Payment gateways news stories

Digital Transformation
Over half of SEA users say SMBs should use digital payments
According to a Kaspersky study, more than one in two SEA users say small businesses should be using digital payments.

Payment gateways
NEC adds advanced billing capability to Converged Core
NEC Corporation has announced an enhanced Converged Core with the launch of a containerised Charging Gateway Function.

Fintech
New online shopping platform allows shoppers to get others to pay for their items
New fintech startup YouPay offers a unique online shopping option where you pick what items you want from over 250 retailers and get someone else to pay.

SaaS
Restaurant Brands, Ant Group partnership to accelerate DX
Restaurant Brands has announced a regional partnership with Ant Group's digital solutions to accelerate digital transformation of its restaurant operations across Asia Pacific.

Payment gateways
How Covid has accelerated the progress of innovative payment solutions
Software technology company Synthesis lays out five ways Covid has changed our behaviour and the payment solutions designed to meet the new criteria.

Financial institutions
Entrust acquires financial technology company Antelop Solutions
Entrust, a company specialising in trusted identity, payments and data protection, has announced a definitive agreement to acquire Antelop Solutions.

Payment innovation
Adobe to launch eCommerce Payment Services feature powered by PayPal
"Merchants will no longer have to contend with multiple logins and other disjointed user experiences for their payment processing," the company states.

Payment innovation
PPRO integrates Indonesian payment methods Jenius Pay and LinkAja into platform
The integrations will enable international payment companies and merchants to cater to Indonesian consumers’ preferred payment methods, further growing local sales in the market.

Snowflake
mx51 to use Snowflake for analytics and customer service
Snowflake has been selected by merchant payment platform mx51 to support its analytics and customer service.

Payment gateways
Square to acquire Afterpay for approximately AUD$40 billion
Square has announced plans to acquire Australian buy now, pay later company Afterpay.

Payment innovation
Failed payments costing Asia Pacific organisations more than $41b every year - Accuity report
The study also found that 60% of respondents are losing customers because of failed payments.

Payment gateways
Baymard Institute identifies trends to reduce shopping cart abandonment rates
Research company Baymard Institute has identified trends that can reduce shopping cart abandonment rates.

Payment gateways
Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Forter has doubled its revenue in the last 12 months, raising $300 million for a $3 billion valuation.

Commerce Systems
PayPal deepens partnership with Google Cloud to support growth
Under this expanded relationship, Google Cloud will provide both infrastructure and analytics capabilities to support PayPal’s growth, helping the company process transactional data at huge scale.

Payment gateways
Square announces new developer tools - APIs and an SDK
Digital payment company Square has announced three new developer tools.

Fintech
Marqeta and Afterpay innovate payments experience for A/NZ
Marqeta has partnered with Afterpay to issue virtual cards as part of its in-store solution in the Australia and New Zealand (A/NZ) market.

Payment gateways
Soft Solutions rolls out new WatchGuard billing system for NZ
"This flexible procurement model builds upon our partner first strategy, supports companies in their cloud transformation and allows them to benefit from increased protection and flexible, scalable IT infrastructure."

Payment gateways
Travelex and Nium team up to bring digital remittance solution to APAC
Travelex has partnered with global payments platform Nium to bring digital remittance services to Asia Pacfic customers.

Cloud Banking Solutions
Video: 10 Minute IT Jams - Who is TNS?
We spoke to TNS Payments Market business' global managing director John Tait.

Cloud Banking Solutions
Payments firm Instarem refreshes brand to support new growth phase
Customers can expect a new and improved experience, which is reflected in the brand’s modern look and feel.

Cloud Banking Solutions
Payment errors cost A/NZ organisations millions of dollars
Profectus has recovered $120 million from transaction errors in recent years, and most of these were due to human error.

Cloud Banking Solutions
One in four Australian businesses now 'cashless', according to Square report
“While some regions and industries are starting to see cash pick up in circulation again, we are yet to see it return to pre-pandemic levels.”

Cloud Banking Solutions
eftpos to roll out new anti-fraud tools to support digital economy
The technologies have been in development for ‘several years’ according to eftpos.

Payment gateways
How e-invoicing works and why it’s essential for business survival
The reasons for implementing e-invoicing centre on unlocking many benefits for all stakeholders by automating previously manual processes, writes MessageXchange managing director John Delaney.