Category

Payment Gateway

Alipay rolls out in 242 Starbucks across Malaysia

Alipay has announced is now available for Mainland Chinese tourists at all 242 Starbucks branches across Malaysia.   Chinese tourists can find a nearest Starbucks through the in-app Discovery platform, and pay for their drinks in RMB via Alipay.   Starting from August 18 to October 31, a Chinese tourist using Alipay in Starbucks can enjoy…

Bitcoin platform Luno expands to new markets across Europe

Luno, a popular Bitcoin platform, has announced its expansion to 35 new markets across Europe.   Moreover, the platform also received USD 9 million in a Series B funding round, led by London-based Balderton Capital. New investors AlphaCode and existing investors Digital Currency Group also participated in the round. This follows Luno’s USD 4 millionSeries…

Google, Apple could start accepting Bitcoin payments via new API

  Developers at Google, Apple and other tech companies have created a browser API that enable users buying goods and services online with cryptocurrency.   The World Wide Web Consortium (W3C) with the help of Microsoft, Google, Facebook, Apple and Mozilla initiated the project in 2013. Currently, the API is being implemented in browsers including…

Alpha Payments Cloud becomes Alpha Fintech

  Alpha Payments Cloud has announced that it will rebrand as Alpha Fintech, bringing the focus to its API developed for commerce and payments integration.   The company operates an end-to-end middleware solution, connecting the merchant buyer and vendor supplier across the entire payments, risk and commerce spectrum through a single API and UI.   With…

The ai Corporation offers global transaction-monitoring service

The ai Corporation has launched its global transaction-monitoring service, allowing companies to outsource their fraud management functions.   The new outcome-based fraud service model, which combines man and machine learning technology, will allow companies to outsource their fraud management to ai’s team, under a performance-based contract. The company will be fully responsible of implementing a customer’s fraud…

PayPal and Skype team up for mobile payments

PayPal has announced a new deal with Skype that will allow users in 22 countries worldwide to send money to other Skype users through an updated version of the Skype mobile app.   This extends PayPal’s potential reach by a sizable amount – the Skype app has been downloaded over a billion times to date, and has approximately…

Samsung Pay to arrive on PayPal accounts soon

Samsung Pay has announced that users will be able to use PayPal in-app, in-store and online.   Users can add their PayPal accounts to Samsung Pay and use their PayPal wallet anywhere Samsung Pay is accepted. And because it uses proprietary MST (Magnetic Secure Transmission) technology, which allows you to use Samsung Pay at terminals…

WhatsApp UPI payments option spotted in beta

WhatsApp will soon facilitate instant money transfer via the Unified Payments Interface (UPI) transaction system, shows a new beta update by the mobile messaging platform.   According to a blog website WABetaInfo, WhatsApp was finally giving shape to its plans towards bank-to-bank transfer using the UPI system.   In the new version ‘2.17.295’ through the…

China targets mobile payments oligopoly with clearing mandate

China’s central bank has ordered online payment groups to operate through a centralized clearing house, a move likely to undercut the dominance of Ant Financial and Tencent by forcing them to share valuable transaction data with competitors.   China is the world leader in mobile payments, with transaction volumes rising…

Visa goes into mobile payments via QR Codes

Visa has launched a new payment system, called mVisa, which enables mobile payments between merchants and customers.   The system is based primarily on QR codes, but it also works with numerical codes for future phones. When making a purchase with mVisa, a consumer uses a smartphone to scan a QR…