Vendor Pay marks the first time businesses can choose to use a card to make vendor payments within a Bill.com solution. Businesses can now efficiently reconcile payments, earn the rewards1 of their Business or Corporate Card and improve working capital. American Express and Bill.com have announced a strategic partnership with a new offering: American Express
Spain has embraced the online experience with over 96% of 16-44 year olds logging on daily Allied Wallet, a globally leading provider of mainstream online payment processing, is now compatible with SOFORT, Trustly, CaixaBankWallet, and iupay to better serve over 23 million online shoppers in Spain. Spain has embraced the online experience with over 96%
First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, has announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians. Under the partnership, Azuri’s solar home TV product will be co-branded and co-marketed by FirstBank and Azuri.
Mastercard has announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies. In this role, Stoddart will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional
SWIFT has published a standard for ‘Pay Later’ APIs in a key step toward enabling the rapid adoption of an innovative new consumer payment model. ‘Pay Later’ is an instant online payment facility which offers customers the ability to use traditional bank loan financing to pay for goods purchased online. By selecting Pay Later at
Silverlake Axis Ltd (SAL), a leading provider of Digital Economy Solutions and Services to major organisations in Banking, Insurance, Payments, Retail and Logistics industries has announced completion of the acquisition of SIA X Infotech Group (X Infotech), a global provider of software solutions for identity documents and payment smart cards. This acquisition brings together perfectly
Enkryptis, a specialist payment security provider in South Africa, has announced it has achieved the Payment Card Industry Point to Point Encryption (P2PE) and PCI PIN security certifications for their state of the art key injection facility in Johannesburg. The assessments and subsequent certifications were completed by Foregenix, an accredited qualified security assessor and industry
National Treasury and the South African Reserve Bank (SARB) invite the public and media to a workshop on the review of the National Payment System Act 78 of 1998 (NPS Act). The review is outlined in a policy paper titled ‘Review of the National Payment System Act 78 of 1998’ that was published by the
Leading innovators in mobile applications, products and services, including banking in Tanzania, Selcom, in collaboration with Business Connexion (BCX), has launched a new platform that will revolutionize the Tanzanian financial industry. Dubbed “Qwiksend”, the service will allow customers to make interbank fund transfers, in real-time, through the various digital access channels that are available to
Industry cooperative records 11% message growth in 2018 Annual SWIFT volumes reach record-breaking 7.8 billion Average daily message volumes break 30 million barrier SWIFT gpi values exceed $300bn daily SWIFT’s figures show an average of 31.31 million messages a day in 2018 as its annual traffic rose to an all-time high of over 7.8 billion.
