European Central Bank launches T2 wholesale payment system
The new RTGS system replaces TARGET2, which had been processing payments worth on average €2.2 trillion per day, the ECB said.
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Category: Fintech and Payments
Digiseq, Curve to bring passive wearable payments to Europe
Digiseq’s technology can turn passive wearables such a ring, bracelet, or even an item of clothing into a payment device.
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Nomo launches multi-currency bank accounts for Gulf region
The service, which allows users to send money in six different currencies, will be available first in Kuwait before being rolled-out to the rest of the region.
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Tap Payments and PayPal ink deal for Middle East & North Africa
Tap Payments becomes the first payment partner in the region that can both enable PayPal and fully manage its onboarding, operations, and payouts for businesses
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Viva Wallet expands digital payment options in Portugal
The Viva Wallet POS app can now be used by merchants to accept MB Way and MB Ref payments, both online and in physical stores.
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Mastercard and QNB launch tap on phone service in Qatar
The “myPOS” tap on phone service transforms Android smart phones into contactless payment acceptance devices for small businesses.
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Ezra names Andrew Goodrich as its Chief Risk Officer
Goodrich joins from African mobile network operator MTN Group and will support Ezra’s delivery of credit solutions to Africa and emerging economies.
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Hokodo joins with France’s BNP Paribas on Buy Now, Pay Later for large business
The deal with BNP Paribas is part of its European expansion plans which recently saw the firm secure over Є37.8 million in a Series B funding
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Stripe and OpenAI launch payments for ChatGPT Plus
OpenAI has launched its payments system for a range of product lines including ChatGPT Plus, which is powered by Stripe Billing and Stripe Checkout
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Paymentology, Fondeadora launch Apple Pay in Mexico
Paymentology’s digital payment platform will be used by Fondeadora to offer faster transaction processing, advanced security measures, and enhanced data analytics, the firms said.
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Report: CBDC transactions to more than double in next seven years
Emerging economies with high levels of mobile penetration will see the biggest change in access to digital payments by 2030
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Clik2pay and Xero partner on invoice payments for small businesses
Clik2pay and Xero are aiming to help small businesses combat high inflation and payment processing fess by offering a direct-from-account payment option
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UBS partners with Tenity to boost Swiss start-ups
The deal gives UBS access to Tenity’s wider ecosystem including cross-industry platforms and its start-up programmes, both locally and globally
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Telkom integrates WhatsApp payments in South Africa
The integration with Clickatell’s Chat 2 Pay feature is said to be in response to a growing demand for fast, digital, self-help services
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Ria Money Transfer partners on remittances with Cambodia’s largest bank
The partnership adds nearly 300 cash pickup and payout locations to Ria’s network in Cambodia bringing cashpoints to a total of 4,318 in the country
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Arabic streaming platform launches e-wallets
The partnership between Shahid and Paymob is the first subscription video on demand (SVOD) service in the market to offer the payment option
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Mercedes-Benz rolls out in-car payments in Germany
Payment from the car by fingerprint will be extended to other services such as fuelling as well as to other European markets later this year
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Wix and Stripe bring Tap to Pay on iPhone to U.S. merchants
The deal allows Wix merchants to accept contactless payments directly from their iPhones via credit or debit cards, Apple Pay or other digital wallets.
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Worldline and Printec partner on payment services across Central and Eastern Europe
The strategic partnership agreement allows Printec and Worldline to expand the range of payment services in 16 countries across Central and Eastern Europe.
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Raiffeisen and myPOS partner to boost contactless payments in Hungary
The deal allows Raiffeisen account holders to start using myPOS tools to accept payments, see transactions in real time and settle funds t free of charge.
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RECENT ARTICLES
- Biedronka rolls out ‘pay with a card and withdraw’ service in Poland
- European Central Bank launches T2 wholesale payment system
- Digiseq, Curve to bring passive wearable payments to Europe
- Mastercard gets go-ahead to offer digital ID services in the UK
- Nomo launches multi-currency bank accounts for Gulf region
