Articles with tag: remittances

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NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

TerraPay enables instant money transfers to Pakistan

05 Aug 2020 | Payments General

Payments infrastructure company TerraPay has teamed up with Bank Alfalah to launch home remittance services to Pakistan.

TerraPay, money transfers, Pakistan, Bank Alfalah, remittances

Lion International Bank partners with Singapore-based Thunes to launch cash pickup service

04 Aug 2020 | Payments General

Lion International Bank has partnered with global cross-border payment provider Thunes to launch a cash pickup service in Ethiopia. 

Lion International Bank, Thunes, cash pickup, remittances, Ethiopia

InstaReM, SBM Bank India tie-up to support outbound remittance experience

03 Aug 2020 | Payments General

InstaReM, the consumer and SME brand under global fintech platform Nium has partnered with SBM Bank India to support Outbound Remittances from India.

InstaReM, payments, cross border payments, remittances, partnership, India, SBM Bank India, Nium

Hong Kong-based Emq gets USD 20 mln to develop cross border financial tech

28 Jul 2020 | Payments General

EMQ, a Hong Kong-based startup that develops network infrastructure to make international payments faster, has raised a USD 20 million Series B led by WI Harper Group.

cross border remittances, Hong Kong, API, international payments, funding, remittances, online banks digital wallets, ecommerce

Europe e-invoicing market to reach USD 4217.6 mln by 2027 with CAGR of 17.1%

14 Jul 2020 | E-invoicing, SCF & E-procurement

The Europe-based e-invoicing market was valued at USD 1,241.7 million in 2019 and is projected to reach USD 4,217.6 million by 2027 at a CAGR of 17.1%.

e-invoicing, electronic billing, Europe, CAGR, customers, suppliers, trading agreement, invoices, purchase orders, debit notes, credit notes, payment terms, remittances, order to cash, procure to pay

Mastercard supports remitters in MENA region with Cross-Border Services

14 Jul 2020 | Payments General

Mastercard has rolled out Mastercard Cross-Border Services to enable people in the Middle East and North Africa (MENA) region to transfer money amid COVID-19 times.

banks, fintechs, mobile network operators, exchange, remittances, cross border payments, MENA, Mastercard

InstaReM expands fintech solution for SMBs to Australia

07 Jul 2020 | Payments General

InstaReM, a consumer and SMB brand under global fintech platform Nium, has launched SMB fintech solution BizPay in Australia.

InstaReM, remittances, money transfer, cards, debit card, credit card, payments, SMBs, Australia, fintech, Nium

Exclusive interview with Veronica Studsgaard, CEO and Founder of The International Association of Money Transfer Networks

07 Jul 2020 | Payments General

Veronica Studsgaard of IAMTN shares insights about the challenges specific to cross-border remittances, how COVID-19 affects migrants and international money transfers, and the future of this industry

Veronica Studsgaard, IAMTN, International Association of Money Transfer Networks, cross-border payments, remittances, COVID-19, migrants, international money transfers, remittance service providers

UnionPay, MiFinity team up for cross border remittance services

01 Jul 2020 | Payments General

UnionPay has teamed up with MiFinity, a remittance services specialist, to allow overseas Chinese to remit to UnionPay cards issued by 17 domestic banks through MiFinity’s official website and e-wallet.

cross border remittance, cards, UnionPay, remittances,

Transfast, Habib Bank partner for remittances in Pakistan

30 Jun 2020 | Payments General

US-based cross-border payments company Transfast has teamed up with Pakistan-based Habib Bank to allow people to transfer money to Pakistan.

Transfast, Habib Bank, remittances, Pakistan, US, cross-border payments, State Bank of Pakistan, commercial bank, money transfer, expatriates

Billtrust updates its B2B payments platform

26 Jun 2020 | E-invoicing, SCF & E-procurement

US-based B2B payments solution provider Billtrust has added new functionalities on its Payments platform to help customers as global pandemic continues.

Billtrust, b2b payments, b2b customers, pandemic, payments platform, pay on email, email billing, electronic payment, e-invoicing, invoices, reconciliation, remittances, ERP, online payments, Hosted Payments Page, credit card, Virtual Terminal, PCI-compliance, multi-invoice

Commercial Bank Dubai teams up with Thunes

26 Jun 2020 | Payments General

Commercial Bank of Dubai (CBD) has partnered Thunes, a cross-border payment provider, to facilitate transaction flows between the UAE and the rest of the world.

Commercial Bank, Dubai, Thunes, partnership, remittances, cross-border, payments, transactions, UAE, India, Philippines, Pakistan, Bangladesh, banks, mobile wallet, CBD, CBF Mobile App, online banking, banking

Visa and TerraPay partner for real-time payments interoperability

25 Jun 2020 | Payments General

TerraPay, a global payments infrastructure company, and Visa, have announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.

Visa, TerraPay, real-time payments, remittances

Vodacom M-Pesa goes global

17 Jun 2020 | Mobile Payments

Vodacom M-Pesa, a Tanzania-based mobile money service provider, has announced the expansion of its International Money Transfer service portfolio.

Vodacom M-Pesa, tanzania, mobile payments, mobile money, Africa, remittances, Bank of Tanzania

Vodafone selects WorldRemit to enable fund transfers to Fiji

15 Jun 2020 | Payments General

Vodafone has selected WorldRemit as a global partner in a programme to offer cross-border money transfers to Fiji.

Vodafone, WorldRemit, remittances, payments, Fiji

Rewire allows Filipino migrants to pay Social Security System

15 Jun 2020 | Payments General

Rewire has recently partnered with a Philippines government authorised company to offer the needed infrastructure for OFWs, Overseas Filipino Workers, to pay their Social Security System.

Rewire, Social Security System, utility bills, healthcare, neobanking platform, Philippines, remittances

Ayannah, ECAP merge operations

10 Jun 2020 | Payments General

Philippines-based fintech Ayannah has merged operations with India-based PSP Electronic Cash and Payment Solutions (Ecaps).

Ayannah, Ecaps, Philippines, India, fintech, PSP, transaction, Singapore, South East Asia, South Asia, covid-19, digital transactions, payments, remittances, insurance, money transfers, bill payments, ticketing, recharges

MoneyGram, Al Rajhi Bank to support the cross-border payments market in Saudi Arabia

08 Jun 2020 | Payments General

MoneyGram has partnered with Al Rajhi Bank, a large Islamic bank, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.

MoneyGram, Al Rajhi Bank, cross-border payments, Saudi Arabia, remittances, money transfers, mobile payments, partnership

Solving cross-border payments in APAC - interview with Nium

04 Jun 2020 | Payments General

Global fintech platform Nium announced its latest fundraise. Visa, a global digital payments provider, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia.

Nium, Visa, remittances, cross border payments, corporate payments, payments platform, Asia, Pacific, money transfers, mobile payments