Articles with tag: transfers

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Rapyd raises USD 300 mln in Series D financing round

News | Online Payments | 13 Jan 2021

Fintech-as-a-Service company Rapyd has raised USD 300 million in a Series D financing round led by Coatue.

Rapyd, financing round, Series D, Coatue, API, local payment methods, cards, bank transfers, e-wallets

MoneyGram to see the impact on its business arrangement from SEC's lawsuit against Ripple

News | Cryptocurrencies | 24 Dec 2020

MoneyGram has yet to see the impact on its business arrangement with Ripple from the US Securities and Exchange Commission’s (SEC) lawsuit against the latter company.

MoneyGram, XRP, Ripple, SEC, ODL, cross-border settlement, payments, money transfers

Magazine Luiza to acquire payments company Hub in USD 56 mln deal

News | Online Payments | 22 Dec 2020

Brazil-based retailer Magazine Luiza, through its payments arm MagaluPay, has inked a deal to take 100% ownership of the payments firm Hub Prepaid Participações.

Magazine Luiza, Hub, Brazil, MagaluPay, Hub Prepaid Participações, Hub Fintech, prepaid cards, banking-as-a-service, BaaS, API, purchases, deposits, transfers, bill payments, cash withdrawals, recharges

India Post Payments Bank, Department of Posts launch the DakPay app

News | Mobile Payments | 16 Dec 2020

The Indian Department of Posts (DoP) and India Post Payments Bank (IPPB) have launched DakPay, a new digital payment app.

India Post Payments Bank, Department of Posts, DakPay, India, Asia, product launch, digital payment, financial inclusion, money transfers, QR codes, virtual cards, biometric security, utility bill payment

WorldRemit delivers USD bank transfers to Nigeria in time for Christmas

News | Online Payments | 15 Dec 2020

WorldRemit has launched a service for Nigeria-based customers that enables them to receive international transfers in their bank accounts in USD ahead of the Christmas celebrations.

WorldRemit, Nigeria, Central Bank of Nigeria, international transfers, bank transfers, cross-border payments, money transfers, mobile payments, online payments

CHAI raises USD 60 mln in Series B funding

News | Ecommerce | 10 Dec 2020

South Korea-based payments company CHAI has raised USD 60 million in a Series B financing round by Hanwha Investment & Securities.

CHAI, Hanwha Investment & Securities, fund raiser, funds, funding, Series B, payments, credit cards, wire transfers, and digital wallets

Unit raises USD 18.6 mln to offer banking features as a service

News | Online & Mobile Banking | 09 Dec 2020

Unit has built a platform that lets third parties integrate banking services like payment cards, checking accounts, cash advances and money transfers into their own businesses by way of an API.

Unit, banking, payment cards, checking accounts, money transfers

Worldline and PayMyTuition enable more payment options for students across five continents

News | Online Payments | 08 Dec 2020

Worldline has partnered with PayMyTuition to simplify payments for international students and the universities they attend.

Worldline, PayMyTuition, business partnership, tuition, tuition payments, bank transfers, PSD2, global payment processing

TransferGo, Mastercard enable European customers to make secure cross-border payments

News | Online Payments | 07 Dec 2020

TransferGo and Mastercard have partnered to enable customers across 20 European countries to make international money transfers directly to a Mastercard debit or credit card.

TransferGo, Mastercard, business partnership, cards, Europe, international money transfers, cross-border payments, debit card, credit card

Mastercard, ZEN launch digital financial solutions to tackle ecommerce challenges

News | Mobile Payments | 04 Dec 2020

Fintech company ZEN in cooperation with Mastercard have launched a suite of digital finance solutions, enabling consumers to pay both online and in-store with contactless solutions.

ZEN, Mastercard, business partnership, digital finance solutions, contactless payments, cards, Apple Pay, Google Pay, mobile wallets, money transfers, tokenization, ecommerce, cashback

Airopay launches digital payment app in Nigeria

News | Mobile Payments | 03 Dec 2020

Nigeria-based payment infrastructure solution provider Airopay has launched a digital payment app that will allow users to make transactions locally and internationally from their mobile devices.

Airopay, Nigeria, Africa, product launch, mobile payments, transfers, cardless, remittances, bill payments, online purchases

WorldRemit, Digicel International partner to enable mobile wallet transfers in Pacific Islands

News | Mobile Payments | 25 Nov 2020

WorldRemit has partnered with Digicel International to enable international money transfers to mobile wallets for customers in Fiji, Samoa, and Tonga.

WorldRemit, Digicel International, business partnership, international money transfers, mobile wallets, Fiji, Samoa, Tonga, MyCash wallet, mobile payments

Xoom expands US domestic transfer services to debit cards and bank accounts

News | Payments General | 20 Nov 2020

Xoom, a PayPal service, has announced an expansion of its domestic money transfer services in the US, allowing customers to send money directly to a US bank account or debit card.

Xoom, money transfers, debit card, PayPal, US, digital transactions, funds, pre paid mobile phones, cash pickup

Amex enables money transfers and split payments via PayPal and Venmo

News | Mobile Payments | 17 Nov 2020

American Express has launched Amex Send & Split with PayPal and Venmo, to enable its consumers to send money and split purchases with family and friends.

Amex, money transfers, split payments, PayPal, Venmo, mobile payments

expressPay introduces smart POS devices for merchants in Ghana

News | Online Payments | 12 Nov 2020

Financial technology company expressPay has introduced a smart POS device for merchants in Ghana.

expressPay, Ghana, product lauch, POS, merchants, cards, Visa, MasterCard, American Express, QR payments, contactless payments, money transfers

Ripple shifts its regional headquarters to Dubai International Financial Centre

News | Cryptocurrencies | 09 Nov 2020

Ripple, an enterprise blockchain solution for global payments, has established its regional headquarters in Dubai International Financial Centre (DIFC).

RippleNet, blockchain, money exchange, money transfers, cross border payments, DIFC, Dubai, Ripple

WhatsApp launches in-app payments feature in India

News | Mobile Payments | 06 Nov 2020

Facebook-owned WhatsApp has announced the launch of its WhatsApp Pay feature in India.

WhatsApp, WhatsApp Pay, India, Asia, product launch, UPI, mobile payments, bank transfers, security, privacy, iOS, Android

Instant payments system PIX goes live in Brazil

News | Online Payments | 05 Nov 2020

Brazil's instant payments system PIX went live on November 3 with a limited pool of users ahead of the full launch later this month.

PIX, instant payments, Brazil, banks, fintech, transactions, transfers

Rapyd launches payment capabilities in South Korea

News | Payments General | 27 Oct 2020

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

United Overseas Bank launches AI-driven financial management app Mighty Insights

News | Online & Mobile Banking | 21 Oct 2020

United Overseas Bank Malaysia (UOB) has launched Mighty Insights, an artificial intelligence (AI)-based digital banking service.

United Overseas Bank, Malaysia, Mighty Insights, AI, finance, banking, payments, money transfers, finance management, product launch, savings, expenses, financial wellbeing