Articles with tag: electronic payments

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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

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

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

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

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

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

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

EFG Hermes, Paytabs partner for new electronic payments services in Egypt

15 Apr 2020 | Online Payments

Egypt-based bank EFG Hermes and online payment service Paytabs have signed a partnership to launch a new platform providing electronic and digital payment services.

EFG Hermes, Paytabs, Egypt, onlyne payments, digital payments, electronic payments, MENA, bank, payments service provider

International electronic payment providers to boost central bank's efforts in Cambodia

14 Apr 2020 | Payments General

The increased number of banks and mobile platform payment services across Cambodia has aided the efforts of the National Bank of Cambodia (NBC) to boost circulation of the riel within the country.

UnionPay, Visa, Mastercard, electronic payments, cash, central bank, Cambodia, cards, contactless payments

Same Day ACH dollar limit increases from USD 25k to USD 100k

23 Mar 2020 | Payments General

The dollar limit per payment, for Same Day ACH, quadrupled to USD 100,000 on March 20, 2020.

NACHA, payments, insurance, real time payments, Same Day ACH, US, electronic payments

China's electronic payments up to 62 billion in Q4 2019

19 Mar 2020 | Mobile Payments

Digital and mobile payments have grown significantly in the last quarter of 2019 in China.

China, mobile payments, digital payments, banks, transactions, electronic payments, study

Egypt's central bank to support e-payments, fintech, and more

17 Mar 2020 | Payments General

Measures to support electronic payment system and financial technology (fintech) have been reviewed by the Central Bank of Egypt (CBE).

e money, Maaza, fintech, registry, settlements, payment cards, PIS, cash contactless payments, electronic payments, Central Bank of Egypt, CBE

GK Software unveils eWIC certification for modern payments process

12 Mar 2020 | Online Payments

GK Software has announced the completion of Custom Data Processing’s (CDP) certification for online eWIC payments. 

GK Software, eWIC certification, CDP, payments, electronic payments, retailers, checkout, transactions

Paga, Flutterwave, links users to international merchants

06 Mar 2020 | Online Payments

Nigeria-based fintech Paga has collaborated with merchant payments platform Flutterwave to allow Paga users to access products from merchants on the Flutterwave service.

Flutterware, Paga, online payments, Africa, electronic money, electronic payments, payments infrastructure, merchant payments platform,

ACH Alert reveals how e-payments can offer better banking experiences

12 Feb 2020 | Digital Identity, Security & Online Fraud

 

ACH Alert has released its latest white paper, dubbed ‘Providing a Pleasant Banking Experience with Electronic Payments’.

ACH Alert, electronic payments, banking, white paper, fraud prevention, financial institutions, online banking, banking fraud