An account-to-account (A2A) payment, as the name suggests, allows a person or business to send money directly from one account to another in a quick, safe and affordable way. A2A payments, also known as pay-by-bank, can be separated into two distinct types: push payments, which...
British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. HMV will use Worldpay Omnichannel — a Worldpay and FreedomPay effort — to improve its omnichannel strategy across 34 markets, Worldpay said in a Wednesday (Dec. 20) press release. “Worldpay Omnichannel allows merchants to operate across borders and...
Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. The move expands the program beyond card issuance and gives members access to real-time money movement capabilities. “Fintechs are a vital growth engine for the payments industry, and Visa is committed to supporting...
I have perfected the art of multitasking. Thanks to my mobile devices, the internet, apps and embedded payments, I can book airline tickets while waiting for a Zoom call to start, shop for holiday gifts while in the back of an Uber on the way...
REPAY has partnered with Green Dot to enable REPAY’s business clients to accept cash bill payments. With this collaboration, the customers of REPAY’s clients will be able to pay bills with cash in person at more than 45,000 retail locations that are members of the...
Ed O’Donnell, CEO of Versatile Credit, said the benefits of digital transformation are well known. “Everyone, especially in this part of the business cycle,” he told Webster, “is looking to make sure that their capital is being deployed in an efficient manner.” That means taking...
FinTech company Upgrade has launched a secured version of its Upgrade OneCard. The new Secured OneCard is designed for consumers who have little or no credit history, the company said in a Wednesday (Dec. 13) press release emailed to PYMNTS. “We believe Secured OneCard is...
Payments platform ConnexPay has added acquiring in Canadian dollars to its virtual card issuing offering. The expansion lets ConnexPay customers process payments in Canadian dollars (CAD), according to a Tuesday (Dec. 12) press release, and opens ConnexPay’s services to a “vast market” of 38.25 million people and...
Commerce infrastructure provider HitPay has debuted mass payouts in three new countries. Business customers in Singapore — where HitPay is based — Malaysia and the Philippines can now “seamlessly pay workers, contractors, partners, and suppliers via HitPay,” the company said on its blog Monday (Dec. 11). In addition,...
