Nuvei Secures Scheme Licenses to Process UK Payments Post-Brexit
- 4 years 2 weeks ago
- Payments
Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that its wholly owned FCA regulated subsidiary has secured the scheme licenses to continue acquiring and processing Mastercard and Visa payments for merchants based in the United Kingdom (UK) beyond the expiry of the FCA Tem
365 Business Finance forms new partnership with PayXpert
- 4 years 2 weeks ago
- Payments
London-based lender 365 Business Finance has formed a new strategic partnership with payment solutions provider PayXpert, one of the many valuable partners aligned with during the pandemic. Through such partnerships, 365 Business Finance has been able to double the number of enquiries received for merchant cash advances*, compared to pre-Covid volumes.
EMVCo Announces Communication Enhancement of EMV® Contactless Payment Devices
- 4 years 2 weeks ago
- Payments
EMV® contactless payment terminal requirements have been updated by global technical body EMVCo to help enable a more reliable and consistent payment experience through the addition of IQ demodulation requirements. The development reflects consumer use of an increasing range of card technologies, self-powered payment devices such as smartphones, and wearables to perform transactions.
ZebPay Appoints Avinash Shekhar, former COO, as Co-CEO of ZebPay
- 4 years 2 weeks ago
- Bitcoins, Cryptocurrencies, People Moves
ZebPay, India’s oldest and most widely-used Bitcoin and crypto asset exchange, today announced the appointment of Avinash Shekhar as its Co-Chief Executive Officer. The Co-CEO title will be shared with Rahul Pagidipati. While Avinash will be responsible for day-to-day operations and growth in India, Rahul will be responsible for international growth and investments.
Huawei Brings New Payment Solution to AppGallery Users in Europe through Stocard NFC Partnership
- 4 years 2 weeks ago
- Payments
AppGallery, one of the top three app marketplaces globally, has announced the launch of near-field communication (NFC) payments in Europe following a fruitful partnership with Stocard, the leading European mobile wallet. Following the success of its partnership with AppGallery, Stocard worked with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities to its app, enabling NFC payments across Huawei smartphones. Huawei mobile users in... more
SurePay Experiences Tremendous Growth Over the Past 12 Months
- 4 years 2 weeks ago
- Payments
SurePay, the leading Confirmation of Payee (CoP) provider, continues on its growth trajectory following the introduction of new solutions for banks, such as the Switch Check and SurePay PayID. There are now over 25 banks and more than 150 organizations using SurePay’s Confirmation of Payee solution. In 2020, its CoP solution for organisations grew by 1719%.
Tred Partners with Nium to Issue the Tred Qreen Debit Card to Further Mark its Efforts on Sustainable Finance
- 4 years 2 weeks ago
- Payments
UK-based green FinTech Tred has selected global B2B payments company - Nium - to be its card-issuance partner for its new sustainable product – the Tred green debit card. This will be the UK's first green debit card that lets users track, reduce and offset their carbon footprint as they spend, and plants trees with profits.
Carrousel Digital announces the next step in electronic payment systems
- 4 years 2 weeks ago
- Payments, e-Payments
Carrousel Digital, the London-based financial boutique, and its partner, Paris-based Marbeuf Conseil et Recherche, the digital security designer, announce the launch of Moneytak, a system that enables the transmission of funds and/or documents between two electronic objects without requiring connection to a server at the time of the transaction.
Quote on NPCI Data on Fall in Digital Payment Transactions
- 4 years 2 weeks ago
- e-Payments, Money Transfers
Digital payment transactions fall sharply between April and May after sustaining a rising trend till March, hit by the second wave of COVID-19 pandemic, according to the National Payments Corporation of India (NPCI) data.
Wirex Partners with Terra Virtua for Exclusive NFT Giveaway
- 4 years 2 weeks ago
- Payments
Wirex, the leading payments platform, is partnering with Terra Virtua – the world’s first fully immersive digital collectibles platform – to bring the benefits of NFTs (non-fungible tokens) to a mainstream audience.
MAX Partners with Phos to Bring Contactless Smartphone Payments to Israel
- 4 years 2 weeks ago
- Payments
Phos, the fintech behind the leading software-only Point of Sale (SoftPoS) has teamed up with leading Israeli acquirer MAX to enable merchants to accept contactless payments using their smartphone. Using phos’ innovative technology, MAX customers can now turn any NFC-enabled Android device into a payments terminal, without the need for costly additional hardware.
Just 7% of UK Shop Payments Predicted to be in Cash by 2024
- 4 years 2 weeks ago
- Payments
Vince Graziani, CEO, IDEX Biometrics ASA comments: “The prediction that just 7% of in-store purchases in the UK could be made in cash by 2024 comes as no surprise as we rapidly
ACI Worldwide Powers Payments Innovation for Pick n Pay
- 4 years 2 weeks ago
- Payments
ACI Worldwide , a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with Pick n Pay to drive payments modernization for the South African retailing leader.
UK Expects to be Nearly Cashless by 2024 as Use of Digital Payments Accelerates, New Worldpay From FIS Report Finds
The use of cash in the UK has significantly reduced, with the COVID-19 pandemic fueling a shift in consumer payment preferences, according to a new report recently released by financial technology leader FIS® (NYSE: FIS).
New Survey Indicates UK Businesses are on The Road To Recovery With Plans to Step Up B2B Spending to Drive Growth
- 4 years 2 weeks ago
- Payments, Consultancy
Today, American Express unveiled the Global Business Spend Indicator (GBSI), its new survey of global businesses conducted with the Centre for Business and Economic Research (CEBR)[1].