Cards & Payments
Paysafe to acquire payment technology firm Openbucks
UK-based online payments company Paysafe has acquired US-based payment technology company Openbucks, for an undisclosed amount.
Openbucks is a payment gateway that enables online merchants to accept retail gift cards as an alternative form of payment to credit cards, which...
Financing
InComm Payments acquires Brazilian gift card processor Todo Cartoes
InComm Payments, a leading global payments technology company, announced that it has acquired Todo Cartões, one of Brazil’s main closed-loop gift card processors. The acquisition will grow InComm Payments’ presence in the country by enabling the processing and distribution...
Financing
Revolut announces merchant acquiring solution for businesses
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments.
Revolut’s chief executive Nik Storonsky announced that merchant acquiring unit will allow businesses in 13 European countries to accept...
Banking
Banking tech startups find new business opportunities as banks digitise systems rapidly
COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some techies prefer to identify the pandemic as a watershed moment in the use of technology...
News
WhatsApp launch WhatsApp cart for integrated m-commerce
WhatsApp has introduced a new shopping feature called WhatsApp cart for an easier more integrated m-commerce shopping experience on the platform.
The “Add to Cart” feature enables users to browse through catalogues and include multiple products from one merchant. They...
Banking
The Netherlands Authority for Consumers and Markets probes NFC payments
The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices violates domestic laws.
In a statement, ACM noted many phones...
Americas
Temenos to support ClearBank with cloud-based payments platform
UK-based clearing bank ClearBank has entered into a strategic partnership with Temenos, a Swiss banking software developer, to leverage its cloud-based payments platform.
ClearBank aims to provide banks with access UK payment systems and a quick way to market for...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.
Must read