UK Retail eCommerce Sales Rise 168 Percent in May, ACI Worldwide Research Reveals
- 5 years 2 months ago
- E-Commerce, Payments
eCommerce transactions in the UK retail sector have seen a 168 percent increase in May compared to the same period last year, driven by rising online sales of electronic items, DIY supplies, home furnishings and sportswear, according to an analysis of hundreds of millions of transactions of leading UK retailers by payments software company ACI Worldwide.
PayX deep dives into Open Development Payment Platforms with an independent study into TranzAxis
- 5 years 2 months ago
- Payments
Compass Plus, a global payments software and services vendor, and PayX, the internationally renowned payment specialists, have announced the availability of a new report that takes a deep dive into TranzAxis, the Open Development Payments Platform from Compass Plus.
Banking Circle adds USD Amazon collections for its marketplace customers
- 5 years 2 months ago
- E-Commerce, Payments, Infrastructure
Banking Circle, the innovative financial infrastructure provider, has enhanced the tools available to Payments businesses for their marketplace customers. Payments businesses can now offer their marketplace sellers virtual IBANs to collect the proceeds of their online Amazon store in the United States.
IXOPAY and Finrax Take the CRYPTIC out of CRYPTO
- 5 years 2 months ago
- Payments, E-Wallets, Cryptocurrencies
The payment management platform IXOPAY is now connected to Finrax, an exchange and wallet provider for cryptocurrencies. eMerchants connected to the IXOPAY software platform will have the opportunity to use Finrax to accept payments from customers, issue withdrawals and pay vendor invoices with cryptocurrencies.
Skrill Launches Free International Money Transfer Service In U.S.
- 5 years 2 months ago
- Payments
Paysafe, a leading specialized payments platform, today announced the U.S. launch of its Skrill Money Transfer service. Existing and new Skrill customers in the United States can now use the solution to transfer money for free to friends and family in Mexico, India and 16 other Asian and European countries, with others available shortly.
PXP Financial partners with ROAR Digital
- 5 years 2 months ago
- Payments, Fraud Detection, Data
PXP Financial, the expert in global acquiring, payment, fraud and data analysis services, has today announced its provision of Gateway services, along with a comprehensive portfolio of payment solutions to gaming giant, ROAR Digital, the joint venture between MGM Resorts International and GVC Holdings Plc.
CoinCorner launches UK first “Bitcoin Cashback” service
- 5 years 2 months ago
- Bitcoins
CoinCorner, one of the UK’s leading Bitcoin exchanges, has recently launched a new service that will reward customers with Bitcoin when they shop online. The Bitcoin cashback service is the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400 top UK retailers, including household names such as Burton, Twinings, Confused.com, Tails.com, Ninja, Royal Doulton, New Era, Morphy Richards and more, to enable customers... more
iController takes first step towards AI-driven cashflow forecasting with innovative On Demand Financing
- 5 years 2 months ago
- Artificial Intelligence, Payments
iController is the first to integrate ‘On Demand Financing’ into its software. It is a development of KBC to pre-finance invoices in a flexible way. Innovative On Demand Financing enables a company to sell an outstanding invoice to an intermediary known as a ‘factor’, meaning the company has immediate access to working capital and does not have to wait until the customer pays the invoice. This is a first in Belgium; no similar system is... more
Wirecard drives the digitalisation of professional sports: Partners with FC Bayern Munich Basketball
- 5 years 2 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and FC Bayern Munich Basketball are announcing their long-standing partnership, which is initially set to run until summer 2022. Wirecard will serve as a platinum partner of FC Bayern Munich Basketball during this time.
Small businesses face ‘trade credit crunch’ as backlog of unpaid invoices builds up
40% of businesses are currently facing over £10,000 in unpaid invoices (1) Solvency a concern for small businesses as 1 in 4 worry they won’t survive into 2021 UK faces a trade credit crunch as customers seek longer payment terms and suppliers look to cut them, while the sector deals with backlog of unpaid invoices
Amadeus and Troovo partner to automate B2B travel payments
The integration of Troovo’s advanced Robotic Process Automation (RPA) engine with Amadeus’ B2B Wallet means the entire virtual payment flow can now be automated very quickly, helping the travel industry digitally transform B2B supplier payments.
Enfuce approved as an authorized payment institution
- 5 years 2 months ago
- Payments
Finland's biggest fintech start-up Enfuce has been accredited as an authorised payment institution by the Finnish Financial Supervisory Authority (FIN-FSA)*. Customers pursuing new opportunities introduced through the second Payment Services Directive (PSD2), can now perform account information and payment initiation services together with Enfuce.
Dune London goes live with Klarna’s popular Pay later products
- 5 years 2 months ago
- E-Commerce, Payments
The Dune Group, one of the most influential global players in fashion footwear and accessories today announced an international partnership with leading global payments provider Klarna. Dune customers shopping online will be able to use Klarna’s popular Pay later products (Pay in 30 days and Instalments) in five European markets (Austria, Germany, The Netherlands, Switzerland and the United Kingdom).
Cards Used For Half Of Payments For First Time Last Year
- 5 years 2 months ago
- Payments
Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51 per cent) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance.
SumUp Supports Local Businesses with Gift Cards on Instagram and Facebook
- 5 years 2 months ago
- Payments
UK-based payments service provider SumUp (www.sumup.co.uk) today announces a new experience to enable customers to support small businesses via social media during COVID-19 and beyond, by discovering Gift Cards directly from eligible SumUp businesses on Facebook and Instagram.
