Articles with tag like: retail payments

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National Payments Corporation of India onboards 131 new partners

News | Payments General | 09 Nov 2020

National Payments Corporation of India (NPCI) has onboarded 131 new partners for bolstering the retail payments ecosystem in the country, media platform Entrackr reported.

National Payments Corporation of India, NPCI, retail payments, banks, payments, India

Philippines banks to encourage microfinance and e-wallets services use

News | Payments General | 02 Nov 2020

Most Philippines banks are now geared toward microfinance and digital wallets to widen their reach among the micro, small, and medium enterprises (MSMEs) and the unbanked sector.

Philippine, banks, e-wallets, micro lending, payment digitalisation, mobile payments, retail payments

Digital CNY to grow retail payments and prevent USD dominance

News | Cryptocurrencies | 30 Oct 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

China, digital yuan, digital CNY, retail payments, stable coins, digital currency, Bank of China, DCEP, electronic payment

Digital Euro seen as an alternative to 'private digital currencies', ECB

News | Cryptocurrencies | 25 Sep 2020

The European Central Bank (ECB) has been analysing the benefits and risks of a digital currency, according to its president, Christine Lagarde.

European Central Bank, ECB, Christine Lagarde, digital euro, digital currency, cryptocurrency, blockchain, retail payments

ACI Worldwide to update payment switching system for State Bank of India

News | Online Payments | 08 Sep 2020

Real-time digital payments solution provider ACI Worldwide has modernised payments infrastructure for ATM and POS at State Bank of India.

State Bank of India, ACI Worldwide, retail payments, Visa, MasterCard, RuPay, cards, secure payments, ATM, POS, contactless payments, mobile payments, India, Asia, APAC

Multiple ecommerce markets, one strategy: An exclusive interview with PPRO

Interviews | Ecommerce | 24 Jun 2020

Stefan Merz, COO of PPRO, talks about the unique challenges and opportunities of this moment in history for the payments and retail industries

Stefan Merz, PPRO, payments, PSP, PayPal, UK consumers, subscription payments, digital services, retail payments, ecommerce, ecommerce strategy, Europe, iDeal, cards, WeChat Pay, Alipay

HandCash, Anypay implement P2P checkouts for retail and online payments

News | Ecommerce | 01 May 2020

UK-based crypto wallet HandCash and Bitcoin payments services company for merchants Anypay have introduced a peer-to-peer payments communication standard.

Handcash, ANYpay, cryptocurrency, online payments, retail payments, United Kingdom, merchants, retail, eWallet

Coronavirus pandemic causes 60% rise in online shopping in Finland

News | Ecommerce | 07 Apr 2020

E-store platform maker Vilkas Group has estimated that ecommerce sales have gone up 60% in Finland in the last two weeks of March 2020.

Vilkas Group, online shopping, Finland, Nordics, Scandinavia, ecommerce, online payments, retail payments, coronavirus, COVID-19

Banking industry puts forward its vision for future-driven EU payments market

News | Payments General | 01 Apr 2020

European Banking Federation (EBF), European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG) – have issued a new publication that provides a vision of how the EU retail payments framework can move forward. 

European Banking Federation, European Association of Co-operative Banks, European Savings and Retail Banking Group, payments, Europe, retail payments, instant payments, innovation

Mastercard is developing mobile POS solution

News | Ecommerce | 16 Mar 2020

Mastercard has announced it is working with Bulgaria-based payment solutions provider Paynetics to run a four-week trial of a mobile point-of-sale (mPOS) solution.

MasterCard, Paynetics, mobile point-of-sale, mPOS, mobile PoS, ecommerce, retail payments, digital inclusion, merchants, mPOS terminal, Bulgaria, UK, Romania, Germany, Poland, Europe

PAYFORT partners with ValU to help Egyptian installment payments

News | Ecommerce | 26 Feb 2020

UAE-based online payment gateway owen by Amazon PAYFORT has teamed with Egypt-based financial services company valU for installment sales services.

PayFort, VaIU, Online Payment Gateway, partnership, online payments, installment sales, retail payments, ecommerce, merchants, Egypt, EMEA, UAE

Brazilian ecommerce expected to grow 18 percent in 2020

News | Ecommerce | 17 Feb 2020

The Brazilian Electronic Commerce Association has estimated that ecommerce sales in Brazil should reach a of 18% growth this year compared to 2019.

The Brazilian Electronic Commerce Association, Brazil, South America, retail payments, ABComm, ecommerce transactions

Pay UK consults on new standard for UK retail payments

News | Payments General | 06 Feb 2020

Pay.UK has established an industry consultation regarding its recommended approach for UK retail payments, reports Electronic Payments International.

Pay UK, UK, retail payments, standardisation

The Eurosystem welcomes the pan-European initiative for retail payments

News | Online Payments | 28 Nov 2019

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Joint Conference of the ECB and the National Bank of Belgium on “Crossing the chasm to the retail payments of tomorrow

Eurosystem, European Central Bank, PEPSI, The Pan European Payment System Initiative, payments, banks, retail payments, Europe, Global Payments, innovation, banking

China's central bank digital currency to focus on retail payments first

News | Cryptocurrencies | 27 Nov 2019

Former head of the People’s Bank of China has said that the main aim of China’s central bank digital currency (CBDC) is to facilitate retail payments.

People’s Bank of China, central bank digital currency, retail payments, digital currency, bank, payments, China

Retail payments - whats next for shoppers and merchants

Interviews | Mobile Payments | 19 Sep 2019

We sat down with Payvision’s COO, Gijs op de Weegh, to chat about the top trends reshaping retail payments

Payvision, Gijs op de Weegh, retail payments, trends, mobile payments, IOT, in car payments, wearables, trends, ecommerce, Chinese tourists, omnichannel, mobile wallets, machine learning

FIME supports TAICS to standardise contactless payments

News | Payments General | 03 Sep 2019

FIME has supported Taiwan Association of Information and Communication Standards (TAICS) to standardise contactless transit fare collection and micro retail payments.

FIME, contactless payments, retail payments, Taiwan Association of Information and Communication Standards

ALTO, ACI team up for alternative payment methods in Indonesia

News | Online Payments | 30 Apr 2019

ALTO has announced that it is expanding its payments capabilities with ACI Worldwide’s UP Retail Payments solution.

ALTO, ACI Worldwide, alternative payment method, Indonesia, retail payments

Indian bank consortium plans to build a blockchain solution

News | Payments General | 16 Apr 2019

The National Payments Corporation of India (NPCI) has announced plans to use blockchain technology to boost digital transactions.

National Payments Corporation of India, NPCI, India, banks, payment, blockchain, cryptocurrency, settlement, retail payments

Capitec Bank, ACI Worldwide to expand partnership

News | Online Payments | 13 Mar 2019

ACI Worldwide, providing real-time electronic payment solutions, has announced an extension of its partnership with Capitec Bank, one of the largest retail banks in South Africa.

Capitec Bank, payments, ACI Worldwide, partnership, retail payments, retail, electronic payment, UP Retail Payments