Articles with tag: fees

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Robinhood penalised by SEC with USD 65 million for misleading users

News | Payments General | 21 Dec 2020

The Securities and Exchange Commission (SEC) has charged the makers of Robinhood, a popular stock trading app, with ‘misleading customers about revenue sources and failing to satisfy the duty of best execution’.

Securities and Exchange Commission, SEC, Robinhood, trading app, fintech, penalty, US, transaction fees

British supreme court ruling paves the way for GBP 14 bln Mastercard class-action lawsuit

News | Cards | 14 Dec 2020

British supreme court ruling has given the green light to proceed with a GBP 14 billion class action against Mastercard for allegedly overcharging 46 million British consumers for a period of 15 years.

Mastercard, UK, cards, fees, action suit, large companies, merchants, retailers, consumers

WorldRemit waives transfer fees to the Philippines in light of recent natural disaster

News | Online Payments | 05 Nov 2020

UK-based digital payments platform WorldRemit has announced the waiving of their fees on money transfers to the Philippines in light of the recent tropical storm.

WorldRemit, Philippines, Asia, waiving fees, natural disaster, money transfer, remittance

APEXX to boost global payments for ASOS' customers

News | Ecommerce | 04 Nov 2020

APEXX Global, a global payments platform, has teamed up with ASOS, a global online fashion retailer, to optimise global payments.

APEXX, ASOS, merchants, cross border payments, payment methods, cross border fees, banks, partnership

Ecosia, TreeCard to release a wooden debit card

News | Cards | 16 Oct 2020

TreeCard, a free eco-friendly debit card that channels profits from merchant transaction fees directly to tree planting has planned to release a new wooden debit card, according to AltFi.

Search engine, Ecosia, wooden debit card, TreeCard, eco-friendly, debit card, transaction fees, tree planting, investment, financial support, fintech, Europe, European Union, marketplace, fintech platform, Synapse, banking, financial services, card processing, Mastercard

eBay UK to roll out 'Pay As You Grow' scheme for start-ups and small businesses

News | Ecommerce | 12 Oct 2020

eBay UK has announced the launch of the 'Pay As You Grow' offer for UK-based start-ups, removing all fees for first time sellers for their first 100 sales each month.

eBay, UK, Pay As You Grow, listing fees, final value fees, start-ups, online selling

ACI Worldwide advances digital bill payments for students

News | Online Payments | 24 Sep 2020

US-based real-time digital payments provider ACI Worldwide has announced that LeMoyne-Owen College has implemented ACI Speedpay to offer students digital bill payments.

ACI Speedpay, ACI Worldwide, Student Payment Portal, LeMoyne-Owen College, bill payments, B2C payments, online payments, US, United States, student tuition fees, tuition payments, North America

eBay launches Authenticity Guarantee for luxury watches in the US

News | Ecommerce | 10 Sep 2020

eBay, has announced launching 'Authenticity Guarantee', a post-sale authentication service for all watches sold for USD 2,000 or more in the US.

eBay, Authenticity Guarantee, a post-sale authentication service, US, online shopping, shoppers, luxury, escrow payment, third-party authenticator, marketplace, seller fees, managed payments

Pro Payments, BigCommerce, Intuit QuickBooks help merchants to efficiently sync online payments

News | Online Payments | 09 Sep 2020

Pro Payments has announced that its platform takes advantage of the new integration between BigCommerce and QuickBooks.

Pro Payments, BigCommerce, QuickBooks, merchant, payment gateways, Authorize.net, Apple Pay, Amazon Pay, Adyen, Chase Payments, Elavon, NMI, Square, Stripe, PayPal, taxes, refunds, discounts, shipping, QuickBooks Online, QuickBooks Payments, Cash Discount Program, credit card, processing fees

UK-based Mode launches Bitcoin transfers

News | Cryptocurrencies | 24 Aug 2020

Fintech Mode has launched an instant Bitcoin transfers feature, as part of its mission to open up access to the world of digital assets.

Mode, Bitcoin, Bitcoin transfers, UK, fintech, digital assets, Mode app, GBP funds, open banking, faster payments, transactions, referral link, fees

Apple bans Fortnite from the App Store after Epic Games introduces a direct payment option

News | Mobile Payments | 14 Aug 2020

Apple has banned Fortnite from the App Store after its creator, Epic Games added a new direct payment option for in-game currency on mobile.

Apple, Fortnite, App Store, Epic Games, direct payment option, in-game currency, V-Bucks, Google, payment options, iOS In-App Payment Processing Market, marketplace, payment method, fees

US-based remote working fintech Deel launches in Europe

News | E-invoicing, SCF & E-procurement | 13 Aug 2020

Fintech startup Deel has launched in Europe in hopes to streamline the work from home process through its online platform.

US, Europe, remote working, fintech, Deel, work from home, online platform, remote workers, currencies, legal fees, due diligence, local law, tax system, international payroll process, WeTransfer

'As more sites add EMV at the pump, fraudsters will likely focus on those pumps without EMV'

News | Digital Identity, Security & Online Fraud | 12 Aug 2020

Mercator Advisory Group and Transaction Network Services (TNS) have revealed data regarding liability shift costs and how this makes retailers an easy target for fraud.

Mercator Advisory Group, Transaction Network Services, TNS, liability shift, retailers, EMV, chargeback, compliance fees, chargebacks, fraud

Bexs Banco partners with PayMyTuition

News | Online Payments | 12 Aug 2020

Brazil-based Bexs Banco has partnered with PayMyTuition, a Canada-based payments company, to offer students an alternative to making tuition payments overseas.

Bexs Banco, PayMyTuition, partnership, Brazil, fees, Canada, payments, digital, education, Google, transaction

Vesta, Plaid join forces for guaranteed ACH payments

News | Digital Identity, Security & Online Fraud | 12 Aug 2020

Vesta has integrated with Plaid to launch Guaranteed ACH, a payment solution that enables online automated clearing house (ACH) payments.

Vesta, integration, Plaid, ACH payments, fraud, fees, account authentication, payment methods, merchants, risks

OKEx rolls out P2P trading platform in India

News | Cryptocurrencies | 05 Aug 2020

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

News | Payments General | 04 Aug 2020

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

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

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

News | Online & Mobile Banking | 03 Aug 2020

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

News | Ecommerce | 27 Jul 2020

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