Almost four in ten say they won’t need cash in ten years time as contactless proves popular for many
- 10 years 5 months ago
- Payments
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, over one in five (22%) think they will be regularly using their fingerprint to pay for goods and services. The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future... more
allpay breaks through £1.5bn Direct Debit barrier
- 10 years 5 months ago
- Payments
Payment services specialist allpay is now collecting £1.59 billion per annum in Direct Debit payments, from 12.1 million transactions. With the total BACS Direct Debit transaction volume reaching 3.6 billion each year in the UK, allpay today represents a growing market share of the UK’s total Direct Debit market.
US behind UK in digital payments
- 10 years 5 months ago
- Payments
A new study from international payments engine Currency Cloud, reveals the majority of US businesses continue to battle major innovation hurdles when moving money across borders. Through a survey of US and UK finance professionals, Currency Cloud found the US has a lot to learn from its UK counterparts when it comes to international payments, with nearly half (47 percent) of US businesses still relying on old-fashioned paper checks. In contrast... more
Checkout.com To Expand Online Banking With Sofort Payment Option
- 10 years 5 months ago
- Payments
Checkout.com is diversifying its online banking payment method mix by offering Sofort, an important European payment method, to its e-commerce merchants. SOFORT, a popular European payment method, is now available within Checkout.com’s Checkout platform. With one integration, Checkout.com merchants looking to sell in Europe can easily reach up to 18 million additional customers in 13 countries: Germany, Austria, France, Italy, Poland, Spain,... more
Luxembourg’s banks select Worldline’s ACS platform for 3D-Secure
Worldline, European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority.
FIME to launch testing tool for online payment terminals
- 10 years 5 months ago
- Payments
In a move which will assist EMV® payment terminal, mobile point of sale (mPOS) and kernel developers to bring their products to market more efficiently, quickly and cost effectively, FIME has today launched its EVAL 4dev cloud-based service. A breakthrough in the testing world, this online service enables users to validate EMV Level 2 payment terminal kernels throughout the development phase 24/7 and from any location.
WildWorks extends Animal Jam to more global players with Worldpay
- 10 years 5 months ago
- Payments
WildWorks, the developer behind Animal Jam, has selected Worldpay as its primary payment partner to strengthen its position in the US and help support its growth globally. Animal Jam developed and owned by WildWorks and associated with the licensed marks of National Geographic, is currently the largest online social network for children in the world. WildWorks has turned to Worldpay to help build on this international success.
Tryzens joins forces with Ingenico Payment Services to deliver a digital payments platform for its Trygen Solution
- 10 years 5 months ago
- Payments
Trygen Ingenico Payment cartridge created to help retailers rapidly deploy international sites and accept foreign currency payments out-of-the-box Tryzens has strengthened its strategic partnership with Ingenico Payment Services, who will be the first payment provider to launch with Tryzens out-of-the-box version of Demandware Commerce, Trygen.
Buy with Affirm Option is available to Shopify merchants
- 10 years 5 months ago
- Payments
Affirm, the financial technology company led by PayPal Co-Founder Max Levchin, today announced that Buy with Affirm, a payment option for consumers, is now available to merchants on Shopify, a leading cloud-based multichannel platform. The integration will provide Shopify’s U.S. merchants with the ability to offer shoppers installment financing at checkout.
JCB and Bank BRI To Announce a New Partnership for Card Payment Business
- 10 years 5 months ago
- Payments
PT JCB International Indonesia, subsidiary of JCB International Co. Ltd. the international operations arm of JCB Co. Ltd. (hereinafter collectively "JCB"), and PT. Bank Rakyat Indonesia (Persero) Tbk ("BRI"), one of the Indonesia's largest state owned commercial banks, with specialties in small medium enterprise or small scale & microfinance, are pleased to announce a new partnership for card payment business. This partnership starts from... more
Forget the Card; Avidia Partners with FIS to Go Cardless for ATM Withdrawals
- 10 years 5 months ago
- ATMs
Hudson, Mass.-based Avidia Bank is one of the first financial institutions in New England to offer Cardless Cash ATM access thanks to their partnership with FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions.
Bitcoin payments made easy: Shopping cart modules for e-commerce merchants
- 10 years 5 months ago
- Payments
More and more e-commerce merchants are taking an interest in bitcoin payments, in order to set themselves apart from their competition and target the growing number of customers with bitcoins. Innovative gateways such as Coinsnap now offer simple integration of bitcoin payments, including comprehensive payment services for more than 30 leading shopping cart systems. Millions of new customers with bitcoins to spend
Instinet Europe receives FCA authorisation as a Payment Institution
- 10 years 5 months ago
- Payments
Instinet Europe Limited (Instinet) today announced that it has received regulatory authorisation from the FCA as a Payment Institution. This authorisation allows Instinet to offer a new safeguarded cash management and payment service solution to clients looking to purchase investment research through ‘hard dollar’ research payments.
Prepaid cards top preference for ‘first accounts’ in children under the age of 16
- 10 years 5 months ago
- Payments
Innovations in prepaid cards and mobile phones are beginning to erode the traditional monopoly of banks as the home of ‘first accounts'. According to new research by Prepaid International Forum (PIF), the next generation of financial services customers is more likely to use a prepaid card or mobile device, instead of a bank account, when they first become active consumers.
AccessPay confirms commitment to Faster Payments New Access Model
- 10 years 5 months ago
- Payments
AccessPay, the provider of payment automation and business intelligence, has announced its commitment to the Faster Payments New Access Model. The company is one of only eight accredited fintech vendors to have signed a Letter of Commitment to provide aggregation services.
