Category: Payments

March 02, 2017 BY Valentina Kirilova

FCA to place a deadline on PPI complaints

The Financial Conduct Authority has today confirmed that it will introduce a deadline for making new payment protection insurance (PPI) complaints. The final deadline for making a new PPI complaint will be 29 August 2019. To encourage consumers to decide whether to act about PPI before the deadline, the FCA will run a two-year consumer…

Read more
March 02, 2017 BY Valentina Kirilova

Safecharge enables payments for innovative marketplace Funzing

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) today announced that it is providing its payments technology to Funzing, an innovative sharing economy marketplace. Funzing is a community marketplace that connects hosts that have created unique experiences with members of the public looking for an unusual way to use their free time. The…

Read more
February 28, 2017 BY Valentina Kirilova

Paysafe launches GOLO localized mobile ordering and payments solution

Payments services company Paysafe Group Plc (LON:PAYS) has today launched its GOLO app and web ordering platform, accessed through an instant and convenient consumer app that enables businesses to sell more effectively to their existing and new customers. With more than 100 local businesses already using GOLO, the ‘Go Local’ ordering app has now formally…

Read more
China UnionPay mobile banking
February 21, 2017 BY LeapRate Staff

FXCC adds China UnionPay for deposits to expand in Asia Forex markets

CySEC regulated forex broker FXCC has announced that it has introduced an extra payment option through its association with China UnionPay. In creating this new relationship, FXCC (formally FX Central Clearing Ltd) has opened up a gateway, allowing new and experienced FX traders from Asian countries such as China, to trade directly through FXCC. We…

Read more
February 20, 2017 BY LeapRate Staff

Groupon Japan CEO Satoru Nemoto hired as Country Manager of payments company Payoneer

LeapRate has learned that digital cross-border payments provider Payoneer has hired the CEO of the Groupon Japan unit of Groupon Inc (NASDAQ:GRPN), Satoru Nemoto, to be its new Japan Country Manager. Payoneer recently raised a $180 million VC round led by late stage venture capital investor Technology Crossover Ventures (TCV), aimed at expanding the company's cross-border…

Read more
February 15, 2017 BY LeapRate Staff

Norway central bank Norges takes 3% position in Skrill and NETELLER parent Paysafe Group

LeapRate Exclusive… LeapRate has learned via regulatory filings made in Norway and the UK that Norway’s central bank, Norges Bank, has taken a 3% equity position in the shares of online payments services giant Paysafe Group Plc (LON:PAYS). Paysafe’s brand portfolio includes NETELLER and Skrill, MeritCard, paysafecard, payolution, Income Access and FANS Entertainment. The Norges…

Read more