e-Payments

Santander InnoVentures Leads USD 6 million Round in Mexican Startup ePesos to Advance Financial Inclusion

Santander InnoVentures, the fintech venture capital fund of Santander Group, announced today an investment in the Mexican startup ePesos, the mobile payments company for the underbanked. ePesos has today closed a USD 6 million investment round that will enable the company to continue growing its platform serving and supporting small and medium sized enterprises across Mexico. Other institutional investors participating in the round include ... more Read more »

Visa Research: Mobile money takes off in Europe

Uptake of mobile devices to manage money, conduct banking and make payments is greater than ever, as 77% of Europeans now use their mobile devices to keep track of their finances and make everyday payments such as bills, parking and going out.  Today, Visa (NYSE: V) released the findings of its annual Digital Payments Studyi, which looks at consumer behavior around digital payments, ranging from contactless to online shopping as well as... more Read more »

EcoMobile Partners with Billaway Giving Pre-Paid Mobile Phone Users Free Airtime When They Share their Opinions

Wireless service provider EcoMobile announced it has deployed Billaway's solution, enabling mobile phone subscribers to earn free mobile airtime by participating in surveys. To participate, EcoMobile users can download the EcoMobile Refill  Rewards app, or simply text "Eco" to 313131. Read more »

Teen Chat App Kik to Unveil Digital Currency

Kik Interactive, the creator of popular chat platform Kik, today announced it is launching Kin, a cryptocurrency that will serve as a foundation for a decentralized ecosystem of digital services.  Kin will be created as an ERC20 token on the Ethereum blockchain and will be integrated into Kik as the primary transaction currency. Read more »

Anantara Vacation Club Selects Ingenico ePayments to Optimise Global Payment Acceptance

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, announced that it has signed an agreement with Anantara Vacation Club, Asia’s premiere shared vacation ownership programme, to provide online payment acceptance and processing. Read more »

Singapore Shows Highest Preference in South East Asia for Electronic Payments

Eighty-seven per cent of Singaporeans prefer to make electronic payments, as opposed to using cash (up 11%), representing the highest preference for electronic payments in the region, according to the 2016 Visa Consumer Payment Attitudes survey.  This growth is largely due to an increased preference for using debit cards (up 7%), with 62 per cent of consumers saying they own and actively use debit cards, an increase of 13 per cent.  Read more »

Mastercard UnionPay International and Visa Unveil Standardized Mobile QR Codes To Streamline E-Payments in Thailand

Recently, Visa, Mastercard, and UnionPay, the world’s top payment solution providers have unveiled a standardized quick response code (QR) for payments in Thailand. This step enables the country’s transition to a cashless society that is aligned with the Bank of Thailand’s cashless agenda driven by innovation.  Read more »

TD MySpend App Reaches One Million Users

Since launching last April, close to 1,000,000 Canadians have signed up for TD MySpend, a mobile money management app that makes it easier to track spending habits and gain greater control over personal and family finances. The app features instant notifications, spending insights and category tracking to give users greater insights into their spending. Read more »

Mobifone Joins Forces with Fortumo to Launch Carrier Billing on Google Play

The Vietnamese mobile operator Mobifone and the mobile payments company Fortumo are today announcing the launch of carrier billing on Google Play. Over 25 million Mobifone subscribers can now purchase apps and in-app content from the app store by charging payments to their phone bill. Read more »

Facebook Enables Group Payments in Messenger

Since 2015, you could send and receive money on Messenger, but until now, these person-to-person payments have just been possible between two people. Starting today for Android and desktop, you can send or receive money between groups of people on Messenger. It’s free, simple, fast and secure. Whether you’re splitting a restaurant bill or chipping in for a group gift, all you need to do is go to a new or existing Messenger group conversation to... more Read more »

WoraPay Teams Up With Mastercard to Save Time For Lloyds Banking Group and Beyond

WoraPay, the mobile service provider that allows customers to beat the queue when ordering food and drinks, has integrated Masterpass, the global digital payment service from Mastercard. Read more »

Paymentwall To Provide Security of Online Payments in Sweden

Now paymentwall is connected to all banks in Sweden, including Nordea Bank, SEB, Handelsbanken, and Swedbank, allowing every person with a bank account in Sweden to pay using online bank transfer.  Read more »

YES Bank Goes For Payments Digitization For Nashik Smart City

Today YES BANK, one of the largest Indian private sector banks, launched cashless payment solution for Nashik Smart City, in partnership with the Nashik Municipal Corporation (NMC) to aid the Government’s dream of a less-cash economy. Read more »

Net Element Introduces Apple Pay Support in Russia

Net Element, Inc. ( NASDAQ : NETE ) ("Net Element" or the "Company"), a provider of global mobile payment technology solutions and value-added transactional services, today announces that its PayOnline subsidiary has launched Apple Pay support in Russia. According to Apple, Inc., the global number of Apple Pay users is growing at a rate of over one million per week, while transaction volumes are up 500% over the last year. Since launching in... more Read more »

India's ItzCash Further Invests in POS Terminals

ItzCash India’s leading player in the digital payment space and a pioneer in prepaid card industry, today, announced further investment and scale up of its Point-of-Sale terminals. It will enable to pay, transact and withdraw money at local kirana store with ItzCash’s Point-of-Sale machine. Read more »

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