The bench of B2B payment mechanisms is becoming deeper. From technologies like virtual cards and tokenization, real-time payments and beyond, businesses have a wide array of tools at their disposal. But when the whistle blows, many businesses trot out the same old paper processes and...
Payment facilitators (PayFacs) are transforming how and where we conduct commerce. Entities such as independent software vendors (ISVs) and online marketplaces offer services and products, but they need additional help to be able to receive payments. PayFacs can provide that help. New embedded finance solutions...
The drumbeat of recent announcements shows more merchants lining up to offer pay-by-bank options. But it will be consumers who provide the momentum — and much depends on how comfortable they are with having funds pulled straight from their accounts. In terms of the pay-by-bank...
Indian payment solutions company Innoviti has launched a point-of-sale (POS) solution called Saadhan to give B2B businesses a convenient payments package that meets the regulatory requirements of providing UPI and RuPay acceptance, according to a press release. UPI is India’s real-time payments network, and Innoviti wants...
May 09, 2019
While mobile wallet use has yet to take off in the U.S., that could all change soon. Younger generations are more likely to use the technology than aging populations, and, if this payment method becomes favored by rising generations, merchants will have to get on board. Still, before most customers will want to adopt a […]
November 25, 2024
Payment/software solutions provider Unzer has formed an open banking-focused collaboration with Mastercard. The collaboration, announced Monday (Nov. 25), makes Mastercard Unzer’s open banking partner in Germany, Austria and Denmark to enhance open banking account-based payments to power eCommerce payments across Unzer’s payment gateways. “Through this partnership, Unzer and Mastercard aim to create a unified digital […]
January 30, 2020
Zermatt, a ski resort town of 5,400 residents in Switzerland, has decreed that cryptocurrency bitcoin can now be utilized to pay taxes and other government services, Bloomberg reported. Mayor Romy...
January 14, 2020
Contactless mobile payments pioneer Mobeewave and digital customer experience platform Incentivio have teamed up on a multichannel, all-in-one, contactless digital-ordering platform for restaurant customers, according to a press release. The new...
November 15, 2018
Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The investment funds will enable the Montreal-based...
