Tagged: payments

April 11, 2023 @ 10:15 pm By Omar Faridi  |  

FYST, a “one-stop” payments consultancy for ecommerce businesses, has released the first part of a new three-part report, ‘The Map of World Payments’, that drills deep into ecommerce payment trends, with this instalment focusing on the MENA region, and shows how merchants serving these regions… Read More

April 11, 2023 @ 8:10 am By Omar Faridi  |  

A new study from Juniper Research, foremost “experts” in the payments market, found that the transaction value of recurring payments “will exceed $15.4 trillion globally in 2027, from $13.2 trillion in 2023.” This relatively slow growth of 17% “reflects that recurring payments are a well-established… Read More

April 10, 2023 @ 4:38 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, today announced a new technology integration with Optima Global Solutions, a software and services firm specializing in providing IT consulting and digital transformation solutions. The integration will “enable Optima’s customers to further streamline accounts… Read More

April 9, 2023 @ 9:52 pm By Omar Faridi  |  

In March, PeerBerry investors reportedly funded €65.53 million of loans, “i.e., €10.23 million or 18.5% more than the previous month.” In March, their investors “received €877 001 in interest.” 1071 new investors joined the platform last month. The average annual ROI on PeerBerry “in March… Read More

April 9, 2023 @ 9:31 pm By Omar Faridi  |  

Ralph Lauren is now accepting cryptocurreny payments at its Miami Design District Store. BitPay is pleased to announce Ralph Lauren, the brand that defines “modern luxury” and timeless style, accepts digital currency payments at its new store in the Miami Design District. This store reportedly… Read More

April 9, 2023 @ 8:42 pm By Omar Faridi  |  

Paytrix Co-Founders, Aran Brown and Eddie Harrison recently noted that between them, they have been “working in payments for over 30 years.” Across all aspects of the ecosystem – “from Card Issuing to Card Acquiring; Open Banking to Foreign Exchange and Cross Border Payments.” Within each… Read More

April 9, 2023 @ 2:35 pm By Omar Faridi  |  

Transcard, which claims to be a global leader in payment and data technology, announced that it has successfully integrated its family of embedded payment solutions, called SMART Suite, “with one of Mastercard’s innovative commercial offerings, Track Business Payment Service.” Mastercard Track Business Payment Service will… Read More

April 8, 2023 @ 11:46 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. This move further “reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way to reduce… Read More

April 8, 2023 @ 10:40 am By Omar Faridi  |  

Goodwill of Colorado, an organization dedicated to creating community impact through programs for individuals with disabilities, education, training and career placement, has partnered with DailyPay–the provider of on-demand pay. As part of the organization’s mission “to empower individuals, and to provide a fulfilling employee experience,… Read More

April 7, 2023 @ 11:58 am By JD Alois  |  

Sway, a new payments platform that dodges costly card transactions, is preparing to raise money in a securities offering listed on Seedrs. While not live yet, Sway is taking emails for “priority access” when the offering is available. Sway was launched based on the idea… Read More

April 6, 2023 @ 9:00 am By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The investment round was “led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation… Read More

April 5, 2023 @ 2:17 pm By Omar Faridi  |  

Volante Technologies, the global provider of cloud payments and financial messaging solutions to accelerate digital transformation, is celebrating Women’s History Month with the announcement of “a series of female hires to strategic positions in the business.” Emer Murphy was “hired in October 2022 as Vice… Read More

April 5, 2023 @ 8:17 am By Omar Faridi  |  

Valued at $2B, the global talent solution provider “reports significant momentum as the demand for remote-first workplace solutions accelerates.” Velocity Global, the provider of global talent solutions, announced new financial metrics and corporate momentum to include: Crossed the $200M ARR threshold. More than 40% organic… Read More

April 4, 2023 @ 3:17 pm By Omar Faridi  |  

Tranglo recently announced the launch of instant SEPA payments to Europe. It reportedly marks the company’s first large-scale expansion “in that region and comes amid an influx of cross-border funds in recent years.” As noted in the update, SEPA “facilitates over 43 billion transactions annually,… Read More

April 4, 2023 @ 12:54 pm By Omar Faridi  |  

The Durham Bulls recently announced they are partnering with SpotOn as the food and beverage point of sale system for Bull City Hospitality, the exclusive food service provider of the Bulls. Durham Bulls Director of Food and Beverage Dave Levey said: “We are very excited… Read More

April 4, 2023 @ 12:34 pm By JD Alois  |  

PayPal (NASDAQ: PYPL) has added Apple Pay (NASDAQ:AAPL)  as a payment option for its busines users, according to a corporate statement. PayPal said that beggining today small businesse will accept payments with Apple Pay, allow customers to save payment methods with the PayPal vault and… Read More

April 3, 2023 @ 7:28 pm By Omar Faridi  |  

Paypa Plane claims it is “revolutionizing” the financial sector by “delivering customizable payment solutions to banks that grant them entry into Australia’s PayTo Network.” Paypa Plane’s services “provide a comprehensive suite of capabilities to banks and their customers and has garnered the attention of US… Read More

April 3, 2023 @ 12:37 pm By Omar Faridi  |  

This final report – issued as part of the G20 cross-border payments program – focuses on facilitating increased adoption of payment versus payment (PvP) “to reduce foreign exchange (FX) settlement risk and improve cross-border payments.” It analyzes “the causes of non-PvP settlement, takes stock of… Read More

April 3, 2023 @ 8:27 am By Omar Faridi  |  

Fintech firm Rapyd reveals that 41% of global organizations believe that international business expansion is imperative “to ease their current trading concerns.” That’s according to a study released by global fintech-as-a-service partner Rapyd, which shows that a sizeable contingent of cross-border businesses are “looking to… Read More

April 3, 2023 @ 2:48 am By Omar Faridi  |  

The European Payments Council (EPC) has announced the appointment of Giorgio Andreoli as its new Director General, effective from 1 April 2023. He takes over from Etienne Goosse, who “stepped down after twelve highly successful years in the role.” Giorgio Andreoli reportedly “has extensive professional… Read More