Payments

Brazilians tend to increase spendings on ecommerce after the pandemic, EBANX study shows

A research launched by EBANX, on the impacts of the COVID-19 pandemic on the ecommerce market in Brazil and the post-pandemic perspectives, brings in the results an intention to increase or maintain spendings on international websites by Brazilians after the pandemic period. Read more »

Samsung integrates blockchain wallet with Gemini exchange

Samsung is integrating its blockchain wallet with the Winklevoss twins' Gemini app for buying and selling cryptocurrencies. The Samsung Blockchain Wallet lets people self custody crypto directly on newer models of the electronic giant's mobile phones. Gemini is the first US crypto exchange to integrate with the wallet, allowing users in America and Canada to connect to its app to buy, sell, and trade crypto. Read more »

Mastercard: Contactless payments have become the “new normal” across the UK

As Mastercard reveal that 66 per cent of all transactions across the UK are now contactless, new research released today identifies consumer habits and viewpoints that mean this is a consumer change that will stand the test of time. In the UK contactless adoption was already high and Mastercard has recently worked with the industry to enable the limit for contactless payments to increase from £30 to £45 to help people benefit from the fastest... more Read more »

South Africa’s Mama Money Expands Global Reach with Western Union

Western Union, a leader in cross-border, cross-currency money movement and payments, and Mama Money, a rapidly growing international money transfer company, have joined forces to enable Mama Money customers to send money to their loved ones around the world via Western Union's Global Network. Read more »

SatoshiPay Secures $550,000 investment from Stellar Development Foundation

The Stellar Development Foundation ("SDF") has made a strategic investment of $550,000 by way of convertible loan notes. This investment marks the third investment made by SDF through its Enterprise Fund and will support SatoshiPay to continue to develop its B2B solution for commercial, cross-border payments and its digital wallets. SatoshiPay was one of the first businesses to use Stellar commercially and has, to date, processed €650,000 in... more Read more »

Enfuce powers payments in MaaS Global’s revolutionary mobility app

Maas Global, the leading Mobility as a Service provider, has partnered with Enfuce – Finland’s largest fintech startup – to launch a card payment offering in Whim, MaaS Global’s all-inclusive mobility app. The partnership enables MaaS Global to issue Mastercard prepaid cards securely, and expand its offering to new markets. Read more »

Modern Card Issuing Leader Marqeta Valued at $4.3B in Latest Round

Marqeta, the global modern card issuing platform, announced today that it has raised an additional $150 million in new capital from a leading institutional investor, valuing the company at $4.3 billion. Read more »

Lockdown alters crypto trading habits - Revolut data

Today Revolut, the Financial Super App with over 10 million customers in the U.K and Europe, reveals figures outlining how the cryptocurrency market has changed on a week by week basis during the lockdown period. Read more »

Paysend calls for accelerated post-crisis FinTech innovation

UK-based FinTech firm Paysend has called for an industry-wide acceleration of innovation across FinTech and payments in response to the global coronavirus situation. Sweeping disruption to the daily financial habits of consumers has created a number of problems that Paysend sees as necessary to be solved by emerging FinTech innovators with the provision of simple, accessible and low-cost solutions. Read more »

PPRO publishes its 2020 Payment Almanac

Today, PPRO, the leading local payments platform-as-a-service, launches its 2020 Payment Almanac in partnership with Edgar, Dunn & Company. The product of thousands of hours of research, analysis, and insights from PPRO’s payments experts, the third edition of the almanac contains detailed information for more than 450 local payment methods and the latest e-commerce data from 60 countries around the world. Read more »

iPaytotal launches complete banking and payment solutions for high risk businesses

iPayTotal is very proud to introduce its Tier 3 Package to all clients, including but not limited to Company Registration, Registered/Virtual Office Address, Global IBAN/SWIFT Accounts, and Merchant account solutions to accept payments. iPayTotal was an idea started by three people three years ago, and their aims were clear: they were going to make it work. Read more »

Paymentology and Pie People partner to launch unique Shari’ah compliant Payment Solutions in the UK

Pie People have selected world leading payment processor innovator, Paymentology, to be their card processor. The leading edge Paymentology platform will form the backbone behind the companies new Shari’ah compliant banking payment platform. Pie People are building a full service Shari’ah compliant banking platform ground up to offer end to end Banking as a Service (BAAS). The Paymentology partnership is one of the first steps in this journey. Read more »

Most countries see growth in ATMs despite pressure from cashless payments

Payment cards and other cashless payment methods are reducing demand for cash, but many countries and sectors remain heavily cash dependent Fall in number of ATMs worldwide skewed by China data According to RBR’s brand new report Global ATM Market and Forecasts to 2025, the number of ATMs worldwide fell slightly in 2019, contracting by 15,000 units – half a percentage point. China is the main driver of this decline, itself seeing a fall of 30,... more Read more »

TrueCommerce enters into strategic partnership with retail payments specialist

Leading retail technology business TrueCommerce has entered into a new strategic partnership with international payment gateway provider Trust Payments, as it looks to broaden its offering to B2B e-commerce customers.   Read more »

PayNearby collaborates with IndusInd Bank for contactless payments at 2 lakh+ Kirana stores

In its bid to simplify ordering, payments and delivery of essentials during the lockdown, PayNearby, India’s fastest growing hyperlocal FinTech startup has now expanded its hyper local discovery and purchase application ‘BuyNearby’ for Pan India operations with IndusInd Bank as digital payment partner.  Read more »

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