FSS Payment Gateway Trends – 2018
Payments Dive
APRIL 17, 2019
FSS Payment Gateway maintained a strong growth trajectory in 2018, processing 790M transactions amounting to USD 18B in value.
FSS Payment Gateway Transaction Trends – 2018
Payments Dive
APRIL 5, 2019
FSS Payment Gateway processed USD18.8B in transaction value in 2018, an approximate 58% of India's e-commerce traffic.
The 4-1-1 on Payment Gateways
Payment Savvy
JULY 27, 2020
A report done by Thales Data Security in 2018 revealed three-quarters of companies offering online payment acceptance in the US had encountered at least one type of cyber insecurity. This considerable percentage can be very discouraging for business owners interested in adding web payments to their payment arsenal.
Payment Processing USA: 2024 Market Overview
Clearly Payments
NOVEMBER 6, 2024
Payment Processor: ISO/PayFac : The payment processor handles the sales, support, onboarding, and sometimes technology for merchants, such as the payment terminals and payment gateway. Credit card sales volume in the USA by year from 2018 to 2023 Year Credit Card Transaction Volume (USD) 2018 $3.7
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Unveiling Vietnam’s Most Reputable Fintech Companies
Fintech News
AUGUST 12, 2024
Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. OPES Insurance: Founded in 2018, OPES Insurance is a leading digital insurer serving the Vietnam market. ZaloPay: Established in 2018, ZaloPay is a mobile wallet and payment platform associated with the Zalo messaging app.
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Re-Examining The Role Of Correspondent Banking
PYMNTS
SEPTEMBER 1, 2020
The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.
Vantiv Worldpay Merchant Services by FIS
Stax
DECEMBER 6, 2024
One of the most notable events in Worldpays history was its 2018 merger with Vantiv, a leading U.S.-based based payment processing company. Worldpay Today: An Independent Entity Now an independent entity once again, Worldpay continues to offer comprehensive payment processing services to businesses globally.
Finablr’s BayanPay Awarded Payments License From Saudi Authority
PYMNTS
FEBRUARY 26, 2020
Finablr , a Saudi Arabia-based global platform for payments and foreign exchange solutions, has announced that its network brand, BayanPay , has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA). BayanPay was founded in Riyadh in 2018.
UK Contactless Payments Grow 18 Pct. YOY
PYMNTS
OCTOBER 14, 2019
percent less than 2018. According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018 and is projected to grow 35.4 percent between 2018 and 2025. percent between 2018 and 2025. There was a total of 1.6 percent from a year ago.
13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List
Fintech News
JULY 23, 2024
Aspire’s platform has quickly gained popularity in Southeast Asia, tripling its annualized total payment volumes in 2023 to US$12 billion. Founded in 2018, Aspire has raised more than US$300 million from world-class investors, included Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. trillion (US$7.2 trillion (US$3.4
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Why Subscription Merchants Are Offering Mobile Optimization With Payments
PYMNTS
FEBRUARY 12, 2019
Ninety-five percent of these retailers offered plan options, for instance, in Q4 2018. To purchase his offering, consumers can pay either through the PayPal or Stripe payment gateways, and they select a membership plan when they purchase their IoT wobbler dog toys on PupPod’s site.
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Is The US On The Verge Of A Contactless Surge?
PYMNTS
JUNE 6, 2019
According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018, and is projected to grow 35.4 percent between 2018 and 2025. The global mPOS industry was valued at $26 billion as of 2018, and is projected to grow 35.4 In the U.S.,
Top 8 Fintech Investors in Indonesia Fueling The Revolution
Fintech News
JUNE 3, 2024
In the lending space, the number of peer-to-peer (P2P) borrower accounts reached 30 million in 2021, rising at a compound annual growth rate (CAGR) of 50% between 2018 and 2022. Total loan disbursement totaled US$17 billion in 2022, representing an annual growth rate of 140% between 2018 and 2022. year-over-year, reaching 10.3
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The Race To The Effortless Experience
PYMNTS
JULY 27, 2020
is constantly exploring and expanding our local payments solutions to provide more buying flexibility to our customers. B2B Payments Players Look to Expand. 2018 saw a substantial increase in mergers and acquisitions in the payments space as existing players looked to build the platforms required to compete.
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82 FinTech Chipper Cash To Expand Into Nigeria
PYMNTS
SEPTEMBER 5, 2019
The company, which is based in San Francisco and has offices in Ghana and Kenya, will give people in Nigeria access to its peer-to-peer (P2P) payment service through a partnership with payment gateway company Paystack. The company, which launched in October of 2018, will set up shop in Lagos.
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Oman’s Fintech Future: A Market on the Rise
The Fintech Times
JANUARY 31, 2025
Sharakah provides financial support and post-financial to SMEs in Oman Oman Technology Fund Aims to put Oman firmly on the map of knowledge leaders in the Middle East Oman Banks Association (OBA) A non-profile professional association for the countrys banking industry Breakdown of sector: Image Source: The Fintech Times Timeline of key fintech (..)
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Contactless Payments Continue To Grow In UK
PYMNTS
OCTOBER 14, 2019
percent less than 2018. According to payment gateway NMI, just 3 percent of payments in the U.S. The global mPOS industry was valued at $26 billion as of 2018 and is projected to grow 35.4 percent between 2018 and 2025. percent between 2018 and 2025. There was a total of 1.6 percent from a year ago.
Indonesian Payment Company Artajasa Teams Up With Mastercard
PYMNTS
AUGUST 15, 2019
Mastercard announced it has made a deal with Artajasa Pembayaran Elektronis, an Indonesia-based payment switching company, to work together on the country’s gateway apparatus for payments, according to Reuters. In 2018, there were 6.4 Mastercard said the collaboration could eventually include eCommerce payments.
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Deep Dive: Fighting Card Data Breaches With Payments Partnerships
PYMNTS
OCTOBER 5, 2020
This is a sharp decline from 2018, when 42 percent of such providers said the same. Merchants may also look to payments orchestration platforms to help them manage compliance needs. Retailers already turn to these one-stop solutions to connect with different payment gateways and tokenize their card data.
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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times
Fintech News
MARCH 26, 2024
. #3 SafexPay (India) SafexPay provides a comprehensive payment solution for businesses globally. It offers a range of services including a white-label payment gateway for banks and institutions, and an all-inclusive payment gateway solution for merchants. #4
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Celebrating 10 Female Leaders Leading the Fintech Revolution in APAC
Fintech News
MARCH 6, 2024
She also won the EY Entrepreneur Of The Year Australia Southern Region award 2018. Caecilia Chu, Co-Founder and CEO, YouTrip Caecilia Chu is the Co-Founder and CEO of YouTrip , Singapore’s multi-currency mobile wallet established in 2018 to offer users a seamless and affordable way to manage multiple currencies on-the-go.
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Everything You Need To Know About What Amazon Is Doing In Financial Services
CB Insights
DECEMBER 4, 2019
In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. In March 2018, Greenlight Financial announced crossing 100,000 customers, growing its customer base 300% since the investment. That scale would make Amazon Go a $4.5B Amazon SMB Lending. in 2017 and 2.6%
Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail
CB Insights
FEBRUARY 13, 2020
Many leading tech companies — including Google (Checkout), Yahoo (PayDirect), and Microsoft (Passport) — tried to compete with PayPal to gain a foothold in the online payments market, but ultimately shuttered these product lines in the mid-2000s. Michelle Wilson, formerly General Counsel at Amazon (2018). Grow the the internet economy.
IRCTC to launch iPay e-wallet
The Paypers
MARCH 30, 2018
(The Paypers) Indian Railway Catering and Tourism Corporation (IRCTC) has announced the roll out of an in-house payment gateway, ipay, in the following months of 2018.
Finovate Global Netherlands: Investing in Digital Banking and Innovating with AI
Finovate
OCTOBER 4, 2024
The Intelligence Fabric leverages Backbase’s Grand Central Integration Platform-as-a-Service, which unifies data from multiple sources, including core banking systems, payment gateways, fintechs, and non-fintech systems such as CRMs. Check out this roster of Dutch fintechs that have demoed their innovations on the Finovate stage.
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CyberSource: Helping Merchants Prepare For eCommerce ‘Mini Peaks’
PYMNTS
FEBRUARY 5, 2020
And retailers have been turning to flash sales to drive transactions — 40 percent of them had such sales during the 2018 holiday shopping season. Witness Alibaba ’s Singles Day late last year, which notched $38 billion in sales. Unified Commerce Efforts.
Paytm Has Surpassed $4B Monthly GTV
PYMNTS
JULY 9, 2018
Gross transaction value includes recharges, bill payments to peer-to-peer transactions via UPI, peer-to-peer Walter transactions and all purchases made on the Paytm Mall and Paytm payment gateway. It does not include NEFT, debt or credit card transactions.
Deep Dive: Taking An API-Centric Approach To Faster B2B Payments
PYMNTS
DECEMBER 12, 2019
Instant payments can offer businesses flexibility, reassurance and security by ensuring faster fund delivery, while also furnishing companies with updated financial information that will enable timely investment decisions. banks reporting in 2018 that they would provide real-time payments. . A December 2018 survey of 57 U.S.
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The Battle for Pet Retail Supremacy Heats Up
PYMNTS
FEBRUARY 21, 2019
which is dedicating more of its stores to grooming and other services customers can’t get online, said it returned to growth in late 2018 after a stretch of declines.”. billion in pet products sales in 2018, a more than 30 percent increase over the previous year, according to estimates by Packaged Facts, a market research firm.”.
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Finovate Global Hong Kong: Open Platforms, Web3, and New Opportunities for Octopus
Finovate
OCTOBER 11, 2024
Finovate participated in the city’s Fintech Week back in 2018 as part of FinovateAsia. American Express Middle East forged a partnership with Dubai-based payment gateway Telr. Hong Kong Fintech Week begins on October 28 and extends through November 1.
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Hong Kong Eyes New Phase of Open API Project
PYMNTS
AUGUST 7, 2019
Financefeeds reported that the HKMA, in its latest update to implementation of the Open Application Programming Interface (API) Framework for the banking sector, which dates back to July 2018, is readying for the second phase, known as Customer acquisition. As noted last week. The solution is currently in beta phase, reports noted.
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Why Smart Pet Toy Startups Are Adopting Subscriptions
PYMNTS
FEBRUARY 7, 2019
On the PupPod website, consumers can pay either through the PayPal or Stripe payment gateways, and they choose a membership plan when they purchase their wobblers on PupPod’s site. Consumers can buy the wobbler – as well as the dispenser – through the websites of both companies. The IoT Pet Toy Market.
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The Platform Economy Evolves To Become More Personalized
PYMNTS
JULY 23, 2019
The global digital payments market was valued at $3.4 billion in 2018 and is expected to reach $7.6 But it’s countries like China and India where the economy developed a mobile-first mindset that is driving real growth in digital payments. billion by 2024, a CAGR of 13.7 percent, during the forecast period of 2019-2024.
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solarisBank To Grow Alipay In Europe; PagBrasil Teams With Singapore’s APACPAY
PYMNTS
MARCH 21, 2019
As it stands, the two platforms are said to have been integrated, and customers of APACPAY can tap into local payment choices. The payment platform from PagBrasil offers services from money collection to cross-border remittances. billion transactions for mobile payments in 2018, with 277.39 trillion yuan in total volume.
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11 Most Promising Singapore Fintech Startups in NextGen Tech 30
Fintech News
OCTOBER 22, 2024
In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to small and medium-sized enterprises (SMEs), including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution.
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29 Fintech Leaders Make Forbes 30 Under 30 Asia List This Year
Fintech News
JUNE 10, 2024
Yeshu Agarwal, 29, Co-Founder and CTO, Transak, India Yeshu Agarwal is the co-founder and CTO of Transak, a web3 payment gateway that simplifies the buying and selling of cryptocurrencies and non-fungible tokens (NFTs). He joined the firm back in 2018 as an analyst, where he honed his expertise for two years.
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7 Fast-Growing Fintech Startups in Thailand
Fintech News
MARCH 18, 2024
The company operates TrueMoney, a fintech platform and super-app that provides products and services including the TrueMoney Wallet, WeCard by MasterCard, TrueMoney Cash Card, Kiosk, Express, Payment Gateway, and Remittance. TrueMoney claims 27 million users, of which 17. million being active users.
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PayPal Deal, Connected Economy And Cyberwar Top Week’s News
PYMNTS
JANUARY 10, 2020
billion in a 2018 funding round. Ten years ago, the world of payments and commerce was in a very different place. Are Virtual Cards The Future Of B2B Travel Payments? Amir Rubin, a former UnitedHealth group executive, succeeded Lee. One Medical was valued at about $1.5 Who Will Shape The Future Of The Connected Economy?
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This Week in Fintech: TFT Bi-Weekly News Roundup 09/07
The Fintech Times
JULY 9, 2024
With this new licence, EdfaPay is set to bring its financial solutions, including Soft POS and Payment Gateway, to merchants and customers across Morocco, with a commitment to leveraging expertise and sustainable technology. Fairlo launched in Sweden in 2018 and received its FCA licence in the UK last year.
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B2B Services, Blockchain, APIs Gain Currency In Africa
PYMNTS
SEPTEMBER 3, 2018
Payments Initiatives In Africa. Separately, Finserve , a wholly owned subsidiary of Equity Group, announced its launch in August and is offering the Jenga API and Jenga Payment Gateway. The first part of the initiative will be completed at the end of September and should be fully available by May 2018, allAfrica reported.
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Elavon’s Sage Pay Acquisition, Google’s Citi Deal, Facebook Pay Top This Week’s News
PYMNTS
NOVEMBER 22, 2019
We have a deep dive on immediate payments, analysis on Google’s deal with Citi and news on Elavon’s acquisition of Sage Pay. payments gateway Sage Pay for $300 million. The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.”.
Are SCA Delays A Blessing Or A Curse?
PYMNTS
OCTOBER 21, 2019
For merchants, that means getting an early read on regulatory requirements in the regions where they plan to operate and developing a plan with their acquirers and payment gateways on managing the emerging landscape. Adobe used the regulation’s onset to ensure its payment integrations were SCA-compliant through 3D Secure 2.0,
Operational Resilience in Collections – Will You Meet the FCA’s Standards?
FICO
JULY 13, 2020
I was surprised to learn that the FCA had started a discussion process on the subject of “Building operational resilience: impact tolerances for important business services” on the 5th July 2018, moving into a formal consultation phase on 5th December 2019. Hone your business case development skills.
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Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram
PYMNTS
MARCH 25, 2019
Merchants will be able to leverage a new, custom-built application programming interface (API), designed to ensure seamless onboarding for Amazon Pay, using Worldpay as a payment gateway provider and acquirer. Instagram and PayPal Pair Up for Instacommerce. Google Pay is not the first “Pay” option available to eBay users.
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