WeChat Pay Launches in Philippines with Asia United Bank
- 7 years 2 months ago
- Payments
Asia United Bank said Wednesday it launched WeChat Pay in the Philippines, which will allow mobile payments from Chinese tourists. Under a licensing agreement with WeChat developer Tencent, AUB said it would enable merchants in the Philippines to accept payments through WeChat Pay for hotel and airline bookings, shopping and dining. WeChat Pay's launch in the Philippines came after a unit of Tencent rival Alibaba launched a mobile payment system... more
ABN Amro Unveils Instant Payments
- 7 years 2 months ago
- Payments
Starting today, clients of ABN AMRO and a number of other European banks will be able to enjoy superfast transfers between the participating banks.
MoneyGram To Use Interac e-Transfer Bulk Disbursement
- 7 years 2 months ago
- Money Transfers
Interac Association/Acxsys Corporation (Interac) announced today that MoneyGram International, Inc. has begun using Interac e-Transfer Bulk Disbursement, an extension of the Interac e-Transfer service, as a new way for Canadians to receive payments sent through MoneyGram's payment service. Interac e-Transfer Bulk Disbursement allows MoneyGram to deliver money to its Canadian recipients in real time, with instant pickup and real-time funds... more
Tandem Bank Reveals Credit Card
- 7 years 2 months ago
- Credit Cards
We’ve previously used the hyperbole of ‘big huge news’ during an earlier burst of, well, big huge news, and now we’re stuck for synonyms to announce anything else. That said, here’s a moderately girthy announcement: The Tandem cashback credit card details are here So, here's the low-down: No transactions fees when withdrawing cash or making purchases abroad Get 0.5% cashback on all purchases over £1, everywhere Mastercard is accepted globally... more
Bitstamp Partners Masterpayment for Cryptocurrency Purchases
- 7 years 2 months ago
- Payments, Cryptocurrencies
Bitstamp, a leading global digital currency exchange and the largest Bitcoin exchange in the EU in terms of volume, today announces Masterpayment, an independent payment processor, specializing in the requirements of the new cryptocurrency markets, as its new partner for credit card processing and acquiring of cryptocurrency purchases. This partnership will allow Bitstamp customers to enjoy faster and more convenient transactions, while... more
EBANX Now Processes Peruvian Cash Payments for Chinese GearBest
- 7 years 2 months ago
- Payments
EBANX, Latin American local payments processor for global e-commerces, is now processing payments in Peru for GearBest, one of the largest Chinese retail online stores, having more than 40 million users around the world. EBANX is processing the widely used PagoEfectivo cash payment method for the retailer in the country.
PayPal Launches an Invoicing Extension for Facebook Messenger
- 7 years 2 months ago
- Payments
Today, we’re announcing a chat extension that enables invoicing within Facebook Messenger. The new extension will allow transactions that occur over Messenger to leverage the power and secure transactions that PayPal customers expect. The PayPal chat extension for invoicing allows sellers to create and send a PayPal Invoice directly within a Messenger conversation - complete with price and image - for the buyer to act on immediately; allowing... more
European Union Sales Growth Set to Outperform US this Black Friday, Predicts Ingenico
- 7 years 2 months ago
- Payments
Spending growth across the European Union is on track to outstrip the US this Black Friday, according to analysis by Ingenico, the global leader in seamless payment. Based on its payments data from 2016, spending uplift in the bloc is expected to be in excess of 450% above an average Friday, nearly three times the 162% spend increase in the US, and higher than the UK’s 318%. Transaction spending values are also anticipated to be significantly... more
UniCredit Rolls Out its Cross-border Instant Payments Solution, Starting with Italy and Germany
- 7 years 2 months ago
- Payments
UniCredit goes live with instant payments in Italy and Germany and becomes the first bank to offer the service in the German market The bank’s first payment was executed in the morning of 21 November between Germany and Italy
SEPA Instant Payments Is Live
- 7 years 2 months ago
- Payments
SEPA Instant Payments (SCT inst) is the first instant payment scheme to be inter-operable in a region as large as SEPA and is a response to European customer needs for faster payments. From November 2017, customers of participating banks will be able to send money to accounts in 10 seconds regardless of the SEPA countries involved in the transaction, and can do this 24/7/365.
SIA LAUNCHES A NEW DIGITAL PLATFORM FOR INSTANT PAYMENTS
- 7 years 2 months ago
- Payments
SIA launches “SIA EasyWay”, the new digital platform which allows banks and other payment service providers (PSPs) to manage at European level the instant payments available from 21 November on EBA Clearing’s RT1 infrastructure developed by SIA, in addition to all other SEPA payment and collection instruments.
FSS AadhaarPay Wins Best Alternative Payments Awards at Payments Awards UK
- 7 years 3 months ago
- Payments
FSS AadhaarPay, a biometric-enabled merchant payment acceptance solution, has won the Payments Awards UK in the “Best Alternative Payment Award” category. The awards were announced at the 5th Edition of the Annual Payments Awards, at a prestigious awards ceremony in London.
Paysafe Picks Up Two High Profile Awards at the UK Payments Awards
- 7 years 3 months ago
- Payments
Paysafe, a leading global payments provider, has been named winner of two high profile payments awards in the UK at the prestigious ‘UK Payment Awards’ event last week. The first accolade the company scooped on the night was for being the UK’s ‘Best Merchant Acquirer/ Processor’. Paysafe then earned further recognition when Andrea Dunlop, Paysafe’s CEO of Acquiring & Card Solutions, was named the UK’s ‘Payments Pioneer’.
BancoEstado and SumUp to Start Mobile Card Acceptance in Chile
SumUp, the leading financial technology provider, and BancoEstado de Chile, the largest national bank of Chile, today announce the launch of a joint venture offering mobile card acceptance to small businesses.
Telenor’s Valyou Receives UNCDF Support for Financial Inclusion in Myanmar
- 7 years 3 months ago
- Money Transfers
Valyou, a service from Telenor Group, will provide low-cost international remittance services to Myanmar in its effort to promote greater financial inclusion in Southeast Asia.
