Global forex brokerage NordFX has informed today that the Thailand based MyPay Payment System has officially announced that, starting from August 2, 2017, it will stop processing payments including the option to Deposit into MyPay Pocket. The management of MyPay told NordFX the reason for this is the unprofitability of working in Thailand due to…
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paysafecard, an online prepaid payment methods company and part of Paysafe Group plc (LON:PAYS), announced that enters the United Arab Emirates, offering a secure and fast prepaid payment solution that will not require bank or credit card details. The UAE continues to embrace technology innovation in line with its government's 'Smart Dubai' initiative to transform…
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The Board of payments services company Paysafe Group Plc (LON:PAYS) confirmed today that it has received a preliminary, conditional proposal from funds managed by Blackstone (NYSE:BX) and funds managed by CVC Capital Partners (such funds together, the Consortium) regarding a possible all cash offer for the entire issued and to be issued share capital of…
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LeapRate Exclusive... LeapRate has learned from sources in Israel that digital cross-border payments provider Payoneer is on an official hiring spree, looking to add 140 employees in its home base of Israel, plus personnel in other locations abroad including New York and Tokyo. According to sources, Payoneer is looking to add mainly experienced sales personnel and…
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This latest funding will be used to continue building on Form3’s momentum in the UK and expand services across Europe and North America. Form3, the cloud-based, end-to-end, secure platform for global payments processing, today announced it has secured a strategic investment from Barclays PLC (LON: BARC) the Angel Co-Fund and several individual investors who have…
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The Australia and New Zealand Banking Group Limited (ANZ) today announced its customers in Australia can now use Samsung Pay to easily make secure purchases wherever contactless payments are accepted. The introduction of Samsung Pay marks the fourth mobile payment service ANZ offers its Australian customers and further enhances the bank’s leadership position in using…
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Stripe just announced a new global partnership with Alipay, operated by Ant Financial, unlocking the Chinese consumer market for Stripe-powered businesses around the world. Starting today, businesses on Stripe can begin accepting Alipay on their websites in just a few clicks. For the first time, eligible businesses can activate Alipay right from their Stripe dashboards,…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it recently completed a £4.05 million (USD $5.2 million) share buyback. On July 10, it purchased for treasury 1,500,000 ordinary shares at a price of 270 pence per share. SafeCharge has not announced a formal share buyback program, so it remains to…
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Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba's affiliate Ant Financial. Tencent has partnered with German payments firm Wirecard to allow European retailers to accept WeChat pay as a payment option. As CNBC reports, the move is specifically aimed at…
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Visa (NYSE:V) and Klarna just announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is an online payments companies, serving 60 million consumers and 70,000 retailers. The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to accelerate online and mobile…
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