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Visa Token Service issues one billionth token

Visa Inc. (NYSE:V) today announced that the company has now issued more than 1 billion tokens worldwide through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help accelerate eCommerce innovation and make payments more secure.

Thai payments firm Synqa raises $80m

/payments

Thai payments firm Synqa raises $80m

Thai fintech startup Synqa (formerly called Omise) has raised $80 million in a Series C funding round led by SCB 10X and Sparx Group.

Checkout.com triples valuation on $150 million funding round

/payments

Checkout.com triples valuation on $150 million funding round

E-commerce payments processor Checkout.com has tripled its market valuation to $5.5 billion after banking a $150m Series B funding round.

/payments

E-commerce surges during Covid-19 lockdown

The way we shop is changing. With constraints imposed on our daily lives due to COVID-19, consumers are adopting new payment habits at an accelerated pace, according to a global study by Mastercard conducted in 15 markets.

/payments

Klarna launches in Belgium; introduces 'Pay in 21 days' proposition

Klarna, the leading global payments provider and shopping service, officially launches in Belgium today by introducing “Pay in 21 days”.

G+D taps EMV cards for SCA

/security

G+D taps EMV cards for SCA

Giesecke+Devrient has developed a system that lets customers use EMV payment cards and their mobile phones for the upcoming Strong Customer Authentication (SCA) rules.

/security

EMVCo rebrands secure remote commerce as Click to Pay

Technical body EMVCo has confirmed that consumer-facing solutions and programmes based on the EMV Secure Remote Commerce (SRC) Specifications are to be known as Click to Pay.

/payments

Amazon joins Mastercard tokenization initiative

More and more consumers are going online to purchase everything from groceries and food delivery to home improvement goods, apparel and entertainment; as they do, merchants are focused on providing an increasingly seamless experience.

Worldpay rolls out Open Banking Hub for account-to-account payments

/payments

Worldpay rolls out Open Banking Hub for account-to-account payments

Worldpay is rolling out a new Open Banking Hub to merchants, enabling users to pay for purchases direct from their bank account, circumventing the need to enter card or account information into a third party site.

/payments

Adyen adds Amazon Pay to payment suite

Businesses face new challenges every day as they look for ways to increase sales, reduce cart abandonment and improve the customer experience.

WhatsApp launches payments service in Brazil

/payments

WhatsApp launches payments service in Brazil

Facebook has launched its WhatsApp payments service in Brazil, enabling people to send money and make purchases from within the chat app.

NatWest tests behavioural biometrics for Strong Customer Authentication

/security

NatWest tests behavioural biometrics for Strong Customer Authentication

In a move that could signal the beginning of the end for passwords, NatWest is teaming up with Visa to test the use of behavioural biometrics for the upcoming Strong Customer Authentication (SCA) rules.

Apexx Global beats lockdown gloom with $8 million Series A

/payments

Apexx Global beats lockdown gloom with $8 million Series A

UK-based payments platform Apexx Global has sealed a $8 million Series A funding round with contributions from new and existing investors in the UK and Scandinavia.

BlackRock invests in online payments firm Trustly

/payments

BlackRock invests in online payments firm Trustly

BlackRock private Equity Partners and a group of institutional investors are becoming minority shareholders in Swedish online account-to-account payments provider Trustly. Terms were not disclosed.

Dispute management platform Chargeback raises $6.6m

/payments

Dispute management platform Chargeback raises $6.6m

Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.

/retail

Spanish neobank Bnext teams up with mobile commerce outfit Button

Button, the leading mobile commerce technology company, today announced its partnership with Bnext, the biggest mobile-first neobank of Spain.

/payments

Shift4 Payments prices IPO at $23

Shift4 Payments, Inc. (“Shift4”) (NYSE: FOUR), a leading independent provider of integrated payment processing and technology solutions, today announced the pricing of its initial public offering of 15,000,000 shares of its Class A common stock at a public offering price of $23.00 per share.

/payments

Japan's JCB picks FIS for cross-border QR-code payments

FIS(TM) (NYSE: FIS), a global leader in financial services technology, today announced that an international payment scheme, JCB, has selected FIS' Payments One switching and acquiring services[1] to enable cross-border QR-code payments.

More than half of UK payments in 2019 made by card

/payments

More than half of UK payments in 2019 made by card

More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.

/payments

SumUp backs local businesses with gift cards on Instagram and Facebook

UK-based payments service provider SumUp today announces a new experience to enable customers to support small businesses via social media during COVID-19 and beyond, by discovering Gift Cards directly from eligible SumUp businesses on Facebook and Instagram.

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