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  • Visa Taps PayMate To Enhance B2B Payments In India

    Visa Taps PayMate To Enhance B2B Payments In India


    2018-01-20 [ Industry News ]


    Visa is working with India B2B payments company PayMate to enhance its payment services for corporate customers, reports said Thursday (Jan. 18).Reports in Money Guru India said Visa has chosen PayMate to provide a B2B payment platform for joint customers, including small- and medium-sized businesses (SMBs) struggling with managing manual payment methods like checks and cash. The platform can enhance automation of processes like accounts payable, accounts receivable, eInvoicing and cash flow management, the firms said.“We are extremely pleased to partner with a global leader in the f......

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  • NTT Docomo to start QR code payment

    NTT Docomo to start QR code payment


    2018-01-20 [ Industry News ]


    Major Japanese mobile carrier NTT Docomo says its subscribers will be able to pay at stores using a QR code.Officials say starting in April subscribers will be able to pay by showing the square security pattern, known as a QR code. The payments will be added to a monthly bill, or deducted from a credit card.Subscribers will have to download an app on their smartphone to use the service. It will be available at some 19,000 retailers and restaurants nationwide. Docomo says that figure will rise to 100,000 in a year.The move suggests the company is searching for alternative profit streams, as ear......

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  • Visa Corporate Announces Change To Signature For EMV Merchants

    Visa Corporate Announces Change To Signature For EMV Merchants


    2018-01-19 [ Industry News ]


    The change from magnetic-stripe cards to Europay / Mastercard / Visa (EMV) standard chip-based cards has been a difficult one for many merchants out there, and not without reason. The changes in infrastructure, the lack of understanding, and several other factors got together to bog down the EMV switchover. For those who did make it, however—and to, as the Voltaire novel put it, “encourager les autres”—there’s a new development afoot: signatures will be optional soon.Starting in April, the signature requirement for EMV users will no longer be a requirement at all, as long as the merchant in qu......

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  • Alipay Hooks Up With Blackhawk Network To Expand Operations

    Alipay Hooks Up With Blackhawk Network To Expand Operations


    2018-01-19 [ Industry News ]


    Alipay’s expansionism continues unabated, thanks to new reports coming out all over. Its recent setback trying to pick up MoneyGram hasn’t slowed it down any, and the latest word comes out of a new deal between itself and Blackhawk Network, one that’s set to bring the popular Chinese mobile payment system to more retailers in fairly rapid fashion.The recent word says that Blackhawk will start bringing Alipay service to its own various users starting this month, which means it won’t be long at all before a new slug of merchants can start accepting Alipay. This is especially useful for any Black......

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  • Ripple And MoneyGram Get Together For Cryptocurrency Testing

    Ripple And MoneyGram Get Together For Cryptocurrency Testing


    2018-01-18 [ Industry News ]


    MoneyGram most recently made news as being a target of Ant Financial’s Alipay operations, but after regulators put the kibosh on such an arrangement, it had to carry on as its own entity. Now, MoneyGram is branching out in an unexpected direction: cryptocurrency. It’s teamed up with one of the biggest newcomers around, Ripple, to run the digital currency through its payment flows.The partnership arrangement calls for Ripple to serve as the medium for cross-border transactions, whether to friends and family or business partners. The current model for such cross-border payments, MoneyGram noted,......

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