The new version of the payment solution is currently offered without the minimum monthly fee for all clients who join until the end of the year. There two variants of the solution – a crypto wallet managed by the provider’s team and a self-managed solution with the client’s sole control over the wallet. The official…
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David Tirado, vice president of business development at Revolut, said: Revolut builds seamless solutions for its customers. That means access to quick and easy payments and our collaboration with Stripe facilitates that. We share a common vision and are excited to collaborate across multiple areas, from leveraging Stripe’s infrastructure to accelerate our global expansion, to…
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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…
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Johan Tjärnberg, Group CEO of Trustly, commented: I am delighted to welcome Ecospend to Trustly. This is a perfect strategic fit and I am convinced that it will enable us to deliver a market-leading product in the UK, allowing us to capture opportunities and accelerate our current UK expansion. Metin Erkman, Founder of Ecospend, said:…
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Pratik Gandhi, COO and co-founder at Nium, said: More countries are turning to Nium to bring their legacy systems into the modern age. We enable money to move around the world - instantly, easily, and securely - while helping businesses position themselves for more opportunities in the digital future. The real-time payments in Malaysia, as…
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During the conference, da Ponte was also probed on the subject of central bank digital currencies (CBDCs), following news that the PayPal vice president had met up with central bankers across the globe. Though da Ponte accepted the logic of central banks issuing their own tokens, he refused the common opinion that just one of…
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Square’s tokenized check system uses Plaid to allow customers to securely connect their bank accounts for bank payments. This verification option enables customers to quickly enter their bank login credentials to connect an account to enable payments. Additionally, Square offers no fee refunds on ACH payments they process to make ACH acceptance even easier. Dennis…
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Wirecard SG has informed MAS that it is unable to continue providing payment processing services to a significant number of merchants, therefore the Singaporean watch dog has assessed that it is better for Wirecard SG to cease its payments services and promptly return all customers’ funds. With the cessation of Wirecard SG’s payments services in…
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The New Zealand numbers for April are even worse with 52% decline in payments, affecting every Australian company doing business in New Zealand. Reviewing Australian fintech institution Tyro’s weekly statement to the ASX, the volumes have been steady since early April. However, many market participants report that eCommerce payments have surged to unprecedented levels which…
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LR: According to you, what are some of the issues in the financial sector at the moment (let’s discuss banking and payment solutions, for example)? One of the main problems facing existing and new brokerages is that they cannot set-up accounts with tier 1 banks to manage payments. They are forced to use tier 2…
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