Payments News

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SWIFT Launches Global Instant Payments Service Using GPI

“SWIFT has announced the launch of a new service in which it will deliver global instant payments this Monday. The payments giant has achieved this by integrating its cross-border payments service, gpi ( Global Payment Initiative ), into domestic instant payment systems. Together with gpi banks, SWIFT will facilitate instant international payments through a combination […]
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Mobile Payments Can Transform Revenue Collections For SA’s Struggling Metros

“Making it easier for consumers to pay their municipal bills could transform revenue collections for South Africa’s struggling metros and municipalities, bringing in much-needed funds to improve service delivery in the process. Thomas Pays, the CEO of South African digital payments platform Ozow (formerly i-Pay), says most municipalities have debt books of billions of Rands […]
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Bill.com Expands International Payments Footprint to More Than 130 Countries, Facilitating Payments in More Than 100 Currencies

“Today Bill.com , a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations, announced it now supports international payments to 137 countries and 106 currencies. Since the beginning of the year, Bill.com says that the number of transactions it processes increased 216 percent and total payment volume increased 258 percent. […]
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Wearing Stripes • Bits and Rubies

“Over the years, Stripe has become an established name when it comes to online payments. That’s why, they were one of the main contenders we had in mind, here at WeTransfer, when a major overhaul of our billing system was long due. This is a story about how to wear stripes, or more exactly, about […]
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Tradeshift, Monerium Settle First Invoice Using Smart Contracts

“Tradeshift, a supply chain payments firm and Monerium, a provider of licensed e-money for blockchains, announced that they have settled the world’s first invoice with smart contracts and e-money. The transaction involved a purchase from Nordic Store, an Iceland-based retailer, which made a purchase from Ikea Iceland and settled an e-voice through Monerium’s programmable digital […]
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On The Wires

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Discover and JAGGAER Launch B2B Payments Solution

“The Discover Global Network will support payments on JAGGAER ONE Platform’s vast network of more than 2000 customers and 4 million suppliers in 70 countries. Discover will work with JAGGAER to bring virtual card numbers as a solution in early 2020 followed by other payment method options later that year.”
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Samsung Pay and Finablr Announce Cross-Border Payments Partnership

“Finablr PLC , a global platform for payments, and Samsung Electronics America today introduced the Money Transfer feature in Samsung Pay. This new in-app international money transfer service, a first of its kind in the U.S., offers users seamless and secure cross-border payments to 47 countries through a variety of payout methods, all within Samsung’s […]