Articles with tag: digital wallet

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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

JazzyPay offers digital payment system to merchants

27 Oct 2020 | Mobile Payments

JazzyPay, a web and mobile app that allows businesses to accept cashless payments, has announced the launch of a new digital payment system for merchants.

JazzyPay, digital payments, cards, digital wallets, QR, merchants

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

Digital wallets – shaping the digital consumers of the future

23 Oct 2020 | Mobile Payments

Hianyang Chan, Senior Consultant at Euromonitor, elaborates on the latest developments when it comes to digital wallets

Hianyang Chan, Euromonitor, digital wallets, Asia-Pacific, digital payments, payment method, super app, WeChat Pay, Alipay

AppotaPay receives payment intermediary license from the State Bank of Vietnam

14 Oct 2020 | Online Payments

Vietnam-based online payment portal AppotaPay has announced that it has received a payment intermediary license from the State Bank of Vietnam.

AppotaPay, Vietnam, payments licence, payments, digital wallet, e-wallet, payment gateway

Flipkart and Paytm partner to provide new payment method for festive season

08 Oct 2020 | Ecommerce

Singapore-based ecommerce marketplace Flipkart has teamed with Paytm, a digital financial services platform based in India, to provide customers with a new payment method for the festive season. 

Flipkart, Paytm, digital wallet, payments, ecommerce, India

Corporate payments without corporate cards

08 Oct 2020 | Cards

As the pandemic is forcing people to work from home, corporate financial infrastructures are rapidly changing. The implications of this could be radical and long-lasting, so Mesh is working to create solutions for the new corporate environment. We sat down with Oded Zehavi, founder and CEO of Mesh, to discuss the future of corporate payments without corporate cards.

Mesh Payments, Oded Zehavi, corporate cards, payments, fintech, COVID-19, pandemic, corona virus, digital wallets, subscription, subscription payments

The Bayesian Group acquires Money Button to offer digital wallet solution

01 Oct 2020 | Cryptocurrencies

UK-based fintech Bayesian Group has announced the acquisition of crypto non-custodial wallet Money Button.

Bayesian Group, Money Button, digital wallet, blockchain, smart contracts, mergers and acquisitions, acquisition, UK, Europe, EMEA

Philippines-based PayMongo secures USD 12 mln Series A led by Stripe

28 Sep 2020 | Payments General

Stripe has led a USD 12 million Series A round in online payment platform PayMongo, as announced by the startup.

Philippines, PayMongo, Stripe, startup, online payments, online payment platform, fintech, businesses, Y Combinator, accelerator program, Global Founders Capital, BedRock Capital, financial institutions, payments API, online payments API, API, apps, bank cards, digital wallets, GrabPay, GCash, commerce, messaging apps, PayMongo Links, fraud, risk detection

Canal Insurance, One Inc partner for digital payments

25 Sep 2020 | Payments General

Canal Insurance Company (Canal) has selected One Inc’s Digital Payments Platform for both inbound premium and outbound claims payments.

Canal Insurance, One Inc, digital payments, United States, US, inbound premium, outbound claims, payments, auto liability, truckers general liability, coverage, basic payment functionality, digital payments, inbound payments, Digital Payments Platform, digital wallet, virtual wallet

SCA for PSD2 could cost merchants more than EUR 100 bln in 2021

24 Sep 2020 | Digital Identity, Security & Online Fraud

CMSPI has released a research that shows how Europe-based merchants struggling with the COVID-19 pandemic risk losing more than EUR 100 billion in online sales in 2021.

CMSP, research, Europe, merchants, COVID-19, SCA, 3DS2, checkout, retailers, credit card, debit card, fraud, digital wallets, Apple Pay, PayPal, 3DS2

EBANX joins PayPal expanding offer on digital wallets in Brazil

22 Sep 2020 | Mobile Payments

Brazil-based payments company EBANX has announced payment possibilities in Brazil for purchases of products and services in partnership with PayPal.

Ebanx, PayPal, Brazil, mobile payments, contactless payments, digital wallet, Latam, Latin America, AliExpress, Wish, Airbnb, local payments

Logiq, Yabx to offer merchant advances and 'Buy Now, Pay Later' services in Indonesia

21 Sep 2020 | Online Payments

Global provider of ecommerce and fintech business solutions Logiq has partnered with Yabx, a fintech venture of Comviva to offer credit-based financial services.

ecommerce, fintech, Logiq, Yabx, Comviva, iPayLogiq, e-wallet, GoLogiq, digital wallet, online payment gateways, point-of-sale, new-to-credit, artificial intelligence, machine learning, Indonesia, merchants

dLocal achieves USD 1.2 bln valuation after securing new USD 200 mln investment

16 Sep 2020 | Online Payments

dLocal has announced up to USD 200 million in new investment, led by existing investor General Atlantic, a global growth equity firm with a presence across North and South America, Europe and Asia.

dLocal, investment, General Atlantic, LATAM, merchants, Addition, emerging markets, ecommerce, Spotify Premium, Zara, local credit card payments, instalments, Mastercard, Visa, American Express, Google Pay, digital wallet

Walmart joins the Paymentus Instant Payment Network

07 Sep 2020 | Online Payments

Walmart and Paymentus have partnered to modernise how bills are paid in Walmart stores and in the Walmart app. 

Walmart, Paymentus, bill payments, bill presentment, digital wallet, mobile payments, point-of-sale, AI, Paymentus Instant Payment Network, PayPal, Amazon

eCurrency brings CBDC benefits to all in ecosystem utilising digital secure currency technology

04 Sep 2020 | Payments General

‘Choices around the technology used for CBDC are important as they would have a significant impact on the extent to which CBDC meets our overall objectives’, The Bank of England

Central Bank Digital Currency, Lars Arvidsson, eCurrency, Bank of England, DLT, digital wallets, central banks, commercial banks, Digital Secure Currency, payment cards, mobile money wallets

Visa, Vipps team up to accelerate mobile payments in Europe

03 Sep 2020 | Mobile Payments

Visa has partnered with Norway-based digital wallet Vipps to accelerate mobile payments in Europe. 

Visa, digital wallet, Vipps, mobile payments, Europe, contactless payments, ecommerce, eID

The American Central Bank Digital Currency plan – quiet, powerful, imminent

02 Sep 2020 | Cryptocurrencies

Douwe Lycklama, Innopay: After years of cash reduction in favour of commercial banks debt money, now central banks can regain some of their position once held in a cash society

Douwe Lycklama, INNOPAY, CBDC, central bank digital currency, programmable money, digital wallet, tokens, Decentralised Finance, DeFi, US, central banks

Bank of Ireland launches Google Pay for customers

25 Aug 2020 | Mobile Payments

Bank of Ireland has launched the Bank’s first digital wallet, Google Pay, enabling customers to add personal debit, credit cards, and business debit cards to the Google Pay digital wallet.

Google Pay, contactless payments, digital wallet, online payment, tap-to-pay purchases, mobile devices, Bank of Ireland, cards

How tomorrow's bank will function digitally – interview with Wiseasy

25 Aug 2020 | Payments General

The Paypers sat with Li Yan, founder and CEO of Beijing Wiseasy Technology, to learn more about how will banking look like in the near future

Li Yan, Wiseasy Technology, banking, digital bank, digital wallets, fintech, smart POS, Wise Cloud, PayCloud, QR code, 4G