Latest news with #ElectronicPaymentsInternational
Yahoo
6 days ago
- Business
- Yahoo
payabl. launches SEPA Direct Debit capabilities for business payment services
UK-based fintech company payabl. has launched SEPA Direct Debit capabilities within its payment services for businesses. This will facilitate the automatic collection of recurring euro payments for companies operating across the 36 SEPA countries, the company claims. The newly introduced functionality allows merchants to accept recurring payments from customers through payabl.'s gateway. This is particularly relevant for business models based on subscriptions, as well as media services that rely on regular billing cycles, the company added. The SEPA Direct Debit feature is designed to streamline payment processes, with a focus on hosted checkout systems, the creation of secure payment mandates, and the provision of automated pre-notification alerts to customers. For businesses using payabl.'s business accounts, the SEPA Direct Debit service offers the ability to automate outgoing payments, such as those to suppliers, utilities, or government entities, including a real-time notifications and a system for mandate control and approval workflows, all accessible via the portal. payabl. head of product Breno Oliveira said: 'Businesses need different solutions for different payment challenges. That's why we're launching SEPA Direct Debit across both our acquiring and business account products. 'Whether you're collecting from customers or paying suppliers, each product has been purpose-built to match the workflows, pricing, and operational needs of that use case, without compromise.' payabl., established in 2011, operates out of multiple European locations including the UK, Germany, the Netherlands, Cyprus, and Lithuania. The company's portfolio encompasses a variety of payment products, ranging from card acquiring and business accounts to integration with over 300 local payment methods and the provision of POS terminals. "payabl. launches SEPA Direct Debit capabilities for business payment services " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
15-07-2025
- Business
- Yahoo
Mobile payment platform QwikPay launches in Australia
QwikPay, a mobile payment platform, has commenced operations in Australia, offering a mobile-based, cardless payment system. Founded by fintech entrepreneur Nik Bavisetti, the payment platform utilises Australia's PayTo and PayID payment infrastructure to facilitate transactions without per-transaction fees or physical terminals. QwikPay operates on a subscription model with a flat monthly fee starting at A$39.99 ($26), allowing merchants to process unlimited payments via smartphones with real-time confirmation. The platform requires no hardware or contracts and is currently onboarding merchants and users across the country. The service targets both small businesses and individuals. QwikPay founder and CEO said: "QwikPay gives power back to businesses and removes the invisible tax that Australians have been paying every time they buy a coffee, get a haircut or pay a tradie. "This isn't just a better experience, it's a better system that puts money back into the pockets of businesses giving them access to their funds instantly. They can withdraw any time. No hidden costs or fees." Bavisetti added: "This platform has the potential to shift billions of dollars back into the hands of business owners and everyday people." "It removes the complexity, the cost and the control held by banks and card providers and replaces it with something more powerful; choice." "Mobile payment platform QwikPay launches in Australia " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
- Yahoo
AEON expands Web3 mobile payment solution to Nigeria
AEON, the cryptocurrency payment framework, has expanded its Web3 mobile payment solution, AEON Pay, into the Nigerian market. AEON Pay now enables users in Nigeria to conduct transactions with local merchants by integrating support for local bank transfers within its Telegram miniapp and decentralised applications (dApps). It allows Nigerian consumers to make purchases in Naira (NGN) with their preferred cryptocurrency and wallet for payment, eliminating the need for manual cash-outs or the use of centralised exchanges. AEON Pay will oversee the conversion of digital assets and initiating a bank transfer to the merchant's account. The service is compatible with the Nigeria Inter-Bank Settlement System (NIBSS), which provides the infrastructure for interbank settlements and digital payments. AEON Pay is accessible through various platforms, including Telegram MiniApps, wallet dApps, and crypto exchanges. AEON has now reached beyond its initial focus in Asia, with future plans to adapt to financial systems in Latin America. 'This launch signals AEON's official entry into Africa', the company said in a statement. In November last year, AEON introduced an authorisation payment feature on the TON blockchain to enhance the utility of blockchain technology in everyday financial activities. AEON's payment protocol is designed to set a new standard for crypto payments by linking Web3 infrastructure with conventional applications. "AEON expands Web3 mobile payment solution to Nigeria " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
Bolt integrates Klarna's payment options into CheckoutOS
Checkout and identity platform Bolt has added Klarna's payment options into its CheckoutOS, enabling merchants to offer 'flexible' payment methods to consumers. The integration positions Klarna as the default payment method on Bolt's platform, allowing customers to use Klarna's Pay in 4 feature to split payments or opt for financing on higher-value items. The collaboration streamlines the addition of new payment methods for merchants, eliminating the need for additional contracts or technical development. Klarna's payment options on Bolt-powered stores provide a 'one-click' checkout experience, combining identity verification and payment processing into a single action. The initial phase will see the integration go live in the US later this year, with subsequent plans to extend into other markets and sectors. Bolt CEO Ryan Breslow said: "Bolt merchants need powerful tools that help them capture consumer spend. By embedding Klarna natively, we're giving every merchant—from emerging brands to enterprise-scale retailers—a turnkey way to offer flexible payments, without lengthy contracts or approval processes. 'We're excited for our network of 80 million shoppers to discover the simplicity of one-click checkout paired with Klarna's flexible payment options." Bolt's suite of products include CheckoutOS and the SuperApp, an all-in-one finance and crypto hub. Last month, Bolt launched Bolt Connect, to help marketplaces onboard merchants. It also confirmed the support for stablecoin payments. In Q1 2025, Klarna reported a $3m adjusted operating profit, up $5m from the same period in the previous year. "Bolt integrates Klarna's payment options into CheckoutOS " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
EBANX, APLAZO partner to expand flexible payments options in Mexico
Payment services company EBANX has partnered with Mexican fintech firm APLAZO, which specialises in buy now, pay later (BNPL) solutions. The collaboration aims to strengthen the offering of flexible payments in Mexico. It focuses on meeting the needs of international online merchants. Through this collaboration, international online merchants can now offer tailored financing options to their Mexican customers via EBANX's payment platform. For the first time, APLAZO's BNPL service will be available for cross-border e-commerce transactions, enabling global companies to reach a broader audience in Mexico. EBANX vice-president of product Eduardo de Abreu said: 'Mexico is one of the most dynamic markets in Latin America, where e-commerce is expected to grow 25% annually until 2027, with digital payment adoption aligned with this growth. "Partnering with APLAZO will allow us to expand our local reach and offer our global clients an alternative that directly responds to the preferences of Mexican consumers.' According to EBANX's analysis, combining alternative payment methods like APLAZO with local card options allows merchants to access over three times more Mexican consumers compared to relying solely on international acquirers. The integration of EBANX and APLAZO's solutions is expected to provide merchants with the ability to offer a more flexible payment experience. This could lead to benefits such as increased average ticket size, higher purchase frequency, reduced cart abandonment, and access to new market segments, according to APLAZO's press statement. APLAZO co-founder and CRO Alex Wieland said: 'Our mission at APLAZO is to provide access to credit in a fair, simple, and transparent manner. 'This partnership with EBANX reinforces our commitment to facilitating access to financing for millions of consumers in Mexico and accelerating the digitalisation of commerce in the country.' Since its launch in 2020, APLAZO has secured over $100m in equity financing and $75m in debt financing. EBANX, which has been operating in Mexico since 2015, supports local payments for global companies, connecting over 500 major digital businesses with customers across 29 countries in Latin America, Africa, and Asia. "EBANX, APLAZO partner to expand flexible payments options in Mexico" was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
