Tagged: online payments

DNA Payments Group Teams Up with sunday, a Restaurant Payment Solution

DNA Payments Group, an omnichannel payments company in the UK and EU, and sunday, a restaurant payment solution, have shared an update. The Fintech firms say that they will jointly exhibit on Stand h1063 at Hotel, Restaurant & Catering, ExCel in London from March 25th… Read More

Philippines: PLDT Launches Digital Payments Platform Digico

Philippine-listed network provider PLDT Inc. has announced the launch of Digico, a new digital venture created to harness the extensive data assets of the MVP Group of Companies. This initiative marks a significant move towards accelerating digital transformation and opening up new growth and value… Read More

China’s Ant Group Boosts Transaction Limits for International Travelers

Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More

Stax Payments Acquires APPS, Expands Tech Stack to Provide Seamless Payment Processing Experience

Stax Payments, a payment technology provider, announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform. The integration of APPS marks “a significant expansion of Stax’s technology stack, giving partners and merchants flexible, customizable options for their payment processing needs… Read More

Stablecoins: Crypto Payments Platform BitPay Adds PayPal USD (PYUSD) Stablecoin Support

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants “to accept PYUSD, enabling their customers to buy any… Read More

BNPL Fintech Klarna Teams Up with UK Luxury Store Liberty to Offer Payment Flexibility

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

Checkout.com, a Payment Solution Provider, Partners with NetEase Games, the Online Gaming Unit of NetEase

Checkout.com, a global payment solution provider, announced today a partnership with NetEase Games, the online games division of NetEase, Inc. and a leading global developer and publisher of video game IP “for their international payment operations.” Leveraging Checkout.com’s extensive experience in cross-border payments and global… Read More

Financial Wellbeing: Fintech DailyPay, Remington Hospitality to Improve Employee Experience

Remington Hospitality, a hotel management company, announced its partnership with DailyPay, the leading provider of on-demand pay. With DailyPay, Remington Hospitality employees have “access to their earned pay as they earn it.” This critical financial wellness benefit “provides the employees with the power of choice… Read More

EstateGuru, a P2P Investing Platform, Adds Lemonway ‘Pay by Bank’ Option

EstateGuru has partnered with Lemonway in order to bring the Pay by Bank online payment solution to the platform, allowing users to add funds to their accounts directly from their bank accounts. EstateGuru has shared instructions as to how it works. The firm reminds clients… Read More

Printemps Paris Integrates Alipay+ Solutions to Enable Digital Payment Experience for Asian Clients

Printemps, the French luxury department store, announced the integration of Alipay+, a suite of global cross-border digital payment and marketing solutions, in order “to offer Asian consumers a convenient and seamless checkout experience with their home e-wallets.” Through a simple integration, Kakao Pay and AlipayHK… Read More

European SMEs Are Increasingly Making Online Payments, According to Research by Qonto

European SMEs are increasingly using cards and making online and  virtual payments, according to research by Qonto, the European business finance  solution for SMEs. Analysis published has looked at “the spending habits of 350,000 SMEs and freelancers.” The  data “shows increased card usage as well… Read More

Digital Transactions: Economic Rebound to Allow Card Payments to Grow by 4.8% in Hong Kong (China SAR) in 2023, New Report Claims

Hong Kong’s card payments market is “expected to grow by 4.8% to reach HKD1.06 trillion ($136.0 billion) in 2023, supported by an economic rebound and a growing consumer preference for electronic payments,” says GlobalData, a data and analytics company. According to GlobalData’s Payment Cards Analytics,… Read More

Fintech Clik2pay Enables Online Debit Payments on WooCommerce

Payment service provider Clik2pay announced it has developed a Clik2pay plugin for WooCommerce, “enabling any business on the platform to quickly and easily enable Clik2pay for their online store.” WooCommerce users can now “offer their customers a direct-from-account payment option and begin accepting debit payments… Read More

Online Payments Report: Indian Households to Make Over 50% Non-Cash Transactions by FY26

Redseer Strategy Consultants released a report titled ‘Future of Online Payments’ in collaboration with Plural by Pine Labs. The report “highlights growth projections for the forecast period FY23-26 and shares insights on segments like UPI, Bharat Bill Payment System (BBPS), Embedded Finance, and e-commerce.” As… Read More

Online Payments: Fintech Freepay, Finaro to Strengthen Danish Market Presence as Payment Provider

Freepay has announced a collaboration with Finaro to strengthen its position in the Danish market as a payment provider (payment gateway). Through this collaboration, Freepay can now “offer a broader solution within online payments on various technical platforms, both physically and online, where card payment… Read More

BNPL: Saudi Central Bank (SAMA) Seeks Public Consultation on Rules for Regulating Buy Now Pay Later Fintechs

The Saudi Central Bank (SAMA) seeks public consultation on the draft “Rules for Regulating Buy Now Pay later (BNPL) Companies.” In the interest of transparency and wider participation, SAMA reportedly “invites stakeholders and public to provide suggestions and observations on the draft Rules by visiting… Read More

Digital Payments: Fintech Stripe Launches Customizable Smart Reader

Stripe, a financial infrastructure platform for businesses, today unveiled Stripe Reader S700 to help businesses bring their online and in-person payments experiences closer together than ever before. The new, Android-based smart reader is “part of Stripe Terminal, a set of developer interfaces, pre-certified card readers,… Read More

Online Payments: Securities Commission Malaysia Introduces Electronic Payment Hub

The Securities Commission Malaysia (SC) recently announced a new electronic payment hub, also known as e-PATH, which provides a more seamless and secure way “for market participants and the public to make online payments to the SC.” e-Path is reportedly “part of the SC’s digital… Read More

Digital Banking: Brazil’s Nubank Reinforces Payments Unit, Leverages NuPay as a Payment Method on iFood

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces NuPay – which is described as “the exclusive online payment service for Nubank customers – as the newest payment method on iFood, a Brazilian technology company.” As of… Read More

Switzerland’s Digital Payments Fintech Klarpay Shares Q1 2023 Update

The team Klarpay recently shared what they have achieved so far in Q1 2023. During the first quarter of 2023, Klarpay AG announced it “achieved profitability in its first year of operations, despite the challenging economic conditions of the global markets.” The company claims it… Read More