Tagged: mobile payments

N26 Becomes First Neobank to Join Bizum

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

Adyen Selected as Fintech Platform to Introduce Cash App Pay Outside Square Ecosystem

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, has teamed up with Cash App (Block, Inc.) to offer Cash App Pay, “a mobile payment method, to Adyen’s U.S. customers.” Businesses working with Adyen will “have access to Cash App Pay… Read More

Synch Payments Appoints Nexi to Provide Tech Platform for Ireland’s Instant Mobile Payments Service

Synch Payments, the Irish instant mobile payments provider, recently announced that it has entered into an agreement with European Paytech Nexi as its platform and service provider to help bring the Synch proposition to Irish clients. Synch has reportedly obtained authorization from the Competition and… Read More

Alipay+ Teams Up with ComfortDelGro to Enable Mobile Payments Acceptance from Malaysia, South Korea

ComfortDelGro Taxi and Alipay+ recently announced a partnership that enables mobile payments from Malaysia and South Korea, “namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis.” Users of these mobile wallets… Read More

Fintech Ramp Adds Apple Pay as Payment Option for US Clients

Ramp, the payments company making crypto accessible to everyone, has reportedly added Apple Pay as a payment option for its US clients in 36 states. As mentioned in the update shared with CI, the mobile payment option, “already available to consumers on Ramp in the… Read More

Banking Circle Now Supports Bluecode, TWINT Enabling Interoperability between National Mobile Payment Systems

The German-Austrian Bluecode and the Swiss TWINT are the first mobile payment systems to become “interoperable with one another.” Interoperability of said two systems “is based on the specifications of EMPSA (European Mobile Payments System Association).” TWINT and Bluecode interoperability has already “been running since… Read More

MoneyGram Partners with Mobily Pay to Reach New Mobile Wallet Users in Saudi Arabia

MoneyGram International, Inc. (NASDAQ: MGI), which claims to be an international “leader” in the evolution of digital P2P payments, and Mobily Pay, a “pioneering” mobile wallet powered by Saudi-based telecommunications and digital service provider Mobily, have announced a partnership “to launch MoneyGram’s leading international money… Read More

Digital Payments: OTP Mobile Enables Mobile Contactless Transactions in Hungary

MYPINPAD, an international player in mobile-based payments acceptance and digital authentication solutions, has teamed up with CircleBlue Pay (CBP) and OTP Mobile in a move that will “allow thousands of merchants across Hungary to accept card payments via Tap to Phone technology.” Based in Budapest,… Read More

Mobile Payments Fintech PayByCar Finalizes $4M Seed Round

PayByCar, Inc., the mobile payments Fintech responsible for offering pay-by-text payments at gas stations across Massachusetts, has confirmed the completion of a $4 million seed round of funding. Anand Raman, President, and co-founder of PayByCar, stated: “Following a string of successes since our 2020 pre-seed… Read More

Digital Payments: MYPINPAD and SmartPesa Merge to Become Key Player in Mobile Payment Acceptance

MYPINPAD, which claims to be an international leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a provider of payments and agency banking solutions, have “agreed to merge.” The combined entity will “operate under the MYPINPAD brand.” Customers will benefit from greater scale,… Read More

UK Fintech VitraCash Secures £242,984 from 335 Investors via Crowdcube

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

Digital Banking: Quontic Bank Launches Payments Ring in the US

  Quontic Bank announced that it has introduced the “first-ever” tap-to-pay mobile payment ring to the US market. Quontic is an “innovative,” “digital-first,” and “customer centric” bank on a mission “to redefine how a bank and its customers conduct business.” Steve Schnall, CEO and Founder… Read More

Blackhawk Network Teams Up with LOC Software to Give Clients Touch-Free Mobile Payments Option

With the growth of virtual payments making a huge impact on how consumers shop and pay, payments specialist Blackhawk Network and retail software company LOC Software announced a partnership to offer touch-free mobile payment technologies to retailers. With these contactless payment options, Blackhawk Network and… Read More

Fintech Spendwisor, a Mobile Payment Platform Focused on Supporting Qatar, Enters Agreement with Gem Global Yield LLC SCS

Spendwisor Inc. has entered into an agreement with Gem Global Yield LLC SCS (GEM) in order to boost the existing facility size from QAR 190 million (appr. $50 million) to QAR 310 million (appr. $85 million). As mentioned in the update, this serves as a… Read More

QR Payments for Businesses in India have Become Popular, Expected to See Greater Adoption in 2022, Pine Labs Reveals

The team at Pine Labs, a digital payments firm that confidentially filed for a $500 million IPO at valuation of around $7 billion, notes that online payment methods in India have been “around for a while now and with their rising popularity, they are here… Read More

Hubert Rachwalski: CEO at Nethone Explains How His Data Science, Security Team Combats Online Fraud

We recently connected with Hubert Rachwalski, CEO at Nethone, a company focused on a “Know Your Users” strategy to resolve fraud, so clients are able to gain more loyal customers while rejecting only fraudsters. Hubert talked about how cybercriminals are attempting to exploit online platforms… Read More

Fintech Sector in Peru has Been Growing Steadily with 171 Fintechs Operating in the Country: Report

Peru’s Fintech sector has been expanding at a steady pace during the past few years. There are at least 171 Fintechs operating in the country, as of September 2021. These numbers represent a sizable 16% increase from last year, as well as a yearly growth… Read More

PAX Technology, a Payment Terminal Provider, Unveils European Launch of M30, M50 Android PayPhones

PAX Technology, a leading payment terminal solutions provider, has unveiled the European launch of the M30 & M50 Android PayPhones (at the payment industry’s Money20/20 event in Holland on 21-23 September 2021). The M-series PayPhones are the “first-ever” smartphones with inbuilt point of sale (PoS)… Read More

Digital Transformation: HSBC Qatar Introduces Mobile Payments and Seamless Collections Services

HSBC Qatar has introduced mobile payments and collections services for its personal and corporate clients, as part of its ongoing investment into digitizing banking services. These recent updates will aim to enable greater financial inclusion for the unbanked sector and  visitors in Qatar, which is… Read More

UnionPay International Introduces First Contactless Digital Wallet in Tajikistan

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

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