Articles with tag: electronic payments

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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

Card payment value in Indonesia set to cross USD 57 bln in 2023

30 Jan 2020 | Cards

Card payment value is set to increase from USD 44.5 billion in 2019 to USD 57.1 billion in 2023, according to GlobalData, a leading data and analytics company.

GlobalData, Indonesia, cards, electronic payments, cash, EMV

Fiserv, DolEx, Europhil to facilitate retail financial services through AML

17 Jan 2020 | Digital Identity, Security & Online Fraud


Fiserv has unveiled that DolEx Dollar Express and its affiliate, Europhil, will be making use of its technology to facilitate the company’s AML processes.

Fiserv, DolEx, retail, financial services, AML, fraud prevention, risk management, risk profiling, risk scoring, transaction monitoring, KYC, electronic payments, fraud detection

PAX Technology set to enter the Australian market with its range of Android products

16 Dec 2019 | Online Payments

PAX Technology, an electronic payment terminals provider, has announced plans to launch its Android products into the Australian market in 2020.

PAX Technology, electronic payments, online payments, Australia, POS, merchants, payments

Exela Technologies partners with Mastercard on UK "request to pay" solution

01 Oct 2019 | E-invoicing, SCF & E-procurement

UK-based business process automation company Exela Technologies has teamed with Vocalink, a Mastercard company, to deliver a Request to Pay solution in the UK.

Exela Technologies, Mastercard, Vocalink, request to pay, e-billing, business process automation, accounts payable automation, partnership, UK, Europe, electronic payments, e-invoicing, e-billing

Fireside chat with Tim Richards and Paul Rodgers on what needs to be done about SCA

17 Sep 2019 | Digital Identity, Security & Online Fraud

The original deadline for the introduction of SCA on banks and card issuers in the EEA has come and gone, but things haven’t quite gone as planned

SCA, PSD2, electronic payments, merchants, banks, EBA, Tim Richards, Consult Hyperion, Paul Rodgers, Vendorcom, card issuers, card payments, user experience

SAP Concur and AvidXchange team up to enable customer payment processing

19 Jul 2019 | E-invoicing, SCF & E-procurement

AvidXchange has entered a strategic partnership with SAP Concur allowing Concur Invoice customers to process electronic payments through the AvidPay Network of suppliers.

SAP Concur, AvidXchange, payment processing, partnership, invoice, electronic payments

NEC wants to lead Malaysias digital ID project

10 Jun 2019 | Digital Identity, Security & Online Fraud

NEC has entered the competition to lead Malaysia’s digital identification project, as the government prepares to introduce biometric IDs for its 32 million citizens.

NEC, Malaysia, digital ID, biometrics, government, Japan, ecommerce, financial services, electronic payments, identity verification, identity card

Geographic business expansion. What is the key to success?

07 Jun 2019 | Expert Opinion

As the electronic payment market grows, development opportunities surely arise; however, success is not confined to a favourable market. Kostas Noreika of Paysera shares his experience

Kostas Noreika, Paysera, case study, expansion, payments, fintech, electronic payments, money transfer

Nuvei to buy SafeCharge for USD 889 mln

23 May 2019 | Online Payments

US-based payments technology company Nuvei has announced it would buy SafeCharge in an all-cash deal valued at USD 889 million.

Nuvei, SafeCharge, acquisition, payments technology, electronic payments, online payments