Articles with tag: electronic payment

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RBI announces RTGS to run 24x7 from December 2020

12 Oct 2020 | Payments General

The Reserve Bank of India (RBI) has announced that online transfer of funds through real-time gross settlement (RTGS) will be available round-the-clock from December 2020, according to mint.

RBI, RTGS, Reserve Bank of India, real time gross settlement, India, online payments, transfers, funds, real time transfers, gross settlement, National Electronica Funds Transfer, NEFT, electronic payments, bank branches

China's CBDC will be distributed in Shenzhen as part of public trials

12 Oct 2020 | Cryptocurrencies

The Chinese city of Shenzhen has announced plans to distribute over 10 million yuan in China’s upcoming digital currency as part of public trials.

Digital Currency Electronic Payment, wallets, digital yuan, merchants, trials, payments digitalisation, DCEP, CBDC, China,

ECB should plan digital euro issuance, board member says

02 Oct 2020 | Online & Mobile Banking

A board member of the European Central Bank has declared that the bank should prepare to issue a digital euro to complement banknotes, according to Reuters.

ECB, European Central Bank, Europe, digital euro, banknotes, banks, central banks, digital currencies, electronic payments, private tokens, Bitcoin, Facebook, Libra, electronic money, commercial bank, Bluetooth, pre-paid cards, banking system

How to craft an ecommerce strategy for the post-COVID boom

01 Oct 2020 | Ecommerce

James Booth of PPRO shares the company’s latest findings and learnings on the most prolific ecommerce segments and trends to be considered post-pandemic

James Booth, PPRO, ecommerce, ecommerce strategy, ecommerce trends, worls, electronic payment processing, COVID-19, social distancing, online shopping, merchants, delivery time, payment method, Europe, UK, France, Spain, Belgium, Italy, Switzerland, Netherlands, Germany, cart abandonment, global transaction engine,

Responding to the pandemic: future trends in global payments

28 Sep 2020 | Ecommerce

Wei Zhihong of UnionPay International takes a close look at the ecommerce trends that emerged during the COVID-19 pandemic and how will the industry look like from now on.

Wei Zhihong, UnionPay International, Payment Methods Report, ecommerce, online payments, ecommerce payments, lockdown, online transactions, on-demand delivery, pandemic, ecommerce platform, electronic payments

Developments in biometric authentication and biometric cards

23 Sep 2020 | Digital Identity, Security & Online Fraud

Úna Dillon, Managing Director at MRC Europe, elaborates on the key developments in biometric authentication and biometric cards

Úna Dillon, MRC, Europe, biometric authentication, biometric cards, biometrics, retailers, UX, fraud, chargebacks, ecommerce, checkout, electronic payments, cardholder, CDCVM, mobile payments, ApplePay, Samsung Pay, Visa Checkout, mobile commerce, contactless card payments, onboarding process

REPAY, Advanced Business Computers of America partner to facilitate card payments

09 Sep 2020 | Online Payments

REPAY has partnered with Advanced Business Computers of America to enhance card payment acceptance and processing.

REPAY, Advanced Business Computers of America, ABCoA Deal Pack, debit cards, credit cards, ACH payments, payment entry duplication, transaction processing, electronic payments, merchants

Phos, Mastercard team up to offer mobile payment tech to European businesses

28 Aug 2020 | Mobile Payments

UK-based fintech phos has extended its partnership with Mastercard in a bid to introduce a new mobile payment solution.

phos, Mastercard, mobile payments, mobile POS, Europe, Belgium, France, Greece, Italy, the Netherlands, Poland, Portugal, Spain, MSME, payment processes, electronic payments

TD Bank launches TD Online Accounting

18 Aug 2020 | E-invoicing, SCF & E-procurement

US-based TD Bank has announced it is launching TD Online Accounting to provide an integrated payment and accounting experience for its small business customers.

TD Bank, banks, online, TD Online Accounting, payments, US, technology, Autobooks, credit cards, cards, electronic payments, digital, onboarding, digital onboarding, invoicing

China's virtual Yuan DCEP System to be released in Hong Kong

14 Aug 2020 | Online & Mobile Banking

China’s virtual yuan (CBDC), also referred to as digital currency electronic payment (DCEP) has been announced for testing in Hong Kong’s Greater Bay Area in August 2020.

China, Hong Kong, virtual yuan, DCEP System, CBDC, Greater Bay Area, digital currency, digital currency electronic payment, Guangzhou, Shenzhen, Macau, financial centre, financial infrastructure, Guangdong, South China, international adoption, virtual banking system

Japanese consumers prefer card payments to cash amid COVID-19 outbreak, finds GlobalData

14 Aug 2020 | Cards

GlobalData has revealed insights regarding Japan-based consumers’ shifting preferences towards card payments.

GlobalData, research, Japan, electronic payments, COVID-19, contactless payments, Seven-Eleven Japan, debit cards, credit cards, prepaid cards, Visa, Mastercard, JCB, American Express, Diners Club, cards issuers, payment settlement, merchants, card transactions, Sumitomo Mitsui Card, payment cycle

Visa joins Phixius pilot programme, Nacha announces

13 Aug 2020 | Online Payments

Nacha has revealed that Visa joined a list of partners piloting Phixius – a payment-information exchange platform.

Nacha, Visa, Phixius, payments, electronic payments, fraud mitigation, automation, API

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

ACI Worldwide, Three UK extend partnership to combat ecommerce fraud

22 Jul 2020 | Digital Identity, Security & Online Fraud

ACI Worldwide has announced it is extending its partnership with Three UK to combat ecommerce fraud, which has increased during the COVID-19 pandemic.  

ACI Worldwide, Three UK, partnership, ecommerce, payments, fraud, electronic payment, merchants, fraud management

Chinese ride-hailing DiDi to trial China's central bank digital currency

14 Jul 2020 | Cryptocurrencies

DiDi, a large Chinese ride-hailing company, has created a task force to design and implement a trial of China’s central bank digital currency (CBDC) on its transportation platform.

DiDi, ride hailing, central bank digital currency, CBDC, China, DCEP, electronic payments, banks

British fintech ELPASO to roll out banking services in the EU for Ukrainian businesses

06 Jul 2020 | Payments General

Electronic Payment Solutions (ELPASO) has announced plans to launch banking services for Ukrainian entrepreneurs.

Electronic Payment Solutions, ELPASO, banking services, Ukraine, fintech, payments, SEPA, SWIFT,

E-payment network Paysera expands to Kosovo

29 Jun 2020 | Online Payments

The electronic payment network Paysera has announced it is expanding to Kosovo, allowing reduced transfer prices and no crediting fees. 

Pan-Baltic, electronic payments, Paysera, Kosovo, transfers, fees, online payments, safety, online banking, mobile payments, electronic money, payment gateway

Billtrust updates its B2B payments platform

26 Jun 2020 | E-invoicing, SCF & E-procurement

US-based B2B payments solution provider Billtrust has added new functionalities on its Payments platform to help customers as global pandemic continues.

Billtrust, b2b payments, b2b customers, pandemic, payments platform, pay on email, email billing, electronic payment, e-invoicing, invoices, reconciliation, remittances, ERP, online payments, Hosted Payments Page, credit card, Virtual Terminal, PCI-compliance, multi-invoice

ACI Worldwide announces upgrades to its UP Immediate Payments solution

26 May 2020 | Payments General

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, has announced the launch of a series of new capabilities in its UP Immediate Payments solution. 

ACI Worldwide, UP Immediate Payments, real-time electronic payment, banking

A look into Japan's fintech landscape - Tokyo FinTech

11 May 2020 | Online & Mobile Banking

Norbert Gehrke of Tokyo FinTech elaborates on the most important fintech trends in Japan, while highlighting the possible impact of the coronavirus pandemic on the financial services sector

Norbert Gehrke, Tokyo FinTech, fintech, Japan, coronavirus, COVID-19, economy, Tokyo, Netherlands, Switzerland, Taiwan, Sweden, cashless, payments, Germany, merchants, SMEs, Open Banking, banking, electronic payments, PISPs, AISPs, banks, APIs, Financial Services Agency, FSA, startups, digital banks, retail, Emerada, cryptocurrency, Bitcoin, Payment Services Act, PSA, Financial Instruments and Exchange Act, FIEA, security, tokens, exchange, blockchain, transactions