Virgin Money is Partnering with Flexys for BBLS Success
- 1 year 10 months ago
- Payments
Virgin Money welcomes fintech partner Flexys' technology for delivering the UK government's Bounce Back Loan Scheme (BBLS) PAYG repayment choices. British businesses who suffered during the Covid-19 epidemic were granted relief through the government's BBLS. Virgin Money lent around £1 billion to 34,000 businesses.
Plum Launches Recyclable, Degradable Debit Card
- 1 year 10 months ago
- Payments
London fintech Plum, Europe’s ultimate personal finance app, has launched a debit card to help its customers take control of their finances. The card is Plum's first move into spending, consolidating its position as a comprehensive money app.
Valtatech Becomes the First and Only Coupa-approved Peppol Connector Available on its App Marketplace and Business Spend Management Platform
- 1 year 10 months ago
- Payments
Financial process automation experts and certified Peppol Access Point providers for Australia and New Zealand, Valta Technology Group (Valtatech), today announced its Peppol Connector for Coupa Invoice will be available to users in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions to enable them to send and receive e-invoices and e-orders via the Peppol network. C
BNPL Company Openpay is Leaving US Market
- 1 year 10 months ago
- Payments
Buy-Now-Pay-Later agency in Australia Openpay has terminated US operations and dismissed most of its staff, Reuters reports. The lender is the latest BNPL participant to experience the effects of rising interest rates and a wider economic slowdown, leading it to stop issuing loans in what it had recently called its major growth area.
Revolut Business Launches Revolut Reader, its First Hardware Device, Moving into In-person Payment Solutions
- 1 year 10 months ago
- Payments
Revolut, the super-app with over 18 million retail customers globally and more than 500,000 corporate clients, is launching Revolut Reader in the UK and Ireland. A fast and powerful lightweight card reader, the new product is designed to allow merchants of all kinds to accept payments anywhere, whether their business is in-person or on the go. The launch marks Revolut’s move into in-person payments, as the super app continues to diversify its... more
EasyPark Broadens Customer Offer in New Partnership with UnionPay International
- 1 year 10 months ago
- Payments
EasyPark introduces a global partnership with UnionPay International card network, the world’s largest cardholder base. UnionPay cardholders can now manage their parking and electric car charging by binding their UnionPay card directly in the EasyPark app.
Amazon Egypt Presents BNPL Option
- 1 year 10 months ago
- Payments
Amazon Egypt now offers purchase now, pay later (BNPL) options through valU, based on the announcement of July, 3rd. EFG Hermes Holding's FinTech valU serves MENA, so Amazon customers who use valU can select BNPL programs to spread payments over 6 to 60 months.
A Commercial and Compleat Payment Solution
- 1 year 10 months ago
- Payments
Organisations looking to complete their digitisation journey can now increase the control and visibility of their purchase-to-pay functions thanks to a new partnership. Commercial and Compleat Software are utilising their combined industry expertise to provide a solution that will transform your AP and purchase-to-pay processes.
Brite Payments Shakes Up Subscriptions
- 1 year 10 months ago
- Payments
Brite Payments is poised to significantly switch up monthly paid subscriptions with the launch of its new ‘recurring payments’ service. The Stockholm-based company is set to significantly improve consumer convenience for subscription-based online businesses with its innovative, customer-first payment technology, as well as providing significant advantages to businesses.
Financial Platform Tide Partners with Transcorp to Roll-out RuPay Powered Expense Card
- 1 year 10 months ago
- Payments
Tide, the UK’s leading SME-focused business financial platform that began setting up operations in India in 2020, today announced that it has partnered with Transcorp International Limited, a 27-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid Payment Instrument (PPI) license holder, to launch co-branded prepaid cards (Tide Expense Card) as an entry product.
Experian Aims to Drive Increased Use of Digital Payslips with Acquisition of PayDashboard
- 1 year 10 months ago
- Payments
Global information services company, Experian, has announced it is expanding its employer services suite in a move that aims to encourage more organisations to share employee payslips digitally.
Nexi and Alpha Bank Join Forces for Digital Payments in Greece
- 1 year 10 months ago
- Payments
Nexi and Alpha Bank today confirmed that they have joined forces to transform merchant solutions in Greece and pave the way for a new era of digital payments in the country. The two Groups announced the creation of a new company, Nexi Payments Greece, which will provide innovative merchant solutions and payment acceptance products and services to the Greek market.
Paytrail and Mastercard Empower Millions of Open Banking Payments in the eCommerce Landscape
- 1 year 10 months ago
- Payments
Today, the largest online payment company in Finland, Paytrail, and Mastercard announced that their collaboration has reached new heights as they’re now enabling more than one million open banking payments every month, led by European open banking leader Aiia, a Mastercard company. Since 2019, Paytrail and Aiia have been collaborating to accelerate open banking-powered payments in the eCommerce checkout flow.
IQ ZoodPay Integration on Switch Payment Gateway
- 1 year 10 months ago
- Payments
ZoodPay entered into another strategic partnership agreement with Iraq Electronic Gate for Financial Services Company SWITCH®, a leading payment gateway licensed by Mastercard International and Visa International, which facilitates e-payment services across the country.
99% Merchants See Increase in Payment Declines Following SCA Rules - Nuapay
- 1 year 10 months ago
- Payments
Nuapay has revealed that U.K. businesses have seen payment decline rates increase by an average of 37% following the enforcement of Strong Customer Authentication (SCA) rules on Mar. 14. As the cost to business continues to compound, EML commissioned data highlights the importance of merchants acting now to review the technology used at checkout. Open banking payments offer a secure, efficient and cost-effective alternative to traditional cards.
