Fintech-as-a-Service provider Rapyd brings together Singapore’s key payment methods into the first all-in-one “Singapore Platform”
Rapyd, a global Fintech-as-a-Service company, announced today its partnership with key players of Singapore’s payments ecosystem to provide a single “Singapore Platform” to enable businesses to go “cashless”, in line with the country’s vision of becoming a smart digital nation and a center for Fintech innovation. Rapyd’s “Singapore Platform” will bring greater convenience to local […]
Alipay sets sights on digital payments outside Asia as it teams up with Russia’s Mail.ru
Alipay, one of China’s dominant digital payments providers, has teamed up with Russian internet firm Mail.ru in an e-wallet joint venture to develop digital payments in the country. The joint venture is Alipay’s first outside Asia, where it already partners with local e-wallet providers such as Hong Kong’s AlipayHK, Indonesia’s Dana and Malaysia’s Touch ‘n […]
GrabPay rated most popular e-wallet in Singapore
Grabpay has emerged as the most popular e-wallet in Singapore over the past two years, as e-payment systems catch on in the city-state. It was followed by e-wallets DBS PayLah!, FavePay, EZ-Link app and Alipay. A report by meta-search website iPrice Group, in collaboration with mobile data and analytics platform App Annie Intelligence, said the […]
Dutch fintech to bring mobile payments to South America’s smallest country
Dutch fintech Move4Mobile has developed a mobile payments app for Hakrinbank, bringing online payments to Suriname, the smallest country in South America. The app, named Mopé, will enable anyone with a smartphone to make purchases and transfer money electronically in a country where the majority of transactions are performed using cash. Mopé provides a mobile […]
Iraqi company and Lebanese fintech launch the first digital-only payment card ‘Neo’ in Iraq
Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a […]
Tron partners with Fintech firm Simplex
Tron, the blockchain-based decentralized platform, has announced a new partnership with the provider of fraudless crypto payment firm Simplex. The announcement on Tron was made on twitter. Simplex acknowledged that it will enable TRX’s purchase with credit cards on its platform. Simplex is a fintech firm that acts as a credit card processor in the […]
Softbank pumps £510m into finance firm Greensill that could kill off payday lenders
Japanese conglomerate Softbank is set to inject another £510million into British online finance firm Greensill as part of plan to launch a new service that aims to wipe out controversial payday loans. City sources said Greensill, set up by former Morgan Stanley banker Lex Greensill, is in advanced talks to buy FreeUp, a technology company […]
Canada becomes the first country to launch Samsung POS
Today, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and […]
