Tagged: virtual payments

June 8, 2023 @ 1:12 am By Omar Faridi  |  

Payments are one of crypto’s “biggest” and “earliest” use cases, and Binance‘s new partnership with Lyzi is “helping to achieve this goal in more locations.” While many use crypto as an investment, it’s also “a great way to transfer value globally with minimal fees and… Read More

June 1, 2023 @ 10:42 pm By Omar Faridi  |  

NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised $53.6m. The investment round was “led by Finch Capital, and includes participation from Outpost Ventures, a Neuberger Berman fund, with participation from individuals.” Peter Burridge,… Read More

May 29, 2023 @ 12:03 pm By Omar Faridi  |  

UniCredit and Mastercard (NYSE: MA) announced a global expansion of their payment partnership. The agreement “sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy.” This is the first time any large commercial bank “has put in place a… Read More

May 28, 2023 @ 10:57 am By Omar Faridi  |  

EML Payments Limited (ASX: EML), a payment solutions provider, is working with Visa, a world leader in digital payments, in order “to offer its private label digital gift cards product serving its broad shopping center and multi-retailer customer base in the United States and Canada.”… Read More

May 27, 2023 @ 4:57 pm By Omar Faridi  |  

Paysend, the global card-to-card transfers pioneer and global payments platform, is announcing today a new partnership with global payroll platform Ontop, “enabling employers to make faster and more cost-effective salary payments to workers and contractors.” Paysend will power Ontop’s new payout-to-cards capability “for employee and… Read More

May 25, 2023 @ 9:52 pm By Omar Faridi  |  

SAB has announced its collaboration with Ottu, a fast-growing payment fintech, to enhance its Digital Payments Solution. This partnership will “provide SAB merchants with an Online Payment Management Solution (OPMS) using direct integration with the payment gateways provided by SAB.” This collaboration aims “to simplify… Read More

May 24, 2023 @ 1:18 am By Omar Faridi  |  

Brite Payments, one of Sweden’s fastest growing fintechs and a leader in instant bank payments, announced its Brite Instant Payments Network (IPN). Brite IPN is a proprietary network “that leverages the capabilities of open banking to give merchants and businesses a complete, out-of-the-box instant payments… Read More

May 21, 2023 @ 9:55 pm By Omar Faridi  |  

Tyro Payments is pleased to announce that its customers in Australia are now able to accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new Tyro BYO App, starting now. Tap to Pay on iPhone… Read More

May 19, 2023 @ 5:26 pm By Omar Faridi  |  

axis, a digital payments platform for small businesses, has launched its services, in partnership with Visa (NYSE: V). axis has obtained the license from the Central Bank of Egypt (CBE) “for its open-loop mobile wallet, offering a digital banking alternative for small businesses and their… Read More

May 19, 2023 @ 10:12 am By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking company, has partnered with Tazapay, Singapore-based cross-border payments company to power their cross-border payments for Indian exporters. The partnership allows Tazapay “to settle all cross-border payments directly to Indian exporters’ local bank accounts in Rupees (INR) in one… Read More

May 11, 2023 @ 7:39 pm By Omar Faridi  |  

Pidgin, a secure real-time payments platform built for the future of payments, is among the first companies in the industry to complete testing and certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023. The FedNow Service will “enable… Read More

May 11, 2023 @ 11:48 am By Omar Faridi  |  

Visa (NYSE: V), a firm focused on digital payments, was one of nine finalists tasked with exploring innovative blockchain-based use cases for the Real Digital (Brazil’s central bank-issued digital currency, or CBDC) as part of the most recent LIFT Challenge. The company partnered with Agrotoken,… Read More

May 9, 2023 @ 4:39 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) and global payments platform Tazapay announced a global partnership to deliver best in class payments and commerce enabling experiences as part of the Bank’s broader initiative to provide curated financial services on B2B platforms. This builds on the memorandum of understanding… Read More

May 8, 2023 @ 8:01 am By Omar Faridi  |  

Finix is now a payments processor, which will help with simplifying the payments stack. With direct integrations to American Express, Discover, Mastercard, and Visa, Finix offers businesses everything they need “to build world-class payments and embedded fintech experiences.” Finix is pleased to announce their launch… Read More

May 6, 2023 @ 10:17 am By Omar Faridi  |  

Liquido, the “next generation” payments company for Latin America, emerged from stealth today to launch publicly. The company reportedly “spent the last two years building a comprehensive and flexible payments infrastructure to modernize and democratize digital payments access for Latin American businesses, similar to what… Read More

April 29, 2023 @ 7:12 pm By Omar Faridi  |  

Ansa announces a digital wallet infrastructure platform for merchants, alongside its first round of funding of $5.4 million. The investment round was “led by Christina Melas-Kyriazi at Bain Capital Ventures with participation from Nimi Katragadda at Box Group, Nichole Wischoff at Wischoff Ventures, Cambrian Ventures,… Read More

April 29, 2023 @ 12:20 pm By Omar Faridi  |  

Alchemy Pay now supports India’s UPI domestic transfer payments for crypto purchases in India. By enabling users to pay by Unified Payments Interface, India’s domestic transfer system, it is possible for Indian bank account holders “to buy and sell cryptocurrency with the Indian rupee.” As a… Read More

April 27, 2023 @ 12:35 pm By Omar Faridi  |  

Strike, which claims to be one of the world’s leading digital payments platforms built on Bitcoin’s Lightning Network, announced the expansion of “Send Globally” to Guatemala, bringing its cross-border payment service to Latin America. In 2022, Latin America and the Caribbean “received more than $140… Read More

April 26, 2023 @ 8:34 am By Omar Faridi  |  

IXOPAY, an independent payment orchestration provider, and EBANX, a Fintech company that specializes in international payments in rising markets, have announced a partnership. Together the partners will “focus on providing access to local payment solutions for global brands and offering local payment methods to consumers,… Read More

April 16, 2023 @ 10:26 pm By Omar Faridi  |  

Digital Treasures Center updated its branding strategy whereby, it will be known as “dtcpay” going forward “reflecting its commitment towards digital payments.” Since 2019, dtcpay’s mission is “to bridge the gap between digital assets and traditional finance and help businesses grow quickly by accepting payment… Read More