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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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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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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Apple stated: Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans. Usually, Apple buys startups and turns their technology into features for its products. Apple Play was added to iPhone in 2014 and allows users to pay for goods in retail stores with a rap.…
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PayPal eWallet may be used for both deposits and withdrawals. In addition, the new payment option will make instant deposits and faster payouts. Users will be able to send and receive funds in Euro, USD and GBP in a secure and simple to use way. Read More: Breaking news: Andrey Dashin, founder of Alpari and…
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Co-founder and CEO of eToro, Yoni Assia, said: The launch of a debit card is a natural next step for eToro as we broaden the range of services that we provide to our users… The debit card will provide instant cash-out and cash-in functionality, greatly improving the user experience. We expect to see a strong…
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Udo Mueller, CEO of Paysafe’s eCash division commented: Openbucks is a highly innovative alternative payment solution provider which has built deep distributor partnerships across the US. The cash alternative payment market is a thriving one and we are seeing increased demand from online merchants, who want to enable gift cards as a payments solution in…
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Mastercard has also supported blockchain technology and cryptocurrency through its new programme aiming to increase its partner base for crypto payment cards. Visa and Mastercard were both initially partners of the cryptocurrency project of Facebook, Libra. They both pulled away from it but have not stopped supporting the use cryptocurrencies. In the end of May,…
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Paysafe and Monrose’s collaboration will first roll out in France and will extend the service in 11 more countries over the next few months including Austria, Belgium, Bulgaria, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Romania and Spain. Norris Koppel, Founder and CEO of Monese, commented: Since the very beginning, our vision for Monese has…
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Chia Song Hwee, Deputy Chief Executive Officer, Temasek, said: Blockchain technology has great potential in transforming businesses and opening up new business opportunities. Phase 5 of Project Ubin has demonstrated the commercial applicability, viability and benefits of blockchain technology across industries, beyond capital markets and trade finance. This validates Temasek’s efforts in exploring and building…
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