Articles with tag: fees

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OKEx rolls out P2P trading platform in India

05 Aug 2020 | Cryptocurrencies

Crypto exchange OKEx has announced the launch of a peer-to-peer trading platform in India, allowing users to buy cryptocurrencies with INR without fees.

OKEx, P2P trading, trading platform, India, peer to peer trading, cryptocurrency, INR, fees, Bitcoin, USDT, UPI, IMPS, NEFT, digital currencies, Reserve Bank of India, bank lift, local exchanges, CoinDCX

Westpac NZ rolls out new merchant fee pricing structure

04 Aug 2020 | Payments General

Westpac NZ has revealed it is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses.

Westpac NZ, merchant, fees, small businesses, fraud prevention, merchant support, payment processing, debit transactions, credit transactions

BNY Mellon offers SWIFT gpi Case Resolution service

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

BNY Mellon has collaborated with SWIFT to offer the gpi Case Resolution service to US-based clients.

BNY Mellon, SWIFT, gpi, Case Resolution, US, United States, client-centric payment services, global payments innovation, cloud, banks, inquiries, compliance, payments, cross-border payments, fees

Bottomline launches Pay Direct to boost cash collection for businesses

03 Aug 2020 | Online & Mobile Banking

UK-based fintech Bottomline has announced the launch of Pay Direct, an open banking payment initiation service enabling companies to receive online payments from customers.

Bottomline, Pay Direct, cash collection, open banking, payments, online payments, fintech, online purchase, merchants, customers, payer, open banking payment initiation service, UK, United Kingdom, Faster Payments, online businesses, card fees, reconciliation, direct debits, card processing, banks

Google waves fees for sales made via Buy on Google

27 Jul 2020 | Ecommerce

Google has announced is helping retailers to sell products in search results by waiving fees for sales made via the ‘Buy on Google’ option.

Google, retailers, fees, Buy on Google, zero commission fees, checkout, ecommerce, Shopify, PayPal, payment processing options, inventory, Google Shopping tab, US

The A-Z of the Interchange Fee Regulation and how it shifts the industry – Interview with Payments Europe

24 Jul 2020 | Online Payments

Robrecht Vandormael, Secretary General from Payments Europe, explains the impact of the European Interchange Fee Regulation on merchants, card issuers, and payment providers and what we can expect from the future.

Robrecht Vandormael, Payments Europe, Interchange Fee Regulation, Regulation on Interchange Fees for Card-based payment transactions, European Commission, EY, Copenhagen Economics, interchange fees, cards, credit cards, card issuers, Belgian Minister of Economy, PSD2, SCA, payments, POS, merchants, retail, ecommerce

Japan to review bank transfer fees

03 Jul 2020 | Payments General

Japan’s government has announced plans to conduct a review of bank transfer fees.

bank transfer fees, banking, fintech, digitalisation, digital payment infrastructure, Japan

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

Singtel launches mobile payments solution for prepaid customers

26 Jun 2020 | Mobile Payments

Singapore-based telco Singtel has enabled prepaid customers to use their NETS ATM bank cards to make top-ups and purchases directly on their mobile devices. 

Singtel, Singapore, telco, prepaid customers, mobile payments, NETS ATM, cards, NETS Click, DBS, OCBC, UOB, digital cards, hi!App, payment method, contactless payments, unbanked, retail, COVID-19, transaction fees

PayPal launches QR code contactless payments In Canada, with zero transaction fees

26 Jun 2020 | Mobile Payments

PayPal has rolled out QR code payments in Canada, enabling contactless mobile payments through the PayPal app. 

PayPal, Canada, contactless payments, mobile payments, QR code, transaction fees, merchants, coronavirus, Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Sweden, Switzerland, Spain, United Kingdom, United States.

Mobile Money, Orange Money fees to be reinstated as COVID-19 restrictions reduce

23 Jun 2020 | Mobile Payments

Lonestar Cell MTN and Orange Liberia have announced that starting from 1 July 2020 all fees waived on Mobile Money  and Orange Money transactions will be reinstated.

Lonestar Cell MTN, Orange Liberia, transactions fees, Mobile Money, MoMo, Orange Money, Central Bank of Liberia, digital payments, merchants, p2p, COVID-19

Supreme court rules in favour of merchants in landmark interchange fee case

18 Jun 2020 | Payments General

The UK Supreme Court has unanimously upheld the decision of the Court of Appeals in the interchange litigation case, finding the interchange fees set by Visa and Mastercard to be anti-competitive.

Visa, Mastercard, interchange fees, merchants, payments, retailers, card payments, UK

Mastercard and Visa lose legal round against UK retailers

18 Jun 2020 | Payments General

UK’s Supreme Court has come down to the decision that Visa and Mastercard infringed EU antitrust rules by illegally restricting competition in the acquiring market.

UK, Mastercard, Visa, retail, retailers, Sainsbury’s, Morrisons, Asda, Argos, transactions, multilateral interchange fees, MIFs, Court of Appeal, Europe, European Unions

Amazon Shipping rolls out in the UK

18 Jun 2020 | Ecommerce

Amazon has launched Amazon Shipping in the UK, making it its first market outside the US where the company is offering its service for ecommerce retailers. 

Amazon Shipping, UK, Amazon, ecommerce, online retailers, shipment rates, custom rate card, Veeqo, Linnworks, ShipStation, ChannelAdvisor, Despatch Cloud, Mintsoft, Scurri, Metapack, residential delivery, peak fees

Novatti Group, AliPay team up to enable Chinese customers pay Australian bills

15 Jun 2020 | Online Payments

Novatti Group’s cross-border payments platform ChinaPayments has been added to the home page of an app run by China-based third-party mobile and online payment platform AliPay.

Novatti Group, partnership, AliPay, China, payments, Australian bills, digital banking, online payments, mobile payments, fees, council rates, phone charges, rents, cash flow

BlueSnap, Splitit to facilitate instalment payment transactions

04 Jun 2020 | Online Payments

BlueSnap has revealed its integration with Splitit in a partnership that will facilitate the merchant and customer experience on instalment payment transactions. 

BlueSnap, Splitit, merchant, customer experience, instalment payments, payment transactions, credit card, payment gateway, accounts, cart abandonment, checkout, omnichannel, fees

Signifyd announces ML solution for authorisation rate optimisation

03 Jun 2020 | Digital Identity, Security & Online Fraud

Signifyd has revealed the launch of its Authorisation Rate Optimisation solution, a powerful tool to maximise online retailers’ conversion rates.

Signifyd, launch, machine learning, ML, autorisation, retailers, conversion rates, fraud rings, order declines, online transactions, ML, data, gateways, fees, banks, fraud

Rwanda waives charges on digital payments

26 May 2020 | Mobile Payments

The National Bank of Rwanda has instructed mobile network operators (MNOs) to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.

The National Bank of Rwanda, Rwanda, MNOs, wallets, merchant fees, mobile payments, mobile transactions, COVID-19, digital payments, cash

Toast launches alternative delivery fee service to aid restaurants

04 May 2020 | Ecommerce

US-based restaurant management platform Toast has debuted a new delivery system that aims to help restaurants during the COVID-19 pandemic.

Toast, launch, delivery fees, flat service fee, ecommerce, US, Toast Now, Toast Online Ordering, Toast Takeout, electronic gift cards, COVID-19

Covid-19 will spur EU payments dirigisme and protectionism

01 May 2020 | Online Payments

Eric Grover, Principal at Intrepid Ventures, analyses how the Covid-19 pandemic fuels EU’s dirigisme in payments by highlighting the main changes that were made

Eric Grover, Intrepid Ventures, COVID-19, payments, cards, fees, acquirers, banking, credit card interchange, US, EU, Visa, Mastercard, Pepsi