Instant payments solution provider Zimpler launched a collaboration with Swedish payments app Swish. The partnership will give Zimpler’s merchants an optimized payment solution that combines Zimpler’s pay-by-bank payments and Swish’s transaction capabilities, helped by the infrastructure of the companies’ Nordic banking partners, according to a...
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15)...
Real-time payments continue to gain global momentum in 2024. Two new national players joined the scene in March, and others are introducing significant advancements to their services. Real-Time Payments in Qatar Leading digital financial institution (FI) Qatar Islamic Bank (QIB) recently introduced the Fawran instant...
Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called for an expansion of the Swedish government’s current inquiry into the use of cash to pay for essential goods, the...
March 12, 2024
The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain segments of the population who are reluctant to use digital payments. The proposed measures will enable customers to pay with cash at any sales location where other types of payment […]
August 01, 2023
The real-time payments landscape is constantly changing. Growth in adoption and transaction volume has been measured across the continents. With the U.S. Federal Reserve’s launch of FedNow, this change seems...
May 05, 2023
Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of their finances, says Samir El-Sabini,...
March 13, 2023
From tap-to-pay debit and credit cards to mobile smartphone wallets, contactless methods have been driving new waves of innovation in payments post-pandemic, buoyed by growing consumer demand for flexible, convenient and touchless...
September 09, 2024
Sweden’s Financial Supervisory Authority (FSA) reportedly criticized Klarna’s risk assessment, saying the company has not done enough to battle money laundering and terrorist financing. The FSA said in a letter to Klarna CEO Sebastian Siemiatkowski that its preliminary assessment found that the company violated regulations having to do with general risk assessment, risk assessment of […]
July 03, 2024
Instant payments solution provider Zimpler launched a collaboration with Swedish payments app Swish. The partnership will give Zimpler’s merchants an optimized payment solution that combines Zimpler’s pay-by-bank payments and Swish’s...
May 15, 2024
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and...
March 14, 2024
Sweden’s central bank, the Riksbank, has proposed several measures to make it easier to pay with cash or digital payments. The central bank also called for an expansion of the...