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StraitsX Enables Stablecoin-Based Payments for Tourists at GrabPay Merchants

Fintech News

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. Ant International, which operates Alipay+, connects over 1.6

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Payment Processing for Small Businesses: What They Don’t Tell You

Clearly Payments

Cash Discounting and Surcharging To offset processing costs, some businesses use cash discounting or surcharging: Cash Discounting Offering a small discount (usually 3-4%) for customers who pay with cash instead of a card. Offering mobile and contactless payment options can improve customer experience and increase sales.

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5 Top Payment Trends Impacting Asia in 2024

Fintech News

Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). These include cross-border Payment versus Payment (PvP) transactions and wholesale market Delivery versus Payment (DvP) transactions. from 2019 to 2029, reaching a market value of US$7.8

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StoneX Partners with NatWest to Enhance Global FX Payment Systems

Fintech Finance

The Payments division of StoneX ( StoneX Payments ) will supply NatWest with third-party delivery and international FX payment systems, allowing the bank’s corporate clients to transfer money to more nations with ease.

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Finovate Global Hong Kong: Open Platforms, Web3, and New Opportunities for Octopus

Finovate

Worldline partners with BOCHK International payment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. The company’s international digital payments network supports more than 145 currencies, and processes billions of transactions a year.

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What is B2B Payments Processing and How Do You Implement It?

Stax

On the merchant side, B2B cards come with lower processing rates if you qualify for level 2 and level 3 card processing. These levels require you to provide more transactional data and when implemented properly, you can lower your credit card processing costs significantly.

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What Is an ACH Payment Facilitator?

Stax

An ACH payment facilitator, therefore, is simply a PayFac that allows users to accept payments through an electronic bank-to-bank network. ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security.

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