payment services

Payment service provider offers shops online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking.
Small Banks Explore P2P Options Over Zelle Scam Repayment Costs
Small Banks Explore P2P Options Over Zelle Scam Repayment Costs
December 12, 2022  |  Digital-First Banking

America’s smaller banks aren’t happy with a plan to reimburse peer-to-peer payment scam victims. Industry groups representing the country’s community banks and credit unions say these institutions...

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Ionia, Certegy Debut BNPL Merchant Offering
Ionia, Certegy Debut BNPL Merchant Offering
October 19, 2022  |  BNPL

Embedded payments and rewards platform Ionia, has rolled out a new buy now, pay later (BNPL) offering with Certegy to try and make a giant...

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Wish Gains Dutch Central Bank Payments License, Eyes EU
Wish Gains Dutch Central Bank Payments License, Eyes EU
July 06, 2021  |  Payment Methods

The European Union spans 27 countries and nearly 447 million people – which, to put it mildly, implies a significant number of payments. To that...

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Digital Payments Startup GPay Awarded Vietnam License
Digital Payments Startup GPay Awarded Vietnam License
April 22, 2020  |  Payment Methods

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment...

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Indian Telecom Provider Reliance Jio To Roll Out UPI Payments
Indian Telecom Provider Reliance Jio To Roll Out UPI Payments
January 21, 2020  |  Payment Methods

Indian telecom operator Reliance Jio, the largest in the country, is entering the Unified Payments Interface (UPI) space to compete alongside rivals, reports said on...

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Optimizing Merchant Services: The Need For Speed
Optimizing Merchant Services: The Need For Speed
January 10, 2020  |  Payments Innovation

Creative destruction eradicates some business models and reformulates others. For example, merchant services providers (MSPs) have long supplied credit card processing for retailers as their...

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NY Lawmakers Push For Public eBanking System
NY Lawmakers Push For Public eBanking System
January 08, 2020  |  Digital Banking

Lawmakers in New York have proposed a public electronic banking system that would essentially function like payment service Venmo, with the purpose of including more...

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African FinTech Chipper Cash Gets $6M To Enter New Markets
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019  |  Investments

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6...

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Federal Reserve Ups Payment Services Fees By 2.4 Pct.
Federal Reserve Ups Payment Services Fees By 2.4 Pct.
December 02, 2019  |  Payment Methods

The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 percent higher than 2019, the Fed...

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