Mastercard’s Cross-Border Services Express Helps Modernise International Payments

Posted on by Staff Reporter | 13154 Views | 10 min read

Enables access to over 100 markets covering 90% of the world’s population with simple integration Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and small and medium-sized enterprises (SMEs), which have a strong need for improved cross-border payment capabilities. Increasingly,

ePayResources and ATMIA Announce Partnership

Posted on by Staff Reporter | 90129 Views | 4 min read

ePayResources® and the ATM Industry Association (ATMIA) are pleased to announce they have entered into a partnership to strengthen their mutual missions of empowering their members to be informed, compliant, and competitive in the payments sector. This partnership agreement enables ePay and ATMIA to access expanded industry education, advocacy, market research, and networking resources as

The Power of Integrating Gift and Loyalty Solutions with Payments

Posted on by Staff Reporter | 10330 Views | 20 min read

Real value comes from giving merchants a choice of gift and loyalty solutions so they have the features they need to optimize customer experiences. Building customer loyalty is crucial to competitiveness in today’s retail environment, and some merchants can invest time, resources, and capital into effective ways to retain and engage customers. However, a simple

Fiserv Expands Cross-Border Payment Options for Financial Institutions

Posted on by Staff Reporter | 18243 Views | 9 min read

New integration will enable seamless connection to global financial networks, including SWIFT Financial institutions can simplify cross-border payments for their corporate clients with expanded financial network connectivity from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. Through an integration with Axletree, clients of Payments Exchange and Enterprise Payments

Mastercard Accelerates Sustainable Card Efforts

Posted on by Staff Reporter | 40663 Views | 21 min read

Company to require all payment cards to be Card Eco-Certified by 2028 Mastercard today announced it is accelerating efforts to remove the first–use, PVC plastics from payment cards on its network by 2028. This move further reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way

EMVCo, FIDO Alliance and W3C Extend Collaboration to Promote Seamless and Secure Web Payments

Posted on by Staff Reporter | 9563 Views | 9 min read

EMVCo, the FIDO Alliance and the World Wide Web Consortium (W3C) have renewed the charter for the Web Payments Security Interest Group (WPSIG) for a further two years.  Formed in 2019, the charter renewal will enable the organisations to continue collaborating to enhance the security and interoperability of web payments to support seamless e-commerce checkout experiences. The renewal follows

API Standardisation Will Help Leapfrog Innovation Across All Sectors

Posted on by Staff Reporter | 25488 Views | 18 min read

The growth of application programming interfaces (APIs) continues unabated. However, as new regulations like PSD3 gather momentum, the call for API standardisation could be the next catalyst for an innovation leapfrog. And South African businesses who place designing for developers at the heart of their API projects are the ones most likely to reap the

Ingenico Acquires Phos, Extending its Offer for Merchant Payment Acceptance via Smartphone

Posted on by Staff Reporter | 23303 Views | 15 min read

The strategic purchase of Phos is a next step in Ingenico’s evolution towards software-driven services, following recent acquisition of Ingenico by the investment funds managed by affiliates of Apollo Global Management (the “Apollo Funds”) in September 2022. Ingenico, the global leader in payments acceptance solutions, announces its acquisition of 100% of Phos, a leading provider

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth – ACI Worldwide Report

Posted on by Staff Reporter | 10614 Views | 45 min read

95.0B real-time payments (RTP) transactions were recorded globally in 2022, a YoY growth of 63.2%, according to the 2023 Prime Time for Real-Time report from ACI Worldwide and GlobalData India remains the undisputed RTP leader — responsible for 46% of all transactions worldwide — followed by Brazil, China, Thailand and South Korea Governments and regulators around the world are taking steps to drive

Account-to-Account Payments Set to Revolutionize Shopping, with E-commerce Payments Reaching $525 Billion Globally: Worldpay from FIS 2023 Global Payments Report

Posted on by Staff Reporter | 28856 Views | 19 min read

Key facts: Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the leading payment method