Paysafe integrates Mastercard Send into its payments platform LeapRate

June 28, 2022 BY Steffy Bogdanova

Paysafe integrates Mastercard Send into its payments platform

Paysafe’s platform latest updated will allow access to Mastercard Send via the existing payment connection, alongside the full suite of Paysafe’s payment products and services. The integration will also provide merchants with automatic reconciliations plus transaction data along with customisable reports. Scott Abrahams, Senior Vice President Business Development, United Kingdom and Ireland SIP at Mastercard…

April 04, 2022 BY Steffy Bogdanova

ANZ Worldline Payment Solutions announces launch in Australia

Roland continued: It is vital that businesses have the tools to respond to the accelerating take-up of digital payments technology and the rebounding economy. While mass transaction technology calls for economies of scale, the uniqueness of each business must not be underestimated. For small business, that means making it easier and faster to accept payments…

April 04, 2022 BY Steffy Bogdanova

Klarna finalises acquisition of Nordic comparison shopping service PriceRunner

David Fock, Klarna’s Chief Product Officer commented: Together with PriceRunner we already have some exciting plans on how we can swiftly integrate our teams and technology stacks to launch products that enhance the shopping experience for Klarna’s 147m global consumers. We look forward to welcoming our new colleagues to Klarna. The acquisition will serve to…

April 01, 2022 BY Steffy Bogdanova

Worldline completes acquisition of majority stake in ANZ acquiring business

The new joint-venture with ANZ Bank will also Worldline to significantly expand its merchant acquiring business outside of Europe. It will provide the company direct access to an existing merchants’ portfolio. The company stated in the official announcement: The combination of ANZ’s strong market position and Worldline’s global scale, best-in-class technologies and payment expertise will…

March 11, 2022 BY Steffy Bogdanova

Visa announces finalising acquisition of Tink

Charlotte Hogg, CEO of Visa Europe, commented: Digital tools are driving the new economy, and the combination of Visa and Tink will support greater choice and quality of digital money services as the lines between commerce, financial services and payments continue to converge. Jack Forestell, Chief Product Officer of Visa, added: Openness and innovation are…

Mastercard, Visa, American Express, Paypal exit Russia

March 07, 2022 BY Steffy Bogdanova

Payment firms Visa, Mastercard, American Express and PayPal suspend services in Russia

American Express also joined in the effort to boycott business in Russia and Belarus over the war in Ukraine and announced suspending all operations in the two countries. The company said that its globally issued American Express cards will not work in Russia at merchants or at ATMs. Cards issued by Russian banks will still…

February 07, 2022 BY Steffy Bogdanova

Fiserv sings a definitive agreement to acquire Finxact

Frank Bisignano, President and Chief Executive Officer of Fiserv, said: This transaction complements our Fiserv account processing solutions and expands our opportunities to serve clients by bringing together Finxact’s highly flexible and scalable API-first capabilities with the comprehensive digital financial solutions portfolio and expertise of Fiserv. Through this combination, Fiserv will create a streamlined path…

January 20, 2022 BY Steffy Bogdanova

StoneX expands services into digital payments, Dean Chang to lead the development

Carsten Hils, Global Head of StoneX Payments, commented: We recognize that although we are providing world-class cross-border FX payout solutions, our clients have other payments needs that we plan to address with these new capabilities. We want to position ourselves to support their goals, leveraging our experience and knowledge in emerging markets. Dean brings a…

December 21, 2021 BY Steffy Bogdanova

Visa finalises acquisition of Currencycloud

Visa revealed its plans to buy Currencycloud in July 2021 for £700 million. The deal is based on the foundation of the two form’s existing partnership. Currencycloud’s cloud-based platform supports more than 500 banking and technology clients. Since it was founded in 2012, the company has spread across more than 180 countries.

December 14, 2021 BY Steffy Bogdanova

Nuvei and Visa team up to release crypto-friendly debit cards

Nuvei’s Chair and CEO, Philip Fayer, commented: The branded Visa debit card is a huge asset to our partners and their users, enabling the immediate and seamless spending of crypto earnings,” he said, “With this program, Visa has played a vital role in expanding the crypto ecosystem by closing the gap between traditional finance and…

Category: Payments