Quote on NPCI Data on Fall in Digital Payment Transactions
- 4 years 10 months ago
- e-Payments, Money Transfers
Digital payment transactions fall sharply between April and May after sustaining a rising trend till March, hit by the second wave of COVID-19 pandemic, according to the National Payments Corporation of India (NPCI) data.
ACI Worldwide and J.P.Morgan Collaborate to Offer Merchants in Europe Greater Choice of Payment Options
- 4 years 10 months ago
- Payments, e-Payments
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, today announced a collaboration with J.P. Morgan, a global leader across banking, markets and securities services, that will enable merchants in certain European countries to deliver in-store payment acceptance capabilities to their customers.
RS2 Granted Electronic Money Institution License from the German Federal Financial Supervisory Authority
- 4 years 10 months ago
- Payments, e-Payments
RS2, the global payments processing and technology provider, today announced that its German subsidiary, RS2 Financial Services GmbH, has been granted an E-Money Institution (EMI) license by the German regulator, the German Federal Financial Supervisory Authority (BaFIN).
SwissBorg Accelerates Growth and Selects OpenPayd’s Banking-as-a-Service Platform in Europe
- 4 years 10 months ago
- Wealth Management, Payments, e-Payments
OpenPayd, a leading global payments and banking-as-a-service (BaaS) platform for the digital economy, today announced it is working with SwissBorg, a cryptocurrency wealth management platform based on blockchain technology. OpenPayd’s platform enables SwissBorg to seamlessly embed a full suite of financial services into its user experience, driving increased processing speeds and reducing operational costs, to support further business growth.
ACI Worldwide Powers Payments Innovation for KNET
- 4 years 10 months ago
- Payments, e-Payments, IT Innovations, Financial
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, today announced that it has expanded its partnership with KNET, Kuwait’s national electronic banking company, to launch a number of new and innovative digital payment services to support its customers during the COVID-19 pandemic.
Payoneer Announces Agreement with eBay
- 4 years 11 months ago
- E-Commerce, Payments, e-Payments
Payoneer Announces Agreement with eBay eBay continues to manage payments in more countries with the support of Payoneer
Computop Makes Online Payments Even More Secure with Card Scheme Token
- 4 years 11 months ago
- Payments, e-Payments
Computop, a leading global payment processor, has today announced that its payment platform, Computop Paygate, is now making Card Scheme Tokens, issued by major card brands, available to its merchants. The use of tokens makes online card payments for European merchants safer and more convenient: by storing tokens, they can anchor card information in the customer account without risk, saving their customers the hassle of entering data.
West Africa Launches New Payments Digitization Agenda
- 4 years 11 months ago
- Payments, e-Payments
In Senegal, 8 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to health insurance.
Fintech Startup Payer Selected by Returpack to Digitise Payouts in National Recycling Scheme
- 4 years 11 months ago
- Payments, e-Payments, FinTech StartUps
Returpack is the company that facilitates over 2 Billion deposits of recyclable PET bottles and cans in Sweden through a network of reverse vending machines. The fintech startup Payer was chosen to develop a new and innovative IoT technology with the ambition to create an easy digital payout experience for consumers. The digital solution, based on Payer’s API payments platform, is now being rolled out across Sweden.
Merchants and Acquirers Must Work Together to Ensure SCA Success, Says ACI Worldwide
- 4 years 11 months ago
- Payments, e-Payments
Merchants need to work actively with their acquirers and take charge of their exemption strategy now in order to be fully prepared for when Strong Customer Authentication (SCA) regulations take effect in the UK in September 2021, says ACI Worldwide, a leading global provider of real-time payments and digital payments software solutions.
PayPoint Significantly Enhances Digital Payments Capability and Diversifies its Sector Reach with RSM 2000 Acquisition
- 4 years 11 months ago
- Payments, e-Payments
Digital payments expert PayPoint has completed the acquisition of RSM 2000 Ltd, a leading provider of innovative digital payment services. The move marks a further step change in PayPoint’s strategic delivery; RSM 2000 boasts a significant portfolio of clients across sectors such as charities, not-for-profit organisations and SMEs in the UK, organisations which will bolster PayPoint’s market reach.
Digital Payments Grew by 76% in the Last 12 Months: Razorpay Report
- 4 years 11 months ago
- Payments, e-Payments
Almost every small business across every sector took a severe hit in 2020. But now a year later, embracing e-commerce and online payment methods have played a major role in keeping small businesses afloat. Digital payment transactions are up by 76% in Jan-Feb-March(JFM) of 2021, as compared to JFM, 2020.
Yolt Comments on Post Lockdown Optimism as The Next Set of Restrictions Ease, with 38% Extremely Worried about Their Financial Future
- 4 years 11 months ago
- e-Payments
As the next set of lockdown restrictions lift this week, smart money app Yolt’s user data* reveals our financial habits paint a mixed picture when it comes to post pandemic optimism:
SatchelPay to Introduce the Next-Gen Satchel Fintech Ecosystem
- 4 years 11 months ago
- e-Payments, Financial
SatchelPay, the EU-based electronic money institution (EMI), presents their next-gen financial product line branded as Satchel. The newly introduced and rebranded self-titled platform is designed to access the wide range of financial services intended both for businesses and individual clients.
Mastercard Recovery Insights: E-commerce a Covid Lifeline for Retailers with Additional $900 Billion Spent Online Globally
- 4 years 12 months ago
- Covid-19, E-Commerce, e-Payments
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900 billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly £1.50 out of every £5 spent on retail, up from about £1 out of every £5 spent in 2019.1
