Tagged: online payments

January 2, 2020 @ 9:27 am By Omar Faridi  |  

Companies might think that they have to spend more money to generate more revenue, however, many are reportedly spending a lot more than what’s required in order to keep their accounts payable (AP) departments operational. Paper checks are still the main method through which American… 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 17, 2019 @ 2:36 am By Omar Faridi  |  

TransferWise, a leading UK-based online money transfer service, has teamed up with Paydesk, a British freelance payments platform, to provide payments services to freelancers. The business integration could potentially help more freelancers throughout the world in gaining access to the benefits of Paydesk’s features such… Read More

November 16, 2019 @ 8:34 am By Omar Faridi  |  

Pakistan’s leading energy company, Byco Petroleum Pakistan Ltd, has teamed up with Bank Alfalah, one of the nation’s largest financial institutions, in order to introduce digital payments across Byco’s nationwide network of retail locations. Bank Alfalah has supported the OneQR concept. The bank will now… Read More

October 7, 2019 @ 4:06 pm By Samantha Hurst  |  

Payments platform Stripe announced on Monday it has launched its services in Malaysia. Stripe reported that businesses throughout the country may now easily accept and manage payments, as well as have access to the full Stripe stack, which includes Billing, Connect, Radar and Sigma. “More… Read More

October 4, 2019 @ 9:13 pm By Samantha Hurst  |  

Payments platform giant PayPal announced earlier this week it has received approval from The People’s Bank of China to acquire 70% equity interest in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a payment business license in China. This will allow PayPal to provide… Read More

June 12, 2019 @ 4:02 pm By Samantha Hurst  |  

EarnUp, a fintech startup that offers a consumer-first platform for automating loan payments, announced on Wednesday it has surpassed $10 billion in loans managed through its platform.  Launched in 2017, EarnUp Revealed it is looking to help consumers stay on track in making loan payments… Read More

February 12, 2019 @ 12:47 pm By Samantha Hurst  |  

MetaBank announced on Tuesday the launch of its faster payments platform, which will enable its partners to disburse funds in near real-time. The banking platform also revealed that one of the first new offerings on this platform is Mastercard Send, a push payments service that powers a… Read More

November 21, 2018 @ 11:10 am By Samantha Hurst  |  

Yandex.Checkout, an online payments service based in Russia, announced on Wednesday its partners may now accept payments through Google Pay without any additional development required: the payment method becomes available to them as they send a request for it. This news comes just days after Yandex.Checkout announced it has integrated… Read More

October 25, 2018 @ 9:12 am By Samantha Hurst  |  

Allied Wallet, a UK-based provider of online payment processing offering various payment solutions in nearly 200 countries around the world, announced on Thursday it is now compatible with several new alternative payment options in the UK. The fintech reported that the expansion allows it to better serve what… Read More

October 1, 2018 @ 10:40 am By Samantha Hurst  |  

Global payments provider Paysafe announced on Monday it is set to host its first global hackathon in five of its developer locations, which are Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada). According to Paysafe, this hackathon is specifically created to identify new ideas,… Read More

September 27, 2018 @ 9:08 am By Samantha Hurst  |  

UK-based payments platform GoCardless announced earlier this week it was launching its GoCardless for Xero in New Zealand. According to GoCardless, the new launch means users can automate payment collections and reconciliation against invoices in New Zealand dollars between GoCardless and Xero. The company wrote… Read More

June 6, 2018 @ 9:22 am By Samantha Hurst  |  

On Wednesday, fintech vendor management platform Alpha Fintech announced it has formed a partnership with European payments firm Trustly. Alpha Fintech reported that this partnership will see Trustly’s payment solutions available to banks, MSPs and merchant users on the AlphaHub platform. The duo explained the partnership’s… Read More

October 2, 2017 @ 9:57 am By Samantha Hurst  |  

On Monday, WePay and SignUpGenius announced they have formed a partnership in order to provide a new process of accepting payments. According to SignUpGenius, organizers using its site can now collect payments from event participants for everything from ticket sales and event registrations to capital… Read More

April 27, 2017 @ 3:07 pm By Erin Hobey  |  

Online payment platform Payza announced that its members in China can now utilize their Payza e-wallets using WeChat, UnionPay, and ePayLinks. Chinese Payza members may also now perform online transactions in Chinese Yuan Renminbi (CYR). The company has offered basic services in China since 2012, however, this is… Read More

September 27, 2016 @ 9:25 am By Erin Hobey  |  

What to do when eCommerce goes global? Partner up with fintech. Rakuten.com, a leading US eCommerce marketplace, has announced its collaboration with Payoneer, an online payments company disrupting the way businesses send and receive cross-border payments. The new offering allows global merchants to sell on Rakuten.com and… Read More

March 27, 2014 @ 11:58 am By Bret Conkin  |  

This article originally appeared in ITBusiness and is being shared with Crowdfund Insider’s readers by Bret Conkin of FundRazr. The rules posted yesterday by Canadian securities regulators are still being digested, but upon first read, they appear very encouraging for Canadian startups, small business and… Read More

March 4, 2014 @ 9:06 am By Charles Luzar  |  

Throughout 2013, PayPal and crowdfunding project creators repeatedly found themselves at odds. First it was Lab Zero Games, the company behind the hugely popular campaign for Skullgirls. Paypal froze Lab Zero’s account only to later release all but $35,000 of Lab Zero’s Indiegogo cash. It… Read More

February 13, 2014 @ 10:05 am By Charles Luzar  |  

FundersClub has announced the launch of the FundersClub Theme Series, a series of managed funds focused on early-stage companies in specific verticals. The first three funds will focus on health & wellness, Bitcoin & payments and hardware. FundersClub is an invite-only equity crowdfunding play. Just last month the… Read More

February 6, 2014 @ 4:23 pm By Charles Luzar  |  

When we first reported on payment startup Celery, the company had just come out of Y Combinator (by proxy via Airbrite) to launch a payment solution for crowdfunding project creators who had already closed a crowdfunding round. We did an in-depth interview with Chris Tsai… Read More