Articles with tag: digital payments

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Huawei reveals Digital Payment Cloud Solution

07 Aug 2020 | Mobile Payments

Huawei has launched a new Digital Payment Cloud Solution to help digital payment service operators build super app centered payment ecosystems.

Huawei, launch, digital payments, transactions, data, mobile payments

Sezzle eyes expansion plans in India

07 Aug 2020 | Payments General

Sezzle, a US-based company that offers buy now, pay later service, has announced plans to foray into India by the end of this year, reports Electronic Payments International.

Sezzle, expansion, India, buy now, pay later, payments, digital payments, loans

Planet, 3C Payment launch digital payments service for Europe-based hospitality businesses

05 Aug 2020 | Online Payments

Payments company Planet has launched an integrated digital payments service for merchants operating across Europe in the hospitality and food and beverage sectors. 

Planet, 3C Payment, launch, digital payments, merchants, Europe, hospitality, acquiring, FCA, merchants, hospitality payments, acceptance, gateway processing, contactless payment methods, Alipay, WeChat Pay, PAX A920, payment terminal, wallet, spending behaviour, reward programmes

Global Payments to run issuer processing from AWS

05 Aug 2020 | Online Payments

US-based Global Payments has inked a deal with AWS to create a cloud-based processing platform for card issuers.

AWS, Amazon Web Services, Global Payments, US, online payments, ecommerce, card payments, SaaS, digital payments, cloud-based processing platform

NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

ACI Worldwide drives payments transformation for ACS, a division of Altron

04 Aug 2020 | Online Payments

ACI Worldwide has announced that Altech Card Solutions (ACS), a division of Altron, is utilizing ACI’s UP Retail Payments to serve its multi-national retail customers across Africa.

ACI Worldwide, Altech Card Solutions, ACS, Altron, ACI UP Retail Payments, retail, Universal Payments Framework, alternative payments, alternative payment methods, QR, POS, merchants, digital payments, underbanked

Billtrust, Finexio partner for faster digital payments amid pandemic

04 Aug 2020 | Payments General

US-based fintech Finexio has partnered with B2B payments solution provider Billtrust to provide faster digital payments to its suppliers.

Billtrust, Finexio, digital payments, pandemic, fintech, US, United States, B2B payments, Business Payments Network, BPN, partnership, covid19, accounts receivable, automated invoice reconciliation, virtual cards payments

FSS introduces AutoPay to UPI

04 Aug 2020 | Payments General

Digital payment and financial technology company FSS (Financial Software and Systems) has added new features to its UPI 2.0 platform.

FSS, Autopay, digital payments, fintech, Financial Software and Systems, PSP, UPI, monetisation, NPCI, banks, B2B payments, supply chain

EDPIA welcomes SIA as a new member

04 Aug 2020 | Online Payments

The European Digital Payments Industry Alliance (EDPIA) announced that SIA, a European hi-tech company in payment services and infrastructures, has joined the Alliance.

European Digital Payments Industry Alliance, EDPIA, SIA, payments, Ingenico Group, Nets, Nexi, Wordline, digital payments, Europe

China and the US to generate 65 percent of all digital payments in 2020

28 Jul 2020 | Online Payments

BuyShare has revealed that digital payments are set to reach USD 4.4 trillion transaction value in 2020, while China and the US are expected to generate 65% of that value.

China, US, digital payments, mobile payments, UK, South Korea, Europe, digital payments industry

B2B payments 2019-2020 – key drivers of innovation

27 Jul 2020 | Payments General

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments, suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

RBI report recommends incentives to popularise QR code transactions in India

23 Jul 2020 | Mobile Payments

The Reserve Bank of India (RBI) has released a report that shows why the government should provide incentives to popularise usage of QR code transactions.

The Reserve Bank of India, RBI, report, government, incentives, QR code, India, digital payments, Bharat QR, UPI QR, Proprietary QR, interoperable QR, KYC, merchant, electronic payment, interchange, RuPay Debit card

Starbucks China offers order services to Alibaba apps

22 Jul 2020 | Ecommerce

Reuters has revealed that Chinese Starbucks customers can order the coffee chain’s drinks on Alibaba’s Taobao marketplace and mobile map app Amap.

Starbucks, China, order services, Alibaba, ecommerce, digital payments

Flywire helps education agents and institutions streamline international tuition payments

21 Jul 2020 | Payments General

Flywire, a vertical payments company, has announced upgrades to its digital payment platform to serve education recruitment agents and institutions worldwide. 

Flywire, international tuition payments, digital payments, education

Bank Nizwa, Mastercard extend digital payments partnership

21 Jul 2020 | Payments General

Bank Nizwa has recently extended its strategic partnership with Mastercard for digital payments in Oman. 

Bank Nizwa, Mastercard, digital payments, partnership, banking

CIBT, Conferma Pay partner for virtual cards

17 Jul 2020 | Payments General

Immigration and visa services provider CIBT has announced an integration with Conferma Pay for virtual cards and business travel payments, according to a fintek.news.

CIBT, Conferma Pay, virtual cards, immigration, visa services, travel payments, digital payments, digitisation, automatic reconciliation, spend management tools, fraud, pandemic

Spain-based banks pilot blockchain-based digital payments

17 Jul 2020 | Payments General

Spain-based companies Banco Santander, Banco Sabadell, BBVA, and CaixaBank have finalized a proof-of-concept (PoC) test for digital payments via blockchain-based smart contracts.

Banco Santander, Banco Sabadell, BBVA, CaixaBank, Spain, Iberpay, PoC, blockchain, digital payments, smat contracts, DLT, Spanish Payment System, SNCE, red-I, dlt based payments

PayPal confirms plans to enter the crypto market

17 Jul 2020 | Cryptocurrencies

Digital payments company PayPal has published a letter to the European Commission revealing that is developing crypto-asset management capabilities.

PayPal, crypto, digital payments, European Commission, crypto-assets, cryptocurrency market, AML, CFT

Ecommerce in Germany to account USD 82 bln in 2020

16 Jul 2020 | Ecommerce

Germany-based ecommerce has been reported to reach roughly USD 82 billion in 2020, a 13% increase compared to 2019.

Germany, ecommerce, invoice, PayPal, online merchants, payment methods, digital payments, online payments, cross-border payments

American Express rolls out Automated Accounts Payable solution

15 Jul 2020 | E-invoicing, SCF & E-procurement

American Express has launched American Express One AP, the company’s first proprietary automated accounts payable (AP) solution, according to the official press release.

American Express, American Express One AP, accounting, invoicing, US, digitalisation, accounts payable, product launch, pandemic, digital payments, virtual card payments, check, ACH