2Checkout’s 2017 Winter Release Provides Enhanced Acquisition, Retention and Global Expansion Tools
- 7 years 3 months ago
- Payments
2Checkout (formerly Avangate), a leader in eCommerce, payments and subscription billing solutions, today announced its 2017 Avangate Digital Commerce Platform Winter Release, featuring improved acquisition, conversion and retention tools, part of over 750 platform updates. Highlights of the release include:
Global Card Payments Set to Rise by More than Half to 500bn by 2022
- 7 years 3 months ago
- Payments
Growth in card usage outpaces growth in card numbers as a result of contactless technology and wider acceptance Increasing contactless usage and rising card acceptance fuel cards boom The total number of card payments worldwide increased by 14% to 310 billion in 2016, notably higher than the 8% increase in card numbers, according to RBR’s Global Payment Cards Data and Forecasts to 2022. In all regions, consumers are increasingly choosing cards... more
SpherePay, a Mobile Payment App Launched in November This Year, Now Have over 60,000 Users in Singapore and Aims to Be the Leading Player in the Region
- 7 years 3 months ago
- Payments
Launched early last month, mobile payment app company SpherePay, has acquired over 60,000 users in Singapore and has actively engaged users by running campaigns and strategic partnerships with reputable brands and organizations. With its mission to be South East Asia leading localized mobile payment app, SpherePay is on track of acquiring over 1 million users by end of 2018.
Credit Agricole and Wirecard Forge e-payment and Acquiring Partnership
- 7 years 3 months ago
- Payments
Crédit Agricole Payment Services and Wirecard announced today that they have signed a letter of intent to enter into exclusive negotiations to conclude a partnership to offer an innovative and differentiated service offering based on a high-performance technology in the field of electronic payment acceptance and acquiring.
Nanopay Reveals B2B Payments Platform
- 7 years 3 months ago
- Payments
Nanopay Corporation, a real-time payment platform that provides instant settlement across a variety of currencies, is announcing a new solution to enable international trading partners to easily and securely process B2B payments between bank accounts. In addition to domestic payment opportunities in Canada, users can begin using the platform in February for business cross-border payments between the United States and Canada, with India and... more
China's UnionPay Supports the Upgrading of the Payments Industry Abroad
- 7 years 3 months ago
- Payments
Nowadays, China's financial technical standards have become an important impetus for the upgrading of the payments industry abroad. The payment switch networks in Serbia, Belarus and Tajikistan are being built or upgraded as per the UnionPay standards. More than ten countries including Albania, Bulgaria and Tanzania have expressed their wish to have UnionPay help them build up payment switch network.
Mastercard Launches Kionect for Nairobi’s Smallest Shopkeepers
- 7 years 3 months ago
- Payments
Mastercard today unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for kiosk owners to get access to micro-loans to stock inventory and grow their business.
Alipay Launches “Double 12” Global Shopping Festival in Hong Kong
- 7 years 3 months ago
- Payments
Alipay, the world’s largest online, mobile payment and lifestyle platform operated by Ant Financial Services Group, today launched this year’s “Double 12” Global Shopping Festival in 15 countries spanning across four continents. In addition, Ant Financial’s strategic partners in Hong Kong, India, Thailand and the Philippines will introduce campaigns for their local e-wallet users for the first time. These partners include Paytm in India,... more
59% of Card-Present Transactions Globally Use EMV Chip Technology
- 7 years 3 months ago
- Credit Cards, Data
Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017. This represents an increase over the prior year, when 42.4% of transactions were EMV-enabled. The data reflects average transaction volumes over a 12-month period to account for seasonal variations. Given the ongoing rate of EMV chip technology adoption, EMVCo... more
AFEX Partners with Ascent Software to Simplify Payments for Financial Services Firms AFEX’s API adds FX layer to Trident Connect straight-through payment processing software
- 7 years 3 months ago
- Payments, Risk Management
AFEX, one of the world's largest non-bank providers of global payment and risk management solutions, has partnered with Ascent Software, to enhance its award-winning straight-through processing pre-payment and post-payment software, Trident Connect.
42% of Retailers Say Payment-over-time Solutions are ‘Very Important’ to ensuring future digital innovation
- 7 years 3 months ago
- Payments
An overwhelming 95% of retailers believe that payment-over-time solutions are either important or very important to delivering future digital innovation in the retail industry, with 42% saying the latter, according to the latest research from Econocom UK, a leading provider of digital transformation solutions. Furthermore, 99% of all retailers said that a payment-over-time model would make it easier for them to achieve their digital... more
Digital Debit Accelerates Bitcoin Adoption with Release of First Real-Time P2P Payments App
- 7 years 3 months ago
- Bitcoins
Digital Debit Group (DDG), a division of Qondado LLC, announces the release of the Digital Debit® mobile Bitcoin payments app. The company's utilization of the Coinbase API system with the Digital Debit® QR platform delivers the first global off-blockchain P2P mobile payments ecosystem for the growing Bitcoin user base and provides the added benefit of tokenized QR transaction codes for real-time, account-to-account transactions.
Fidor Bank: Predictions For 2018
1. Payment Services Directive (PSD2) Finally Goes Live “It has has been a long road to PSD2, given that it was approved in November 2015 by the Council of the European Union. However, it will finally be coming into force in January 2018 and that means that banks must open up their customer data to third parties on request - whether these third parties are their direct competitors, challenger banks or nascent fintech startups.”
N26 Introduces Metal Card for 'Global Generation'
- 7 years 3 months ago
- Payments
The world is now closer and more connected than ever. Yet we still have a desire for the physical—items that you can hold and call your own. Out of these two opposites comes N26 Metal—a card designed to feel, look, and act differently. N26 Metal is the result of hours of refining, distilling and applied design. It embodies the best of unique, physical design and the ambition for new experiences and horizons.
PNC Selects Finastra for Live on Real-time Payments Network
- 7 years 3 months ago
- Payments
PNC, a top-10 US bank by assets, is live on RTP, The Clearing House’s new US real-time payments system, using Finastra’s payment services hub, Fusion Payments.
