Tagged: e-commerce

January 29, 2020 @ 4:32 am By Omar Faridi  |  

The Nashik Merchant’s Co-op Bank (NAMCO), a Maharashtra-headquartered co-operative bank has decided to go digital. The Indian co-op bank has reportedly teamed up with India Transact Services Limited (ITSL), in order to introduce point of sale (PoS) terminals for all of its merchant accounts. This… Read More

January 26, 2020 @ 7:17 am By Omar Faridi  |  

Tokopedia, an Indonesia-based e-commerce marketplace, is reportedly in the final stages of closing an investment round valued at around $1.5 billion from Japan’s Softbank, China’s Alibaba Group and Singapore-based Temasek. The Tokopedia marketplace, which is notably the largest of its kind in Indonesia, is now… Read More

January 21, 2020 @ 9:52 am By Samantha Hurst  |  

dLocal, a fintech company specializing in facilitating cross-border payments for global e-commerce merchants in emerging markets, announced on Tuesday Amazon has gone live with the dLocal local payments acceptance services in Chile. dLocal claims that the solution enables some of the world’s most innovative companies… Read More

January 17, 2020 @ 8:10 am By Omar Faridi  |  

Paysafe, an established specialized payments platform, has introduced a new secure and easy payment method for internet-based purchases made in Cyprus. Customers can use the service to pay for items at almost all online retail outlets. Paysafecash was created by the same Paysafe development team… Read More

December 28, 2019 @ 10:16 am By Omar Faridi  |  

India’s central bank, the Reserve Bank of India (RBI), is reportedly looking into the possibility of providing non-bank entities, including local Fintech firms and insurance providers, direct access to handling RTGS (real-time gross settlement) and NEFT (national electronic funds transfer) transactions – which would be… Read More

December 27, 2019 @ 4:15 pm By Omar Faridi  |  

We recently caught up with Dr. Xiang Xie, Algorithm Scientist of PlatON, a globally accessible “trustless” computing network, which recently revealed that it co-organized and supported the second iteration of the “Crypto Innovation School” (CIS). CIS is reportedly accredited by the International Association for Cryptologic… Read More

December 11, 2019 @ 8:01 am By Omar Faridi  |  

Payoneer, an established online payments platform that helps organizations and individuals across the globe to grow their business, revealed on December 10 that it has decided to acquire optile, a Germany-headquartered technology firm that enhances payment acceptance processes for consumers globally. Established in 2010, optile’s… Read More

November 23, 2019 @ 12:02 am By Omar Faridi  |  

Holdings, Inc. (NASDAQ: PYPL) revealed on November 20 that it has decided to  acquire Honey Science Corporation, a fast-growing tech platform for shopping and rewards, for around $4 billion. Honey, along with PayPal’s two-sided network, will focus on improving the shopping experience for PayPal’s customers,… Read More

November 10, 2019 @ 12:51 pm By Omar Faridi  |  

First Investment Bank (Fibank), the third-largest bank in Bulgaria, is teaming up with Mastercard to introduce the Apple Pay (NASDAQ:AAPL) service. Fibank customers who have a Mastercard credit or debit card can add it to their Apple Wallet in order conduct fast, secure, and private… Read More

September 23, 2019 @ 9:46 am By Samantha Hurst  |  

American Express (NYSE: AXP) announced on Monday its plans to launch an open banking product that will enable UK customers to pay for online purchases with a bank transfer. According to American Express, Pay With Bank Transfer will be a real-time payment option to current… Read More

September 5, 2019 @ 2:23 pm By Samantha Hurst  |  

Digital currency for payments and e-commerce platform Dash announced on Thursday it is now accepted at over 1,000 new merchants and more than 250 ATMs through its partnership with IQ CashNow, a full-service provider specializing in cryptocurrency ATMs, point-of-sale (POS) terminals and e-commerce websites. Dash… Read More

June 24, 2019 @ 7:09 am By Samantha Hurst  |  

Nordea Bank recently announced ith as invested in e-commerce startup, Mondido. Founded in 2014, Mondido claims it offers a simple and fast way to start accepting payments on websites and mobile apps while offering features for analyzing and increasing sales. “Merchants and web shops can… Read More

June 14, 2019 @ 11:09 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced this week it is now enabling the e-commerce channel for the IKEA Thailand’s online store. Wirecard reported that through the partnership, it ensures “smooth” digital payment transactions for IKEA Thailand and enables customers to conveniently… Read More

May 30, 2019 @ 8:54 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has formed a partnership with Chinese e-commerce platform XBN to enable digital payments outside of China. According to Wirecard, XBN is on a rapid global expansion with a trading volume of more… Read More

May 13, 2019 @ 10:20 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now responsible for the entire payment processing in the e-commerce shop of Apollo, which is described as one of the largest optical retailers in Germany. Wirecard reported that it ensures smooth… Read More

March 20, 2019 @ 10:18 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard recently announced the release of its latest study, which revealed that U.S. businesses want a single digital platform for e-commerce success. Wirecard reported that its new commissioned study, which was conducted by Forrester Consulting, has identified… Read More

March 4, 2019 @ 1:13 pm By Samantha Hurst  |  

Modo, a U.S.-based bank-grade fintech-as-a-service platform that connects merchants to the market of payment services providers, announced on Monday the launch of its new product, /Checkout, which is focused on simplifying the payment stack for e-commerce merchants. Modo explained: “With one connection to Modo’s /Checkout… Read More

February 28, 2019 @ 9:50 pm By Samantha Hurst  |  

U.S. fintech Brex announced on Thursday the launch of its new corporate card specifically for e-commerce. As previously reported, Brex is on a mission to rebuild B2B financial products, starting with a corporate credit card for technology companies. “We help startups of all sizes (from… Read More

January 22, 2019 @ 3:41 am By Erin Hobey  |  

Barcelona-based Santafixie Group, a brand and e-commerce of bicycles and components,  has released its own brand of bicycles, with nearly 90K orders and counting. Aiming to be the go-to global brand for bicycles, Santafixie is seeking an investment injection in order to release new models… Read More

January 7, 2019 @ 1:52 pm By Samantha Hurst  |  

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on Monday it has received a signed commitment from PT. Investa Wahana Group, Indonesia to invest $200 million, subscribing for $100 million in shares of the company’s Series F and an addition $100 million in shares of its Series G Convertible Preferred… Read More