Search Results for: digital payment

Digital Payments Processing: Fintech Stripe to Assist URBN with Retail Transactions

Stripe, a financial infrastructure platform for businesses, today announced a partnership with URBN to power online and in-person retail payments for Urban Outfitters, Anthropologie Group, Free People, and FP Movement. With Stripe as its primary payments infrastructure, URBN will “introduce a more consistent checkout experience… Read More

Digital Payments: Fintech PhonePe and eSewa & Hotel Association of Nepal Pokhara to Support UPI Transactions

PhonePe announced that it has partnered with e-Sewa and the Hotel Association of Nepal (HAN) Pokhara to popularize UPI on the Fonepay Network, as a part of the Fewa New Year Festival which will be held from April 11-14th. The New Year festival is not… Read More

Digital Payments Share Reportedly Reached 70% in Past Year in Saudi Arabia

The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments -one of the Financial Sector Development Program’s KPIs- reached 70% of total retail payments in 2023, up from 62% in 2022. This achievement is attributed “to the significant growth of payments… Read More

Singapore Enhances Regulation of Digital Payment Services with New Amendments

The Monetary Authority of Singapore (MAS) announced significant amendments to the Payment Services Act (PS Act) and its subsidiary legislation, marking a pivotal step in expanding the regulatory framework for payment services within the city-state. These amendments, which aim to incorporate a broader spectrum of… Read More

Australia: Westpac PayTo Digital Payments Option Offered to Institutional and Commercial Payees

Westpac has turned on its proprietary PayTo digital payments capability for institutional and commercial payees, with other business customers to follow by the end of the year. Jeff Byrne, Managing Director, Global Transaction Services, Westpac said that “with the sun setting on traditional direct debits… Read More

Philippines: PLDT Launches Digital Payments Platform Digico

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

BitRail Partners with Payment Lock to Offer Branded Digital Payments

BitRail, a Fintech company whose PayGenius white label platform allows merchants to offer their own turn-key branded digital payments, wallets, and loyalty, this week announced a partnership with Payment Lock, a custom payment solutions provider with access to more than 300,000 merchants. PayGenius is independent… Read More

Mastercard and Egyptian Banks Company to Support Digital Payments and Enable Inclusive Economic Development

Mastercard (NYSE: MA) collaborates with the Egyptian Banks Company (EBC), the advanced payments network and domestic operator in Egypt. The collaboration marks a significant step “towards fostering sustainable economic growth activities, further enhancing the digital payments landscape and driving inclusive economic development in Egypt.” Earlier,… Read More

UAE: Geidea and Fils to Drive Sustainability in Digital Payments

Geidea, which is reportedly known for its innovative solutions and market impact, announces its partnership with Fils, a firm focuse on simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API. Geidea’s collaboration with Fils “underlines its commitment… Read More

Pakistan’s NayaPay Partners with Alipay+, a Cross-Border Digital Payments Service Operated by Ant International

NayaPay, a financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set “to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including… Read More

UAE: Sharjah Islamic Bank Partners with Noqodi for Digital Payment Services

UAE’s Sharjah Islamic Bank (SIB) has announced a strategic partnership with Noqodi, a Fintech company and payment gateway owned by Emaratech Group, to enhance digital payment services. In a statement, the bank said the collaboration is set to substantially enhance the digital and electronic payment… Read More

AllBank, JustPayTo Forge Partnership to Enhance Digital Payments in the Philippines

Financial firm AllBank and digital payment platform JustPayTo have announced a strategic partnership aimed at enhancing the digital payment ecosystem in the Philippines. In a statement, the two firms said their partnership seeks to revolutionize the way customers engage in cashless transactions, especially in the… Read More

Global Fintech Adyen Partners with Straumur to Sreamline Digital Payments in Iceland

Adyen (AMS: ADYEN), the global financial platform of choice for leading companies, is pleased to announce that the company is entering a partnership with Straumur, a subsidiary of Kvika. Straumur is a payment provider that “processes payments in several verticals on the Icelandic market, including but… Read More

Akash Sinha, CEO at Cashfree Payments, Comments on UPI, Digital Payments and Fintech Sector Developments

Akash Sinha, CEO & Co-Founder, Cashfree Payments, has shared key insights with CI that are focused around UPI, digital payments and the overall Fintech space. Akash Sinha from Cashfree Payments notes that even with global economic uncertainty, the fintech sector in India has “continued to… Read More

SAP SE Expands Integration via Launch of Digital Payments Plug-in for PayPal Braintree Platform

SAP SE (NYSE: SAP) announced today it has expanded its integration with financial services company, PayPal, through the creation of a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform. SAP BTP brings together data and analytics, artificial intelligence, application… Read More

Akuvo, Repay Integration Facilitates Digital Payments

Repay, a provider of vertically-integrated payment solutions, this week announced a new technology integration with Akuvo, a provider of cloud-based software that elevates how financial institutions collect and manage their portfolios. The Repay integration with Aperture, Akuvo’s collections management software, enables financial institutions to accept digital… Read More

Digital Payments and Online Wallets Now an Integral Aspect of Travel Experience – Research Report

Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends “in consumer behaviors and preferences for outbound and inbound cross-border travel.” Travel has surged post-COVID and there are “no signs of retreating, despite rising… Read More

Billtrust, a B2B Order-to-Cash and Digital Payments Platform, Announces New Interface for AR Solution

Billtrust, a B2B order-to-cash and digital payments market leader, announces a new, easier-to-use interface for its AI-powered accounts receivable (AR) software platform which delivers improved insights and a more holistic view of AR processes to optimize cash flow and improve staff productivity. The new, platform-wide… Read More

Monetary Authority of Singapore: Singapore Tightens Regulations on Digital Payment Token Providers

The Monetary Authority of Singapore (MAS) has released its final set of regulations to enhance the oversight of Digital Payment Token (DPT) services, following up on its initial legislative amendments in July 2023. MAS said in a statement that the consulted proposals detail business conduct… Read More

Shieldpay, the B2B Digital Payments Provider, Appoints Diji Adu as CTO

Shieldpay, the firm focused on complex high-value B2B digital payments, has announced the appointment of Diji Adu as Chief Technology Officer. Adu, formerly Director of Technology at Shieldpay “brings over 20 years of leadership and software development experience to his new role.” Prior to joining… Read More

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