Tagged: international payments

February 22, 2020 @ 9:58 am By Omar Faridi  |  

Digital asset exchange Bitso managed to capture a little more than 2% of the remittance market from the United States to Mexico in 2019 and now aims to gain a 20% market share by the end of this year. Established in 2014, Bitso experienced significant… Read More

February 10, 2020 @ 1:51 am By Omar Faridi  |  

London-headquartered Paysend, an international funds transfer company, has confirmed the launch of its money transfer services in Australia. Paysend’s services can now be used in the $1.3 trillion economy to send funds to companies located abroad. The firm said that China, India, and Vietnam are… Read More

February 2, 2020 @ 2:39 pm By Omar Faridi  |  

Doha Bank, one of Qatar’s largest commercial banks (incorporated in 1978 and began offering its services in Doha, Qatar in March 1979), has confirmed the official launch of its domestic and cross-border funds transfer digital service for corporate customers. The domestic and international funds transfer… Read More

January 26, 2020 @ 4:29 pm By Omar Faridi  |  

It seems like there’s some good news finally for freelancers based in Pakistan. Global payments company Payoneer has teamed up with local firm JazzCash, a mobile payment provider, in order to allow Pakistani residents to receive funds from their Payoneer accounts directly into their JazzCash… Read More

January 23, 2020 @ 9:37 pm By Omar Faridi  |  

Leading multinational payments firm Western Union (NYSE: WU) has teamed up with established India-based Airtel Payments Bank, in order to process remittance services. The partnership will allow Airtel Payments Bank clients to direct Western Union transactions into their individual bank accounts via the banking section… Read More

December 13, 2019 @ 8:24 am By Samantha Hurst  |  

TransferMate, a cross-border B2B payments technology solution, announced on Thursday it has extended its integration with cloud accounting company AccountsIQ to offer international payments for AccountsIQ clients. “While AccountsIQ customers can already benefit from the preferential exchange rates and lower fees offered by TransferMate, the… Read More

September 25, 2019 @ 1:00 pm By Samantha Hurst  |  

Bill.com, a business payments and software platform provider, announced on Wednesday it now supports international payments to 137 countries and 106 currencies. The platform reported since the beginning of the year the number of transactions it processes increased 216 percent and total payment volume increased… Read More

July 16, 2019 @ 8:37 am By Samantha Hurst  |  

PayPal announced on Tuesday the launch of its international money service Xoom in 32 markets across Europe. According to PayPal, consumers in these markets can now use Xoom to quickly send money, pay bills or phones to more than 130 markets internationally. “Xoom’s expansion to… Read More

July 10, 2019 @ 8:02 am By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Wednesday it secured $220 million in new financing to continue its international expansion. Remitly reported that the funding includes $135 million Series E equity and $85 million syndicated debt financing. The equity component is led by Generation… Read More

July 9, 2019 @ 1:50 pm By Samantha Hurst  |  

Bill.com, a business payments and software platform provider, announced on Tuesday it now supports more than 70 countries and 50 currencies worldwide. According to the platform, its international payments services help companies solve the obstacles historically presented by cross-border payments while offering a cost-effective and… Read More

June 23, 2019 @ 9:50 pm By Samantha Hurst  |  

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced last week it has expanded its international payment services to Colombia. According to Western Union, the services being expanded are between its Western Union Business Solutions division and Acciones&Valores in Colombia, to offer the WU GlobalPay for… Read More

April 12, 2018 @ 9:52 am By Samantha Hurst  |  

Santander announced on Thursday the launch of its new international payments service using blockchain-based technology. The service is available to retail customers in Spain, UK, Brazil, and Poland, and will be rolled out across more countries in the coming months. According to Santander, the new… Read More