Sat.Aug 24, 2024

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An Overview of Debit Cards, P2P Payments, and Digital Cash in 2024

Clearly Payments

Debit payments, peer-to-peer (P2P) money transfers, and digital cash have been evolving at a good pace over the past 10 years. This has been changing how individuals and businesses manage their finances and pay for goods and services. There is an overall significant decrease in the use of physical cash in favour of using digital methods. This article explores the innovations in these areas, along with statistics.

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Altery Teams Up With Uzum Bank to Enable Instant Money Transfers From UK to Uzbekistan

The Fintech Times

Altery , a UK-based payment service provider startup, is teaming up with a leading digital bank in Uzbekistan, Uzum Bank , to offer more cost-effective money transfer solutions tailored to the fast-growing market in the region. Altery explained that it hopes to combine its global payment solutions with the established presence and expertise of Uzum Bank in Uzbekistan.

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Navigating the Compliance Maze: Online Casinos, Payment Processors, and the Challenges of High-Risk

Finextra

The online gambling industry, particularly the high-risk segment of online casinos, has long been a.

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Mercado Pago Enables Brazilian Users to Buy and Sell Stablecoin Pegged to US Dollar

The Fintech Times

Latin American payment service provider, Mercado Pago , now enables customers to buy and sell the Meli Dollar stablecoin through its app to all users in Brazil. The Meli Dollar stablecoin is pegged one-to-one with the US dollar and looks to ensure users have access to options less volatile than existing cryptocurrencies. Mercado Pago hopes the move will help democratise access to financial services and offer a practical and stable option for financial management for Brazilians.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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PayComplete and Evention Partner to Improve Retail and Hospitality Payment Struggles

The Fintech Times

For a long time, the retail and hospitality sectors have faced the ‘last mile’ data problem in cash credit card payment reconciliation. A new partnership between PayComplete , the global cashtech solutions provider, and Evention , an automated payments reconciliation software, is looking to tackle this issue by integrating operational cash handling with automated reconciliation.

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allpay Launches Staff Reward Gift Card, Encouraging Spending Locally in Hereford

The Fintech Times

Herefordshire-based payment solution provider allpay has officially added a new local gift card to its range on its reward and recognition platform, following a successful pilot. After positive employee feedback, allpay has introduced a local gift card for Hereford as a permanent employee reward option. HR leaders at the firm say the card has been hugely popular, with staff from across the business issuing the local gift card as a reward.

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