Tagged: mobile payments

April 20, 2022 @ 11:19 pm By Omar Faridi  |  

MYPINPAD, which claims to be an international leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a provider of payments and agency banking solutions, have “agreed to merge.” The combined entity will “operate under the MYPINPAD brand.” Customers will benefit from greater scale,… Read More

April 19, 2022 @ 2:25 am By Omar Faridi  |  

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

April 14, 2022 @ 2:43 pm By Omar Faridi  |  

  Quontic Bank announced that it has introduced the “first-ever” tap-to-pay mobile payment ring to the US market. Quontic is an “innovative,” “digital-first,” and “customer centric” bank on a mission “to redefine how a bank and its customers conduct business.” Steve Schnall, CEO and Founder… Read More

February 21, 2022 @ 6:04 pm By Omar Faridi  |  

With the growth of virtual payments making a huge impact on how consumers shop and pay, payments specialist Blackhawk Network and retail software company LOC Software announced a partnership to offer touch-free mobile payment technologies to retailers. With these contactless payment options, Blackhawk Network and… Read More

January 31, 2022 @ 10:37 pm By Omar Faridi  |  

Spendwisor Inc. has entered into an agreement with Gem Global Yield LLC SCS (GEM) in order to boost the existing facility size from QAR 190 million (appr. $50 million) to QAR 310 million (appr. $85 million). As mentioned in the update, this serves as a… Read More

January 11, 2022 @ 10:10 pm By Omar Faridi  |  

The team at Pine Labs, a digital payments firm that confidentially filed for a $500 million IPO at valuation of around $7 billion, notes that online payment methods in India have been “around for a while now and with their rising popularity, they are here… Read More

December 21, 2021 @ 4:29 pm By Omar Faridi  |  

We recently connected with Hubert Rachwalski, CEO at Nethone, a company focused on a “Know Your Users” strategy to resolve fraud, so clients are able to gain more loyal customers while rejecting only fraudsters. Hubert talked about how cybercriminals are attempting to exploit online platforms… Read More

November 22, 2021 @ 8:04 am By Omar Faridi  |  

Peru’s Fintech sector has been expanding at a steady pace during the past few years. There are at least 171 Fintechs operating in the country, as of September 2021. These numbers represent a sizable 16% increase from last year, as well as a yearly growth… Read More

September 27, 2021 @ 8:55 am By Omar Faridi  |  

PAX Technology, a leading payment terminal solutions provider, has unveiled the European launch of the M30 & M50 Android PayPhones (at the payment industry’s Money20/20 event in Holland on 21-23 September 2021). The M-series PayPhones are the “first-ever” smartphones with inbuilt point of sale (PoS)… Read More

August 24, 2021 @ 10:43 pm By Omar Faridi  |  

HSBC Qatar has introduced mobile payments and collections services for its personal and corporate clients, as part of its ongoing investment into digitizing banking services. These recent updates will aim to enable greater financial inclusion for the unbanked sector and  visitors in Qatar, which is… Read More

August 18, 2021 @ 7:07 am By Omar Faridi  |  

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

August 16, 2021 @ 8:37 am By Omar Faridi  |  

A team of experienced investors, technologists and Fintech professionals, Mode has been offering innovative financial services in the United Kingdom, Europe and across the globe since their inception back in 2018. Although we might be aware that Mode serves as a Bitcoin app, its vision… Read More

July 9, 2021 @ 2:51 pm By Omar Faridi  |  

The last generation ONE wallet, a newly-launched mobile wallet by Postbank Bulgaria, a member of the Eurobank Group, is the latest service created with assistance from global tech firm, Software Group . Based on Software Group’s Mobile Wallet platform, ONE wallet is a last-generation high-tech… Read More

June 29, 2021 @ 12:00 pm By Omar Faridi  |  

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

June 5, 2021 @ 11:03 am By Omar Faridi  |  

AppGallery, a leading app marketplace, has introduced near-field communication (NFC) payments in European markets, after forming a partnership with Stocard, a leading mobile wallet provider. After teaming up with AppGallery, Stocard worked closely with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities within its… Read More

May 19, 2021 @ 11:47 pm By Omar Faridi  |  

CITCON, the payment gateway provider that offers in-store, online, and mobile payment solutions to over 6,000 brands across the globe, has partnered with Flexa, the “pure-digital” payments network, in order to enable merchants with accepting cryptocurrencies as a payment option. Merchants connected to Citcon will… Read More

May 7, 2021 @ 8:43 am By Omar Faridi  |  

The Swiss Payment Monitor reveals that the trend towards credit card use and contactless payment methods has remained steady in Switzerland. The Swiss Payment Monitor is a research initiative that’s supported by the University of St.Gallen and the ZHAW Zurich University of Applied Sciences. The… Read More

March 14, 2021 @ 9:53 pm By Omar Faridi  |  

The State Bank of Pakistan (SBP), the nation’s central bank, stated on Wednesday (March 11, 2021) that all local banking institutions should offer a set of minimum services for Internet banking and mobile banking. The SBP says it wants to encourage or promote the use… Read More

March 12, 2021 @ 1:19 pm By Samantha Hurst  |  

SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, is set to close its latest equity crowdfunding campaign on Seedrs with more than £565,000. The funding round launched in January with a mission to raise a… Read More

March 10, 2021 @ 11:55 pm By Omar Faridi  |  

Stanimir Vassilev, Co-Founder at Management Financial Group (MFG), reveals that Settle is now live in Bulgaria. Vassilev confirmed that Bulgarians are now able to send and receive money “instantly for free” with this new Fintech app that requires “no top-up.” He also mentioned that local… Read More