Articles with tag: payments system

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Egypt launches national trial of digital platform for government services

01 Sep 2020 | Online Payments

Egypt’s Ministry of Communications and Information Technology has announced the month-long nationwide trial of the Digital Egypt platform.

Egypt, online payments system, online payments, Ministry of Communications and Information Technology, Digital Egypt, online payments platform, public utilities, MENA

Tauros and Visa to launch debit card with crypto cashbacks

10 Aug 2020 | Cards

Mexico-based fintech Tauros and Visa have struck a partnership aimed to launch a debit card with crypto cashbacks.

Tauros, Visa, debit card, e-wallet, cards, payments, Mexico, crypto payments, Mexican pesos, Dash, ecommerce payments system, Latin America, LATAM

eBay to launch its new payments system, as PayPal agreement expires

21 Jul 2020 | Ecommerce

eBay has planned to roll out new payments system, as its operating agreement with PayPal has officially come to an end.

eBay, launch, payments system, PayPal, agreement, managed payments, payment methods, shoppers, online shopping, Adyen, risk management, payments customer service

PSR's Confirmation of Payee goes live

02 Jul 2020 | Online Payments

Six UK-based banking groups, covering around 90% of bank transfers, have fully implemented the Payments Systems Regulator’ Confirmation of Payee with effect from 30 June 2020.

UK, United Kingdom, PSR, Payments Systems Regulator, Confirmation of Payee, CoP, bank transfers, banking groups, Lloyds, Bank of Scotland, Halifax, Royal Bank of Scotland, NatWest, Ulster Bank, HSBC, First Direct, Barclays, Santander, Nationwide, payments, TSB, Authorised Push Payment, APP scams

WhatsApp Payments suspended by the Central Bank of Brazil

24 Jun 2020 | Mobile Payments

The Central Bank of Brazil has suspended Facebook’s WhatsApp messenger payment feature in the country.

Central Bank of Brazil, WhatsApp, Brazil, digital payments, Mastercard, Visa, Facebook, India, Mexico, payments system, data privacy

Japan's JCB, TECHFUND sign strategic partnership

18 May 2020 | Cards

JCB, a Japan-based credit card and payments company, has teamed up with TECHFUND, a technology startup accelerator, to build a payment system using blockchain.

JCB, TECHFUND, blockchain, Japan, B2B payments system, cards, distributed ledger technologies, Asia

HPS introduces QR-based national payment system to Saudi Arabia

06 Mar 2020 | Mobile Payments

Payment software company HPS has been appointed by Saudi Payments to provide a QR code platform for banks, wallet providers and fintechs to interact seamlessly.

HPS, QR payments system, product launch, national mobile payments system, QR payments, mobile payments, Saudi Arabia, fintech, bank, e-wallet, wallet operator, MENA, Middle East

Utility Settlement Coin to team up with Adhara to develop digital money

25 Feb 2020 | Cryptocurrencies

Utility Settlement Coin (USC), a blockchain-based payments system involving commercial and central banks, will be working with Adhara, a stratup backed by ConsenSys, CoinDesk has learned.

Utility Settlement Coin, blockchain, cryptocurrency, payments system, central banks, commercial banks, Fnality, Quorum, CBDC

National Bank of Cambodia gets ready for a blockchain-based digital currency

31 Jan 2020 | Cryptocurrencies

The National Bank of Cambodia (NBC) has been readying a central bank digital currency (CBDC) to be launched at some point during the current fiscal quarter.

National Bank of Cambodia (NBC), payments system, blockchain, P2P, central bank digital currency, debit cards, central bank

US fintech Kabbage launches new payment service for SMEs

28 Oct 2019 | Online Payments

Kabbage, a US-based fintech backed by Softbank, has launched a payments service that is said to cut the time it takes SMEs to get paid from 90 days to 24h.

Kabbage, SoftBank, fintech, financial technology, product launch, payments app, payments system, B2B payments, US, United States, SMEs, invoice, payment order, monthly fee, Kabbage Payments,

BitPay rolls out support for Ethereum

17 Sep 2019 | Cryptocurrencies

BitPay, a global blockchain payments provider, has announced that its customers will soon be able to accept Ethereum.

BitPay, blockchain, crypto payments, wallet payments, payments system, Ethereum, merchants

Brazils Central Bank to implement Instant Payment System

04 Sep 2019 | Payments General

Brazil’s Central Bank has announced that it will be responsible for developing the database and system administration for a instant payments system.

Brazils Central Bank, Instant Payments System, instant payments, bank, Brazil, South America,

The US Federal Reserve to launch real-time payment service by 2024

06 Aug 2019 | Payments General

The US Federal Reserve has announced it will build and operate a real-time payments system.

The US Federal Reserve, real-time payments, instant payments, US, North America, real-time payments system, FedNow, secure payments, The Clearing House, credit union,

Upco International announces launch of new POS payments system

06 Jun 2019 | Payments General

Upco International has announced it has launched a new POS payments system, called Upcopoint, which will be available across Europe.

Upco International, launch, POS, payments system, Upcopoint, Europe

Saudi Payments to introduce national payments system in Saudi Arabia

16 May 2019 | Online Payments

Saudi Payments has signed a MoU with banks and financial technology companies to implement a QR-based national payment system in Saudi Arabia.

Saudi Payments, payments system, Saudi Arabia, SAMA, merchant, bank

Banco de México, Amazon in talks about new mobile payments system

07 Mar 2019 | Payments General

Banco de México, the country’s central bank, has been in talks with Amazon to launch a new government-backed mobile payments system.

Banco de México, Amazon, Banxico, launch, mobile payments system, online purchases, QR codes, CoDi, mobile payments

Tinkoff Bank among first adopters of Faster Payments System in Russia

28 Feb 2019 | Payments General

Tinkoff Bank has become an early adopter of the Bank of Russia’s Faster Payments System (FPS) as it continues to build out its payment services ecosystem.

Tinkoff Bank, Faster Payments System, Russia, instant payments

BizPayO integrates with QuickBooks

14 Jan 2019 | E-invoicing, SCF & E-procurement

US-based accounting electronic payments system BizPayO has integrated with QuickBooks to set up recurring payments and sync with QuickBooks from one platform.

BizPayO, QuickBooks, product integration, US, North America, e-invoicing, spend management, accounts payable automation, accounting electronic payments systemre, curring payments