Articles with tag: payments

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TikTok, Shopify partner to reach younger audiences through social commerce

27 Oct 2020 | Ecommerce

TikTok has partnered with ecommerce platform Shopify to allow merchants to reach TikTok’s younger audience through shoppable content.

TikTok, ecommerce, Shopify, merchants, TikTok, shoppable content, online payments, social commerce

Pakistan-based Meezan Bank, BPC partner for digital payments

27 Oct 2020 | Online & Mobile Banking

Digital PSP BPC has partnered with Meezan Bank to deliver its digital transformation agenda starting with the upgrade of its payment infrastructure. 

Pakistan, Meezan Bank, BPC, digital payments, partnership, SmartVista, platform, issuing, acquiring, Islamic bank, card management

Tinder, EBANX partner to provide local payment methods in LATAM

27 Oct 2020 | Payments General

Fintech EBANX and dating app Tinder have partnered for subscription payments in Latin America. 

Tinder, EBANX, payments, LATAM, fintech, subscription payments, Latin America, credit cards, debit cards

Use of cash has decreased, while PaaS platforms increase during the COVID-19 pandemic

27 Oct 2020 | Online Payments

A report from Grand View Research has revealed that the global payments as a service market size is expected to reach USD 25.7 billion by 2027.

Grand View Research, report, research, payments as a service, PaaS, merchants, digital money, contactless payments, e-wallets, digital wallets, COVID-19, pandemic, cash transactions, payee

Viva Wallet offers Google Pay in 11 countries

27 Oct 2020 | Mobile Payments

Viva Wallet has brought Google Pay to its offering, enabling customers to pay in a safer, contactless way through their phones and wearables.

Viva Wallet, Google Pay, contactless payments, mobile payments, Mastercard, Apple Pay, online transactions, in-app transactions

JazzyPay offers digital payment system to merchants

27 Oct 2020 | Mobile Payments

JazzyPay, a web and mobile app that allows businesses to accept cashless payments, has announced the launch of a new digital payment system for merchants.

JazzyPay, digital payments, cards, digital wallets, QR, merchants

Rapyd launches payment capabilities in South Korea

27 Oct 2020 | Payments General

UK-based fintech Rapyd has launched its ‘all-in-one’ payment capabilities in South Korea.

Rapyd, South Korea, payments, cards, mobile wallets, bank transfers, vouchers, payment service providers

GameStop, Klarna to offer buy now, pay later option to the gaming community

27 Oct 2020 | Ecommerce

Klarna has announced an agreement with GameStop to provide the US-based video game retailer access to its buy now, pay later payment service.

GameStop, Klarna, US, buy now pay later, payments, gaming

Moneytech takes part in Australia's SME Guarantee Scheme

27 Oct 2020 | Payments General

Moneytech has gotten the approval to take part to Australia’s SME Guarantee Scheme, enabling the group to now provide support to SMEs affected by the COVID-19 pandemic.

Moneytech, SME Guarantee Scheme, payments, business loans, lending, finance, SME, COVID-19, Australia

TerraPay obtains money services business licence to enable remittances from Canada

27 Oct 2020 | Payments General

Netherlands-based global payments infrastructure company TerraPay has secured its MSB registration from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), reports Electronic Payments International.

TerraPay, licence, remittances, Canada, cross-border payments, money transfer

Gala Tent launches open banking solution for payments with Gala Technology and Nuapay

27 Oct 2020 | Payments General

UK-based manufacturer and supplier of commercial marquees and gazebos, Gala Tent, has announced the launch of an open banking application programme interface (API) for payments. 

Gala Tent, open banking, payments, Gala Technology, Nuapay, product launch

The Bureau issues ANPR requesting information related to consumer access to financial records

27 Oct 2020 | Online & Mobile Banking

The Consumer Financial Protection Bureau (Bureau) has issued an advance notice of proposed rulemaking (ANPR) requesting information related to consumer access to financial records.

Consumer Financial Protection Bureau, data, payments, personal financial management, security, data access

Riyad Bank, JCBI work towards financial inclusion

26 Oct 2020 | Payments General

Saudi Arabia-based Riyad Bank has partnered with JCB International to enable the acceptance of JCB Cards at POS, online, and ATMs throughout the Kingdom of Saudi Arabia.

Riyad Bank, JCB International, JCB, Saudi Arabia, partnership, payments, financial inclusion, cashless, Vision 2030

PayPal users to spend USD 50 bln by 2022 with crypto payments, Reuters

26 Oct 2020 | Cryptocurrencies

PayPal has received a conditional Bitlicense by the New York State Department of Financial Services (NYDFS) to launch a new service, according to Reuters.

PayPal, cryptocurrency, payments, Reuters, Bitlicense, US, New York State Department of Financial Services, NYDFS, digital wallet, Bitcoin, Ethereum, Bitcoin Cash, Litecoin

Payment methods in 2020 – The global overview

26 Oct 2020 | Online Payments

Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography. 

Payment Methods Report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, Tap-on-Phone, POS, mobile POS

Mastercard, Atlantis to expand digital banking programme in India

23 Oct 2020 | Online & Mobile Banking

Mastercard has announced its partnership with Atlantis, a Singapore-based fintech company, to provide users in India with a streamlined digital banking experience.

Mastercard, Atlantis, partnership, online banking, India, Digital First Program, digital banking, digital payments, mobile app

WhatsApp Business to launch in-app shopping button in India

23 Oct 2020 | Ecommerce

WhatsApp has launched a shopping button that allows customers worldwide to browse merchants’ catalogues, and the feature will soon be available for Indian users as well.

WhatsApp, merchants, payments, QR, in-app shopping

Kenyans can now use mobile payments for gambling

23 Oct 2020 | Mobile Payments

The Kenya National Assembly’s Sports, Culture and Tourism Committee has announced that mobile payments can now be accepted by gaming operators.

Mobile payments, Kenya, gambling, Gaming Bill 2019, card payments, gaming

PayMaya introduces all-in-one digital payments device

23 Oct 2020 | Online Payments

Philippines-based mobile payments platform PayMaya has introduced PayMaya One Lite, a pocket-sized device capable of accepting all types of digital payments, including cards, e-wallets, and QR.

PayMaya, Philippines, payments, mobile payments, e-wallet, QR, cards, digital payments

Alliance Data selects Fiserv for credit card processing services

23 Oct 2020 | Cards

US-based payment solutions provider Alliance Data Systems Corporation has signed an agreement to transition credit card processing services to payments and financial tech provider Fiserv.

Alliance Data Systems Corporation, Fiserv, partnership, credit card processing, United States, payments service proviser, online payments, credit cards, cards,