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What are Mobile Payment Services and How Do You Select the Right One for Your Business?

Stax

Building loyalty as a business means meeting your customers where they are, especially where payment options are concerned. Thanks to smartphones and secure authentication, mobile payments continue to explode in usage. Mobile payment systems are revolutionizing how consumers pay for goods and services.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information. This blog will explore the fundamentals of encryption and tokenization, their differences, use cases in the banking and payment industries, as well as their benefits and limitations. What Is Encryption?

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Telr Integrates Samsung Pay to Boost Mobile Payment Adoption Across the UAE

The Fintech Times

Telr , a UAE-based online payment gateway, is joining forces with Samsung Gulf Electronics to integrate Samsung Pay into its suite of payment solutions. Since 2014, Telr has supported businesses in the region with various services, including various payment options, cutting-edge security, and customised solutions.

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Payment Gateway vs Payment Processor: What You Need to Know

Stax

Payment Gateway Payment Processor Primary Function Secures and transmits card data between the customer and the processor Facilitates the actual movement of funds between the customer’s and merchant’s banks Used For Online or card-not-present (CNP) transactions (e.g. Q: What is a Payment Gateway and when is it used?

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PayU First Payment Gateway in Colombia to Integrate Google Pay

Fintech Finance

This integration provides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to meet market demand.

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Mastercard Brings Apple Pay to Customers in Egypt

Fintech Finance

Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device. Apple Pay is easy to set up.

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Fintech Solutions for SMEs: Unlocking Growth Potential

Fintech Review

Fintechs are revolutionising payment solutions, offering SMEs accessible, secure, and flexible payment options that help them streamline transactions and expand their customer reach. Mobile Payment Platforms Mobile payment solutions like M-Pesa in Kenya have been transformative for SMEs in emerging markets.