Surfboard Payments, a Swedish PayTech company based in Stockholm, has entered into a strategic partnership with Worldline, a global leader in the payments industry. This collaboration aims to combine Surfboard Payments’ innovative payment solutions with Worldline’s comprehensive expertise in acquiring, processing, and fraud prevention. Together, they seek to offer a wide range of payment options and services to businesses across
In a groundbreaking collaboration, D•One, a leader in open banking services, has partnered with Salad Money to revolutionize the credit decision-making process. By leveraging D•One’s expertise, Salad Money aims to enhance affordability assessments and offer more accurate and efficient lending options to consumers with impaired or limited credit histories. Enhanced Affordability Assessments With the integration of D•One’s advanced technologies, Salad
Buy now, pay later (BNPL) services have gained significant popularity in recent years, offering consumers the convenience of delayed payment for purchases. However, a concerning trend has emerged, with nearly a quarter of Brits who have used these services being charged late payment fees. This article delves into the implications of these fees and explores the broader issues surrounding BNPL
Exactly, an ambitious payments solutions provider, has made a significant leap forward by securing a major partnership with Apple Pay. This integration of Apple Pay into Exactly’s payment systems offers customers an even more convenient and secure way to manage their finances and payment methods. With the growing preference for digital wallets among buyers, this collaboration brings forth a range
Taiwan’s Financial Supervisory Commission (FSC) has recently issued a directive instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move comes as the regulator emphasizes that credit cards should primarily serve as consumer payment tools rather than vehicles for investment, wealth management, or high-risk speculative transactions. This directive adds another layer to
The FinTech industry in Sweden has witnessed exponential growth in recent years, driven primarily by the increasing popularity of payment apps and the shift towards digital payments. In 2023, payment apps dominated the market, accounting for the majority of FinTech app downloads in Sweden. Among these, Klarna, a leading buy now, pay later provider, emerged as the most downloaded FinTech
Revfin is an innovative Indian FinTech company operating in the electric vehicle (EV) loan sector. Recently, the company closed a successful Series B funding round, raising an impressive $14 million. This funding round was led by Omidyar Network, a prominent global investment firm, and saw participation from the Asian Development Bank, Companion Capital Limited, a group of angel investors, and
One of the few remaining Apple Pay holdouts has finally caved to the pressure. Lowe’s, the second-largest hardware store chain in the United States, is now rolling out Apple Pay support and tap-to-pay capabilities for contactless credit and debit cards at its over 2,100 locations nationwide. This decision could potentially disrupt the home improvement retail landscape, putting pressure on other
In today’s digital era, PayPal has emerged as a leading online payment provider with an estimated 435 million users worldwide. Its widespread popularity can be attributed to its seamless transactions, robust security measures, and user-friendly interface. As we approach 2024, it is crucial to explore the top uses and potential expansion of this payment giant in both online and offline
Address accuracy might seem like a minor detail, but it has a significant impact on e-commerce businesses. In a digital world where online transactions have become the norm, ensuring the accuracy of shipping addresses plays a pivotal role in ensuring a seamless and profitable e-commerce operation. This article delves into the crucial role of address accuracy, the consequences of address
In the rapid race to digitize, giants like Apple and Google seem to have lost sight of the original vision for digital wallets. While these wallets were initially designed as convenient payment facilitators, their potential as dynamic platforms with the ability to exchange secure data for personalized offers and opportunities has been overlooked. This article explores the transformative power of
The world of digital payments is experiencing a rapid transformation, and the numbers speak for themselves. By 2027, digital payment transactions are projected to reach a staggering $14.78 trillion. This article delves into the key trends that will shape the landscape of digital payments in 2024 and beyond. Consolidation in Open Banking Open banking has emerged as a game-changer in
