payment - FinTecBuzz

Safenetpay to launch new Mastercard targeting UK’s 6Mn SMEs

December 10, 20213 min

Safenetpay, the one stop business payment solution, today announces they will launch a new SME Mastercard. The card is the latest development in Safenetpay’s mission to create a fairer and more progressive financial ecosystem for the UK’s 6 million SMEs and sole traders. Safenetpay will issue Mastercards directly, improving the delivery of its pioneering B2B payment solutions and ability to acquire new customers at scale. Sanjar Mavlyanov, CEO and founder of Safenetpay, says “Introducing a Mastercard to go...

by BusinessWire

Payments

CompoSecure Appoints 25-Year Payments & Security Veteran as CRO

December 9, 20215 min

CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and an emergent provider of cryptocurrency storage and security solutions, today named Amanda Gourbault its Chief Revenue Officer (CRO), reporting to the CEO. Amanda will lead the company’s sales, pricing, marketing and revenue management activities. She will join CompoSecure’s Senior Leadership Team, which guides the organizational vision and operational strategy to achieve its business objectives. “This is an exciting time in our evolution as we’ve...

by PRNewswire

Payments

LianLian Global achieves full US coverage

December 8, 20215 min

LianLian Global, a leading cross-border payment service provider (PSP), has successfully obtained money transmitter licenses in all 50 US states. This complete coverage increases LianLian Global’s value to US customers as a PSP. It also boosts the value to platforms, banks, and marketplaces who depend on a partner that can execute flawlessly and protect their business from compliance headaches and risky/expensive middlemen. So no matter where an ecommerce seller is based in the 50 states,...

by BusinessWire

Payments

Global $26.4 Billion Proximity Payment Market Industry to 2027

December 6, 20219 min

The “Global Proximity Payment Market By Offering, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027″ report has been added to ResearchAndMarkets.com’s offering. The Global Proximity Payment Market size is expected to reach $26.4 billion by 2027, rising at a market growth of 11.6% CAGR during the forecast period. With proximity payment technology, devices can communicate and carry out payment generally within a distance of 4 cm. This mode of payment enables customers to pay...

by PRNewswire

Payments

MoonPay, Closes $555 Million Funding

December 3, 202114 min

FinancialNewsMedia.com News Commentary – Leading crypto payments infrastructure provider, Moonpay just closed a $555 million Series A financing to rapidly accelerate its global footprint, invest in its world-class team, and underwrite an expanding number of innovations in the crypto economy. The funding, which has sent the crypto start-ups’ valuation to $3.4 billion marks yet another massive funding in the crypto space. Not only is funding in the space increasing, but crypto is also becoming more mainstream with institutional and even traditional investors...

by PRNewswire

Payments

Bexs Banco & Thunes to Enable Real-time Payments to Brazil

December 2, 20214 min

Thunes, a Singapore-headquartered global payments company, today announced a partnership with Brazil’s Bexs Banco (“Bexs”), a pioneer in international digital payments, to help global businesses and customers make real-time payments to Brazil, including payments to Pix, the instant payment system developed by Brazil’s Central Bank. With this partnership, Brazilian recipients will be able to enjoy increased speed and transparency of inbound transactions processed by Thunes. Those using Pix will receive payments instantly. Since launching in November 2020, Pix has already gained more than 112...

by PRNewswire

Payments

Simpl Announces 40M in Series B Funding

December 1, 20216 min

Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants provide consumers an easy, safe and intuitive way to buy. Its flagship product,1-tap Pay Later, enables consumers to buy with a tap and...

by PRNewswire

Payments

PayOp announces partnership with virtual banking company PayDo

November 30, 20212 min

On 18 November, the international online payment aggregator PayOp announced the start of cooperation with online banking PayDo Two fintech companies, PayOp and PayDo, have confirmed their collaboration in the field of financial services. The partnership between firms will provide a unique payment acceptance and processing platform for both businesses and individuals worldwide. The main aim of this cooperation is to improve payment instruments and increase their efficiency, therefore contributing to the development of the...

by PRNewswire

Payments

Hepsiburada’s HepsiPay Partners With Payment expert Paycell

November 29, 20216 min

Agreement allows Turkcell subscribers to shop on Hepsiburada through HepsiPay Wallet without a bank account HepsiPay, the digital open wallet of leading Turkish e-commerce platform Hepsiburada (NASDAQ: HEPS), today announces a new payment agreement with Paycell, the fintech subsidiary of Turkey’s leading telecom operator, Turkcell (NYSE: TKC). The agreement will enable consumers to shop easily on the Hepsiburada platform without the need for a bank card by using the new direct carrier billing capability on HepsiPay Wallet. Beginning in December,...

by BusinessWire

Payments

Global P2P Payment Market (2021 to 2030)

November 25, 20216 min

The “P2P Payment Market Transaction Mode, Payment Type, End User and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030″ report has been added to ResearchAndMarkets.com’s offering. P2P payments or peer-to-peer payments are electronic money transfers made from one person to another through an intermediary. In addition, all P2P transactions happen electronically without the need for a middleman, which results in extremely low transaction fees ranging from 2-3%, thus providing better user experience and transparency. Furthermore, it is one of...

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