Category: Payments

Mastercard
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…

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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…

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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…

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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…

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Visa
August 18, 2021 BY Steffy Bogdanova

i2c working with Visa to offer BNPL payment solution

Mary Kay Bowman, global head of buyer, seller, core and platform products at Visa, commented: Customers love the flexibility of being able to pay over time with installments, as evidenced by the rapid growth in the space. At Visa, we’re working with partners like i2c to accelerate the distribution of more BNPL payment options for…

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Acquisition
August 16, 2021 BY Steffy Bogdanova

Paysafe signs a $441 deal to acquire SafetyPay

Philip McHugh, CEO of Paysafe, commented: We are very excited to welcome SafetyPay into the Paysafe family. The team has successfully built a market-leading payment platform that has become the de facto open banking solution for Latin America. We look forward to partnering with Gustavo and the team to continue to build eCash and online…

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Acquisition
July 23, 2021 BY Steffy Bogdanova

Visa to acquire Currencycloud for $700 million

Cross-border payments have registered significant growth recently, attributed to growing demand from business of all sizes to engage in international trade. Currencycloud will contribute to Visa’s network by widening access to international payment products that help businesses meet their cross-border needs. Mike Laven, Chief Executive Officer, Currencycloud, said: At Currencycloud, we’ve always strived to deliver…

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BDSwiss
July 14, 2021 BY Steffy Bogdanova

BDSwiss teams up with PayPugs for payment services

BDSwiss Head of Payments, Andreas Evripidou commented: We understand that we need to do everything possible to provide a superior trading and investing experience to our clients. PayPugs’ extensive portfolio of payment services will further strengthen our existing payment infrastructure and support our global clients and partners in conducting seamless cross-border and multi-currency transactions. Evripidou…

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digital wallet
July 13, 2021 BY Steffy Bogdanova

Skrill adds 20 new cryptocurrencies to its digital wallet

Skrill was initially launched in 2018 and since then it has been expanding and strengthening its crypto offering adding new currencies and functionality. Skrill’s crypto services is now available in almost 100 countries. Customers of the digital wallet can make direct crypto-to-crypto currency conversions and set recurring or conditional orders, for example, based on price…

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June 21, 2021 BY Steffy Bogdanova

Deutsche Bank and Fiserv reveal joint venture for payments acceptance in Germany

Deutsche Bank and Fiserv plan to bring multiple payment solutions together, complementing Deutsche Bank’s banking offering. It will ultimately save merchants from having to enter into multiple contracts with a variety of payment providers. Stefan Hoops, Head of Corporate Bank at Deutsche Bank, said: By combining Fiserv payment solutions with our banking products, we will…

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