Tagged: digital payments

Indian Fintech PhonePe Clients Can Make Payments via UPI at Mashreq’s NEOPAY Terminals in the UAE

PhonePe App users traveling to the UAE can now make payments using UPI at Mashreq’s NEOPAY terminals, available across a wide array of retail stores, dining outlets, as well as tourist and leisure attractions. They simply need to “scan the QR code for seamless and… Read More

UK Fintech LaPay Reportedly Receives Investment from Alchemy Pay

Alchemy Pay has invested in LaPay UK Ltd, a Fintech dedicated to facilitating international business growth for companies. LaPay holds an Authorised Payment Institution (API) License in the UK “with reference number 914920 and is regulated by the UK Financial Conduct Authority (FCA).” The strategic investment… Read More

Cross-Border Payments: Mastercard Expands Payment Solutions with China’s Alipay

Mastercard (NYSE: MA) continues to expand its cross-border payment solutions with a new connection to Alipay, China’s digital open platform under Ant Group. The move comes as consumers increasingly “look for ways to send money across the globe quickly and securely.” Insights from Mastercard’s Borderless… Read More

Fintech Nexi and Mastercard to Enhance Open Banking Payments Across Europe

Nexi and Mastercard (NYSE: MA) have teamed up to advance Open Banking Payments Across Europe. Mastercard’s open banking technology to “enable more choice and power seamless, secure digital payments across Europe in partnership with Nexi.” Nexi has chosen Mastercard as its strategic partner “across Europe… Read More

STICPAY, a Digital Wallet Service Provider, Announces Partnerships with Asian Local Payment Providers

STICPAY, a global e-wallet service provider and payment gateway, announces new partnerships with more than 20 Asian local payment providers in a move that makes global payments for Asia’s developing market communities more accessible, integrated, and cost-effective. Across China, India, Hong Kong, the Philippines, Singapore,… Read More

Visa Introduces Extended Digital Wallet Capabilities via Commercial Pay, a B2B Payment Solution

Visa (NYSE:V), a global enabler of digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the provider of virtual payments technology, to enhance how businesses manage transactions globally. The innovation enables… 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

Nium, the Enabler of Real-Time Payments, Obtains In Principle Approval from RBI for Payment Licences

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

Conferma Pay and ConnexPay to Allow Businesses to Simplify Payments Processes with Virtual Cards

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payments processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s virtual card ecosystem and ConnexPay’s virtual card issuing engine and real-time funding processes “to create a… 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

Payments Canada Update: Automated Clearing Settlement System and Lynx Cleared and Settled Transactions Valued at Over $106 Trillion

At Payments Canada they aim to dedicate resources to the delivery, operation and governance of payment systems that are innovative, secure and globally connected. As the fourth quarter of 2023 is quickly coming to a close, Tracey Black, the President and CEO at Payments Canada,… Read More

Real-Time Payments Fintech Volt Teams Up with Embedded Sustainability Firm ekko

Volt, the global real-time payments platform, has recently announced its partnership with embedded sustainability fintech, ekko. The collaboration enables consumers and retailers “to support the removal of plastic bottles from the ocean at checkout, which are then tracked in real time to measure the environmental… 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

Latin America: Fintech EBANX Announces Integration of Botón Bancolombia, a Payment Method Enabled by Bancolombia Bank

EBANX, a global fintech company specializing in payment solutions for rising economies, announced the direct integration of Botón Bancolombia, a payment method created by Bancolombia bank, to be part of its array of available payment methods in Latin America. This strategic partnership aims “to streamline… Read More

BNPL Fintech Affirm Introduces Flexible Payment Options via Google Pay for Online Checkout in the US

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced their flexible and transparent payment options will be “offered to consumers and merchants that use Google Pay for online checkout in the U.S.” Beginning in Q1 2024, Affirm will be “available… Read More

BNPL: Airbnb, Klarna Introduce Pay Over Time to Provide More Flexible Payments for Guests

Airbnb and Klarna have joined forces to launch Pay Over Time with Klarna, which is described as being a new way for guests in the UK to spread the cost of their reservation. The launch is part of a phased global roll-out which “will see… 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

Mastercard Study Reveals Latin American Payment Preferences

This week, Mastercard released findings of its study of Latin American consumer payment preferences. The announcement was part of the Mastercard LAC Innovation Forum. Over the past few years, the use of various alternative payment methods has increased; 77% of consumers have used electronic payments, with… 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

Tassat Group Promotes Saidin to CEO

Tassat Group, a provider of real-time digital payment solutions, recently announced the appointment of Zain Saidin as CEO. Saidin assumes the CEO position after serving as Tassat’s COO since February. Kevin R. Greene will continue his role at Tassat as the chairman of the board… Read More

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