Tagged: cashless

Update: Cashless & Contactless Tipping Platform TiPJAR Nears £575,000 in Funding During the Final Week on Crowdcube

TiPJAR, a UK-based cashless and contactless tipping platform, has raised nearly £575,000 through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, originally seeking £300,000, and has attracted more than 980 Crowdcube investors so far. As previously reported, TiPJAR’s platform was… Read More

India’s Digital First Bank Kotak Mahindra Bank Launches Cardless Cash Withdrawal Facility Through ATMs

Kotak Mahindra Bank (Kotak) announced earlier this week the launch of the Cardless Cash Withdrawal Facility through ATMs (Instant Money Transfer – IMT). According to Kotak, the facility empowers account holders to make cash withdrawals as well as remit money to beneficiaries across India without… Read More

Cashless & Contactless Tipping Platform TiPJAR’s Equity Crowdfunding Campaign Nears £500,000 in Funding Raised on Crowdcube

TiPJAR, a UK-based cashless and contactless tipping platform, has successfully secured nearly £500,000 through its equity crowdfunding campaign on Crowdcube. The funding round launched earlier this month, with the original goal of raising £300,000. TiPJAR revealed that its platform was designed for hospitality staff. The… Read More

Canadian Fintech XTM Announces Expansion of Cashless Ecosystem With RBC & Interac

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it is using the Interac Bulk eTransfer solution offered by RBC (TSE: RY) to help its business clients facilitate near real-time payments. According to XTM, the solution allows XTM customers or Today… Read More

Russian Residents Are Increasingly Conducting Cashless Transactions, As Overall Digital Payments Rise Nationwide: Report

The fourth quarter of 2019 saw Russia’s citizens perform more digital payments than transacting with cash (for the first time ever), state-owned Sberbank confirmed. Moscow-based Sberbank conducted the market research as part of its SberData initiative, revealing that Russian residents performed 50.4% of total transfers… Read More

Wirecard Announces MoU With ALDI For Cashless Payment Processing

Germany-based fintech Wirecard announced on Friday it has signed a Memorandum of Understanding (MoU) with ALDI Nord and ALDI SÜD Groups for cashless payment processing. “Within the scope of the partnership, Wirecard will process all credit card and international debit card payments at all ALDI… Read More

Vietnam Shifts Toward Cashless Economy

Vietnam is moving forward in reducing cash transactions and formalizing electronic payment methods. Deputy Prime Minister Vuong Dinh Hue signed a plan that ensures that the country has the infrastructure and equipment that it needs to progress toward a cashless economy by 2020. Focus areas… Read More

Send this to a friend