Category: Payments

October 06, 2017 BY Valentina Kirilova

Global merchants welcome new-generation Chinese tourists with UnionPay card services

6 million Chinese tourists are expected to visit foreign countries during the Golden Week from October 1. According to the latest analysis of China Tourism Academy, compared with previous years, the new-generation Chinese tourists of outbound tourism, instead of spending much time in shopping, they prefer activities such as self-driving, performance, special food and entertainment…

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October 05, 2017 BY Valentina Kirilova

Singapore consortium to harness blockchain technology for more efficient inter-bank payments

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced today that the consortium which they are leading has successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms. The project, conducted together with 11 financial institutions and five technology companies, is…

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October 05, 2017 BY Valentina Kirilova

Singapore and Thailand discuss e-payment alliance for digital push

Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash, Bloomberg has reported earlier today. The link would bring together Southeast Asia’s first national digital-payment platforms, Singapore’s PayNow and Thailand’s PromptPay, said Naphongthawat Phothikit, director…

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October 02, 2017 BY Valentina Kirilova

ANZ goes live with Fitbit Ionic payments

The Australia and New Zealand Banking Group Limited (ANZ) today announced it had partnered with global wearables brand, Fitbit, to offer customers the ability to make payments on the run through Fitbit Ionic, the ultimate health and fitness watch. From today, ANZ’s Australian customers will be able to load their eligible Visa debit or credit…

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acquisition
September 14, 2017 BY Valentina Kirilova

Klarna Bank acquires German online payments company BillPay

E-commerce payment provider Klarna Bank AB today announced that the acquisition of German online payments company BillPay has been completed. Sebastian Siemiatkowski, co-founder and CEO of Klarna: We are delighted that BillPay will now officially join Klarna Group. Combining our talent and technology will enable Klarna to continue to push the boundaries of innovation and…

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September 13, 2017 BY Valentina Kirilova

Paysafe: 54% of consumers to abandon cash within 2 years

Consumers to abandon cash by 2020 More than half (54 per cent) of consumers expect to abandon using cash for shopping in the next two years, according to new research conducted by payments services company Paysafe Group Plc (LON:PAYS). The report, called Lost in Transaction, uncovered the rapid move towards a cash-free economy with nearly…

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safecharge results
September 12, 2017 BY LeapRate Staff

SafeCharge reports 30% increase in first half 2017 Revenues to $75.6 million

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced its financial results for the first six months of 2017, which were a period of solid performance and delivery for the group. Transaction volumes continue to grow with very strong growth in the value of transactions processed through SafeCharge Acquiring. During the period, the…

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September 04, 2017 BY LeapRate Staff

SafeCharge names former Adyen exec Delphine Bos as VP Marketing, ex Berenberg Bank analyst Jean Beaubois for IR

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it has appointed Delphine Bos as VP Marketing and Jean Beaubois as Head of Investor Relations, with immediate effect. The company also confirmed that Tsach Einav has been appointed as Group Chief Financial Officer effective from September 1, 2017, which we had reported back in…

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September 01, 2017 BY Valentina Kirilova

Paysafe provides new payment options for DraftKings in Europe

Payments services company Paysafe Group Plc (LON:PAYS) announced that has furthered its partnership with DraftKings, a global daily fantasy sports (DFS) platform, by providing them the ability to expand their payment methods in Europe through Skrill Quick Checkout. Paysafe’s Skrill Quick Checkout platform provides customers with access to a range of payment methods in a…

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