BNPL Company Openpay is Leaving US Market
- 1 year 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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.
Worldline Completes a Strategic Partnership with Eurobank, Fostering its Footprint in the Highly Dynamic Greek Market
- 1 year 9 months ago
- Payments
Worldline, a global leader in payment services, announces the completion of its acquisition of Eurobank’s Merchant Acquiring business in Greece. Effective as of 30 June, Worldline has formed a joint venture with the bank in which it will hold an 80% stake in the new company in Greece.
04/07 – Weekly Fintech Recap
- 1 year 9 months ago
- Artificial Intelligence, Blockchain, Insurtech, Open Banking, Payments, Banking, Cloud, Security, M&A Deals, Jobs Listings
Partnerships Derivative Path Teams Up with Goldman Sachs to Deliver FX and Global Payments to US Regional and Community Banks
Spenda Announces Company Rebrand
- 1 year 9 months ago
- Payments
Today, Spenda, a B2B payment and lending solutions provider, has announced a full company rebrand that represents and aligns the continued evolution and growth of the business. The new logo takes on three different variations, including:
