Online payments

GoCardless Survey: Three-quarters of Americans Plan to Decrease Their Use of Credit Cards as Debt Falls out of Favor

Retrieved on: 
Wednesday, July 21, 2021
Money, Finance, Payment systems, Mobile payments, Online payments, PayMe, Credit cards

According to a survey from GoCardless , a global fintech for account-to-account payments, 76% of Americans would like to decrease their use of credit cards.

Key Points: 
  • According to a survey from GoCardless , a global fintech for account-to-account payments, 76% of Americans would like to decrease their use of credit cards.
  • Reasons include:
    "The pandemic put people in tough positions financially, and that likely accelerated the move away from credit cards.
  • But this is part of a larger trend, particularly among young Americans," said Hiroki Takeuchi, co-founder and CEO of GoCardless.
  • The consumer research cited in this release was conducted by Propeller Insights and GoCardless to highlight Americans' credit card and payment preferences.

Thunes acquires Limonetik to accelerate rollout of global payment collections

Retrieved on: 
Wednesday, July 21, 2021
Online payments, Paas, Money, Finance, Credit cards, Financial services, Payment systems

SINGAPORE and PARIS, July 20, 2021 /PRNewswire/ -- Cross-border payments leader Thunes today announced the acquisition of Limonetik, a European Payment Methods Platform. This move will complement existing Thunes Cross-Border Payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods such as mobile wallets, payment by instalments (BNPL), QR code payments and more. The solution will be known as Thunes Collections.

Key Points: 
  • Limonetik is one of the earliest developers of an alternative payment methods platform suitable for international merchants and marketplaces.
  • Founded in Paris in 2008, Limonetik is led by CEO & co-founder Christophe Bourbier, a multiple-time entrepreneur and payment space expert.
  • We are excited to further strengthen our offering with a global collections capability made possible through the acquisition of Limonetik.
  • "Limonetik has been driving the transformation of collections with its platform-as-a-service (PaaS) model, while Thunes possesses a powerful global payments network.

Thunes acquires Limonetik to accelerate rollout of global payment collections

Retrieved on: 
Wednesday, July 21, 2021
Online payments, Paas, Money, Finance, Credit cards, Financial services, Payment systems

SINGAPORE and PARIS, July 21, 2021 /PRNewswire/ -- Cross-border payments leader Thunes today announced the acquisition of Limonetik, a European Payment Methods Platform. This move will complement existing Thunes Cross-Border Payments solutions by enabling businesses to get paid in 70 countries, using over 285 local payment methods such as mobile wallets, payment by instalments (BNPL), QR code payments and more. The solution will be known as Thunes Collections.

Key Points: 
  • Limonetik is one of the earliest developers of an alternative payment methods platform suitable for international merchants and marketplaces.
  • Founded in Paris in 2008, Limonetik is led by CEO & co-founder Christophe Bourbier, a multiple-time entrepreneur and payment space expert.
  • We are excited to further strengthen our offering with a global collections capability made possible through the acquisition of Limonetik.
  • "Limonetik has been driving the transformation of collections with its platform-as-a-service (PaaS) model, while Thunes possesses a powerful global payments network.

Exact Payments Announces Launch of New Payments Platform

Retrieved on: 
Tuesday, July 20, 2021
Companies, Finance, Service companies, Online payments, Bank of Montreal, Moneris, Royal Bank of Canada, Payment systems, TSYS, Global Payments, Omnichannel, First Data

Leveraging the power of AWS Cloud infrastructure, Exact is now able to offer an industry leading 99.99% service level guarantee.

Key Points: 
  • Leveraging the power of AWS Cloud infrastructure, Exact is now able to offer an industry leading 99.99% service level guarantee.
  • With this new payments platform, we just raised the bar to a whole new level," announced Exact CEO, Phil Levy.
  • Exact Payments is a leading provider of high performance payment solutions for bank partners, software platforms and omnichannel merchants.
  • Exact is integrated with leading processors in the U.S. and Canada including Fiserv/First Data, Elavon, Global Payments/TSYS, Chase Canada and Moneris.

Cincinnati Family Tech Pay Theory Announces Launch of Its Cash Acceptance Tool

Retrieved on: 
Tuesday, July 20, 2021
Payment systems, Mobile payments, Money, Articles, Online payments, Financial services, Credit card, Payment, WeChat Pay

The Pay Theory in-person cash payments function allows users to complete digital payment transactions in the analog world without having to have a credit card.

Key Points: 
  • The Pay Theory in-person cash payments function allows users to complete digital payment transactions in the analog world without having to have a credit card.
  • "The cash payment tool launch is a key milestone in the Pay Theory story," says Eric Fulkert, Pay Theory co-founder, CTO, and a chief innovator behind the technology.
  • With these partnerships, Pay Theory's cash acceptance tool will be accessible to nearly 25 percent of all US public schools.
  • The Pay Theory cash payment tool also means peace of mind for schools and school districts.

NMI and J.P. Morgan Collaborate to Expand Card-Present Payments Offering in Europe

Retrieved on: 
Tuesday, July 20, 2021
Online payments, Enablement, Global Payments, Companies, Finance

SCHAUMBURG, Ill., July 20, 2021 /PRNewswire-PRWeb/ -- NMI , a leading global payments enablement technology company, and J.P. Morgan , the No.

Key Points: 
  • SCHAUMBURG, Ill., July 20, 2021 /PRNewswire-PRWeb/ -- NMI , a leading global payments enablement technology company, and J.P. Morgan , the No.
  • These capabilities will help merchants expand beyond the traditional payment environment and create connected, unified payments.
  • "NMI is pleased to launch this workstream with J.P. Morgan and to help play a role in enabling retail payments across select markets in Europe," says Kyle Pexton, President of NMI.
  • NMI is a leading global payment enablement platform, processing more than $150 billion in payments annually.

Payoneer Announces the Appointment of Two Additional Board Members

Retrieved on: 
Tuesday, July 20, 2021
Banking, Professional services, Finance, Articles, Credit cards, Companies, Online payments, Payoneer, Business, KCG, Forward-looking statement, Galit, Board of directors

We are honored to welcome Heather and Rich as independent directors to our Board, said Scott Galit, Chief Executive Officer of Payoneer.

Key Points: 
  • We are honored to welcome Heather and Rich as independent directors to our Board, said Scott Galit, Chief Executive Officer of Payoneer.
  • We look forward to their expert guidance as we work together to grow Payoneer as a public company.
  • She also currently serves on the board of Ariel Investments and previously served on the board of KCG Holdings.
  • This press release may include, and oral statements made from time to time by representatives of Payoneer may be considered, forward-looking statements.

Credorax Launches Cutting-edge Chargeback Prevention Solution

Retrieved on: 
Tuesday, July 20, 2021
Finance, Banking, Professional services, Technology, Software, Money, Finance, Merchant services, Financial services, Payment systems, Credit cards, Online payments, Chargeback, Acquiring bank, Verifi, Credit, Card not present transaction

Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks.

Key Points: 
  • Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks.
  • Credoraxs Chargeback PREVENTION marks a landmark partnership with Ethoca (owned by Mastercard), the leading, global provider of collaboration-based technology, and Verifi (a Visa solution), the leading provider of transaction risk management services for card-not-present merchants.
  • Chargeback PREVENTION is part of the Credorax Risk Management suite and protects merchants from fraud and chargebacks through every stage of the transaction lifecycle.
  • Credorax also provides dedicated training to help merchants become familiar with Credoraxs fraud and chargeback prevention tools and optimise them based on a merchants particular specifications.

Immedis Launches Automated Solution to Simplify and Streamline the Delivery of International Payments

Retrieved on: 
Monday, July 19, 2021
Professional services, Human resources, Finance, Employment compensation, Expense, Payroll, Economy, Online payments, Wages and salaries

Immedis Pay streamlines global payments processing with end-to-end automation across the entire payment process.

Key Points: 
  • Immedis Pay streamlines global payments processing with end-to-end automation across the entire payment process.
  • Immedis Pay, the next step in the evolution of Immedis Treasury Services, is available immediately as a packaged solution with global payroll or as a standalone offering.
  • We created Immedis Pay to solve these problems and were thrilled to announce its now available to the market.
  • As the leader in global payroll solutions, Immedis delivers secure, compliant, zero-defect payroll and payments for multinational organizations.

Everi's CashClub Wallet® Successfully Integrated into Acres Manufacturing's Foundation™ Casino Management System

Retrieved on: 
Monday, July 19, 2021
Payment systems, Digital wallet, Apple Wallet, Mobile payments, Money, Finance, Financial technology, Online payments

"We are proud to partner with Everi to allow its CashClub Wallet direct access to any casino game connected to Foundation," said John Acres, CEO & Founder of Acres Manufacturing Company.

Key Points: 
  • "We are proud to partner with Everi to allow its CashClub Wallet direct access to any casino game connected to Foundation," said John Acres, CEO & Founder of Acres Manufacturing Company.
  • Everi's CashClub Wallet is a mobile digital wallet that enables casino operators to offer a cashless and contactless funding option for the casino floor.
  • "The integration of our CashClub Wallet solution with the Acres Foundation technology will help deliver a seamless mobile experience for casino guests and an integrated cost-effective solution for operators."
  • Acres Manufacturing Company (AMC) is a leading casino loyalty and technology expert and the creator of Foundation, the first-of-its-kind casino management system.