Tagged: virtual payments

April 15, 2023 @ 1:59 pm By Omar Faridi  |  

Stripe now enables merchants to embed the acceptance of digital payments, “with a full suite of developer-first tools that makes the entire payments experience seamless.” Stripe is not only a key player within Fintech, but has also “grown to become one of the most valuable… Read More

April 14, 2023 @ 12:59 pm By Omar Faridi  |  

New research on gig workers from Branch, the workforce payments platform that helps businesses accelerate payments to empower their workers, reveals the latest industry trends. The 3rd annual Branch x Marqeta Gig Payments Report surveys “the work and payments preferences of over 1,000 gig workers… Read More

April 11, 2023 @ 8:10 am By Omar Faridi  |  

A new study from Juniper Research, foremost “experts” in the payments market, found that the transaction value of recurring payments “will exceed $15.4 trillion globally in 2027, from $13.2 trillion in 2023.” This relatively slow growth of 17% “reflects that recurring payments are a well-established… Read More

April 8, 2023 @ 10:40 am By Omar Faridi  |  

Goodwill of Colorado, an organization dedicated to creating community impact through programs for individuals with disabilities, education, training and career placement, has partnered with DailyPay–the provider of on-demand pay. As part of the organization’s mission “to empower individuals, and to provide a fulfilling employee experience,… Read More

April 7, 2023 @ 8:53 am By Omar Faridi  |  

Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, a UK-based asset manager, today announces its proposed investment of €29M (US$31M) in Baobab Payments GmbH (trading as Peach Payments), a digital payment service provider that enables online payments in Africa. Completion… Read More

April 6, 2023 @ 4:45 pm By Omar Faridi  |  

Finix recently launched a new payments solution designed “for tech-savvy merchants looking for a reliable provider to power payments acceptance at a competitive price.” At its inception, Finix chose “to serve the most complicated customers first: payment facilitators managing intricate funds flows.” Starting with the… Read More

March 25, 2023 @ 7:48 am By Omar Faridi  |  

J.P. Morgan (NYSE: JPM) will begin piloting biometrics-based payments with select retailers in the U.S. This is the first pilot solution to launch from J.P. Morgan Payments’ new Commerce Solutions suite of products, “dedicated to helping merchants adapt to the rapidly evolving payments landscape.” Its… Read More

March 8, 2023 @ 10:34 pm By Omar Faridi  |  

Onbe, a corporate disbursements platform, published its 2023 Future of Payments Survey, finding that digital payments continue “to drive US consumer preferences in today’s connected economy.” 70% of respondents prefer “to receive payments digitally and 73% prefer to shop and pay with digital methods, including… Read More

March 2, 2023 @ 8:36 pm By Omar Faridi  |  

Kriya Payments is now available in 42 countries. This means buyers worldwide can “take advantage of flexible payment terms, feeling more secure about their cash flow.” General Manager, Martina Trifonova, has commented on the thinking behind the decision was, what the team learned in the… Read More

February 17, 2023 @ 12:17 pm By Omar Faridi  |  

Visa Inc. (NYSE: V) announced new offers aimed “to help small and micro businesses (SMBs) accept digital payments, fine-tune their essential systems and save on the technology needed to grow and build business resilience.” With Visa SavingsEdge, eligible Visa Small Business cardholders can “unlock automatic… Read More

February 7, 2023 @ 11:25 pm By Omar Faridi  |  

Innoviti Technologies in collaboration with Reliance Retail, ICICI Bank and Kotak Mahindra Bank announced the launch of in-store acceptance of retail payments via Digital Rupee – Retail [e₹-R]. After being the first to introduce dynamic QR based in-store UPI payments, Reliance Retail, in continuance of… Read More

January 28, 2023 @ 8:35 pm By Omar Faridi  |  

Worldline [Euronext: WLN], a key player focused on payments services, announced the launch of its Buland Bharat digital payments suite, which is designed specially “keeping in mind the needs and wants of small and medium businesses (SMBs) in India.” The Buland Bharat digital payments suite… Read More

January 22, 2023 @ 3:35 pm By Omar Faridi  |  

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

January 3, 2023 @ 9:01 pm By Omar Faridi  |  

The Securities and Exchange Commission (SEC) in the Philippines revealed that it will be making a full shift towards all-digital payments by February 1, 2023. The general public residing in the Southeast Asian country will be using the eSPAYSEC that was introduced in March 2022,… Read More

December 28, 2022 @ 9:36 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments has provided a brief evaluation of the year 2022 and the anticipated trends in 2023, with respect to fintech, digital payments, BaaS, among other sectors. Sinha noted: “India is in a strong position to become the global leader… Read More

December 21, 2022 @ 10:03 pm By Omar Faridi  |  

When it comes to payments, Latin America is “diving deeper into alternatives,” according to an update from EBANX. Beyond Borders 2022/2023, a recent study by EBANX, a Brazilian fintech that processes payments for global players in rising markets, “shows that alternative payment methods (APMs) have… Read More

December 15, 2022 @ 9:51 pm By Omar Faridi  |  

Cashfree Payments, India’s leading payments and API banking solutions company, is enabling eUPP (eLite Unified Payment Platform), a fee payment management system for schools and colleges, “to offer an instant and secure fee payments experience for end users.” Currently, through this partnership, “more than 500… Read More

December 14, 2022 @ 7:59 pm By Omar Faridi  |  

Currencycloud, which claim to be the experts simplifying business in a multi-currency world, has partnered with South Korea-based global remittance and payment provider SentBe in order “to improve the regional reach of its payments service and offer its Korean consumers and businesses a more streamlined,… Read More

December 12, 2022 @ 8:10 pm By Omar Faridi  |  

One Inc, which claims to be the leading digital payments network for the insurance industry, announced that Arbella Insurance Group, a customer-focused, regional property, and casualty insurance company based in Massachusetts, has selected One Inc’s suite of digital payment solutions “with PremiumPay and ClaimsPay, for both… Read More

November 24, 2022 @ 5:36 pm By Omar Faridi  |  

Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, announced the launch of its new Digital Integrated Payments Hub enabling businesses and public sector agencies “to access secure, faster, and cost-effective options to send, request or receive payments.” By integrating the payment capabilities… Read More