On The Web

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Wearing Stripes • Bits and Rubies

October 1 2019

• in
• Bill Payment

“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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Bill.com Expands International Payments Footprint to More Than 130 Countries, Facilitating Payments in More Than 100 Currencies

September 25 2019

• in
• Cross-border payments

“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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SWIFT Launches Global Instant Payments Service Using GPI

September 23 2019

• in
• Cross-border payments

“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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Brightwell Teams With Travelex to Offer Cash on Cruise Ships

October 4 2019

• in
• Cross-border payments

“Travelex will manage the cash distribution of numerous currencies to over 75 ATMs provided by Brightwell on cruise ships throughout the world, according to a company press release. The partnership allows crew members to easily and securely access cash onboard while also bringing cash access to passengers. While cruise lines do offer employees free room, […]

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Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into Any App

October 2 2019

• in
• Cryptocurrencies
• Micropayments

“Xpring has already been built on open-source protocols, but this platform would function like Amazon Web Services, Beard said. Developers could download the code and run it themselves, or now they can go to Xpring and plug into the service. Beard envisions the platform being used to enable micropayments in industries like media and gaming. […]

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Powering the Digital Economy; Building a Helpful Google for Everyone in India

September 19 2019

• in
• Mobile Payments

“Four years ago, we launched Google Station : a partnership with Railtel and Indian Railways to bring fast, reliable and secure WiFi to 400 train stations. We hit that milestone last May, and we’ve also expanded the program beyond train stations to include thousands of public buildings and spaces around the country.  And today we’re […]

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Tradeshift, Monerium Settle First Invoice Using Smart Contracts

October 2 2019

• in
• Cryptocurrencies

“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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Costa Rica: “Tap on Phone” payment without POS terminal is already available from Mastercard

September 23 2019

• in
• Costa Rica
• mPOS

“Costa Rica is the first country in Latin America that will use this new form of payment that has come to revolutionize the acceptance of transaction capture without the need to use a conventional or peripheral POS linked to the mobile.”

On The Wires

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Discover and JAGGAER Launch B2B Payments Solution

October 1 2019

• in
• B2B

“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

October 3 2019

• in
• Cross-border payments

“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 […]