Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready to use. This blockchain-based payment method allows users to make transactions using cryptocurrencies at more than 80 million merchants in more than 200 countries, the company said in a Wednesday (Aug....
Beyond the balance sheet, loyalty is the primary currency restaurant and hospitality operators survive on. But it’s not just the loyalty of their customers that keeps restaurants in business — it is the loyalty and dependability of their workers, which is undergoing a transformation as...
Early Warning Services has made its Paze online checkout available to Sephora’s loyalty program members. The checkout option — offered by participating banks and credit unions — is now available to members of Sephora’s Beauty Insider Loyalty program, Early Warning Services (EWS) said in a...
Australian streaming service Stan has chosen financial infrastructure platform Stripe to power its online payments and subscription billing. Stan has partnered with Stripe to help the streaming service increase authorization rates and reduce involuntary churn, according to a Wednesday (Aug. 21) press release. “We are...
Trustly and food delivery service foodora have teamed up to allow foodora’s customers to pay directly from their bank account, with no need for a credit or debit card. This new open banking payments solution will be launched in Finland and then expanded to Norway,...
Citi and Network International have formed a referral agreement in which Network will provide omnichannel payment acceptance solutions to the bank’s large enterprise customers across the Middle East and Africa (MEA). Network International’s payment platform offers a variety of payment methods, enhanced transaction efficiency, increased...
Payments platform Airwallex says its yearly processing volume has exceeded $100 billion. That marks an increase of 73% year over year, the Australian company announced in a Thursday (Aug. 15) press release. The company also noted it has witnessed increasing volumes across all products, such as payments, FX, payouts...
About three-quarters of the international purchases made in Paris during the first weekend of the Olympic Games were made with contactless payments. Seventy-eight percent of those purchases were contactless, a figure that was 9% higher than that for the same weekend a year earlier, Visa said...
The Olympics are a time for pushing the boundaries of what’s possible. Beyond the awe-inspiring athleticism, the Olympics also serve as a proving ground for technological innovation, particularly in the realm of payment systems. And with the news that for the Paris 2024 games, Visa...
