Payments News

On The Web

nbsp; nbsp; nbsp;

Deals

Mobile Money Gateway MFS Africa Has Acquired B2B Digital Payments Player, Beyonic

“MFS Africa, the pan-African payments gateway which connects wallets across different mobile money platforms through its API, has acquired Beyonic, a digital payments services provider for enterprises which operates in Ghana, Uganda, Tanzania, Kenya and Rwanda. As part of the acquisition, MFS Africa will absorb Beyonic’s entire team while Luke Kyohere, founder of Beyonic, will […]

On The Wires

nbsp; nbsp;

Companies

Stripe Launches Products to Support Platforms Powering the Economic Recovery

“Now, platforms powered by Stripe have access to an enhanced toolkit to help their own customers adapt to a fast-changing economic environment. By giving customers more control over their subscriptions and more options to pay with international bank debits, platforms can use Stripe’s infrastructure both to improve their end-customers’ experience and increase their own bottom […]
nbsp;

Domains

O-CITY Joins the Visa Ready for Transit Program to Drive Contactless Payments for Mass Transit Systems Globally

“BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. Visa Ready for Transit program is designed for companies, like O-CITY, whose technology products and capabilities are helping transit agencies and riders realise the benefits of tapping to ride with a contactless card or digital wallet. Acceptance […]
nbsp;

Domains

Currencycloud Announces Partnership With Ripple to Process Cross-border Payments on RippleNet

“Currencycloud, the global leader in providing embedded B2B cross-border payments for platforms of the future, today announced a partnership with Ripple, the enterprise blockchain solution for global payments. RippleNet, Ripple’s global financial payments network, makes it easy for its diverse network of financial institutions worldwide to enable faster, lower-cost payments around the world.”
nbsp;

Domains

E-payment Adoption, Supplier Enrollment Hit Record Highs in the AvidPay Network

“AvidXchange , the leading provider of accounts payable (AP) and payment automation solutions for the middle market, is experiencing record high e-payment adoption rates in the AvidPay Network as businesses look to pay bills remotely and reduce their reliance on shipping and mailing services. More than 300,000 of AvidXchange’s +680,000 suppliers are now accepting e-payments, […]
nbsp;

Domains

Automation Continues to Drive Use of Electronic Payments by Businesses

“MineralTree, a market-leading accounts payable (AP) and payment automation solution provider, today released its fifth annual State of Accounts Payable Report, a survey of over 1,300 finance executives and professionals in the middle market. The research looks at key trends, challenges, and opportunities in accounts payable operations. Annual B2B payment volumes in the US are […]
nbsp;

Domains

Wix Launches Extended eCommerce Solution

“Wix.com , Ltd., the leader in website creation, announced today the launch of an extended eCommerce solution . The new Wix eCommerce solution provides merchants, entrepreneurs and retail brands of all sizes must-have features like customizable branded storefronts and carts, multi-channel sales, hassle-free dropshipping, native payment processing at competitive rates with Wix Payments, professional analytics […]