Tag: online payments

March 21, 2017 BY LeapRate Staff

SafeCharge Revenues and EBITDA decline in second half of 2016

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced its full year 2016 results. And, despite using phrases such as 'strong financial performance' and 'strong trading and operational momentum', the numbers indicate that SafeCharge saw a slight decline in both revenues and profitability in the second half of the year. Nevertheless, SafeCharge's 2017…

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February 20, 2017 BY LeapRate Staff

Groupon Japan CEO Satoru Nemoto hired as Country Manager of payments company Payoneer

LeapRate has learned that digital cross-border payments provider Payoneer has hired the CEO of the Groupon Japan unit of Groupon Inc (NASDAQ:GRPN), Satoru Nemoto, to be its new Japan Country Manager. Payoneer recently raised a $180 million VC round led by late stage venture capital investor Technology Crossover Ventures (TCV), aimed at expanding the company's cross-border…

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April 06, 2016 BY Maria Nikolova

Earthport to bolster Ria Money Transfer's global payment services

Cross-border payment network Earthport on Tuesday announced that it has entered into an agreement with international money transfer company Ria Money Transfer. Earthport offers Ria access to a global payment network which complements Ria’s existing bank deposit services. Earthport’s global payment solution secures complete transparency into the transaction, providing customers and merchants with the ability…

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March 14, 2016 BY Maria Nikolova

MoneySwap raises $150,000 through convertible loan note

Provider of online payment solutions MoneySwap PLC (LON:SWAP) today announces that it has raised $150,000 by the issue of a new convertible loan note. The Convertible Loan is unsecured and carries interest at an annual rate of 5%, It is repayable on March 11, 2018. The loan may be converted into new ordinary shares in…

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January 21, 2016 BY Maria Nikolova

SafeCharge partners with Payletter over payments platform for games developers

SafeCharge International Group Ltd (LON:SCH), an international provider of payments services, technologies and risk management solutions for online and mobile businesses, today announces a partnership with Korean-based online games billing and payment solution providing company Payletter. The collaboration aims to provide a comprehensive payments service which is integrated into Payletter’s billing platform for games developers…

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January 15, 2016 BY Maria Nikolova

Payments processing platform Novatti gets admitted to ASX

Novatti Group Limited, a payments processing platform that aims to facilitate mobile and alternative payments, today announces its Admission to the official list of ASX Limited (ASX). The official quotation of the company's securities is set to start at 12pm (AEDT) on Monday, January 18, 2016. The quoted securities comprise 63,781,780 fully paid ordinary shares.…

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January 08, 2016 BY Maria Nikolova

PayPoint sells online payment businesses to Capita for £14M

Payment solutions provider Paypoint plc (LON:PAY) today announces the sale of its Online Payment businesses comprising PayPoint.net and Metacharge to Capita for a cash consideration of £14 million ($20.5 million). PayPoint first unveiled its plans to dispose of its Mobile and Online businesses when it presented its full year results in May 2015. The company…

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December 29, 2015 BY Maria Nikolova

People's Bank of China publishes rules for online payments

People's Bank of China (PBOC) on Monday published details regarding regulations of the booming online payments sector, which are set to come into effect on July 1, 2016. The new rules restrict the size of payments done from non-bank payment accounts and introduce certain requirements for registration. In particular, the size of payments through such…

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