Mastercard and payment gateway provider HyperPay have partnered to issue commercial cards in Saudi Arabia, the United Arab Emirates and Qatar. The commercial cards will be launched in Saudi Arabia and later expanded to the UAE and Qatar, the companies said in a Wednesday (Sept....
Watch more: Acquirers and Payment Infrastructure — Powering the Mobile-First Future Acquirers must future-proof their operations in an increasingly mobile-first world. As Visa Acceptance Solutions Global Sales, Engineering Vice President Pritesh Patel told PYMNTS, there’s a continuing shift by acquirers who use third-party payment system...
PayPal has debuted a peer-to-peer payment offering called PayPal links. This new method lets users send and receive funds via a personalized, one-time link that can be shared in any conversation, the payments giant said Monday (Sept. 15), noting it arrival comes on the heels...
They came for the speed, but they stayed for the habit. In “Beyond Speed: The Case for Instant Payout Adoption and Stickiness,” PYMNTS Intelligence, in collaboration with Ingo Payments, reveals a hidden behavioral shift reshaping how United States consumers interact with disbursements. In a world...
Watch more: Monday Conversation The average person thinks of payments rarely, if it all. And when they do, they are most likely to consider them as infrastructure. Something important, but invisible. But that narrative is shifting to reveal a truth that industry insiders have long...
U.K.-based FinTech Revolut has added an open banking tool to its payments Gateway offering. This new feature lets businesses accept fast, secure payments from a customer’s bank account, and comes amid a surge in popularity for open banking, or “pay by bank” in the U.K., Revolut said in a news...
Mastercard has introduced new tools to help developers and businesses get ready for artificial intelligence-powered payments and agentic transactions ahead of the global launch of the Mastercard Agent Pay program. “We’re building the infrastructure for a new generation of intelligent transactions, where consumers and developers...
Ant International and Standard Chartered are trialing a Swift-system-backed bank-to-wallet payment solution. Live productions of this solution using the ISO 20022 financial messaging standards are underway, Standard Chartered announced Wednesday (Aug. 27). Using Ant’s Alipay+ global wallet gateway services, the first transactions were completed between a Standard Chartered Bank customer account...
Text-to-pay platform Authvia has integrated Visa’s real-time money movement capabilities into its core offering. The collaboration with Visa Direct, announced in a Monday (Aug. 25) news release, allows for real-time disbursements across industries such as healthcare, automotive services, insurance and gig economy platforms with a single text message. “Whether it’s...