Refunds are an integral part of the e-commerce landscape, providing consumers with peace of mind and offering merchants an opportunity to build customer loyalty. However, the traditional refund process has long been plagued by inefficiencies and delays. Now, TodayPay, a Refunds as-a-Service provider, has emerged from stealth at Money 20/20 with the aim of transforming the refund experience for e-commerce
In today’s rapidly changing business landscape, companies across the UK, US, and Eurozone are reconsidering their relationships with payment service providers (PSPs). A recent survey reveals that a significant number of businesses plan to end their ties with their current PSPs in the next twelve months. Additionally, there is a growing trend among companies to consolidate the number of PSPs
Visa, a global leader in financial services, is set to introduce the Visa Instalment Solution (VIS) in the GCC region for the first time. VIS aims to offer eligible Visa credit cardholders flexible payment options, effectively managing budgets, and making larger purchases more affordable. This innovative solution is set to transform the payment landscape, benefiting consumers, businesses, issuers, and acquirers
In today’s fast-paced digital age, convenience and security are paramount when it comes to payment solutions. Apple Pay, the innovative payment and digital wallet system developed by Apple, has revolutionized the way we make payments and purchases. With its seamless integration and advanced security features, Apple Pay has become a game-changer in the world of mobile payments. This article explores
Prove Identity, a late-stage startup with origins in the e-commerce mobile payments sector, has closed a $40 million funding round aimed at furthering its strategic shift to the digital identity verification and authentication market. The New York-based company, previously known as Payfone, has rebranded itself as an enterprise vendor specializing in providing secure and seamless identity verification solutions for industries
Token.io, a leading account-to-account (A2A) payment infrastructure provider, has joined forces with Paysafe, a prominent payment platform, to redefine the payment landscape in Scandinavia. This partnership aims to enhance open banking connectivity in Sweden, Norway, Denmark, and Finland, allowing for seamless and secure transactions. Expansion of Token.io’s Open Banking Network in Europe Token.io’s open banking network has proven to be
Safety and security are paramount considerations for merchants when selecting payment methods. According to a recent report by Payments Europe, 72 percent of European merchants prefer cards over other payment options. This article explores the findings of the “Safety, Convenience and Choice: The True Value of Cards” report, which surveyed 1,560 physical and online retail merchants across France, Germany, Italy,
In today’s digital age, small and medium-sized businesses (SMBs) heavily rely on efficient payment processing platforms to streamline their operations. PayPal, a global leader in online payments, has introduced PayPal Complete Payments (PCP) specifically tailored to cater to the needs of SMBs. This standardized payment processing platform is set to revolutionize the way SMBs conduct business transactions. PayPal’s One-Click Buying
Amidst the dynamic evolution of the cryptocurrency realm, Bitcoin has transcended its initial identity as a mere digital asset, assuming a multitude of roles. With its historically low correlation with traditional financial markets, the inclusion of Bitcoin in a diversified portfolio can provide exposure to a different asset class while minimizing the impact of market downturns. Furthermore, Bitcoin’s fixed supply
Matic, a prominent embedded InsurTech platform, recently announced a successful fundraising round of $20 million as an extension to its Series B. The financing round saw participation from previous backers and was predominantly driven by new investors. Matic’s Embedded Insurtech Platform Matic is known for its seamless integration within the homeownership journey, offering consumers a convenient way to save both
Opsera, a leading Unified DevOps platform utilized by top Fortune 500 companies, has announced the successful closure of a Series A Plus funding round, securing $12 million. This funding round aims to support the development and implementation of Hummingbird AI, a generative AI initiative, and accelerate the overall growth of Opsera in the market. With the introduction of Hummingbird AI,
India-based insurtech firm InsuranceDekho recently secured $60 million in Series B funding, a combination of equity and debt capital. This funding round aims to propel the company’s growth and expand its market presence. Led by Eurazeo, Mitsubishi UFJ Financial Group, and Beams Fintech Fund, this investment comes as InsuranceDekho seeks to supercharge its operations and revolutionize the insurance sector in
