WorldRemit launches money transfers to Bosnia and Croatia
- 9 years 7 months ago
- Payments
WorldRemit, ‘the WhatsApp of money’, today launches remittances to Bosnia and Croatia. Customers in 52 countries can now send money transfers from the WorldRemit app to all Bosnian and Croatian bank accounts. Most Bosnians and Croatians living abroad usually have to make inconvenient trips to expensive money transfer agents. With the WorldRemit app, they can now send quick and low-cost money transfers to their friends and family back home, 24/...
MasterCard Start Path to Build the Future of Commerce with Startups
- 9 years 7 months ago
- Payments, IT Innovations
In today’s crowded and competitive business environment, startups are seeking global opportunities that will rapidly scale their business. To address this need, MasterCard today announced the launch of Start Path Global – a unique six-month partnership programme for startups that extends Start Path’s existing footprint in a greater number of countries globally across Asia Pacific, the Middle East, Africa and Latin America, as well as in Canada .
BACS systems failure shows urgent need to modernise UK’s creaking payments infrastructure, says ACI Worldwide
- 9 years 7 months ago
- Payments
Barry Kislingbury, Lead Solutions Consultant Consumer Banking Europe, ACI Worldwide comments on today’s news of a BACS payments system failure affecting thousands of HSBC customers: “Today’s payment systems failure which has left thousands of customers across the UK without salaries ahead of a bank holiday weekend underlines yet again the urgent need to modernise the UK’s creaking banking and payments infrastructure.
World Class Payments Project is ‘fantastic news’ for UK consumers and banks alike, says ACI Worldwide
- 9 years 7 months ago
- Payments
Barry Kislingbury, Lead Solutions Consultant Consumer Banking Europe, ACI Worldwide comments on the initial report of the World Class Payments Project, published by Payments UK today: “The World Class Payments Project which was launched to set out a ten- year vision on how to achieve a first-class payments environment is fantastic news for UK banks and consumers.
Third of Brits expect day-to-day mobile payments within five years
- 9 years 7 months ago
- Payments
With contactless cards and mobile payments growing in popularity, a quarter of Brits think that in just five years' time they will no longer need cash, according to a survey for Lloyds Bank.
PayAnywhere to launch Apple Pay-ready mPOS device
- 9 years 7 months ago
- Payments
North American Bancard (NAB), an industry leader in credit card processing, announced it will introduce the newest version of its PayAnywhere Mobile credit card reader, available exclusively in Apple Stores nationwide and www.apple.com in September.
allpay breaks through £1.5bn Direct Debit barrier
- 9 years 7 months ago
- Payments
Payment services specialist allpay is now collecting £1.59 billion per annum in Direct Debit payments, from 12.1 million transactions. With the total BACS Direct Debit transaction volume reaching 3.6 billion each year in the UK, allpay today represents a growing market share of the UK’s total Direct Debit market.
Hong Kong Airlines Joins Forces with AsiaPay and FEXCO Merchant Services to Launch MCP Payment Solution
- 9 years 7 months ago
- Payments
AsiaPay, the premier ePayment service and technology player in Asia and Hong Kong Airlines, the internationally-acclaimed Skytrax 4-star airline, have today announced a collaboration with FEXCO, the leading independent global provider of Dynamic Currency Conversion (DCC) and Multi-Currency Pricing (MCP) technologies which will see FEXCO's world class MCP solution offered to passengers of Hong Kong Airlines.
Worldpay enters Chinese software export market with Wondershare
- 9 years 7 months ago
- Payments, Infrastructure
Wondershare, the Chinese software industry’s largest exporter by volume, has chosen global payments leader, Worldpay, for its complete payments infrastructure. The move will help Wondershare to improve payment acceptance in its priority markets, underpinning its ambitious global expansion plans.
Almost four in ten say they won’t need cash in ten years time as contactless proves popular for many
- 9 years 7 months ago
- Payments
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, over one in five (22%) think they will be regularly using their fingerprint to pay for goods and services. The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future... more
Checkout.com To Expand Online Banking With Sofort Payment Option
- 9 years 7 months ago
- Payments
Checkout.com is diversifying its online banking payment method mix by offering Sofort, an important European payment method, to its e-commerce merchants. SOFORT, a popular European payment method, is now available within Checkout.com’s Checkout platform. With one integration, Checkout.com merchants looking to sell in Europe can easily reach up to 18 million additional customers in 13 countries: Germany, Austria, France, Italy, Poland, Spain,... more
Luxembourg’s banks select Worldline’s ACS platform for 3D-Secure
Worldline, European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority.
US behind UK in digital payments
- 9 years 7 months ago
- Payments
A new study from international payments engine Currency Cloud, reveals the majority of US businesses continue to battle major innovation hurdles when moving money across borders. Through a survey of US and UK finance professionals, Currency Cloud found the US has a lot to learn from its UK counterparts when it comes to international payments, with nearly half (47 percent) of US businesses still relying on old-fashioned paper checks. In contrast... more
FIME to launch testing tool for online payment terminals
- 9 years 8 months ago
- Payments
In a move which will assist EMV® payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has today launched its EVAL 4dev cloud-based service. A breakthrough in the testing world, this online service enables users to validate EMV Level 2 payment terminal kernels throughout the development phase 24/7 and from any location.
WildWorks extends Animal Jam to more global players with Worldpay
- 9 years 8 months ago
- Payments
WildWorks, the developer behind Animal Jam, has selected Worldpay as its primary payment partner to strengthen its position in the US and help support its growth globally. Animal Jam developed and owned by WildWorks and associated with the licensed marks of National Geographic, is currently the largest online social network for children in the world. WildWorks has turned to Worldpay to help build on this international success.
