Subway® Restaurants Partners with Adyen to Advance its Payment Experience in North America Locations
- 6 years 7 months ago
- Payments
Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Subway® as its payments partner for North America. Adyen will support Subway, the world’s largest quick service restaurant by restaurant count, and its Franchise Owners in creating a simpler and more customer-centric payments experience in-restaurant, online and through the Subway App.
Over 60% of Millennials Are Using ‘Buy Now, Pay Later’ Services When Shopping, Kearney Research Shows
- 6 years 7 months ago
- Payments, Consultancy
Analysis from global consulting partnership Kearney has found a growing appetite for point of sale (PoS) credit finance – otherwise known as ‘buy now, pay later’ – among younger UK consumers, with over 60% (67%) of Millennials now using this service. While 42% of Millennials have used a ‘buy now, pay later’ service more than once in recent years, they’re not the only shoppers using these services. A majority of consumers in Generation X (57... more
Apple Pay Coming to Curve Customers Across Europe
Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, today brings its customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites.
PrePay Solutions becomes PPS
- 6 years 7 months ago
- Payments
PrePay Solutions subsidiary of Edenred, the everyday companion for people at work, today announces its rebrand as PPS. PPS, founder and innovator in prepaid cards, has in the last 5 years grown the market in the fintech services including banking, virtual cards, debit, credit and prepaid processing. As a result of this expansion the company will now be formally known as PPS, a moniker already well known in the industry.
Form3 opens up direct access to SEPA Instant payment scheme to nonbank financial institutions with Ebury as the first customer
Form3, the leading cloud-native, payment technology provider have announced that they will provide direct access to the SEPA Instant payment scheme for Ebury. This will be the first solution in Europe that allows direct scheme access for non-banks like FinTech’s and regulated financial institutions, while using Barclays as their liquidity provider.
Nets Teams Up with Bankify in Open Banking Partnership
- 6 years 7 months ago
- Payments
Bankify, a Finnish fintech company, and Nets, a leader in the payments industry, have entered into a strategic partnership that enables Bankify’s customers to consume Bankify’s services through Nets’ Open Banking platform. Under the terms of the partnership, Nets customers will also have easy access to Bankify’s portfolio of microservices via the platform.
Visa Joins $80m Currencycloud Funding Round
- 6 years 7 months ago
- Payments
London-based B2B cross-border payments outfit Currencycloud has raised $80 million in a Series E funding round joined by blue-chip investors such as Visa, BNP Paribas and Siam Commercial Bank.
eNett International Signs Definitive Agreement to be Acquired by WEX
eNett International, a leading provider of integrated B2B payment solutions for the travel industry, has entered into a definitive agreement to be acquired by WEX Inc. (NYSE: WEX), a leading financial technology service provider. The transaction also includes the acquisition of Optal, a shareholder of eNett and the primary issuer of eNett payments.
Pine Labs announces investment from Mastercard
- 6 years 7 months ago
- Investment Management, Payments
Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment by Mastercard that underscores confidence in India’s growing economy. The investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the region. The collaboration will deliver an extensive range of card and real-time payments-based instalment financing at checkout – in-store and online.
SoFi Supercharges its Debit and Credit Cards with Mastercard
- 6 years 7 months ago
- Payments
SoFi, the digital personal finance company, and Mastercard today announced a multifaceted partnership to offer a suite of products and in-person experiences to its nearly one million (and growing) SoFi members.
MUFG Union Bank Launches Real-Time Payments for Clients on the RTP® Network
- 6 years 7 months ago
- Payments
MUFG Union Bank N.A.
Europeans spend €4 trillion per year on payment cards
- 6 years 7 months ago
- Payments
Expenditure on European payment cards has grown by a third since 2014 to reach €3.9 trillion, as cards are used increasingly for everyday purchases Rapidly rising usage spurs card spending RBR’s latest research, Payment Cards Issuing and Acquiring Europe 2020, shows that in 2018 cardholders in the UK, France and Germany spent the most, with the total increasing by 26%, 19% and 22% respectively since 2014. The fourth largest market, Russia, saw... more
Visa Takes 'Access To Cash' Programme Industry-Wide
- 6 years 7 months ago
- Payments
Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter. The introduction of the UK-wide programme follows a year-long trial with Lloyds Bank, which offered rewards to retailers in return for providing cashback services. The initiative comes in the wake of a backlash over the creation of 'cash... more
WorldRemit announces global remittance partnership with Alipay
- 6 years 7 months ago
- Payments
WorldRemit has announced a partnership with Alipay, the world's leading payment and lifestyle platform, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world. “Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,” said Tamer El-Emary, Chief... more
RS2 Acquires KALICOM Liebers Zahlungssysteme KG
RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of KALICOM Liebers Zahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany. The acquisition follows the groups announcement to enter the merchant direct acquiring business and represents along with the earlier announced foundation of RS2 Financial Services GmbH.
