Articles with tag like: electronic payment

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Digital CNY to grow retail payments and prevent USD dominance

News | Cryptocurrencies | 30 Oct 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

China, digital yuan, digital CNY, retail payments, stable coins, digital currency, Bank of China, DCEP, electronic payment

China tests its CBDC in Shenzen

News | Online Payments | 20 Oct 2020

China’s USD 1.5 million digital Yuan giveaway has completed successfully, with winners spending around 88% of the total prize pool.

CBDC, digital yuan, China, digital currency, electronic payment, PBOC

RBI report recommends incentives to popularise QR code transactions in India

News | Mobile Payments | 23 Jul 2020

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

News | Digital Identity, Security & Online Fraud | 22 Jul 2020

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

Billtrust updates its B2B payments platform

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

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, Hi-Pay team up to create a payments gateway service in Mongolia

News | Online Payments | 16 Apr 2020

High Payment Solutions (Hi-Pay) has launched its new payments hub using multiple ACI Worldwide solutions to create Mongolia’s first payments gateway service. 

ACI Worldwide, collaboration, Hi-Pay, Mongolia, payments, electronic payment, banking solutions, gateway, cross-border, ecommerce, payments hub, fraud management, banks, card schemes, loyalty schemes, QR code, merchants

ACI Worldwide reveals ML capability for payment fraud reduction

News | Digital Identity, Security & Online Fraud | 10 Mar 2020

ACI Worldwide has announced the launch of its new ‘Incremental Learning’ technology – an industry-first approach to machine learning.

ACI Worldwide, launch, machine learning, payment fraud, banks, merchants, electronic payment, banking, ML, financial institutions, risk management, ecommerce, fraud prevention

ACI Worldwide, Internal Revenue Service facilitate online tax payments

News | Online Payments | 25 Feb 2020

ACI Worldwide and the Internal Revenue Service (IRS) have facilitated the online payment process for taxpayers. 

ACI Worldwide, payments, online tax, internal revenue, electronic payment, banking, online payments, e-payments, IRS, bills, credit cards, debit cards, electronic checks, POS

Mastercard, SumUp team up for electronic payment acceptance

News | Cards | 25 Jul 2019

Mastercard and SumUp have announced a new partnership that will increase the number of electronic payment acceptance locations across 27 European countries.

MasterCard, SumUp, partnership, electronic payment, cards, Payment Acceptance, Europe, card reader, payment method

Payseras vision: a world where electronic payments have no boundaries – interview with Kostas Noreika

Interviews | Interviews | 04 Jul 2019

One of Paysera’s founders and main shareholders, Kostas Noreika, talks about the company’s journey so far and how it strives to innovate B2B electronic payments

Paysera, Kostas Noreika, ecommerce, electronic payment, e-money license, transfers, IBAN, accounts, transfers, European Economic Area, online payments, banking license, fintech, mobile app, bill splitting, savings, debit card, banks, financial institutions

China to facilitate cross-border ecommerce settlement

News | Ecommerce | 03 May 2019

The State Administration of Foreign Exchange (SAFE) in China has issued a guideline to facilitate the settlement for cross-border ecommerce.

The State Administration of Foreign Exchange, China, guideline, cross-border ecommerce, electronic payment, ecommerce

Capitec Bank, ACI Worldwide to expand partnership

News | Online Payments | 13 Mar 2019

ACI Worldwide, providing real-time electronic payment solutions, has announced an extension of its partnership with Capitec Bank, one of the largest retail banks in South Africa.

Capitec Bank, payments, ACI Worldwide, partnership, retail payments, retail, electronic payment, UP Retail Payments

UAE ecommerce sector to reach USD 27 bln by 2020

News | Ecommerce | 17 Dec 2018

The value of ecommerce in the UAE is expected to reach USD 27.2 billion by 2020, according to a recent study by the World Economic Forum.

United Arab Emirates, ecommerce, World Economic Forum, electronic payment

46 percent of all UK payments are contactless, research finds

News | Online Payments | 24 Sep 2018

Mastercard research has found that 46% of all UK payments are contactless.

UK, MasterCard, contactless transaction, research, Europe, electronic payment, TfL, cards