Standard Chartered has teamed up with Wise to enhance cross-border remittance services across Asia and the Middle East. Through this partnership, Standard Chartered’s SC Remit customers will now be able to send money in 21 currencies, including USD, CAD, EUR, GBP, SGD, and JPY, with transactions completed in just seconds. The ... Read More

NatWest has introduced Approval2Buy, a mobile virtual card payment tool designed to streamline business expenses. Powered by Mastercard’s virtual card and tokenisation technology, Approval2Buy allows companies to instantly generate virtual cards for online payments and ‘Tap and Go’ transactions via digital wallets. This new ... Read More

Melio, a payments platform tailored for small and medium-sized businesses (SMBs), has secured $150 million in a Series E funding round led by Fiserv. This new funding brings Melio‘s valuation to $2 billion. Other participants in the round include Shopify Ventures, Capital One Ventures, Accel, Bessemer, Coatue, Frontline Ventures, ... Read More

Affirm, a major North American Buy Now, Pay Later (BNPL) platform, has officially entered the UK market. Founded in 2012 and listed publicly since 2021, Affirm has processed over $75 billion in transactions across the US and Canada in the last five years. Now authorized and regulated by the FCA, the company offers both interest-free ... Read More

Tappy Technologies has introduced an innovative ring that combines fitness tracking with contactless payments. The ring can be tokenized with users’ debit, credit, or prepaid cards, allowing for secure, card-free payments. Developed in partnership with Thales, the ring incorporates secure element chips to protect financial ... Read More

Standard Bank partners with Volante to modernize payments across Africa, integrating Payments-as-a-Service to enhance efficiency, unify payment formats, and adopt ISO 20022 ... Read More

Speedy payment gateways enhance customer satisfaction by reducing delays, decreasing cart abandonment, and creating seamless transactions, strengthening brand loyalty ... Read More

Having a merchant account is essential for small businesses aiming to thrive in today’s competitive landscape. This type of account enables businesses to accept various forms of electronic payments, including credit and debit cards, which are increasingly favored by consumers. Here are six key benefits of having a merchant account for ... Read More

High-risk businesses, such as those involved in online gambling, adult services, or international retail, face significant challenges related to transaction fraud. This type of fraud can lead to chargebacks, damage to reputation, and even the loss of a high-risk merchant account. Fortunately, high-risk merchants can adopt several ... Read More

Businesses increasingly relying on subscription models to generate consistent revenues and deliver ongoing customer value are quickly adopting subscription payment gateways as essential tools in managing and automating recurring billing processes, improving customer experiences while assuring timely and secure payments. We will explore ... Read More

Businesses operating within today’s globalized economy have endless possibilities for serving international markets. However, accepting payments from customers across various countries can present unique difficulties. Cross-border payment gateways act as a bridge, streamlining international transactions with secure and efficient ... Read More

Top Alternative Payment Methods for Businesses in 2024 In today’s digital economy, traditional payment methods no longer represent the only solutions, as consumers seek more flexibility and security from payment providers. Alternative Payment Methods (APMs) have emerged as essential tools for businesses striving to reach wider ... Read More