“International payments are a pain point across a range of industries including e-commerce, marketplaces, and online platforms” which “need to cater for complex layers of incoming and outgoing payments, to and from large volumes of businesses and individuals, and across multiple jurisdictions.”
All the latest news from the world of paytech, including banking, payment service providers (PSPs), and merchant services.
“We hope this landmark achievement will pave the way for more China or international-based companies to expand their operations and grow in the Thai market.”
“These licenses make Nium a one-stop shop for all payment needs in India. For the end customer, Nium is making it seamless for Indians to shop the world.”
Discover how PayRetailers is enhancing the online gaming payment experience at ICE London 2024, offering exclusive benefits for new clients.
“XTransfer serves as a bridge connecting leading international banks like J.P. Morgan, Deutsche Bank and DBS Bank with SMEs, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations. In addition to solving the payment problem to Chinese suppliers, we also want to help emerging countries to collect and pay with different nations.”
“This financing will significantly bolster our European expansion, enabling us to ramp up expansion across the European market and develop additional payment solutions to benefit business customers.”
“Rather than cash dying, it remains the payment method of choice for more than half of Australians travelling abroad – and we are therefore delighted to be reinstating FX cash services for Australia’s largest bank.”
Worldline will leverage Google Cloud’s analytics tools to extract valuable insights and, by expanding their partnership, the firm will serve as one of Google’s key payment providers in Europe and other geographies.
“We’ve noticed a growing interest in cryptocurrencies like Solana and Polygon among our clients – by partnering with BVNK we can effectively respond to their needs”.
Mercari, the popular digital flea market platform in Japan, is reportedly planning to allow its 22 million monthly active users to buy products using Bitcoin.
While the allure of crypto payments is strong, caution is essential. The potential benefits in terms of speed, lower fees, and blockchain efficiency need to be weighed against the risks associated with cryptocurrency volatility.
Cryptocurrency is gaining traction in the world of FX brokers, with a surge in interest both from brokers and traders. However, the volatile nature of cryptocurrencies raises questions about whether the benefits outweigh the risks.
NYSE-listed payments provider Paysafe is deepening its collaboration with Visa, integrating the latter’s network tokenization service. This tech update aims to replace traditional card numbers with secure tokens, enhancing the safeguard against fraud.
The new B2BinPay v18 focuses on flexibility and transparency by merging two business models (Merchant and Enterprise) in one single account, redesigning the interface, and strengthening regulatory compliance. Let’s take a look at some of the newly updated areas.
JPMorgan has introduced a programmable payments feature for its blockchain-powered payment system, JPM Coin, via its Onyx blockchain business unit. The new feature enables automatic execution of payments based on preset rules, eliminating the need for manual checks.
Volante Technologies has received a $66 million strategic investment, spearheaded by Sixth Street Growth, to fuel its cloud payment solutions’ expansion.
Zero Hash users can now complete fiat-to-crypto and crypto-to-fiat trades, and even pre-fund a trading wallet with fiat bank deposits without leaving their preferred platform or app.
Leveraging Application Programming Interface (API) technology, Freemarket automates and consolidates the entire lifecycle of cross-border payments onto a single platform, effectively tackling the high costs, opacity, and outdated technology that have long plagued the industry.
Crypto giant Binance has expanded its European services, announcing on Thursday that it has partnered with several new “regulated and authorized fiat partners” for handling euro (EUR) transactions.