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March 7, 2023
By admin

Bybit launches debit card; suspends US dollar deposits

Crypto Exchange Bybit has begun the roll out of Mastercard debit cards, enabling users to convert their crypto into fiat at the point of sale and ATMs. Available for clients in eligible countries in Europe, Bybit Card will be available for a selection of blue-chip cryptocurrencies, namely, BTC, ETH, USDT, USDC, and XRP. Payment requests […]

March 7, 2023
By admin

AsiaPay launches Visa Instalments

AsiaPay a leading provider of digital payment solutions in the Asia Pacific, has launched Visa Instalments in Hong Kong and will further extend to Southeast Asia to provide merchants more flexible payment options and enhance the purchase experience of consumers. Leading a new trend in credit card shopping, the launch of value-added service products, such […]

March 7, 2023
By admin

Wix and Stripe bring tap-to-pay on iPhones to US merchants

Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants. This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware. Using the Wix […]

March 2, 2023
By admin

Banks back ‘Japan Metaverse Economic Zone’

Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.   The new open metaverse infrastructure, called Ryugukoku, will use the metaverse construction framework Pegasus World Kit, developed by TBT Lab Group-owned JP Games. Backed by […]

March 2, 2023
By admin

Payoneer appoints John Caplan as CEO

Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ: PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, today announced the completion of its CEO and CFO transitions.   On February 27, 2023, Payoneer’s Board of Directors appointed John Caplan as CEO of Payoneer, effective March 1, 2023. […]

March 2, 2023
By admin

GoDaddy and WorldPay team on omincommerce

As consumers move more regularly between online and in-the-store, small businesses need the latest tools to provide the same type of shopping experiences seen at big brand companies.   To make payments simple and provide small businesses with an easy-to-use portal to manage their website, inventory and marketing efforts – GoDaddy® (NYSE: GDDY) and Worldpay […]

March 2, 2023
By admin

BIS invites comments on ISO 20022 harmonization proposals

The Bank for International Settlements has opened a consultation on proposals to harmonise the use of the ISO 20022 financial messaging standard in cross-border payments transfers.   ISO 20022 provides a common language for payments that allows for richer and more structured data to be shared via standardised messages. At present, the fragmentation and mixed […]

March 2, 2023
By admin

Wise rebrands as customer numbers reach 16 million

Money transfer firm Wise has unveiled a new look and feel as it reaches 16 million customer worldwide.   The complete visual makeover features a fresh green palette and a new font, and draws from global currencies, languages, alphabets and places around the world. Kristo Käärmann, co-founder and CEO of Wise comments: “Our new look […]

March 2, 2023
By admin

Autohero sales worth 1 billion euros

Used cars retailer Autohero.com generated 1 billion euros in sales in 2022. That is an increase of over 80 percent compared to the year before. This is mostly due to raising prices of used cars following supply chain shortages.   Autohero is owned by the German Auto1 Group, which also owns Wijkopenautos.nl in the Netherlands […]

March 1, 2023
By admin

Klarna reports $1 billion loss

Swedish buy now, pay later giant Klarna continues to bleed red ink, posting a $1 billion loss for 2022, 47% up from a $680 million loss in 2021. Klarna has been promising investors a pathway to profitability in 2023, with Q4 figures showing steady growth in gross merchandise volume (GMV) and a 19% uplift in revenue. […]