Category: Payments

February 11, 2021 BY Steffy Bogdanova

Mastercard to support some cryptocurrencies in 2021

Mastercard already provides its customers with cards allowing them to have cryptocurrency transactions, even though it does not go through its network. The payment giant also pointed out that not all cryptocurrencies will be supported on its network but it will carefully decide which ones to add. The official statement said: This is a big…

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OANDA
January 27, 2021 BY Steffy Bogdanova

OANDA adds new payment solution in North America

Lucian Lauerman, Head of OANDA FX Data Services, commented: One of the world’s leading FX authorities, OANDA is dedicated to helping companies optimize cash flow, manage currency risk and build their bottom line. As such, we’re delighted to be partnering with Shift Connect and Currencycloud in order to add OANDA FX Payments to our best-in-class…

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TransferWise and Visa Announce global partnership
January 27, 2021 BY Steffy Bogdanova

TransferWise and Visa announce global partnership

Jack Forestell, executive vice president and chief product officer, Visa said: The TransferWise team came to us last year with a challenge: enable the global rollout of their debit card program, and do it entirely in the cloud. It was an exciting opportunity for us to partner with TransferWise and show how we’re thinking and…

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BitPay launches new mass payout service BitPay Send
November 13, 2020 BY Steffy Bogdanova

BitPay launches new mass payout service BitPay Send

AdGate Media is one of the first companies to use BitPay Send. The company can now efficiently and cost effectively pay its affiliates all over the world. AdGate Media connects digital advertisers with users of popular apps and websites that reward users for engagement. AdGate’s President, Dan Sapozhnikov, shared: We have lots of affiliates who…

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acquisition
October 28, 2020 BY Steffy Bogdanova

Visa signs a deal to acquire fintech YellowPepper

YellowPepper will assist with easing the integration to Visa Direct, the real-time push payments platform Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network and value added services. This will expand the digital products and services, provide safe experiences for the ecosystem and grow new flow volumes and transactions. The combination of Visa Direct capabilities…

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Wirecard Card Solutions
September 30, 2020 BY Valentina Kirilova

Wirecard ordered to cease payment services in Singapore

Wirecard SG has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants, therefore the Singaporean watch dog has assessed that it is better for Wirecard SG to cease its payments services and promptly return all customers’ funds. With the cessation of Wirecard SG’s payments services in…

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Trustly expands its presence in Australia and Canada
August 26, 2020 BY Steffy Bogdanova

Trustly expands its presence in Australia and Canada

Oscar Berglund, CEO of Trustly, commented: Expansion into both Australia and Canada is a major milestone in our ambitions to build a global Online Banking Payments network. They are both large markets with great potential and we already see high demand from merchants that are looking for Open Banking solutions and a compelling alternative to…

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Second wave of Covid-19 may be afoot, ways to prepare
August 25, 2020 BY Steffy Bogdanova

Second wave of Covid-19 may be afoot, ways for the payment industry to prepare

Contactless payments Cashless and contactless payments have gained popularity recently as fast transactions became important for physical businesses looking to set in place social distancing protocols. Smooth contactless payments can be essential in a potential second wave. Galdikas stated: No-contact payments gained newly-found importance in the context of the pandemic and will remain highly relevant,…

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Nuvei
August 05, 2020 BY Steffy Bogdanova

Nuvei announces brand merger with SafeCharge

Phil Fayer, Nuvei’s chairman and CEO said: Businesses are looking for partners, both strategic and technological. We’ve become the payment technology partner that our clients can count on to make our world a local marketplace. We aim to deliver unified commerce solutions and expertise, helping our clients capture every payment opportunity that comes their way…

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