New Marqeta Research Finds UK Consumers Are Leading Global Adopters of Digital Payments, With Over Two-Thirds Now Comfortable Ditching Wallet for the Phone
- 1 year 6 months ago
- Payments
UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions.
Payment Habits in Europe
- 1 year 6 months ago
- Payments
The payment landscape in Europe is diverse and complex, shaped by regional preferences and technological advancements. In the first half of 2023, 30 retail payment methods within the Euro area processed around 29.8 billion transactions with a combined value of €23.6 trillion.
FINOM Launches SEPA Direct Debit B2B Across Its EMI-Licensed Markets, Expanding Payment Options for European SMEs
- 1 year 6 months ago
- Payments
FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of SEPA Direct Debit B2B (SDD B2B) for its customers. This service is now available in all countries where FINOM provides local IBAN accounts through its own Electronic Money Institution (EMI) license. This new feature complements FINOM's existing SEPA Direct Debit Core offering, providing a more comprehensive suite of payment options for... more
OMS Integrates GoCardless Open Banking Payments
- 1 year 6 months ago
- Payments
Bank payment company GoCardless has announced a partnership with OMS, the seamless single-input enquiry to completion processing platform for brokers, to simplify and accelerate the payment process for its ever-growing user base.
Klarna Combines Sofortüberweisung With Klarna Payments to Bring Customers and Merchants the Best of Both Worlds
- 1 year 6 months ago
- Payments
Klarna, the AI-powered global payment network and shopping assistant, today announced the integration of Sofortüberweisung into the Klarna environment. With this, Klarna consolidates two well-known services: The Sofortüberweisung function will from now on be available as part of the Klarna Pay Now product range. The aim is to increase the security of the checkout process for both consumers and merchants and to optimize user-friendliness.... more
BBMSL Partners With PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
- 1 year 6 months ago
- Payments
BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital wallets. This partnership allows BBMSL's merchants to provide PayMe as a secure and convenient payment option for their customers.
Ace Money Transfer Achieves 40% Growth in Remittances With Trustly’s Pay by Bank
- 1 year 6 months ago
- Money Transfers
The partnership between leading international financial service provider ACE Money Transfer and Trustly, the global open banking payments leader, has provided customers with a smoother and more cost-effective personalized remittance experience through competitive exchange rates, low transfer costs, and enhanced security on remittances.
The Travel Industry’s Payment Dilemma: Offering Seamless Booking Solutions for Modern Travelers
- 1 year 6 months ago
- Payments
In an era where convenience is critical, the travel industry faces significant challenges in meeting consumer expectations around online payments. FinMont, a global payment orchestration platform, has recently shed light on these challenges through a comprehensive survey of European travellers’ online travel booking habits. The findings highlight substantial gaps and opportunities in the current payment processes of travel companies, pointing to... more
Airwallex Becomes First Payments Company to Obtain AFSL for Expansion into Retail Investment Products
- 1 year 6 months ago
- Payments
Airwallex, the Australia-founded leading financial platform for modern businesses, has become the first major payments company to be granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This is an additional licence from the AFSL that Airwallex has held for its existing payments and foreign exchange business since 2016.
Ecommpay Has Partnered with Mastercard to Deliver Click to Pay for Merchants Across the UK and Europe
- 1 year 6 months ago
- Payments
Ecommpay merchants are already benefiting from reduced fraud and higher approval rates for their Card on File payments by leveraging network tokens for both online and in-app payments. Merchants can now enjoy the same benefits for customers that use the guest checkout option, as their card details are tokenized at the checkout with Click to Pay without needing to enter card details or be redirected elsewhere to complete the purchase.
ZA Bank Unveils HK’s First Stock Rebate Programme ‘StockBack’
- 1 year 6 months ago
- Cryptocurrencies
ZA Bank today announced the launch of StockBack, an innovative stock rebate programme that allows users to get a free lucky draw of big-name US stocks after each successful stock purchase transaction. The move sets a precedent in the local banking industry where users can get “stockback” from every stock purchase for the first time in Hong Kong.
DIMOCO Payments Provides Carrier Billing to Deutsche Telekom’s Online Shop
- 1 year 6 months ago
- Payments
Leading payment provider and carrier billing specialist, DIMOCO Payments, strengthens its partnership with Telekom, a leading Mobile Network Operator in Germany, by providing carrier billing services to their online shop in collaboration with Brodos. With the DIMOCO Payments Agent Model, Telekom and Brodos can accept carrier billing payments for physical goods. This next step will allow customers to make friction-free purchases on a wide range... more
JCB and Worldline Release a Whitepaper on Seamless International Payments for European Merchants
- 1 year 6 months ago
- Payments
JCB, with the support of Worldline, a global leader in payment services, has launched a new whitepaper aimed at empowering European merchants to explore the opportunities and tackle challenges surrounding frictionless payments. Merchants will be able to benefit from improved customer loyalty and, ultimately, revenue by applying some of the practical steps listed, within this guide.
Wakanow Embraces Virtual Payments with Outpayce B2B Wallet
- 1 year 6 months ago
- E-Wallets
Wakanow.com, one of Africa’s largest travel sellers, offers a one-stop-shop booking portal. The company helps travelers research, plan and book attractive trips including air, accommodation, transfers and holiday packages.
Ajman Transport Authority Partners with BPC to Digitalize Ajman Public Transport Payments Through O-CITY
- 1 year 6 months ago
- Payments
The Ajman Transport Authority from the UAE has partnered with BPC, a global leader in payment solutions, to become the first authority in the UAE to implement modern payments technology on public transport buses, enhancing smart services within the transportation sector, through introduction of O-CITY, a solution for Smart Cities’ and mobility developed by BPC.
