Travel Debit Card Currensea Hits 100k Cardholders as Its Used Globally Every 9 Seconds by Travellers Looking to Reduce FX Fees
- 8 months 1 day ago
- Payments
Travel debit card Currensea, has now hit 100k cardholders with its money-saving solution now used globally every nine seconds. This is the latest sign of Currensea’s strong growth, with monthly usage doubling from last year as travellers increasingly look to reduce foreign exchange (FX) fees and enhance value.
Visa and Alaan Sign a Landmark 5-year Deal to Help Drive the Cashless Agenda of UAE and KSA
- 8 months 1 day ago
- Payments
Alaan, UAE’s fastest growing corporate card solution, and Visa, a world leader in digital payments, announced a landmark 5-year deal to digitize expense management processes for businesses in UAE and KSA.
Card Payments No Longer the Default Choice for Consumers – Local Payments Are the New Hero
- 8 months 1 day ago
- Payments
Boku, the global network for localised payment solutions, has released a global research report entitled ‘2024 Global Ecommerce Report: The Changing World of Payments’ - an in-depth analysis of payment preferences and purchasing behaviours of consumers across the globe.
Paysend and Currencycloud Sign Major Global Expansion Deal
- 8 months 1 day ago
- Money Transfers
Currencycloud, experts simplifying business in a multicurrency world, and Paysend, a global fintech leader in international money transfers, have announced a major expansion to their longstanding partnership that will see Paysend expand its services around the world. The deal will see Currencycloud boost Paysend’s FX and treasury capabilities, with the fintech becoming a key partner of cross-border money movement flows for Paysend across the US... more
Juni Moves to Direct Issuing with Mastercard
- 8 months 1 day ago
- Payments
Juni, the financial platform for digital commerce, announced today it has received a Mastercard Issuing License. Through this, Juni can issue Mastercard cards directly to its European customers, removing its dependence on third parties and strengthening its existing payments tech stack.
Ebury Expands Footprint in Africa through Strategic Partnership with dLocal
- 8 months 1 day ago
- Payments
Ebury, the global financial services firm, is proud to announce its partnership with dLocal, a leading cross-border payment platform specializing in high-growth markets. This collaboration marks a significant leap forward for Ebury, reinforcing its commitment to empowering businesses with seamless access to Emerging Markets across Africa.
Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years
- 8 months 1 day ago
- Payments
After nearly 20 years of litigation, Visa today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments. The agreement’s multi-year benefits for businesses include:
Barclays and Breeze Airways Unveil the Breeze Easy Visa Signature Co-Branded Credit Card
- 8 months 2 days ago
- Payments
Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.
Australia's Leading Spend Management Platform Weel Partners with Nium and Visa to Accelerate Global Growth and Customer Offering
- 8 months 2 days ago
- Payments
Weel, Australia's leading spend management platform, and Nium, the leader in real-time cross-border payments, today announced a new strategic partnership to help finance teams better manage their corporate spending. Nium will serve as Weel's preferred financial services provider, offering a comprehensive suite of products that will enable Weel to accelerate its global growth and customer offering.
Elavon and Softpay Offer SoftPOS Solution
- 8 months 2 days ago
- Payments
Elavon customers across Europe can now accept card payments with only their smartphone after the global acquirer and payments leader partnered with innovative Copenhagen-based Softpay to offer a SoftPOS payment solution. The game-changing technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional... more
Australian Fintech Stables Launches International Remittances Between Australia and The Philippines
- 8 months 2 days ago
- Money Transfers
Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.
Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases
- 8 months 2 days ago
- Cryptocurrencies
Swift has announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution, with the results showing that its connector can enable financial institutions to carry out a wide range of financial transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.
La Banque Postale and JCB Join Forces to Elevate Payments Experience for Travellers in France
- 8 months 2 days ago
- Payments
La Banque Postale and JCB today announced the signature of a partnership aimed at facilitating easy and seamless payment transactions for JCB cardmembers throughout France. This long-term collaboration will be rolled out in several major phases.
Unlimit Partners With Xiaomi to Improve GetApps Payments Experience for Brazilian Customers
- 8 months 2 days ago
- Payments
Unlimit, a leading global fintech company, today announced it has partnered with Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, to strengthen the expansion of Xiaomi’s GetApps, the company’s app distribution platform for international markets in Brazil. By providing PIX, Unlimit will greatly simplify the payment process for GetApps’ local customers, and support GetApps’ development goals in the region.
