Payments services company Paysafe Group Plc (LON:PAYS) has just announced that it has extended the reach of its money transfer service, Skrill Send Direct, to a further nine countries. This means that Skrill customers can now transfer money from anywhere in the world to bank accounts and mobile wallets in a total of 45 countries.…
Read moreeBay and online payment giant PayPal have announced that they have extended their credit agreement in which eBay will continue to accept and promote PayPal Credit on its Marketplace platform. PayPal Credit, PayPal’s proprietary online consumer financing product, offers eBay shoppers choice and flexibility in how they pay. eBay has offered PayPal Credit to its…
Read moreAlipayHK and GCash today announced the launch of a cross-border remittance service through their e-wallet platforms, powered by blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group. This is the first blockchain-based cross-border digital wallet remittance service globally, offering a fast, secure, convenient, transparent and low-cost way to transfer…
Read morePayments services company Paysafe Group Plc (LON:PAYS) has just announced that it will begin offering same day settlement in mid-July to small business merchants based in the U.S. It will do this through partnership with Company.com LLC, a small business products and services platform, and instant money technology company, Ingo Money. This latest customer offering…
Read moreDash, the digital currency for payments, has just announced a partnership with AloGateway, a global payment processor which facilitates over 100,000 transactions per day. Through the partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies, including bitcoin and ether, in their AloGateway wallets. AloGateway is the one of…
Read moreLeading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the Swissquote Multi Currency Credit Card for making payments in a variety of currencies. It allows owners of a Swissquote trading account to benefit from a simple, flexible, and secure method of payment for transactions across the…
Read morePayments and consumer finance provider Klarna has just announced a partnership with EMaC – UK’s provider of service plans to the UK automotive industry. EMaC dealers can now offer their customers the ability to use Klarna’s consumer finance in store to pay for repairs and vehicle accessories, interest-free, as part of a ‘Drive now, Pay…
Read moreFinastra has just announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform. The solution enables financial institutions and third-party providers to process SEPA SCT Inst payments in the cloud, via EBA CLEARING’s pan-European instant payments service, RT1. Vinay Prabhakar, Head of Market Strategy, Payments at Finastra,…
Read moreLeapRate Exclusive... LeapRate has learned that FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has decided to discontinue its international money transfer business. The service was being offered only in the UK. GAIN Capital first announced plans in early 2016 to launch a separate money transfer business under the separate brand and website ForeignExchange.com. The business…
Read moreIngenico ePayments, the online and mobile commerce division of Ingenico Group SA (EPA:ING), today announced that Retail FX broker FXCM Group, LLC has selected Ingenico as its payment processing partner, providing customers worldwide with a highly secure and simple platform to deposit and trade foreign exchange (FX). FXCM offers global traders access to the world’s…
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