Tuesday, December 1, 2020
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Sri Lanka’s economy continues to depend on remittances

The country has become very much of a remittance dependent economy. Without foreign remittances the country's external finances would be down. Read more: www.sundaytimes.lk

Currencycloud partners with Crédit Mutuel Arkéa 

Currencycloud, the international payments engine behind countless financial firms, announces a new partnership with Arkéa Banking Services. Read more: techcitynews.com

Mastercard and Verifone launch POS financing app in UK

Eligible customers will be given the option of paying for their purchases in fixed installments at the point that they insert their card into a payment terminal. Read more: www.reuters.com

Danish midsize banks move in on mobile payments

Danish local and regional banks have banded together to launch a national HCE mobile wallet. Read more: www.finextra.com

Apple Pay now lets non-profits take donations

Apple announced that its payments service Apple Pay will now support the ability to make donations to non-profits. Read more: www.fintechranking.com

Viewpost expands SME network with Visa partnership

B2B invoicing and payments company Viewpost has partnered with Visa to enable digital payments for small and medium businesses. Read more: bankinnovation.net

Europe’s mobile payment players braced for battle

European mobile payment providers iZettle and SumUp are among a handful of start-ups that have encouraged European small businesses to kick their cash-only habits. Read more: www.reuters.com

Indonesian banking giants to integrate cashless payments

Four Indonesian major commercial banks –from state-owned Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI), to privately owned Bank Central Asia (BCA)– today announced a plan to integrate their cashless payment services under one network. Read more: www.e27.co

Mastercard targets APAC B2B payments

Mastercard is once again expanding its presence in the B2B payments market, this time in the Asia Pacific region. Read more: www.pymnts.com

Vodafone and PayPal partner on contactless payments

Vodafone and PayPal have joined forces to allow UK customers to make contactless payments. Read more: www.finextra.com

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