Global issuer processor Paymentology is joining forces with ViaCarte, a customisable payment platform and issuer, to increase card issuance across Latin America and the Caribbean. Through the new collaboration with Paymentology, ViaCarte will offer BIN sponsorship, enabling SMEs to launch their own card programmes. Clients can go to market quickly and cost-effectively thanks to the combined expertise of […]
Fintech
Aktionariat and Taurus Partner to Boost Liquidity for Tokenised Swiss SMEs
Aktionariat AG, a Swiss equity token specialist, and securities firm Taurus SA have partnered to enable selected tokenised Swiss SMEs to trade on Taurus’ Digital Exchange (TDX). This collaboration combines Aktionariat’s nous in tokenising equity with Taurus’ institutional-grade trading platform, offering a potential pathway for companies to access a broader network of investors. Under this partnership, Taurus will support tokenised […]
Mastercard, Amazon Team to Digitize Payment Acceptance in Middle East, Africa
Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and the United Arab Emirates. The collaboration will see Amazon Payment Services adopt Mastercard Gateway […]
New payment methods announced for PA Turnpike
PENNSYLVANIA, USA — On Monday, Pennsylvania Turnpike officials announced that customers can now use Google Pay and Apple Pay as the newest options to pay tolls. “These new payment options deliver what the majority of our customers want: seamless and convenient mobility,” said Pa. Turnpike CEO Mark Compton. “Our customers have a clear preference for […]
Trinidad and Tobago Partners With UPI Developer NPCI to Develop Digital Payment Platform
Trinidad and Tobago is working with a subsidiary of NPCI, the developer of India’s Unified Payments Interface (UPI), to implement a similar solution in the Caribbean nation. NPCI International Payments Ltd., a wholly owned subsidiary of NPCI that’s devoted to the deployment of UPI outside of India, entered into a strategic partnership with the Ministry […]
Small Businesses Divided on How to Proceed After Rate Cuts
Last week, the Federal Reserve cut interest rates by half a percentage point. Now, The Wall Street Journal reported Thursday (Sept. 26), small business owners aren’t sure how to proceed. In some cases, the report says, the rate cut is prompting businesses to invest. For example, there’s Rental Concepts, a tire-and-wheel retailer in Arkansas, which […]
EPI Rolls Out Wero Instant Payment Solution Across Western Europe
A new digital wallet and instant payment solution dubbed “Wero” is reportedly being rolled out across western Europe. Backed by 16 of the European Union’s major banks and payment processors, Wero will allow consumers to pay with their own bank account, Bloomberg reported Friday (Sept. 27). Wero aims to provide consumers with an alternative to Visa and Mastercard cards, according to […]
Navigating the Challenges of Cross-Border Payments in a Global Economy
Tapping into the global economy requires successfully navigating the challenges associated with cross-border payments. Even relatively simple tasks, like processing payments in foreign currencies, can become major headaches if you fail to account for the volatility of exchange rates. Proactively addressing common challenges like fraud, regulatory compliance, and processing times can help protect a company’s […]
Klarna Partners with Adyen for In-Store BNPL Rollout
Swedish fintech giant to launch buy now, pay later services on Adyen’s payment terminals across Europe, North America and Australia Klarna, the Swedish financial technology company specialising in buy now, pay later (BNPL) services, has announced an expanded partnership with Adyen, the Dutch payment processing platform, to extend its offerings to physical retail locations. The collaboration will see Klarna’s BNPL […]
Digital Payments: Mastercard and KaiOS to Streamline Payment Acceptance for SMEs in Emerging Markets
KaiOS, the operating system that brings the best of the internet to affordable devices, announced a partnership with Mastercard (NYSE: MA) to integrate a range of digital payments solutions. Mastercard and KaiOS explained in a blog post that they will aim to deliver affordable payment acceptance devices and “stimulate the growth of a more inclusive, connected […]