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/cloud

NovoPayment unveils new middleware orchestration layer

NovoPayment, a mission-critical financial and payments infrastructure provider, today released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its industry-leading BaaS platform. Orchestra is designed to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.

/payments

Balance launches surcharging programme to ease B2B credit card burdens on merchants

Balance, the preferred B2B payment platform for leading businesses, announced today the launch of its surcharge solution. This capability enables suppliers to implement a surcharge fee for credit card transactions, providing flexible payment options to buyers while preserving healthy profit margins.

/payments

UnionPay International inks QR payments MoU with National Bank of Cambodia

Today, UnionPay International (UPI) and the National Bank of Cambodia signed a Memorandum of Understanding in Phnom Penh, Cambodia's capital.

/payments

FOO works with Infinios to deliver digital-first card issuing platform

FOO, an award-winning B2B fintech solutions provider headquartered in the UAE, has partnered with the Bahrain-based payment services provider and card processor, Infinios Financial Services B.S.C (C).

/payments

PSR seeks views on recent changes to fees charged by card schemes

The Payment Systems Regulator (PSR) has published its third working paper as part of its card scheme and processing fees market review.

/payments

Phos brings SoftPOS to Discover merchants

Phos by Ingenico, the global leader in software point-of-sale (SoftPoS) orchestration for businesses, has partnered with Discover Global Network to enable its merchants to accept payments from Discover, Diners Club International and network alliance Cardholders worldwide.

/payments

PayPal disables card readers with Tap-to-Pay on Venmo and Zettle

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on Android is rolling out for Venmo business profile users in the U.S., enabling them to accept contactless payments directly on their Android mobile devices with no additional hardware or upfront cost.

Visa acquires core banking platform Pismo for $1bn

/payments

Visa acquires core banking platform Pismo for $1bn

Credit card behemoth Visa has splashed out $1bn to acquire Brazil-based core banking platform Pismo.

Square launches credit card for sellers

/payments

Square launches credit card for sellers

Square continues to round out its banking product suite, adding a credit card and cash flow management tools for its US sellers.

Sendwave launches bank account for migrants

/inclusion

Sendwave launches bank account for migrants

Remittance outfit Sendwave has launched a banking product for migrants in the United States.

/payments

FreedomPay integrates Visa network tokenisation capabilities

FreedomPay, a global leader in Next Level Commerce™, announces a partnership with Visa to integrate Visa’s network tokenization capabilities within FreedomPay’s global identity and tokenization framework.

/Cards

Mastercard and Alipay team to let travellers to China go cashless

With the resumption of travel and tourism to China in full swing, Mastercard and Alipay, China's leading digital open platform under Ant Group, today announced the launch of a new payments option that provides international arrivals to China with another simple and secure way to go cashless when visiting the country.

/sustainable

Karma Wallet partners Marqeta on sustainable prepaid card

Karma Wallet, a sustainable fintech platform, today announced a partnership with Marqeta, a global modern card issuing platform, to launch a prepaid debit card solution, which will empower consumers to make a positive impact on the world while managing their finances.

Robinhood buys credit card startup X1

/startups

Robinhood buys credit card startup X1

Stock trading app Robinhood has agreed to buy credit card startup X1 for about $95 million in cash.

AmEx to debut on-demand virtual cards for expenses with PayEm integration

/payments

AmEx to debut on-demand virtual cards for expenses with PayEm integration

Global procurement and spend management company PayEm has integrated with American Express to give users a new option for managing payments and expenses.

/payments

EazyPay and JCB cooperate for online payment service

Eazy Financial Services (EazyPay), a provider of online payment services licensed by the Central Bank of Bahrain, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., the leading payment brand from Japan, have signed an agreement to enable JCB Card acceptance across EazyPay's POS and e-commerce merchant network in the Kingdom of Bahrain.

/payments

Revolut launches premium plan

Revolut, the global financial super app with 30 million customers worldwide, launches its new ultimate membership plan, Ultra. With over 430,000 people on the waiting list in the UK and Europe, this new top-tier plan boasts exceptional perks and aims to spearhead a new category of refined luxury.

/payments

Mastercard partners Bankiom to issue virtual prepaid cards across GCC region

Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman.

/security

G+D and Netcetera 3-D Secure server certified by eftpos Australia

Global payments security company Netcetera announced today that its 3DS Server has received certification from eftpos, Australia’s go-to payment system for domestic debit and e-commerce transactions.

/payments

Douugh launches Pay Now or Pay Later Stockback rewards Mastercard

Douugh Ltd (ASX: DOU), the award winning consumer fintech on a mission to empower everyday Aussies to take control of their money and build long term wealth on autopilot, is delighted to announce the launch of the world’s first Pay Now or Pay Later Stockback™ rewards Mastercard.

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