Adyen to become acquiring bank for Klarna
Dutch payment firm Adyen is set to become an acquiring bank for Klarna’s global consumer offerings, starting in Europe, North America, and Asia in 2024.
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Tag: online payments
The UK government publishes the Future of Payments Review 2023
Among several key recommendations, the Future of Payments Review has marked the development of a national payments vision and strategy as a key priority while it has called on more consideration to be given to the nature of government engagement with big tech.
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Saudi Arabia’s PayTabs inks deal with Tabby
On the back of the deal, PayTabs will offer Tabby’s split payment option to merchants in both Saudi Arabia and the United Arab Emirates.
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Xero unveils cash flow management tools for UK small businesses
Cloud-based accounting firm, Xero has unveiled two new payments features that it says will help UK small businesses save time and have greater control over their cash flow.
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Zoom teams up PCI Pal to upgrade payment experience
Zoom Video Communications has teamed up with SaaS provider PCI Pal to integrate two new payment solutions into its platform.
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Avelo Airlines inks deal with PayPal for ‘Pay in 4’ payments
Avelo Airlines has inked a deal will PayPal to become the first U.S. airline to offer PayPal’s Pay in 4 payment feature.
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Mollie secures UK Payment Institution licence
Payment service provider, Mollie, has been granted a Payment Institution licence in the UK by the Financial Conduct Authority (FCA), as it looks to ramp up its UK expansion plans.
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Nuvei and Esenda partner to launch online payments for education providers
Nuvei Corporation has partnered with school fee management specialist, Esenda to launch an online Tuition Fee Collection and Income Management Platform.
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Alternative payments account for nearly 40% of e-commerce transactions in Singapore in 2023
Alternative payment methods such as mobile and digital wallets are being widely used in the e-commerce space in Singapore, accounting for 38.6% of online payments made in 2023, a GlobalData report has revealed.
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TerraPay receives in-principle approval from the Monetary Authority of Singapore
TerraPay plans to use the approval to bolster its existing local presence and partnerships across Singapore, South Korea, Vietnam, and the Philippines.
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PayPal launches U.S. dollar stablecoin to expand into crypto payments
The company announced that the stablecoin, which is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, is now being rolled out to eligible U.S. PayPal customers.
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The world’s top 200 Fintech companies – CNBC
The world’s top 200 Fintech companies – CNBC
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Affirm partners with Cathay Pacific on pay-over-time travel
Affirm partners with Cathay Pacific on pay-over-time travel
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Paysafe and IC Markets to expand payment options in Latin America
Paysafe and IC Markets to expand payment options in Latin America
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Paymob and Chefaa partner to digitise pharmaceutical payments in Egypt
The deal between Paymob and Chefaa is seeking to drive digital payment adoption whilst enabling the industry to streamline prescriptions for chronic patients who require recurring refills.
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Clik2pay integrates with WooCommerce to enhance online payments
The Clik2pay’s integration will allow WooCommerce users to offer their customers a direct-from-account payment option and begin accepting debit payments with Clik2pay instead of relying on credit cards alone for online payments.
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Marqeta report: Confidence grows in embedded finance and digital payments
Although there has been a rise in embedded finance and digital financial services consumers haven’t yet abandoned their traditional banks with many opting for multiple financial services providers to meet their needs.
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Worldline and BigCommerce team up to reduce online shopping cart abandonment
Research shows that 70% of online shopping carts are abandoned which means that a significant proportion of online shoppers are placing items into their baskets without completing their purchases.
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Amazon Pay adds Affirm pay-over-time feature
The Affirm feature allows participating retailers to offer bi-weekly and monthly pay-over-time options side-by-side at checkout.
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Flutterwave, Token.io to provide Pay By Bank transfer to users in UK and EU
Flutterwave said the deal will give its African e-commerce merchants enhanced access to customers in Europe, while Token.io can use Flutterwave’s presence in Africa to enable a Pay By Bank method for businesses in the continent
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