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Egyptian payments startup Flash picks up $6 million seed investment

/startups

Egyptian payments startup Flash picks up $6 million seed investment

Flash, an Egyptian startup offering cashless transactions to businesses via QR Codes, has closed a $6 million seed funding round.

/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.

Open banking payments startup Atoa raises $6.5m

/payments

Open banking payments startup Atoa raises $6.5m

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $6.5 million in seed funding round led by Peter Thiel-backed Valar Ventures.

/payments

ZilBank.com introduces QR code payments option

ZilBank.com, the leading online business banking platform, has announced the launch of the QR code payment system.

Payments Canada Summit: real-time payment success stories

/payments

Payments Canada Summit: real-time payment success stories

Nearly 80 countries around the world now have real-time payment systems, with dozens of other markets in the process of developing their own platforms. Representatives from Brazil and Australia joined the Payments Canada Summit on Thursday to share their experiences.

Singapore and Malaysia launch cross-border QR-code merchant payments

/payments

Singapore and Malaysia launch cross-border QR-code merchant payments

Singapore and Malaysia have linked their payment systems, enabling shoppers to make purchases across borders by scanning QR codes.

/payments

Phos adds QR digital wallets to Tap to Phone acceptance

Phos, the global leader in software point-of-sale (SoftPoS) orchestration for businesses will now accept QR code-based digital wallets as a payment option for retailers, brands, and businesses.

/payments

Sarvatra Technologies enables ICICI bank, IDFC FiBank and Pine Labs to extend UPI for G20 travellers

Sarvatra Technologies Ltd., India's largest payments technology provider, announced its collaboration with ICICI Bank, IDFC First Bank and Pine Labs Private Limited, to facilitate all in-bound travellers visiting India to make local payments using Unified Payments Interface (UPI) while they are in India.

Standard Chartered and Allinpay partnership enables cross-border QR payments

/payments

Standard Chartered and Allinpay partnership enables cross-border QR payments

Standard Chartered Bank and Singaporean company Allinpay have enabled PayNow instant cross-border payments for merchants and businesses in Hong Kong using QR codes.

India's biggest retailer trials digital rupee

/inclusion

India's biggest retailer trials digital rupee

India's CBDC plans have taken a step forward with news that the country's largest retailer, Reliance Retail, has agreed to start accepting digital rupee payments.

/payments

Epay is first to integrate UnionPay QR code payments in Europe

UnionPay, one of the world’s largest card payment networks, and epay, the full-service payment provider owned by Euronet Worldwide Inc. (NASDAQ: EEFT), have launched UnionPay’s innovative QR code payment service in Europe, the companies announced today.

/payments

QR code payments firm Matera makes US move

Matera, maker of world-class instant payment and QR code technology for financial institutions, today announced its move into the U.S. with new headquarters in San Francisco.

/crypto

Bitso launches QR crypto payments for travellers in Argentina

Bitso, the leading cryptocurrency platform in Latin America with more than 6 million users, now enables customers from across Latin America to pay for purchases in Argentina with crypto using QR codes through the Bitso app.

Worldline to empower mobile payments for Indian tourists in Europe

/payments

Worldline to empower mobile payments for Indian tourists in Europe

Worldline is to provide a means for Indian tourists in Europe to use their domestic payment schemes, the mobile QR-based Unified Payment Interface and card network RuPay, to pay for their shopping over the counter.

/wholesale

Bank of America introduces QR sign-in for CashPro

Bank of America today announced the launch of QR sign-in for CashPro, a development that makes it easier for companies to access their payments, cash management and trade finance operations.

/crypto

Bitso rolls out QR code payments in Argentina

Bitso, the leading cryptocurrency platform in Latin America, with more than 5 million users, launches its crypto-enabled QR code payments system in Argentina — a first for the region.

/payments

Lavu and Up 'n go partner on QR code restaurant payments

Lavu, a major global restaurant software and payments solution provider built by restaurant people, and Up ‘n go, a contactless payments provider that powers QR code pay at the table solutions for restaurants nationwide, today announce a partnership that integrates Up ‘n go’s pay at the table checkout experience with Lavu’s point of sale software to save merchants time and enhance the guest experience.

SumUp launches e-wallet app

/payments

SumUp launches e-wallet app

London-based mPOS unicorn SumUp is expanding into the B2C payments space through the launch of a digital wallet with integrated loyalty scheme.

Indonesia and Singapore to connect national QR code standards

/payments

Indonesia and Singapore to connect national QR code standards

The central banks of Indonesia and Singapore have commenced work on a cross-border QR payment linkage between the two countries as part of a wider Asean-wide connectivity efffort.

Swift could face challenge in new era for cross-border payments - EIU

/payments

Swift could face challenge in new era for cross-border payments - EIU

The Russian invasion of Ukraine will cause disruption to cross-border payment systems and could, in conjunction with technological advances, challenge the dominance of the Swift network, predicts a paper from the Economist Intelligence Unit (EIU).

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