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Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.
Nebraska’s Department of Banking and Finance has approved an application from blockchain-based financial serviceprovider Telcoin to become the state’s first Digital Asset Depository Institution. The post Telcoin Bank Steps Closer to Becoming the First Regulated Crypto Bank in the US appeared first on The Fintech Times.
Currency diversification is accelerating; how are geo-political tensions and shifting trade flows reshaping global payment demands? Multi-currency clearing is no longer optional; how are FIs evolving their strategies to support growth and resilience? But the geo-economic domain is not the only source of change.
Partior’s platform is live with prominent currencies, such as USD, EUR and SGD, and is used by major banks and firms, including DBS, JP Morgan, Standard Chartered, Siemens and iFAST Financial. Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies.
Regional and currency limitations If your app serves an international user base, regional limitations can create friction. Currency conversion fees or poor exchange rates impacting both users and your margins. Currency conversion fees or poor exchange rates impacting both users and your margins. Alipay, iDEAL, M-Pesa).
Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment serviceproviders (PSPs). Currency conversion, fluctuating exchange rates, varying local regulations, and regional preferences for payment methods add layers of complexity.
But it also brings real challenges: unfamiliar regulations, new consumer behaviours, different currencies, and ever-shifting payment preferences. They want websites in their language, prices in their currency, and the ability to pay using familiar methods, whether it’s PayNow in Singapore or Klarna in Sweden. Their secret?
Merchant services help small businesses simplify payments, save money with transparent pricing, and secure transactions with fraud protection and PCI compliance. To choose a merchant serviceprovider, compare pricing structures, review contract terms, check system compatibility, and prioritize responsive customer support.
In the current ever-evolving global payments environment, payment serviceproviders (PSPs) face growing pressure to bring on network partners—like banks, wallets, and financial institutions—quickly, securely, and in full compliance with regulations. What was once a routine back-office task has become a vital strategy for growth.
Merge, a London-based fintech, has received approval from French regulators to operate as both an electronic money institution (EMI) and a virtual asset serviceprovider (VASP).
This article will show all you need to know about online credit card processing and how you can select the best payment servicesprovider for your needs. You will receive your payment in full, while the customer will repay the loan in interest-free installments (but there are associated fees) to the credit provider.
Some offer hands-off support from the payment gateway provider while others require regular maintenance and support. That said, lets dive into the different types of eCommerce payment solutions: Hosted payment gateways Hosted payment gateways are provided by a payment serviceprovider (PSP).
Firms operating in multiple currencies or across differing time zones may face trouble in ensuring funds are instantly deposited into safeguarding accounts. This inflexibility could hinder their ability to offer competitive, innovative solutions, such as multi-currency wallets or cross-border payment services.
Antom: a leading merchant payment and digitisation servicesprovider, offering one-stop, vertical-specific digital payment solutions to merchants of all sizes. Total payment volume (TPV) of Antoms direct acquiring services nearly doubled between January and November 2024 over same period of 2023.
It also offers payment, foreign exchange (FX) and banking services to other banks and fintech companies in the sector. In particular, its DBS Globesend solution for cross-border payments spans 132 currencies and 190 countries. DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service.
Step 4: The credit card processing companies send the payment to the business’s bank through a certified merchant servicesprovider such as Stax. Some merchant serviceproviders may offer same-day or next-day funding, while others might take longer to process payouts. Step 3: The card is authorized.
The payment system unified all the distinct online checkouts offered by Visa, American Express, Mastercard, and Discover, and once customers register their cards with any of the major card networks, they only need to tap the Click to Pay button on the websites of online retailers and serviceproviders to make payments.
Global travel company, Booking.com , is joining forces with Antom , a merchant payment and digitisation servicesprovider under Ant International , to enhance the payment experience for Booking.com customers by integrating diverse payment options across key markets in Asia.
This acquisition unites Agilisa’s innovative gateway that powers seamless, secure transactions to retail, e-commerce, and serviceproviders with Payroc’s robust processing network. Their expertise will accelerate feature development for settlement, reporting, tokenization services, and point-of-sale integrations.
“Our unique position as both a licensed crypto and fiat payment serviceprovider allows us to bridge the gap between traditional finance and the digital economy, delivering cutting-edge solutions for cross-border payments and digital asset management.
Company Overview: From Niche Provider to Global Checkout.com began as a cross-border payments solution focused on emerging e-commerce markets. Over time, it expanded into a full-service payment serviceprovider, offering acquiring, processing, gateway, and fraud management services through a single, unified platform.
The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. Digital wallet providers must: Implement robust encryption and tokenisation to protect card details and transaction data.
Home News Crypto Coinbase launches stablecoin payments service Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
The Payment Page Widget is perfect for online sellers, serviceproviders, and NGOs. Note: You can add multiple wallets, but all of them must be of different currencies. Multiple wallets of the same currency aren’t allowed.) Multi Line Text: To let customers enter a multi-line address. Click ‘Publish’.
Best for : Platforms requiring multi-product financial offerings. Zoho Subscriptions A flexible subscription billing solution with integrated invoicing, dunning management, and multi-currency support. Managing payments and FX is mission-critical for businesses operating across borders or handling multi-currency revenue streams.
Paytiko’s team acknowledged that merchants were still compelled to manually troubleshoot issues, interpret inconsistent fee structures, and piece together disparate data from multiple payment serviceproviders (PSPs) despite having access to dashboards and rudimentary analytics in place.
“Our unique position as both a licensed crypto and fiat payment serviceprovider allows us to bridge the gap between traditional finance and the digital economy, delivering cutting-edge solutions for cross-border payments and digital asset management.
How payments are settled—that is, the currency in which funds are ultimately received—has profound implications for liquidity management, risk exposure, and treasury operations. Your organization likely has settlement bank accounts in a few major currencies and automatically converts everything to them.
Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.
Payment orchestration platform BR-DGE has revealed it is now supporting a new global alternative payment method (APM) on its platform, through a new partnership with digital wallet serviceprovider AstroPay. BR-DGE has now successfully integrated AstroPay into its platform, making it available as an APM for BR-DGE’s merchant customers.
Large corporates built bespoke treasury systems to manage multi-bank transfers, FX conversion and reconciliation. Programmability & Conditionality: Early pilots embed smart contract triggers, e.g., escrow release only after invoice approval, integrating payment logic directly into the currency token.
Episode Six , a global provider of modern ledger and card infrastructure, has been selected by Singapore-based fintech Aspire to introduce a new multi-currency corporate card offering tailored to SMBs in Hong Kong and Singapore.
Our unique position as both a licensed crypto and fiat payment serviceprovider allows us to bridge the gap between traditional finance and the digital economy, delivering cutting-edge solutions for cross-border payments and digital asset management.
Visa’s Flexible Credential , piloted in Japan, lets users switch between funding sources and is being explored for business applications and multi-currency payments. Q: What are some of the servicesprovided by Visa and Mastercard?
Launches and milestones Bitget, the cryptocurrency exchange and Web3 company, has introduced a ‘hold-to-earn service’, Bitget HodlerYield, with USDE and weETH as the first supported tokens. The platform offers multi-currency accounts, starting with USD, EUR, GBP, NGN and Stablecoins, with payments to more than 100 countries.
Samuel Corum via Getty Images For payments processors fighting a rising flood of fraud, artificial intelligence is a key weapon, according to a trade group that represents such serviceproviders. The agencies suggested increased collaboration, more industry education and improved supervision.
Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change. The Payments Regulation Roadmap for Q3 2025 provides a forward-looking view of the legislation and consultations shaping the compliance landscape.
Payment Orchestration Payrails acts as a central control layer across multiple payment serviceproviders (PSPs), acquirers, alternative payment methods (APMs), and fraud tools. The system is designed to handle complex business models, including multi-currency, multi-entity, and marketplace structures.
As cash positions shift in real time and multi-currency pooling moves from theory to necessity, how should banks identify and manage exposures? What infrastructure overhauls, not quick fixes, are needed to deliver real-time visibility and actionability?
As cash positions shift in real time and multi-currency pooling moves from theory to necessity, how should banks identify and manage exposures? What infrastructure overhauls, not quick fixes, are needed to deliver real-time visibility and actionability?
As a global investment base, local funds commonly transact across a diverse range of currencies, including yen, Hong Kong dollars, pounds and euros. This approach addresses the complexities of establishing financial relationships within Luxembourg’s conservative market and provides clients with an alternative to banks.
Consider Flexibility and Scalability As your business grows, your payment processing needs may evolve, so it’s important to choose a provider that offers flexibility and scalability. Make Sure The Payment Processor Technology Isn’t Dead and Buried A payment processor is only as good as their customer service and their payment technology.
“In addition to supporting retailers, Adyen for Platforms supports those platforms that want the best experience, whether they’re a software-as-a-service platform or a serviceprovider focused on golf payments,” the spokesperson said. Sign up A valid email address is required. Please select at least one newsletter.
Dozens of EWA serviceproviders, which include DailyPay, EarnIn, Flexwage Solutions and Chime, have voiced varying views about legislative proposals cropping up across the country.
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