Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. The product will feature a 1.3 percent fee for U.K. and EEA consumer cards and a 2.8 percent fee...
The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. And while the origins of that trend pre-date the current crisis, Silvana Hernandez,...
London FinTech SumUp is partnering with Mastercard to drive credit card and electronic payment solutions for Ford commercial vehicles. The solution gives small business owners — food trucks, beverage suppliers, mobile tradespeople — the ability to accept credit cards and other electronic payments directly from...
Western Union just took another big step toward ramping up its growing digital payments arsenal. The legacy global remittance giant said on Monday (Nov. 23) that it has expanded its real-time digital payout capabilities in a move that encompasses billions of bank accounts in 100...
Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. Visa also unveiled the “Visa’s Guide to Touchless Payments: A Key To The Return Of Live Events,” which is a step-by-step guide...
PayPal is upping its mobile payments game. PayPal on Thursday (Nov. 19) unveiled a major upgrade to Xoom, enabling customers across the United States to use the mobile payments app to send money straight to the bank account of a family member, friend or another...
Real-time payments continue to gain traction around the world. Case in point: Brazil. The country’s banking system is giving an upgrade to its instant payments system. Called PIX, the new payment rails have been in the works for some time and launched last week. It...
In a sign of a continued rise in gaming amid the pandemic, DraftKings Inc. reported on Friday (Nov. 13) as part of its Q3 results that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. DraftKings reported...
Up until recently, QR might have been an acronym for: Quaint Relic. In the United States, anyway. The QR code is shorthand for the “quick response” barcode that was first designed in 1994, and which initially surfaced in Japan. QR codes had made some inroads here...
