Following its recent US acquisition of iPayment Holdings, Inc., payments solutions provider Paysafe (LON:PAYS), parent company of Skrill and NETELLER, has announced it plans to sunset the iPayment brand and replace it with its own recently re-launched brand identity and ‘Plug into Paysafe’ proposition. The over-hauled Paysafe brand strategy, which was revealed in May, and is…
Read more
Research from payments services company Paysafe Group Plc (LON:PAYS) outlines balance between convenience, data privacy and risk as online retail overtakes offline The majority of UK consumers now accept the risk of fraud when shopping online as eCommerce shows no signs of slowing down, according to findings from Paysafe. 70% now prefer shopping online rather…
Read more
CurrencyFair, a provider of International Money Transfer services to consumers and businesses worldwide has today announced a major expansion into Asia through the acquisition of Hong Kong based, Convoy Payments Limited (Convoy Payments), a subsidiary of Convoy Global Holdings Limited (Convoy Global, Stock code: 1019.HK). This acquisition accelerates CurrencyFair’s entry into the Asian market and…
Read more
The Nigerian Stock Exchange (NSE) has announced the launch of X-Pay on Friday, August 3, 2018. X-Pay, the e-payment platform for the Exchange, will enable users to conveniently make payments for products, services, events and trainings offered by the bourse. X-Pay can be accessed on PCs, tablets, smartphones and other mobile devices. With features like…
Read more
The Financial Conduct Authority (FCA) has just informed the public that it is consulting on rules and guidance to improve conduct standards and communications in the payment services and e-money sectors. The Consultation Paper proposes to extend the application of the Principles for Businesses and certain specific rules about promotions and communications so that they…
Read more
Integrated global payments platform ZED Network has announced a strategic partnership agreement with IdentityMind Global™, Digital Identities You Can Trust, whereby ZED Network will use IdentityMind Global’s Version 2.0 platform to meet know your customer (KYC) and anti-money laundering (AML) compliance requirements for ZED Network Money Transfer Operators (MTO) worldwide. We’re pleased to work with…
Read more
European payments provider Klarna has just announced a partnership with Europe’s largest independent online beauty retailer, BEAUTY BAY. BEAUTY BAY customers will now be able to use Klarna’s Pay later service when checking out online, enabling shoppers to receive their products and pay for them up to 30 days later, with no interest or fees.…
Read more
Netherlands-headquartered online payment company PayU has just announced the acquisition of Israeli payments technology platform ZOOZ. The deal supports PayU’s ongoing expansion into high growth markets and targets the $994 billion opportunity in cross border payments. The ZOOZ acquisition is for an undisclosed amount but brings PayU’s total sum of investments and acquisitions in global…
Read more
SafeCharge (LON:SCH), a payment technology company, has announced that Snaitech (BIT:SNA), one of the largest Italian gaming operators, has migrated its entire end-to-end payment processing infrastructure to the SafeCharge Payments Engine. Snaitech has selected SafeCharge to improve the user experience for millions of players. Snaitech is a leader in betting retail and among the main…
Read more
Nayax, a cashless payment solutions and management platform for unattended retail company, has just announced the opening of a new office within Europe, Nayax Europe UAB. Nayax Europe will be situated in Lithuania, the issuing country of the required operating license for the EEA zone and will be hiring a professional staff. LeapRate reported earlier…
Read more