News

InComm Payments, a leading global payments technology company,  announced that it has acquired Todo Cartões, one of Brazil’s main closed-loop gift card processors. The acquisition will grow InComm Payments’ presence in the country by enabling the processing and distribution...

Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments. Revolut’s chief executive Nik Storonsky announced that merchant acquiring unit will allow businesses in 13 European countries to accept...

COVID-19 has been sympathetic to the cause of technology companies as manual processes have moved to digital at a faster pace through 2020. Some techies prefer to identify the pandemic as a watershed moment in the use of technology...

WhatsApp has introduced a new shopping feature called WhatsApp cart for an easier more integrated m-commerce shopping experience on the platform. The “Add to Cart” feature enables users to browse through catalogues and include multiple products from one merchant. They...

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices violates domestic laws. In a statement, ACM noted many phones...

UK-based clearing bank ClearBank has entered into a strategic partnership with Temenos, a Swiss banking software developer, to leverage its cloud-based payments platform. ClearBank aims to provide banks with access UK payment systems and a quick way to market for...

Troubled private lender Yes Bank finalised an agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee to GPL Finance and Investments which is 99 per cent owned by White Oak Investment...