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ECB pushes digital coin despite mixed feelings from population

News | Online & Mobile Banking | 18 May 2022

The European Central Bank has released another working paper on the digital euro, despite Europeans’ concerns regarding a central bank digital currency (CBDC)

central bank, digital euro, digital currency, cash, cashless, regulation, bank transfer, GDPR, CBDC

Paysafe enables eCash payments with Exeter Finance

News | Payments General | 28 Apr 2022

Paysafe has partnered with US-based auto finance company Exeter Finance to offer its eCash payment method for the latter’s customers.

Paysafe, lending, cash, partnership, expansion, financial inclusion

Nium acquires alternative payments network platform Socash

News | Online Payments | 26 Apr 2022

Global platform for modern money movement Nium has announced it acquires Socash, a Singapore-based alternative payments network platform.

online payments, ecommerce, cross-border payments, ecommerce platform, acquisition, digital payments, local payment method, cash, cashless

Treezor becomes authorised for all payment services in France

News | Online & Mobile Banking | 16 Mar 2022

Europe-based Banking-as-a-Service (BaaS) company Treezor has obtained authorisation from the ACPR to expand its activities and now has all the payment service licenses (from 1 to 8).

BaaS, EMI licence, cash, online banking

Walgreens added to PayNearMe's retail cash network

News | Payments General | 10 Mar 2022

Payments platform PayNearMe has announced that Walgreens has joined its retail network, facilitating cash payments for the former’s customers.

payments infrastructure, retail, cash, partnership, expansion

Australia's big four banks shut down 3800 ATMs

News | Payments General | 01 Mar 2022

Data has shown that almost 459 Australian branches have been shut down in the last few years, while thousands of ATMs were also removed.

banks, ATM, digitalisation, financial institutions, cash

National Bank of Ukraine clarifies how banks will operate under Martial Law

News | Payments General | 25 Feb 2022

The National Bank of Ukraine has issued new rules outing how banks will operate after the Martial Law declaration on 24 February 2022.

Russia Ukraine War, central bank, digital currency, e-money, cash, FX , cash flow

SafetyPay provides alternative payment method to support Betcris' growth

News | Online Payments | 01 Oct 2021

SafetyPay, a US-based payment platform, has partnered with Betcris to provide an alternative payment method for players who make online deposits and cash deposits through banks or cash points.

gambling, online payments, payment methods, cash

Arvato Financial Solutions adds viacash as payment method in Switzerland

News | Mobile Payments | 14 Sep 2021

Arvato Financial Solutions, a Germany-based fintech, has teamed up with payment service provider Mi-Pay to facilitate the introduction of viacash as a payment method for outstanding payments in Switzerland.

partnership, cash, payment methods, mobile payments

bunq partners with Paysafe to enable cash deposits for digital banking

News | Mobile Payments | 13 Sep 2021

bunq, a Netherlands-based mobile banking platform, has partnered with Paysafe to provide customers with access to cash services.

partnership, mobile payments, cash, Paysafe

InComm Payments partners with doxo, enabling consumers to pay bills with cash

News | Mobile Payments | 27 Aug 2021

US-based fintech InComm Payments and all-in-one bill payments provider doxo have partnered to enable consumers the cash option when paying bills across the US.

mobile payments, partnership, payment processing, cash

Viasat introduces new payment options through OXXO stores in Mexico

News | Online Payments | 13 Aug 2021

Communications company Viasat has rolled out simplified payment options for consumers in Mexico through supermarket chain OXXO's 21,000 convenience stores across Mexico.

partnership, contactless payments, ecommerce, cash

EU Commission planning limit of EUR 10,000 for cash payments

News | Payments General | 22 Jul 2021

The European Commission has announced plans for an upper limit of EUR 10,000 on cash payments as part of their new anti-money laundering package. 

European Commission, cash, payment processing, AML

A bumpy road ahead - transformation of payments leading towards cashless societies

Voice of the Industry | Payments General | 25 Jun 2021

The world of payments is rapidly moving away from cash and into non-cash transactions which is in line with a general digitalisation of our societies

CBDC, digital currency, cashless, e-wallet, cash, mobile payments, ATM

COVID-19 restrictions to boost contactless payments in the UK

News | Online Payments | 17 Jun 2021

There has been an increase in the use of contactless payment technology during 2020 in the UK, fuelled by the COVID-19 pandemic, according to UK Finance’s 2021 Payment Markets Report.

contactless payments, cash, debit card, mobile payments, study

Interview with the Central Bank of Jamaica and eCurrency on CBDCs

Interviews | Payments General | 11 Jun 2021

The Central Bank of Jamaica and eCurrency delve into the topic of CBDCs, based on the pilot that currently tests a digital Jamaican Dollar

CBDC, central bank, online security, cash, DLT, payment processing, digital payments, e-wallet, KYC, data privacy

Paysafe, IntelliPay expand partnership to offer online cash payments

News | Online Payments | 08 Jun 2021

US-based payments platform Paysafe has announced it expands US partnership with IntelliPay to offer online cash payments.

partnership, online payments, cash, contactless payments

Economic crisis in Mexico closes 867 bank branches, reduces credit card use

News | Online & Mobile Banking | 20 May 2021

Mexican banks feeling the impact of the economic crisis created by the COVID-19 pandemic have closed 867 branches in the first quarter of 2021.

banks, digital banking, digital payments, credit card, cash

Paysafe cooperates with TripGift for online gift cash payments

News | Online Payments | 18 May 2021

The specialised payment platform Paysafe has announced a partnership with travel booking and gift card redemption platform TripGift to introduce online cash payments for gifts. 

partnership, online payments, cash, ecommerce

EU wants to ban high cash payments, financial market commissioner states

News | Payments General | 11 May 2021

EU financial market commissioner Mairead McGuinness has announced a future push to ban payments of over EUR 10,000 in cash.

cash, payment processing, mobile payments, European Commission