Electronic Payments International
Heavy BNPL use among borrowers with high credit balances and multiple pay-in-four loans: CFPB. More than 60% of BNPL users have simultaneous loans, borrowers hold higher balances on other credit lines, and most loans are granted to …
dLocal, Viva Aerobus partner to ease payments for travellers
Nov 8, 2024 · Cross-border payments platform dLocal has forged an alliance with Viva Aerobus, a Mexican ultra-low-cost airline. This partnership aims to simplify local payment processing for travellers in Mexico, the USA, and Colombia.
Visa finalises purchase of paytech Featurespace
Dec 20, 2024 · IP Group, the first institutional investor in Featurespace back in 2012, has invested a total of £22.9m across seven fundingd rounds and is currently Featurespace’s largest shareholder.. IP Group anticipates a total cash receipt of £134m for its holding in Featurespace. Visa Value-Added Services president Antony Cahill said: “Both our companies have been at the forefront of using AI to ...
Mastercard’s 10 top payments trends for 2025 — and beyond
Dec 13, 2024 · Mastercard recently announced that by 2030, shoppers won’t even need a physical card number or have to punch in a password or one-time code to make a transaction online, thanks to the combination of tokenization, biometric authentication and the Click to Pay digital wallet. Mastercard summarises 10 key trends that may impact how consumers pay in 2025.
Worldpay brings faster refunds to the UK
Nov 27, 2024 · Under many systems, refunds can take days to reach consumer accounts. Worldpay research shows 40% of consumers expect a refund within 24 hours when making a return and now this could be a reality for shoppers with refunds coming through within minutes.
Crypto payments company MoonPay gains MiCA approval
Jan 3, 2025 · Crypto payments firm MoonPay has secured approval under the Markets in Crypto-Assets (MiCA) regulation. The MiCA framework, ratified by the European Parliament in April 2023, aims to establish a unified regulatory environment for digital assets across the European Economic Area (EEA), the second-largest crypto economy after North America.
The future of fintech: How embedded finance is transforming India
Nov 27, 2024 · Trends in embedded finance in India. With platforms that include Swiggy, Amazon, and Ola embedding digital payment options, transactions have become faster and more convenient, a trend further propelled by the widespread adoption of UPI (Unified Payments Interface).This allows users to make peer-to-peer (P2P) and person-to-merchant (P2M) transactions between banks.
Remittance taxation likely to reshape cross-border payments …
Nov 12, 2024 · Remittance tax and its potential impact on remittance volumes. A remittance tax would require financial institutions and remittance providers to undertake new compliance tasks, such as tracking, reporting, and potentially collecting taxes on cross-border transfers.
Elavon buys ETS to bolster payment capabilities
Sep 5, 2018 · Elavon CEO Jamie Walker said: “ETS has an innovative approach to merchant payments that fits well within Elavon’s strategy to provide businesses the ability to safely and quickly integrate into our system.
Saxo Payments Banking Circle - Electronic Payments International
Saxo Payments is the payments sector game-changer, which is adding value to the customer proposition for FinTechs, including PSPs, acquirers, and FX payments providers.