The stimulus checks — some of them, anyway — are coming, via direct deposit, to tens of millions of Americans’ bank accounts over the next several weeks. But the trillions of dollars intended to help shield individuals, families and businesses from the economic ravages of...
Hundreds of billions of dollars annually are spent collectively by companies whose idea of “electronic invoice” still involves outmoded fax machines spitting out paper invoices. That was before a mutated respiratory virus turned the world upside-down in mere weeks. As touching items, surfaces — and...
Checks are among the most surprisingly durable payments products — at least when it comes to the world of B2B transactions. In terms of consumer payments, the check has long since been ditched by all but the diehards. As of the 1990s, paying with paper...
Finablr, a global platform for payments and foreign exchange solutions, has announced that its Saudi-Arabia based network brand, BayanPay, has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA). BayanPay will offer digital wallets, eCommerce and SMB payments gateway...
Almost two years after its experimental run, the Facebook-owned messaging service WhatsApp has received regulatory approval for its WhatsApp Pay platform in India. The National Payments Corporation of India (NPCI) provided the firm with permission to put WhatsApp Pay into operation in a phased manner, The Business Standard reported. The NPCI’s...
Peer-to-peer payments service MoneyGram will partner with Industrialbank to create a new bank deposit service in Ukraine. MoneyGram is the first company to let users send money directly to anyone’s bank account in the country, according to a press release. Alex Holmes, MoneyGram chairman and...
Secure payments provider PCI Pal launched a new digital service on Tuesday (Jan. 28) that will let organizations offer ultra-secure payments across a multitude of channels, from social media to email and everything in between. The service, PCI Pal Digital, will be available for contact...
The European banking platform Curve is now offering Apple Pay to its customers, Curve announced on Tuesday (Jan. 28). The Curve card, which is issued by Wirecard, streamlines multiple cards and accounts into one smart card and app. With the addition of Apple Pay, customers...
Malaysia is launching a program on Wednesday (Jan. 15), according to reports, to give out 450 million ringgit (more than $110 million USD) to half of its citizens. The program intends to bolster the country’s digital payments, a jolt to get things off the ground....
