Articles with tag: cash

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Cash usage trends – a method under siege in the coronavirus era

28 Oct 2020 | Payments General

Ryan Tuttle, Consumer Finance Consultant at Euromonitor, talks about the disruption caused by the COVID-19 pandemic when it comes to the usage of different payment methods

Ryan Tuttle, Euromonitor International, cash, COVID-19, payment methods, digital payments, QR code, merchants

Agicap, Salt Edge partner to digitalise cash flow management for SMEs

27 Oct 2020 | Online & Mobile Banking

France-based SaaS company Agicap has selected open banking solution provider Salt Edge to allow SMEs to monitor cash flows on all bank accounts, in a single dashboard.

Agicap, Salt Edge, partnership, digitalisation, cash flow management, SMEs, France, bank account, BFM, business finance management

Use of cash has decreased, while PaaS platforms increase during the COVID-19 pandemic

27 Oct 2020 | Online Payments

A report from Grand View Research has revealed that the global payments as a service market size is expected to reach USD 25.7 billion by 2027.

Grand View Research, report, research, payments as a service, PaaS, merchants, digital money, contactless payments, e-wallets, digital wallets, COVID-19, pandemic, cash transactions, payee

Cashaa, United Multistate Credit Cooperative Society partner in India

27 Oct 2020 | Cryptocurrencies

UK-based Cashaa has partnered with the United Multistate Credit Cooperative Society to provide savings accounts and loans to its customers and crypto investors in India.

Cashaa, United Multistate Credit Cooperative Society, Unicas, cryptocurrency, crypto, partnership, loans, India

Riyad Bank, JCBI work towards financial inclusion

26 Oct 2020 | Payments General

Saudi Arabia-based Riyad Bank has partnered with JCB International to enable the acceptance of JCB Cards at POS, online, and ATMs throughout the Kingdom of Saudi Arabia.

Riyad Bank, JCB International, JCB, Saudi Arabia, partnership, payments, financial inclusion, cashless, Vision 2030

Austria-based Bitpanda, Raiffeisen to introduce banking blockchain tech

26 Oct 2020 | Online & Mobile Banking

Fintech and digital trading platform Bitpanda has partnered with Raiffeisen to introduce blockchain interoperability in banking, according to FinTech Magazine.

Austria, Bitpanda, Raiffeisen, banking, blockchain, fintech, digital trading, Pantos project, PAN project, Technical University of Vienna, tech agnostic, RBI Coin, digital cash

PayPal users to spend USD 50 bln by 2022 with crypto payments, Reuters

26 Oct 2020 | Cryptocurrencies

PayPal has received a conditional Bitlicense by the New York State Department of Financial Services (NYDFS) to launch a new service, according to Reuters.

PayPal, cryptocurrency, payments, Reuters, Bitlicense, US, New York State Department of Financial Services, NYDFS, digital wallet, Bitcoin, Ethereum, Bitcoin Cash, Litecoin

Payment methods in 2020 – The global overview

26 Oct 2020 | Online Payments

Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography. 

Payment Methods Report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, Tap-on-Phone, POS, mobile POS

Versapay and Solupay merge

22 Oct 2020 | E-invoicing, SCF & E-procurement

Versapay Corporation, a provider of order-to-cash solutions, has completed a merger with payment services provider Solupay.

Versapay, Solupay, M&A, merger and acquisition, payments, order-to-cash

Trilo launches Open Banking solution for merchants and consumers

22 Oct 2020 | Online & Mobile Banking

UK-based payments startup Trilo has announced the launch of its Alpha service version in the UK, offering an open banking solution that will serve merchants and everyday consumers.

Trilo, payments, startup, UK, open banking, bank-to-bank payment, cashback, SaaS. Merchants, product launch, fintech, API

PayPal to allow crypto transactions on its network

22 Oct 2020 | Cryptocurrencies

PayPal has joined the cryptocurrency market, allowing customers to buy, sell, and hold Bitcoin and other virtual coins using the US digital payments company’s online wallets.

online wallets, PayPal, Cryptocurrency, Bitcoin, virtual coins, Ethereum, bitcoin cash, Litecoin, central banks

Link4 launches InvoiceExpress to help SMEs

20 Oct 2020 | E-invoicing, SCF & E-procurement

Australia-based Link4 has released its InvoiceExpress solution to bring the benefits of e-invoicing to small and medium businesses (SMEs), according to the official press release.

Link4, InvoiceExpress, SMEs, e-invoicing, invoices, Australia, SMEs, businesses, cloud accounting system, cash flow, outstanding invoices, overdue payments, PEPPOL

Cash still pays to cover household bills, pre-pandemic study finds

16 Oct 2020 | Online Payments

Bill payers are still invested in cash, with cash office payments taking preference over options such as PayPoint, Post Office, and Payzone according to pre-pandemic figures released by payment specialist allpay.

allpay, Post Office, Payzone, or PayPoint, bills, cash, bank transfer, rents, UK, study, direct debit, credit card, cash

Rapyd, InComm Payments partner to support cash payments in the US

15 Oct 2020 | Online Payments

Rapyd has entered into an agreement with InComm Payments to enable cash bill pay and load solutions at participating retailers across the US.

Rapyd, InComm Payments, cash bill pay, retailers, US, billers, credit card, debit cards, e-wallets, card issuing, disbursement, cash payments

1 in 4 Canadian businesses struggle with cashflow

14 Oct 2020 | Online Payments

Payments Canada has released survey results from Canadian small business owners revealing that 1 in 4 Canadian businesses struggle with cashflow.

cross border payments, cheque, cash, cashflow, gig workers, risk management, payments

How to future proof your B2B payments stack in a digital transformation era

14 Oct 2020 | Payments General

Digital transformation = B2C/B2B payments + ecommerce + payments platform + Big Data + IoT + APIs + automation => future of payments

Lori London, Worldpay, B2B payments, payments digitalisation, ecommerce, ERP, AP, automation, cross-border payments, cash cycle, fraud prevention

SafetyPay, Rappi partner to provide cash solutions and immediate reconciliation in LATAM

13 Oct 2020 | Ecommerce

Digital alternative payment platform SafetyPay has partnered with Rappi to support everyday commercial transactions and accommodate payment solutions for Rappi's variety of goods and services.

SafetyPay, alternative payment methods, Rappi, commercial transactions, LATAM, non-cardholders, online marketplace, ecommerce, merchants, cash exchange, cash collection

Axis Bank partners with Google Pay and Visa to launch the ACE Credit Card

12 Oct 2020 | Cards

Axis Bank has partnered with Google Pay and Visa to launch the ACE Credit Card.

Axis Bank, Google Pay, Visa, credit card, payments, mobile payments, cashback

Hindustan Unilever, State Bank of India offer digital financing solutions for retailers

09 Oct 2020 | Payments General

Hindustan Unilever (HUL) has partnered with the State Bank of India (SBI) to provide digital payment solutions for small retailers in India.

Hindustan Unilever, Unilever, HUL, State Bank of India, SBI, India, digital payment, cashless payment, retail, mobile payment, retailers, financing

Cashaa to launch crypto-friendly online bank in India

09 Oct 2020 | Cryptocurrencies

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa, UK, India, cryptocurrency, crypto, online bank, B2B, banking, fintech, lending