Tagged: payment processing

Crypto.com Announces New Partnership With Singapore’s Payment Processing Gateway Xfers

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it has formed a new partnership with Xfers, a Singapore-based payment processing gateway, to enable its users to buy and sell crypto in SGD by December 2019. According to Crypto.com, users will be able to instantly buy crypto… Read More

Klarna Adds Abercrombie & Fitch to Payment Service

Payment processing platform Klarna announced on Thursday Abercrombie & Fitch customers in the U.S. will now have access to its Pay in 4 service when shopping online. The company noted that the service enables customers across the Abercrombie & Fitch Brands, which are Abercrombie &… Read More

BitPay Set to Support XRP For Payment Processing & Cross-Border Transfers Through New Partnership With Xpring

Global blockchain payments provider BitPay announced earlier this week it is set to support XRP for payment processing and cross-border transfer through its new partnership with Ripple’s developer initiative, Xpring. According to BitPay, the support will allow businesses to accept XRP for payments through BitPay’s merchant processing… Read More

Stripe Secures $250 Million Through Latest Funding Round

Payments platform Stripe announced on Thursday it secured $250 million through latest funding round at a new pre-money valuation of $35 billion. Investors involved in the funding round included General Catalyst, Sequoia, and Andreessen Horowitz. The latest round of funding comes just days after Stripe… Read More

Square Now Offering Free EIN Assistant For Small Businesses

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required… Read More

Wirecard Forms New Partnership With Airliner SunExpress to Process Credit Payments in Local Travel Agencies

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has formed a partnership with European airliner SunExpress to process credit card payments in local travel agencies. Wirecard reported that within the terms of the agreement, SunExpress uses the International Air Transport… Read More

FIS Completes Acquisition of WorldPay

FIS (NYSE: FIS), a financial services technology firm, announced on Wednesday it has completed the acquisition of WorldPay, a global payment technology provider. FIS notably acquired WorldPay for $35 million. As previously reported, WorldPay claims to be a “global leader” in payments processing technology and… Read More

Wirecard Announces MoU With ALDI For Cashless Payment Processing

Germany-based fintech Wirecard announced on Friday it has signed a Memorandum of Understanding (MoU) with ALDI Nord and ALDI SÜD Groups for cashless payment processing. “Within the scope of the partnership, Wirecard will process all credit card and international debit card payments at all ALDI… Read More

Klarna Announces New Collaboration With British Contemporary Fashion Brand Superdry

Payment processing platform Klarna announced on Thursday it has formed a new partnership with British contemporary fashion brand Superdry. Through the partnership, Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in… Read More

WorldPay Partners With ACI Worldwide to Drive Global Acceptance For Alternative Payment Methods

ACI Worldwide (NASDAQ: ACIW), a global provider of real-time, any-to-any electronic payment solutions for banks, intermediaries, merchants, and corporates, announced on Wednesday it has formed an international relationship with Worldpay, Inc., a global provider in payments processing technology and solutions. According to ACI, the new collaboration… Read More

Ripple Partner MoneyNetint Teams Up with PXP Financial to Enable Cross Border Payments Processing

Fintech

MoneyNetint a Ripple partner and borderless commerce company, announced on Wednesday it has formed a partnership with global payments company that is delivering acquiring solutions built by merchants for merchants, PXP Financial, to provide cross-border payment processing in the U.S. and EU. MoneyNetint currently offers… Read More

Wirecard to Provide International Payments Service For Turkey’s BluTV

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it will now be providing service for BluTV, a Turkey-based streaming subscription service with over four million subscribers, in its global expansion. According to Wirecard, BluTV is a Turkish digital streaming platform and… Read More

European Payment Provider Klarna Launches Open Banking Platform

Global payments provider Klarna announced on Thursday the launch of its new open banking platform. According to Klarna, the platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna… Read More

European Payment Processor Borgun Announces Partnership With Fintech & Insurtech Novae

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

Galileo Posts 88% Run Rate Increase in 2018

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Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday its significant growth and an expanded portfolio of payments and cash management solutions that increase business opportunities for its clients. Galileo reported its client base grew 34 percent and the company’s number of employees increased… Read More

Following Series B Funding Round, UK Fintech Rapyd Launches Hyper-Local Payments Solution For Global Commerce

Just a little over a month after securing $40 million through its Series B funding round, which was led by General Catalyst and Stripe, UK-based fintech Rapyd announced on Tuesday the launch of its hyper-local payments solution that allows merchants to accept local payment types… Read More

FIS Acquires WorldPay For $35 Billion

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Monday it has been acquired by FIS (NYSE: FIS), a financial services technology firm. FIS reportedly purchased the payment processor for $35 billion. Founded in 1993, WorldPay claims to be a “global leader” in payments… Read More

Payscape Teams Up With CardFlight to Offer Payment Acceptance Technology

U.S.-based fintech Payscape announced on Tuesday it has teamed up with CardFlight, a mobile POS and SaaS payment technology company, to offer CardFlight’s leading payment acceptance solution, SwipeSimple, to merchants across the U.S. Payscape reported that with SwipeSimple it will be able to offer merchants a broad range of… Read More

Allied Wallet Expands Payment Options Offering in Ireland

Less than a week after announcing it is now offering several new alternative payment options in the UK, online payment processing provider Allied Wallet announced more payment options for Ireland. The company added Paysafecard, Boleto Bancário, SEPA Credit Transfer, and SEPA Direct Debit to its NextGen Payment… Read More

Global Payments Provider Klarna Announces Rancourt As First U.S. Merchant

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

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