Category: Payments

Visa
December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

Read more
Nuvei
December 14, 2021 BY Steffy Bogdanova

Nuvei and Visa team up to release crypto-friendly debit cards

Nuvei’s Chair and CEO, Philip Fayer, commented: The branded Visa debit card is a huge asset to our partners and their users, enabling the immediate and seamless spending of crypto earnings,” he said, “With this program, Visa has played a vital role in expanding the crypto ecosystem by closing the gap between traditional finance and…

Read more
eToro
December 09, 2021 BY Steffy Bogdanova

eToro Money program launched in the UK

Non-Club members will also be able to access an eToro Money sort code and personal account number to so that they can send and receive funds to the eToro platform and any UK bank account. Deposits made through this route do not have a conversion fee to USD, which saves users money when adding funds…

Read more
NAGA Group
November 03, 2021 BY Steffy Bogdanova

NAGA launches payment platform NAGA Pay

Benjamin Bilski, CEO of NAGA commented: We worked hard to deliver the new functionalities and are excited about the possibilities NAGA Pay offers to our customers. Besides being able to make payments and send money, users can also invest with one tap in over 1,500 assets including straight equities for just EUR 0.99 per trade.…

Read more
digital wallet
October 15, 2021 BY Steffy Bogdanova

Paysafe’s NETELLER announces new fiat-to-crypto withdrawal service

The service is already available in ten countries including UK, Chile, Canada and Australia. The company noted it plans to make it available for more countries and to add more cyrptocurrencies for withdrawal in the future. The new feature follows the fiat-to-crypto withdrawal service for Skrill, Paysafe’s other digital wallet, launched in February of this…

Read more
October 11, 2021 BY Alan Sayer

Mastercard and Citi expand partnership for small business support

Miguel Gamino, Executive Vice President, Enterprise Partnerships and Head of Global Cities and City Possible, commented: Cities need to think about how to adapt to a digital world in a way that leverages technology to bring more people into the digital economy. Partners like Citi allow us to continue to expand the range of solutions…

Read more
Visa
October 08, 2021 BY Alan Sayer

Visa expands 'Buy Now, Pay later' feature into Australia

The Visa Installments Solution provides the technology for issuers and acquirers within the Visa network to offer BNPL functionality to their shoppers.  Julian Potter, Visa's Group Country Manager for Australia, New Zealand, and South Pacific, said: There is overwhelming demand in Australia for BNPL financing through consumers' existing, trusted financial institution. We're proud to work…

Read more
Acquisition
September 08, 2021 BY Steffy Bogdanova

PayPal to acquire Japanese payments platform Paidy

Paidy's products like its Paidy 3-Pay monthly installment offering, has driven strong engagement with over six million registered users and played a key role in establishing strategic relationships with leading global brands and online marketplaces. Paidy’s integrations with PayPal and other digital and QR wallets through Paidy Link expands Paidy's reach to online and offline…

Read more
August 20, 2021 BY Steffy Bogdanova

Facebook’s digital wallet Novi is ready to launch

Marcus stated: We can then branch out and offer a variety of other financial services in partnership with respected and well-regulated partners, and expand from there. Facebook did not specify a launch date. It also did not give information on which coins the wallet would hold. David Marcus, who is the head of F2 or…

Read more