TerraPay Enables Financial Institutions to Send International Account-to-Wallet Payments Using Swift
- 2 months 6 days ago
- Payments
TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers.
Travel Payments Take Flight as Brits Search for Summer Sun
- 2 months 6 days ago
- Payments
As the UK experiences its coldest summer in 24 years, with forecasters predicting a European Monsoon on the horizon, travellers are on the move in record numbers and projected to spend a record €800 billion in Europe this year.
ACI Worldwide Extends Strategic Partnership With Worldpay
- 2 months 6 days ago
- Payments
ACI Worldwide, a globa
XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America
- 2 months 6 days ago
- Payments
XTransfer, China's top B2B cross-border trade payment platform, and EBANX, the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.
Toqio and Visa Partner to Offer Payment Solutions to Non-Financial Firms
- 2 months 6 days ago
- Payments
Toqio, a leading SaaS financial orchestration platform for businesses, has partnered with Visa, a leading global digital payments company, to provide payment solutions to businesses that by their nature do not offer financial services. The objective is for these corporations to improve their value proposition to their distribution networks by providing them with access to greater liquidity.
New Marqeta Research Finds UK Consumers Are Leading Global Adopters of Digital Payments, With Over Two-Thirds Now Comfortable Ditching Wallet for the Phone
- 2 months 6 days ago
- Payments
UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions.
Payment Habits in Europe
- 2 months 6 days ago
- Payments
The payment landscape in Europe is diverse and complex, shaped by regional preferences and technological advancements. In the first half of 2023, 30 retail payment methods within the Euro area processed around 29.8 billion transactions with a combined value of €23.6 trillion.
FINOM Launches SEPA Direct Debit B2B Across Its EMI-Licensed Markets, Expanding Payment Options for European SMEs
- 2 months 6 days ago
- Payments
FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of SEPA Direct Debit B2B (SDD B2B) for its customers. This service is now available in all countries where FINOM provides local IBAN accounts through its own Electronic Money Institution (EMI) license. This new feature complements FINOM's existing SEPA Direct Debit Core offering, providing a more comprehensive suite of payment options for... more
OMS Integrates GoCardless Open Banking Payments
- 2 months 6 days ago
- Payments
Bank payment company GoCardless has announced a partnership with OMS, the seamless single-input enquiry to completion processing platform for brokers, to simplify and accelerate the payment process for its ever-growing user base.
Klarna Combines Sofortüberweisung With Klarna Payments to Bring Customers and Merchants the Best of Both Worlds
- 2 months 1 week ago
- Payments
Klarna, the AI-powered global payment network and shopping assistant, today announced the integration of Sofortüberweisung into the Klarna environment. With this, Klarna consolidates two well-known services: The Sofortüberweisung function will from now on be available as part of the Klarna Pay Now product range. The aim is to increase the security of the checkout process for both consumers and merchants and to optimize user-friendliness.... more
BBMSL Partners With PayMe by HSBC to Enhance Payment Options for Hong Kong Customers
- 2 months 1 week ago
- Payments
BBMSL, a leading payment solutions provider in Hong Kong, announced a strategic collaboration with PayMe by HSBC today, becoming a payment acquirer for one of the territory's most popular digital wallets. This partnership allows BBMSL's merchants to provide PayMe as a secure and convenient payment option for their customers.
Ace Money Transfer Achieves 40% Growth in Remittances With Trustly’s Pay by Bank
- 2 months 1 week ago
- Money Transfers
The partnership between leading international financial service provider ACE Money Transfer and Trustly, the global open banking payments leader, has provided customers with a smoother and more cost-effective personalized remittance experience through competitive exchange rates, low transfer costs, and enhanced security on remittances.
The Travel Industry’s Payment Dilemma: Offering Seamless Booking Solutions for Modern Travelers
- 2 months 1 week ago
- Payments
In an era where convenience is critical, the travel industry faces significant challenges in meeting consumer expectations around online payments. FinMont, a global payment orchestration platform, has recently shed light on these challenges through a comprehensive survey of European travellers’ online travel booking habits. The findings highlight substantial gaps and opportunities in the current payment processes of travel companies, pointing to... more
Airwallex Becomes First Payments Company to Obtain AFSL for Expansion into Retail Investment Products
- 2 months 1 week ago
- Payments
Airwallex, the Australia-founded leading financial platform for modern businesses, has become the first major payments company to be granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This is an additional licence from the AFSL that Airwallex has held for its existing payments and foreign exchange business since 2016.
Ecommpay Has Partnered with Mastercard to Deliver Click to Pay for Merchants Across the UK and Europe
- 2 months 1 week ago
- Payments
Ecommpay merchants are already benefiting from reduced fraud and higher approval rates for their Card on File payments by leveraging network tokens for both online and in-app payments. Merchants can now enjoy the same benefits for customers that use the guest checkout option, as their card details are tokenized at the checkout with Click to Pay without needing to enter card details or be redirected elsewhere to complete the purchase.
