PYMNTS

MARCH 27, 2019

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. We are finding less and less cash is being used.”.

eWallet 43

eWallet Online and Mobile Banking Mobile Payments Central Bank 43

PYMNTS

MAY 15, 2019

HNB Deputy General Manager, Retail Banking, Sanjay Wijemanne said, according to the report, “The Solo eWallet offers our large customer base the option of cashless and digitally enabled payments with the swipe of a screen.”. After downloading the app, they can enter their mobile numbers and personal details to register for Solo.

eWallet 43

eWallet Online and Mobile Banking Payroll Small Business 43

PYMNTS

JUNE 13, 2019

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

The Paypers

MAY 17, 2017

(The Paypers) Payza , a global payment platform, has added Bitcoins to its eWallet offer, enabling users to perform Bitcoin exchanges to or from fiat currencies.

eWallet 28

eWallet Bitcoin Consumer Global Payments 28

Fintech Finance

OCTOBER 21, 2024

Ant International has already provided Alipay+ wallet partners in Asia, including AlipayHK (Hong Kong SAR, China), Dana (Indonesia), Livin’ by Mandiri (Indonesia), Touch ’n Go eWallet (Malaysia), and GCash (The Philippines), with the infrastructure to leverage the Alipay+ Mini Program solution.

Mobile Payments 97

Mobile Payments FinTech Cross-Border Payments SARS 97

PYMNTS

NOVEMBER 1, 2018

As noted here , at least one of the complaints involves stolen data used to initiate a real-time payment through the FPS Autopay service — a service that was then suspended by the HKMA. The alleged fraud involves personal data used to set up eWallet accounts and facilitate direct debit activity.

Real Time Payments 57

Real Time Payments Faster Payments eWallet Payments 57

PYMNTS

JANUARY 22, 2020

The partnership with Airtel Africa will allow over 15 million Airtel Money mobile wallet users in Nigeria, Uganda, Gabon, Tanzania, Zambia, DRC, Malawi, Madagascar, Kenya, Congo, Niger, Tchad, Rwanda and Seychelles to route any money transfer received from across the world into their mobile eWallets.

Real Time Payments 52

Real Time Payments eWallet Cross-Border Financial Inclusion 52

PYMNTS

NOVEMBER 12, 2018

In addition, Razer ’s mobile wallet dubbed Razer Pay may come to tens of thousands of point-of-sale (POS) terminals in Singapore , and a Worldpay study has found that consumers in Singapore still prefer to make payments with credit cards over eWallets.

Point-of-Sale (POS) 51

Point-of-Sale (POS) eWallet Credit Cards Online and Mobile Banking 51

PYMNTS

NOVEMBER 11, 2019

The first-of-its-kind integration will allow businesses to unlock FAST and PayNow instant bank transfers, make local bank payments with DBS PayLah! OCBC Pay Anyone, or NETS, pay in person at AXS or SAM terminals, complete electronic cash payments in stores via SoCash, or use eWallet payments with GrabPay.

FinTech 54

FinTech eWallet Payment Networks Global Payments 54

PYMNTS

MARCH 29, 2019

. “We expect the Yandex.Money multi-currency cards to be popular with a wide variety of users,” said Director of Products Alla Savchenko in a statement, pointing to the financial savings on currency conversion, or the time saving for users that don’t have to switch between different accounts to make global payments.

Multi-Currency 49

Multi-Currency eWallet B2C B2B 49

PYMNTS

DECEMBER 12, 2018

Coverage includes global payment firm Veem introducing its payments platform to Canada. Global payments firm Veem is bringing its international small business payments platform to Canada , the company said in an announcement.

eWallet 43

eWallet Point-of-Sale (POS) Multi-Currency Global Payments 43

PYMNTS

OCTOBER 24, 2018

The companies noted that by issuing Mastercard prepaid cards, Grab’s mobile payments platform, GrabPay , will become the first eWallet from Southeast Asia that is accepted around the world. This partnership goes beyond Grab issuing prepaid cards, and is a game-changer for Southeast Asia.

Visa 50

Visa eWallet Online and Mobile Banking Debit Card 50

PYMNTS

DECEMBER 15, 2017

Alternative payment methods such as eWallets and wearables saw modest growth this year, with many experts anticipating an acceleration of the trend in 2018. Consumers are living digital lives, and financial institutions (FIs) and organizations are clamoring to meet them where they are.

Alternative Payment Methods 81

Alternative Payment Methods eWallet Payments Data Breach 81

Fintech Finance

APRIL 26, 2024

Alan Ni, CEO of TNG eWallet, Malaysia, conveyed his appreciation, stating , “We are pleased to be recognized as one of Alipay+’s esteemed International eWallet partners. With a strong partnership with Alipay+, Toss Pay will expand its business in the global payment sector.” “As

Cross-Border 59

Cross-Border Cross-Border Payments eWallet Digital Payments 59

PYMNTS

MAY 22, 2019

There is at least one common goal that pretty much every player in financial services and payments can rally around: “The common thread is faster payments,” Kohli told Webster in the second part of a three-part Citi-PYMNTS podcast interview series. Consumers will have access to a variety of payment methods as a result.

Payments 75

Payments eWallet FinTech Cross-Border 75

PYMNTS

MAY 2, 2019

“Checkout.com’s proprietary technology helps fast growing businesses have seamless and reliable global payment processing for both companies and consumers,” the company said in a blog post.

eWallet 52

eWallet Debit Card PayPal Participant 52

PYMNTS

NOVEMBER 6, 2019

JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg reported on Wednesday (Nov.

Third Party Vendors 40

Third Party Vendors eWallet Accounts Non-Bank 40

Clearly Payments

FEBRUARY 14, 2024

The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance. For instance, the global payment processing market is estimated to reach a monumental $587.78 Furthermore, global payment volume reached a staggering $31.7 As of 2023, there were over 4.5

Payments 82

Payments Value Added Service BNPL ISOs 82

PYMNTS

SEPTEMBER 16, 2020

Cross-border payments technology company Payoneer debuted its Payoneer for Banks program last week, an initiative that provides financial institutions (FIs) and other service providers with infrastructure to send and receive global payments.

Cross-Border Payments 56

Cross-Border Payments Payment APIs and Integration Cross-Border Small Business 56

PYMNTS

NOVEMBER 22, 2019

And, of course, they can make payments, in a country where the Western card brands have yet to make any real impact and where UnionPay holds sway (and, according to recent stats, has a 45 percent share of the global payment cards in circulation).

eWallet 44

eWallet Consumer PayPal Visa 44

Fintech Finance

MARCH 27, 2024

“Initially, Stables set out to reimagine how stablecoins could power everyday payments, and today, we’ve turned that into a reality. We believe they will shape the future of cross-border payments, and the little guys will keep more money in their pockets.”

Stablecoins 52

Stablecoins FinTech Cross-Border Cross-Border Payments 52

PYMNTS

JANUARY 7, 2019

In fact, up to 70 percent of eCommerce transactions in India use the cash on delivery payment method, according to Statista.com. But consumers in India are indeed taking to mobile commerce, according to a Worldpay Global Payments report from late 2018. Expanding Ecosystems.

Alternative Payment Methods 76

Alternative Payment Methods Online and Mobile Banking Payments eWallet 76

PYMNTS

NOVEMBER 5, 2019

“Payment ubiquity, in this context, is the desire of institutional clients to say, ‘We don’t want our customers to change the way they pay just because it suits us, without taking into consideration what works for them,’” he explained. Tying Into the Back Office.

Cash Management 42

Cash Management Treasury Management Digital Payments eWallet 42

PYMNTS

JANUARY 29, 2018

But as technology makes inroads into far-flung payments, as paper gives way to new avenues of getting funds where they need to go – across digital options – the speed bumps go by the wayside. The main impediment to fund flow is tied mainly to the KYC and AML – and any number of other requirements – that can vary by country.

Cross-Border Payments 53

Cross-Border Payments Cross-Border Payments Payroll 53

Payment Savvy

DECEMBER 2, 2022

Functioning on both iOS and Android, PayPal is a leading app for making global payments. One of the main reasons businesses are building the eWallet app PayPal is that it doesn’t require an annual membership fee. Nowadays, it’s a real hit among users due to the constant improvements.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

JULY 16, 2018

This is yet another way we are positioning ourselves to be the one-stop solution for global digital commerce.”. According to PayPal , in many markets, consumers are choosing to make payments via alternative methods, such as bank transfers, eWallets and cash.

PayPal 46

PayPal Cross-Border Alternative Payment Methods eWallet 46

PYMNTS

JULY 19, 2018

Razer) are teaming up to roll out eWallet service Razer Pay, UOB said in an announcement. “At the same time, it will help us to expand business in Kazakhstan, as well as to improve the customer service.”. In other news, Singapore’s United Overseas Bank Limited (UOB) and Razer Inc.

Security 40

Security eWallet Non-Bank P2P 40

PYMNTS

NOVEMBER 14, 2019

Prepaid cards for Singapore: Gaming company Razer recently partnered with card network Visa to facilitate payments to the region’s unbanked consumers. The former will integrate Visa support into its eWallet, allowing its 60 million customers to make and receive payments online and via prepaid cards.

Online and Mobile Banking 49

Online and Mobile Banking Payments Push-to-Card Mobile Payments 49

PYMNTS

DECEMBER 19, 2019

As reported last month, the BRICS have been moving toward a unified payment system. As CNBC noted, and per commentary from Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), “increasing non-market risks of the global payment infrastructure” has been the tailwind behind the move toward integration.

Mobile Payments 52

Mobile Payments Cross-Border Online and Mobile Banking Payments 52

PYMNTS

DECEMBER 19, 2019

As reported last month, the BRICS have been moving toward a unified payment system. As CNBC noted, and per commentary from Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), “increasing non-market risks of the global payment infrastructure” has been the tailwind behind the move toward integration.

Mobile Payments 52

Mobile Payments Cross-Border Online and Mobile Banking Payments 52

PYMNTS

FEBRUARY 5, 2019

The company described the offering as an “advanced eWallet system” that has an app on the front end and software to control tracking as well ass reporting, among other functions, on the back end. In other news, Upco International Inc.

Digital Currency 51

Digital Currency eWallet Contactless Payments Cryptocurrency 51

PYMNTS

AUGUST 8, 2018

.” And the State Bank of India (SBI) has rolled out a multi-option payment acceptance device (MOPAD) to help encourage cashless transactions, according to reports. The device accepts several payment options, such as SBI Buddy (eWallet), Bharat QR and card payments.

Encryption 40

Encryption eWallet Debit Card Breach 40

PYMNTS

DECEMBER 26, 2018

But as Anil Sawrup, chief commercial officer of Cambridge Global Payments, discussed. Doing so can involve a wide variety of tools including blockchain and real-time payments functionality and APIs. Moving funds across borders is no one’s idea of fun. KYC and ALM requirements inject significant friction into the process.

Cross-Border 62

Cross-Border Real Time Payments RTP Online and Mobile Banking 62

PYMNTS

MARCH 16, 2017

“It’s true,” Moen said of B2B payments’ reputation. “A The rise in variety of payment rails, from eWallets to cards, has certainly turned consumer payments on its head. But as payment values increase, these payment vehicles are no longer sustainable, he said.

B2B 43

B2B Cross-Border Cross-Border Payments Payments 43

PYMNTS

JULY 3, 2017

Or when they lose international deals because they’re not accepting the latest and greatest form of digital payment. Both of these fall within the top five challenges facing modern travel agents, according to a list compiled by online global payments company Paysafe.

Payments 44

Payments Cross-Border Debit Card Law Enforcement 44

PYMNTS

NOVEMBER 9, 2017

Merchants accepting PayPal will also be able to process both local and global payments, getting access to the payment processor’s more than 218 million customers around the world and in India.

PayPal 46

PayPal Push-to-Card Privacy Global Payments 46

PYMNTS

JANUARY 23, 2020

This partnership will accelerate the adoption of digital payments — especially in cross-border commerce for Chinese consumers who want to shop outside of China as well as non-Chinese consumers who wish to transact with merchants inside its borders. Opening China For Global Payments.

PayPal 52

PayPal Cross-Border Credential Use Case 52