Articles with tag like: transaction 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

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

Singtel launches mobile payments solution for prepaid customers

News | Mobile Payments | 26 Jun 2020

Singapore-based telco Singtel has enabled prepaid customers to use their NETS ATM bank cards to make top-ups and purchases directly on their mobile devices. 

Singtel, Singapore, telco, prepaid customers, mobile payments, NETS ATM, cards, NETS Click, DBS, OCBC, UOB, digital cards, hi!App, payment method, contactless payments, unbanked, retail, COVID-19, transaction fees

PayPal launches QR code contactless payments In Canada, with zero transaction fees

News | Mobile Payments | 26 Jun 2020

PayPal has rolled out QR code payments in Canada, enabling contactless mobile payments through the PayPal app. 

PayPal, Canada, contactless payments, mobile payments, QR code, transaction fees, merchants, coronavirus, Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Sweden, Switzerland, Spain, United Kingdom, United States.

Paychex, PayActiv help business and employees with on-demand pay option

News | Online Payments | 02 Apr 2020

Paychex and PayActiv have aligned to offer a cash incentive for businesses looking to provide workers with immediate access to their earned wages, and to waive employee transaction fees.  

Paychex, PayActiv, on-demand pay, COVID-19, payroll, insurance, coronavirus, wages, transaction fees, mobile application

Coinbase allows businesses to accept USD Coin for payments

News | Cryptocurrencies | 22 May 2019

US-based cryptocurrency exchange platform Coinbase announced that USD Coin could be used as a mode of payment by businesses using Coinbase Commerce.

Coinbase, commerce, USD Coin, payments, US, exchange, stablecoin, cash, merchants, transaction fees, chargebacks, funds, transactions

South Korea to launch Open Banking in December 2019

News | Payments General | 16 Apr 2019

The Financial Services Commission (FSC), South Korea’s financial regulator, has announced plans to launch an Open Banking system by the end of 2019.

Financial Services Commission, FSC, Open Banking, APIs, South Korea, fintech, innovation, payments, transaction fees, data privacy

NiYO launches forex card with no fees for travellers

News | Cards | 29 Jan 2019

Digital banking solutions provider NiYO has unveiled a forex card with ‘zero forex mark-up’ for travellers.

NiYO, forex card, transaction fees, digital banking

Metropolitan Commercial Bank plans to issue MCO Visa Cards

News | Cards | 20 Nov 2018

Metropolitan Commercial Bank and Crypto.com have planned to rollout the MCO Visa Card program in the US, following its launch in Singapore in October 2018.

Metropolitan Commercial Bank, US, cards, cryptocurrency, exchange fees, ATM withdrawals, ID verification, transaction fees

PullPayment Solution 2.0 launched on Mainnet

News | Cryptocurrencies | 02 Nov 2018

PumaPay’s PullPayment Protocol solution 2.0 has launched on Mainnet, enabling cryptocurrency transactions between merchants and customers.

PumaPay, cryptocurrency, recurring billing, transaction fees, blockchain, cryptocurrency wallet, Token

OpenNode purchases OpenNode.co beta

News | Cryptocurrencies | 02 Nov 2018

OpenNode, the multi-layered bitcoin payment processor for merchants, has announced the launch of its OpenNode.co beta, presenting new features.

OpenNode, Bitcoin, merchants, instant settlements, micropayment models, transaction fees

Visa, Mastercard to settle lawsuit over credit card fees

News | Payments General | 21 Sep 2018

Visa and Mastercard have announced intentions to pay USD 6.2 billion to settle part of a long-running lawsuit brought by merchants over fees on credit card transactions.

Visa, MasterCard, credit cards, transaction fees, payments, merchants, lawsuit, US