Tag: payments

June 28, 2022 BY Steffy Bogdanova

Paysafe integrates Mastercard Send into its payments platform

Paysafe’s platform latest updated will allow access to Mastercard Send via the existing payment connection, alongside the full suite of Paysafe’s payment products and services. The integration will also provide merchants  with automatic reconciliations plus transaction data along with customisable reports. Scott Abrahams, Senior Vice President Business Development, United Kingdom and Ireland SIP at Mastercard…

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May 19, 2022 BY Steffy Bogdanova

Nium announces expansion of payment services to Malaysia

Pratik Gandhi, COO and co-founder at Nium, said: More countries are turning to Nium to bring their legacy systems into the modern age. We enable money to move around the world - instantly, easily, and securely - while helping businesses position themselves for more opportunities in the digital future. The real-time payments in Malaysia, as…

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PayPal set to allow customers to withdraw cryptocurrency
May 27, 2021 BY Steffy Bogdanova

PayPal set to allow customers to withdraw cryptocurrency

During the conference, da Ponte was also probed on the subject of central bank digital currencies (CBDCs), following news that the PayPal vice president had met up with central bankers across the globe. Though da Ponte accepted the logic of central banks issuing their own tokens, he refused the common opinion that just one of…

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partnership
May 24, 2021 BY Steffy Bogdanova

Fintech Plaid teams up with payments firm Square

Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…

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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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April payments numbers collapse
June 15, 2020 BY Steffy Bogdanova

April payments numbers collapse

The New Zealand numbers for April are even worse with 52% decline in payments, affecting every Australian company doing business in New Zealand. Reviewing Australian fintech institution Tyro’s weekly statement to the ASX, the volumes have been steady since early April. However, many market participants report  that eCommerce payments have surged to unprecedented levels which…

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ATFX UK to allow more deposit and withdrawal options via Trustly
April 07, 2020 BY Valentina Kirilova

ATFX UK adds Trustly as its new payment channel

Wei Qiang Zang, ATFX (UK) Managing Director commented that: The partnership with Trustly shows that we want to make our platform and trading experience as simple and easy as possible. The addition is another route for clients to deposit directly into their trading account from their bank. We believe this will make a real impact…

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