Cards & Payments

International payment systems provider Vocalink has partnered with Saudi Payments to launch real-time payments in Saudi Arabia, reports Jane Connolly Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), has teamed up with Mastercard company Vocalink...

Digital payments giant Visa has unveiled a new platform dubbed Visa Next to help transform the way consumers access, manage and control their money. Visa Next features a set of beta APIs, development tools and specifications for issuers and issuer...

IBM announced IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the...

Remitly, a US-based digital remittance company, has entered into a partnership with Visa, with an aim to improve cross-border money transfer service. The partnership will work on further modernization of the sending and receiving of funds globally with the addition...

US-based payments company Square has launched a free Mastercard-powered business debit card called Square Card with an objective to give sellers real-time access to funds. Square claims that the new business debit card will help businesses in managing their cash...

Worldpay, a leading global payments technology provider, and Sage Pay, part of Sage Group, a market leader in cloud business management solutions, have announced a partnership that broadens the range of card payment solutions available to businesses. This partnership will...

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it calls an “all-in-one” point of sale (POS) unit, with PayPal handling the payment processing...