Tag

Payment Gateway

Amazon, PayPal discuss future partnership to boost ecommerce business

Amazon and PayPal have discussed the possibility that the online retail company to support PayPal payments at checkout. Amazon offers credit and debit cards, gift cards, and Amazon.com store cards as payment methods. Customers can also link their checking accounts to the site to make quick purchases. PayPal grew to…

Facebook launches payment method in Europe – social networking payments battle begins

Facebook has obtained an e-payments license from the Central Bank of Ireland, signalling that the ability to pay people through the Messenger app (already available in the US) could soon be coming to Europe.   The Central Bank of Ireland’s approval of the payments license was authorised to Facebook Payments…

Xiaomi makes NFC mobile payment service Mi Pay available

Xiaomi has kicked off its footprint in the Chinese mobile payment industry with its NFC-based payments service Mi Pay. In many respects, the payment system works similarly to Samsung Pay, Android Pay, and Apple Pay. It uses NFC for wireless transmission of payment information via smartphones and aims to eliminate…

Apple’s person-to-person mobile payment service planned for launch in 2016

Apple Pay has been around for more than a year and Apple is said to be working hard on expanding its mobile payment service. According to The Wall Street Journal, people familiar with the matter claim that Apple is in talks with several banks in the US to launch a…

MYCyberSALE Online Shopping Campaign

MYCyberSALE online shopping campaign is Malaysia’s answer to the United States’ Cyber Monday, Singapore’s Bigger Better Sale and Thailand’s Online Mega Sale. Spanning over a period of 12 days, the campaign will see local E-commerce merchants like Groupon, offering simultaneous online shopping deals and discounts for the Malaysian consumers. It…

WorldPay processes over 257 million online transactions in H1 2013

The e-commerce division of WorldPay, a global provider of payment and risk services, has processed more than 257 million online transactions in H1 2013. According to the company, online transactions have reached a record rate of 320 transactions per second. Alternative payment transactions have been a strong driver of growth, with…

Sina to launch online banking platform

Chinese internet company Sina has revealed plans to release an online banking platform in September 2013.   The new service, dubbed WeiBank, will allow consumers to make financial transactions, complete bank transfers, make remittances, manage credit card and perform other money-related tasks online.   Sina has yet to disclose specific details of…

PayPal to enter partnership with Discover

PayPal has revealed plans to enter a partnership with US-based direct banking and payment services company Discover Financial Services.   Under the terms of the deal, by the end of 2013, PayPal will be accepted as a payment option in 2 million US retail stores that already accept Discover credit…

WorldPay acquires YESpay

Global provider of payment and risk services WorldPay has acquired global card payments company YESpay.   By leveraging YESpay’s technology, WorldPay will be able to offer its UK clients a payment service, including merchant acquiring, card processing and payment terminals integrated with point of sale systems. The combined service will…

PayPal in-store payment system now available at over 18,000 locations in US

Throughout the past year or so, PayPal has been working to make its in-store payment platform more robust by bringing in a number of new retail partners, including Home Depot, Guitar Center, Barnes & Noble, and JC Penney. However, today the company has revealed that PayPal users can now pay…