Paysafe acquires SMB payments processor iPayment LeapRate

April 13, 2018 BY LeapRate Staff

Paysafe acquires SMB payments processor iPayment

Payments solutions provider Paysafe, parent company of Skrill and NETELLER, has announced that it has agreed to acquire iPayment Holdings, Inc., a U.S. based provider of payment and processing solutions for small and medium-sized businesses (SMB). The acquisition forms part of Paysafe’s previously stated investment strategy to expand its presence in North America in response to significant…

April 05, 2018 BY Valentina Kirilova

FairFX Group launches self-issuance of Mastercard branded cards

E-banking and international payments group FairFX Group (LON:FFX) has announced the achievement of two further milestones as part of its digital banking strategic plans, with the commencement of self-issuance of Mastercard branded cards and launching a commercial finance capability to its business banking customers. Self-issuance allows the Group to consider multiple options for issuance of…

March 30, 2018 BY Valentina Kirilova

Federal Reserve to study payments fraud and security vulnerabilities

The Federal Reserve has informed the public that work will begin this month on a new study that will measure fraud and associated costs in the U.S. payments system and identify the causes and contributing factors to fraud. The study is part of the Federal Reserve's ongoing effort to improve and support payment security throughout…

March 21, 2018 BY Valentina Kirilova

P2P currency exchange platform WeSwap launches across all global currencies

Travel money provider WeSwap informed that its peer-to-peer currency exchange platform can now be used in any currency, anywhere in the world – marking the latest launch in a series of 2018 rollouts that help travellers get the most out of their holiday money. As well as being able to swap into any of WeSwap’s existing…

March 20, 2018 BY Valentina Kirilova

DAV's drones to deliver you pizza and accept cryptocurrency payments

DAV Foundation has announced the launch of its exchange platform for autonomous transportation services via payments in cryptocurrencies. DAV (Decentralized Autonomous Vehicles)’s network connects self-driving vehicles (such as cars, trucks, rovers, and drones) to other vehicles, to customers, and to the infrastructure around them. It allows vehicles to work together, pay each other, and provide…

March 14, 2018 BY LeapRate Staff

GMO’s Z.com Trade adds Neteller and Trustly payment options

GMO-Z.com Trade UK Limited, the FCA regulated brokerage arm of Japanese retail forex giant GMO Financial Holdings Inc (TYO:7177) has announced that it has expanded its range of account funding options for retail clients. As part of its ongoing service upgrades, Z.Com Trade stated that it is pleased to announce the addition of the Neteller e-wallet…

March 14, 2018 BY LeapRate Staff

SafeCharge reports 11% Revenue growth in 2H-2017, monthly volumes top $1B

In line with the Trading Update the company issued in mid-January, payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has reported full year results indicating strong growth in the second half of 2017, led by record Revenues during Q4, helped by record transaction volume topping $1 billion in December - the company's best…

March 12, 2018 BY Valentina Kirilova

Riyad Bank launches Saudi Arabia’s first contactless payment bracelets

Riyad Bank, one of the largest financial institutions in Saudi Arabia, has just announced that it is launching the country's first ever range of contactless payment wristbands, using the Gemalto digital security solution. Fitted with Gemalto's contactless MiniTag, the bracelets are linked to the user's existing debit or credit account and offer the freedom to make…

March 06, 2018 BY Valentina Kirilova

Paysafe to deliver Verifone Connect to retailers in the U.S.

Payment and commerce solutions company Verifone (NYSE: PAY) and global payments provider Paysafe (LON:PAYS) have announced an agreement for Paysafe to be the first adopter in the independent sales organization (ISO) space to deploy Verifone Connect with Carbon and Engage devices to its network of quick service restaurants (QSRs) and small and medium-sized businesses (SMBs)…

March 01, 2018 BY LeapRate Staff

Paysafe hires two new VP Sales, Gretchen Bender and Bill Ranta

Payments service provider Paysafe has announced two sales leadership appointments to its North American team with the hires of Gretchen Bender as Senior Vice President of Sales, ISO Agents & Direct Sales, and Bill Ranta, as VP of Sales, Card Not Present. This latest investment in its North American Payment Processing business forms part of…

Category: Payments