Ford Looks to SumUp and Mastercard to Provide SMEs with Vehicle Payment Solutions
- 5 years 10 months ago
- Payments
Today, SumUp and Mastercard are announcing their new payment services tailored for Ford commercial vehicles in Germany, France, Italy, Spain and the United Kingdom. With this new solution, small business owners that typically use commercial vehicles – including food trucks, beverage suppliers, mobile florists and other tradespeople – can accept card payments directly from their vehicles.
The Price of Poor Payroll: New Research Reveals the Impact Poor Payroll Management is Having on UK SME Growth, Operations and Employee Engagement
- 5 years 10 months ago
- Payments
Research from IRIS Software Group (IRIS), one of the UK’s largest software companies, has found the UK’s small businesses are struggling to manage payroll for their staff during the pandemic, and it is impacting business performance. The YouGov Study revealed how nearly a third (29%) of businesses owners think managing payroll requires too much of their time. Despite a quarter (25%) agreeing that the amount of time spent managing payroll... more
Paysend Resolves 97% of Support Queries Within 24 Hours During COVID-19
- 5 years 10 months ago
- Covid-19, Payments, Money Transfers
As the world continues its race towards total digitalisation, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine tuning them to customer preferences. UK-based global FinTech firm Paysend has reported that 97% of issues raised with its Customer Service team are resolved within 24 hours, despite additional pressure from the global pandemic, including remote working environments.
FSS to Expand Market Footprint in Saudi Arabia
- 5 years 10 months ago
- Payments
FSS (Financial Software and Systems), a global payments technology company, today announced its commitment to support the country’s banks to strengthen digital payment capabilities in the Kingdom of Saudi Arabia (KSA).
TransferGo Secures £4M from Silicon Valley Bank to Power Instant Payments
- 5 years 10 months ago
- Investment, Payments
TransferGo, one of the world’s fastest growing money transfer companies, today announces it has received £4m in financing from Silicon Valley Bank UK Branch (SVB), the bank of the world’s most innovative companies. This will enable the business to further develop and expand its real-time payments platform for consumers, SMEs and enterprise clients.
Ukheshe to Acquire Oltio, Strengthens Partnership with Mastercard
Ukheshe, Africa’s leading digital fintech platform provider, today announced it has entered into an agreement to acquire Oltio. Oltio developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service in South Africa and enables people to safely pay for a wide variety of purchases with their bank card by scanning a QR code with their mobile phone.
FICO UK Credit Market Report September 2020 Shows Card Spend Rise Stalling
Global analytics software provider FICO today released its analysis of UK card trends for September 2020, which shows the continuing impact of COVID-19 on household finances even while furlough and payment holidays remained in place during the month.
MiFinity Offers Post-Brexit Payment Solutions For UK & EEA
- 5 years 11 months ago
- Payments
The FCA announced on the 18th November 2020, that passporting of certain payment services for UK licenced institutions to European Economic Area (EEA) states will expire at the end the transition period on 31 December 2020.
Quppy Users Are Offered a Referral Program
- 5 years 11 months ago
- Transaction Banking, Payments
The Quppy digital financial solution is launching its first referral program. The Quppy current and new users are now provided with their unique referral links to share among their communities. The Quppy referral program works on a volume basis. Both the referrer and the referee are awarded with 15 euros right after the referee transaction volume reaches 600 euro. Every Quppy user has an unlimited number of referral initiatives.
Barclaycard Payments Reveals Growth in E-commerce Ahead of Black Friday
- 5 years 11 months ago
- Payments
Barclaycard Payments, which processes £1 in every £3 spent in the UK, has so far this month seen a 29 per cent jump in the value of the online transactions compared to November 2019. However, overall transactions remain 7 per cent below where they were in November last year, likely due to the drop in in-store sales, with many retail outlets currently unable to open.
Italian Fintech Satispay Raises €93M in Series C
- 5 years 11 months ago
- Investment, Payments
Satispay, the leading Italian fintech startup revolutionizing mobile payments, is pleased to announce a €93 million Series C round.
The 3rd GCC E-Payments and Online Banking Summit
EastMed Ltd, announced the 3rd Annual E-Payments and Online Banking summit will be held under the patronage of Central Bank of Bahrain on 2-3 December 2020, virtually. E-Pay Summit which has been held annually since 2018 is the chosen meeting point for senior influencers from the e-commerce, retail, banking, fintech & telecommunications ecosystem to share their latest strategies, challenges and new applications which are set to impact the... more
Stocard Pay expands to four more European countries
- 5 years 11 months ago
- Payments
Stocard, the leading European mobile wallet, today launches its payment feature Stocard Pay in four European countries: Italy, France, Germany and the Netherlands having launched in the UK in June this year. This latest announcement from Fintech company Stocard is the first of a series of features as it sets its sights on becoming the leading on-the-go financial services provider.
Citi Selects Mastercard as Network Partner for the Citi Plex Account by Google Pay
- 5 years 11 months ago
- Payments
Today, Citi announced it has selected Mastercard as its network partner for the Citi Plex Account on Google Pay, a new digital checking and savings account built with financial wellness and mobile functionality at the core of the design to make managing money simpler, smarter and more rewarding.
Compass Plus and Consult Hyperion Team Up to Delve Into Future Ready Payments Platforms
- 5 years 11 months ago
- Payments
Compass Plus and independent global payments consultancy Consult Hyperion have joined forces to make industry professionals question whether payments platforms that are entering their fourth decade can truly meet their future business needs in a new white paper and webinar.
