Basware has established a new business called Basware Financing Services. Basware’s Financing Services will deliver new and innovative financing services for buyers and suppliers, combining payment with financing services for companies of all sizes. Basware will help companies optimize their cash and working capital made available as they participate within and transact across the Basware
Wallet One South Africa announced the launch of its Third Party Payment Service, offering a cost effective digital payment solution to encourage financial inclusion in the national payment system for all South African Consumers. The W1 wallet enable users to purchase prepaid services including airtime and prepaid electricity, pay bills, send money to friends or
The APWG reports in its new Phishing Activity Trends Report that new online payment services and crypto-currency sites are being targeted by phishers. The number of phishing attacks remained high, and the second quarter of 2014 saw the second-highest number of phishing attacks ever recorded in a quarter since the APWG began tracking by quarterly
Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment, according to a new report by the World Bank Development Research Group. The report examines, for the first time, growing evidence from around the world about how digital payments offer immediate benefits for
British-based online merchants could be missing out on potential revenue from euro customers if they do not migrate to the Single Euro Payments Area ahead of the UK deadline. With research commissioned by international electronic payment specialists PPRO Group citing that 53 per cent of UK consumers choose not to complete an online purchase due
Sequent Software, the world’s leading provider of digital issuance and open wallet platform-as-a-service, announced that it has been awarded a key patent for simplifying mobile payments and enabling fast and seamless transactions at merchants through the “One Tap” mobile payments functionality. With one tap functionality, mobile wallets can transmit multiple cards–such as payment, loyalty, coupons
WorldRemit, the online money transfer provider, announces that customers in Taiwan can now send mobile recharge to friends and family overseas. The service enables sending to 80 countries, with money being added instantly to recipients’ pre-paid phones. WorldRemit’s founder and CEO, Ismail Ahmed said: “Mobile airtime is a key part of our modern, connected world.
Nigerian card payment provider, Verve International, launched its in-app payments solution and made the software development kit available to app developers to support local developers eager to bring their apps to market and capitalise them, with the market currently hindered by lack of in-app payment options, according to Charles Ifedi, chief executive officer of Verve
VeriFone Systems, Inc.,announced plans to expand its taxi and media services to Istanbul and throughout Mexico’s Mayan Riviera. Through this expansion, VeriFone stands to provide more than 20,000 additional taxis with secure, in-taxi and mobile payments, mobile hailing and booking, and interactive multimedia content during passenger rides. “This planned expansion can benefit taxi fleets and
Vend, a cloud-based point of sale and inventory, customer management software company, is officially opening its first office in Toronto. Since its establishment in 2010, the New Zealand-based company has grown, and continues to expand in size with more than 10,000 customers worldwide and offices in Auckland, Melbourne, and San Francisco, CA. Vend will also
