Life in Lockdown: Record numbers go online for essentials and experiences
Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57 per cent) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown.
EBANX launches solution for international websites to accept Caixa debit card in Brazil
- 6 years 4 months ago
- Payments
EBANX, a Brazilian fintech known for providing payment solutions from Brazil and other countries in Latin America to global businesses, started offering to its international merchants the virtual debit card recently launched by the Brazilian Caixa Econômica Federal. Thus, international merchants of EBANX can offer this payment method to their Brazilian consumers.
UBRD provides an instant transfer service for its customers
- 6 years 4 months ago
- Payments
One of the largest banks in Russia, Ural Bank for Reconstruction and Development (UBRD), has become the latest financial institution to offer customers real-time P2P payments after joining the Russian Faster Payments System (FPS). UBRD customers can now instantly transfer money using just a mobile phone number to customers of other member banks.
SME Marketplace unlocks financial access for 75,000 Indian farmers, aims to repair Coronavirus-hit supply chain
- 6 years 4 months ago
- Covid-19, Platform Technology, Payments
BPC, the leading provider of digital payment solutions, shares pilot phase results from its new digital platform Safal Fasal, an SME Marketplace for small and marginal farmers in India. Through access to Farmers Producers Organisations (FPO), Safal Fasal has helped 75,000 Indian farmers access instant payment for the first time and increase their income.
LHV & Form3 Partner to Deliver a Single API-based Payments Platform
LHV, the financial and payment services provider, is pleased to announce an extended partnership (the ‘Partnership’) with Form3, the leading provider of real-time, cloud native payment technology. The Partnership delivers a single API-based payments platform, which gives fintechs and financial institutions 24 x7 access to instant payments in both GBP and Euro via the UK Faster Payments and the SEPA Instant Schemes.
Quppy - the first neobank to support mobile phone recharges in over 140 countries
- 6 years 4 months ago
- Payments
Quppy, a three-year-old European fintech project, has integrated instant mobile phone top-ups in over 140 countries. Recharging your mobile phone and those of your relatives and friends has never been that easy and fast. You simply have to fill in the number or chose it from your contact list and state the exact recharge amount.
Mastercard and Enel X to Launch Fintech-Cyber Innovation Lab in Israel
- 6 years 4 months ago
- Payments, IT Innovations
The new lab, launched in partnership with the Government of Israel following a competitive tender held by the Israel Innovation Authority, will collaborate with start-ups to test and develop solutions in fintech and cybersecurity
Velo Payments Partners with Mastercard to Modernize Business Payments Globally
- 6 years 4 months ago
- Payments
Velo and Mastercard (NYSE:MA) today announced a partnership to modernize the $125 Trillion global business payments market. The agreement will see Velo operate as both a Buyer and Supplier Agent for Mastercard’s Track Business Payment Service. Track was built to simplify and automate the exchange of payments-related data between the world’s Buyers and Suppliers - one of the first open loop commercial solutions to do so.
PayGuard® Chooses Nuapay for Open Banking Payments
- 6 years 4 months ago
- Open Banking, Payments
Leading provider of account to account payment solutions, Nuapay, today announces that it has been selected by PayGuard® a brand of Fusion Telecom to provide open banking payment services to its call centre customers. This is the first known deployment of open banking payments for telephone orders.
Wirecard and Varengold Bank Partner to Provide Financing and Market-leading Payment Solutions to FinTech firms
- 6 years 4 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, and Varengold Bank, a leading provider of FinTech financing, announced today the launch of a new strategic cooperation. Together, Wirecard and Varengold Bank will provide ambitious FinTechs looking to scale their operations with access to capital to refinance their loan portfolios, combined with a comprehensive set of white-label payment solutions.
illimity launches first PIS Platform
- 6 years 4 months ago
- Payments
illimitybank.com, the illimity Group’s digital direct bank, is introducing the Payment Initiation Service (PIS) in Italy for the first time ever, a system which enables customers to make payments from accounts of other banks consolidated on its platform.
New payments methods accelerate growth in cashless payments worldwide
- 6 years 4 months ago
- Payments
Strong growth in cashless payments as cards increasingly preferred for everyday transactions
Absa rolls out PowerCARD across Africa
- 6 years 5 months ago
- Payments
HPS, a leading multinational provider of payment solutions, today announces that it has completed the modernisation of Absa’s African Operations outside of South Africa (“ARO”) acquiring payments infrastructure journey. The transformation journey started in July 2019 with HPS replacing the existing legacy acquiring switch with PowerCARD for eight countries where Absa operates: Botswana, Kenya, Mauritius, Zambia, Tanzania, Ghana, Uganda and... more
Brits adapt to lockdown lifestyle: weekly spending trends revealed
- 6 years 5 months ago
- Payments
Klarna, the leading global payments and shopping provider, today released new data that tracks how UK consumer purchasing habits have evolved while under lockdown and as the COVID-19 outbreak continues. The company, which is used by over 7 million shoppers and has over 5,000 retail partners in the UK, analysed all the transactions made through its retail partners to identify what product categories Gen Zers, Millennials, Gen Xers and Baby... more
QuadPay builds new installment model with Stripe Issuing
- 6 years 5 months ago
- Payments
QuadPay, the payment installment platform, is partnering with Stripe to power advanced buy-now-pay-later experiences that boost conversion and let consumers start shopping instantly both online and in-store. Built on Stripe’s issuing infrastructure, QuadPay enables consumers to start shopping in installments anywhere Visa is accepted and powers buy-now-pay-later experiences that boost sales by more than 20% on average.
