Latest news with #onlinepayments
Finextra
10-07-2025
- Business
- Finextra
Paysafe launches PagoEfectivo digital wallet in Peru
Paysafe (NYSE: PSFE), a leading payments platform, is expanding its presence in Peru by evolving PagoEfectivo, its locally successful eCash brand, into a digital wallet. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The PagoEfectivo wallet, the brand's first in Latin America, enables users to instantly load funds, make online purchases, receive immediate payouts from participating merchants, transfer money to others, and pay using a code (CIP). PagoEfectivo has been a market leader in Latin America's eCash payments, enabling millions of consumers to transact online. 'Consumers in Peru already trust PagoEfectivo for everything from iGaming and digital goods to travel and eCommerce. With the launch of our new digital wallet, we're giving them a more convenient way to pay – one that reflects Paysafe's commitment to powering the experiential economy,' said Bruce Lowthers, CEO of Paysafe. 'Our recent survey with Peruvian consumers found that 81% would use a digital wallet from PagoEfectivo. With that strong sign, we're launching a solution that meets consumers' payment needs,' said Esteban Sarubbi, Vice President, Head of Latin America at Paysafe. PagoEfectivo introduces Carlos Alcántara as its new brand ambassador PagoEfectivo is proud to introduce beloved Peruvian actor Carlos Alcántara (Cachín) as its new brand ambassador. Carlos will demonstrate just how easy and convenient it is to pay with the new PagoEfectivo wallet. The nationwide campaign will roll out across TV, digital platforms, outdoor, and out-of-home placements, marking it as PagoEfectivo's most high-profile launch to date. PagoEfectivo Universe To celebrate the launch, from July 10 to 26, Lima residents are invited to experience the PagoEfectivo Universe – an immersive, interactive space at Av. Manuel Olguin 249, Santiago de Surco, from Tuesdays through Sundays, from 12:00 pm to 9:30 pm, where they will play games, simulate payments through the app, meet celebrities and influencers during special time slots, win swags, snap photos, and meet the celebrated brand mascot, Leo Pagoncio.
Yahoo
07-07-2025
- Business
- Yahoo
Commonwealth Bank reveals major payment change for 7 million customers
Commonwealth Bank will roll out a new payment option for seven million customers next month. Mastercard's Click To Pay allows you to pay online without having to manually type in all your payment details and is designed to stamp out card-related fraud, which costs Aussies more than $2 billion a year. When shopping online, you normally have to input your name, 16-digit card number, expiry date and 3-digit CVC. This can open you up to potential fraud if the retailer is hacked and those card details are stolen, plus it can be time-consuming for those needing to make quick purchases. CBA Executive General Manager of Everyday Banking, Monica Wegner, told Yahoo Finance the bank would be automatically enrolling customers into the new Click to Pay option from August. With the payment method, your details won't be shared with the online store at all. RELATED Commonwealth Bank boosts cash back, benefits for millions of customers ATO reveals highest paying jobs that don't require university degree: '$130,000 a year' CBA, NAB, ANZ reveal $200,000 move borrowers making after RBA interest rate cuts 'It's effectively, one click, select authenticate and done,' Wegner said. Once CBA customers with debit and credit cards are enrolled into the system, the bank will authenticate transactions within the CBA app. In the interim, customers will be able to authenticate transactions through a one-time code via SMS or email to complete the purchase. Under the system, your card is 'tokenised', meaning it will produce a unique token each time you pay. Wegner said 90 per cent of customers used their CommBank cards for online shopping and the move will help protect customers from fraud threats.'Our transaction data shows that card fraud rates are six times less when transactions use authenticated tokens like Click to Pay, rather than entering those details manually,' she said. 'This is something we think is both easier for our customers as well as something that will keep them a lot safer online, and protect them from fraud.' Wegner said the other benefit was cutting down the time it takes to complete transactions, something customer Magdalena Zajac said would be beneficial for her. The 42-year-old is passionate about going to concerts but has missed out on in-demand tickets in the past because it's taken her too long to input her payment and other details. 'A lot of international acts that come to Australia, they are in high demand and getting tickets is quite tricky and obviously we don't want to miss out,' she told Yahoo Finance. Wegner also confirmed the bank was looking to move to numberless debit and credit cards in the future, something Mastercard has argued would help reduce fraud. AMP became one of the first to introduce numberless cards in February for its small business and everyday banking customers. Richard Wormald, Mastercard's Australasia division president, told Yahoo Finance numberless cards meant customers would no longer need to get their card out and put their number in, but would instead go to their banking app. 'In their banking app, they can create a new card number that's actually a token behind the scenes,' he said. 'The consumer can then set it up with controls so they could say that it's only allowed to be used at this retailer, or only for the next two weeks, or only for my holiday in Japan when I'm snowboarding… then it gets deleted. 'So if the retailer gets hacked with that single-use card, it's useless. The bad actors that steal card data, they're like businesses, so they look for a return, and if they're stealing data and it's not useful, there's no value to it, they'll stop doing it.' Wormwald has said he expects Commonwealth Bank and Westpac could issue cards without numbers in the next year or two. However, a Westpac spokesperson said the bank was "yet to make a decision" on the move. Visa, which works with NAB and ANZ, also has the technology to issue numberless cards. NAB has said it is still working with the card company to see how it could roll out the development as seamlessly as possible, while ANZ said it was always looking for opportunities to protect customers against scams and fraud. More than two million Australians experienced card fraud in the 2023-24 financial year, the latest Australian Bureau of Statistics data found. The total amount lost was $2.1 billion. Click to Pay will be rolled out to all CBA debit and credit card customers from August, but customers can still pay by inputting their details as usual if they lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données
Arabian Business
02-07-2025
- Business
- Arabian Business
Dubai Summer Surprises drives 25 per cent surge in UAE digital spending
Digital commerce in the UAE saw a significant boost during Dubai Summer Surprises (DSS) 2024, with new data from revealing a 25 per cent year-on-year increase in daily digital transactions and a 16 per cent rise in average transaction values. The momentum shows no signs of slowing, with expectations high for record-breaking growth during DSS 2025. own UAE processing volumes soared 44 per cent during DSS 2024, highlighting the growing trust in digital payments during high-spend seasons and the shift to online-first lifestyles. What UAE shoppers spent on during Dubai Summer Surprises 2024 Interior furnishings: Big rise in home upgrades Leisure and recreation: Increased family activities during school holidays Toys and sporting goods: Parents spent more to keep kids active indoors Education: Spikes in school tuition and back-to-school shopping Automotive: Summer promotions drove higher car-related spending These patterns align with State of Digital Commerce in MENA 2025 report, which found that: 62 per cent of UAE consumers plan to increase their online shopping in 2025 44 per cent browse in-store but buy online for better deals Remo Giovanni Abbondandolo, General Manager for MENA at said: 'Dubai Summer Surprises continues to act as a key catalyst for digital commerce in the region. From household upgrades to family recreation and back-to-school prep, the data shows UAE consumers turning to digital channels to meet both everyday needs and high-value purchases. 'With the growth we've seen year over year, we expect 2025 to break even more records.' The findings reinforce DSS as a vital seasonal trigger for UAE retailers, especially as consumer behaviour shifts toward fast, seamless, and trusted digital experiences.
Yahoo
16-06-2025
- Yahoo
Hackers are sneaking malware into your browser using Google's link, and antivirus software can't stop it
When you buy through links on our articles, Future and its syndication partners may earn a commission. Attackers use real Google URLs to sneak malware past antivirus and into your browser undetected This malware only activates during checkout, making it a silent threat to online payments The script opens a WebSocket connection for live control, completely invisible to the average user A new browser-based malware campaign has surfaced, demonstrating how attackers are now exploiting trusted domains like to bypass traditional antivirus defenses. A report from security researchers at c/side, this method is subtle, conditionally triggered, and difficult for both users and conventional security software to detect. It appears to originate from a legitimate OAuth-related URL, but covertly executes a malicious payload with full access to the user's browser session. The attack begins with a script embedded in a compromised Magento-based ecommerce site which references a seemingly harmless Google OAuth logout URL: However, this URL includes a manipulated callback parameter, which decodes and runs an obfuscated JavaScript payload using eval(atob(...)). The use of Google's domain is central to the deception - because the script loads from a trusted source, most content security policies (CSPs) and DNS filters allow it through without question. This script only activates under specific conditions. If the browser appears automated or the URL includes the word 'checkout,' it silently opens a WebSocket connection to a malicious server. This means it can tailor malicious behavior to user actions. Any payload sent through this channel is base64-encoded, decoded, and executed dynamically using JavaScript's Function constructor. The attacker can remotely run code in the browser in real time with this setup. One of the primary factors influencing this attack's efficacy is its ability to evade many of the best antivirus programs currently on the market. The script's logic is heavily obfuscated and only activates under certain conditions, making it unlikely to be detected by even the best Android antivirus apps and static malware scanners. They will not inspect, flag, or block JavaScript payloads delivered through seemingly legitimate OAuth flows. DNS-based filters or firewall rules also offer limited protection, since the initial request is to Google's legitimate domain. In the enterprise environment, even some of the best endpoint protection tools may struggle to detect this activity if they rely heavily on domain reputation or fail to inspect dynamic script execution within browsers. While advanced users and cybersecurity teams may use content inspection proxies or behavioral analysis tools to identify anomalies like these, average users are still vulnerable. Limiting third-party scripts, separating browser sessions used for financial transactions, and remaining vigilant about unexpected site behaviors could all help reduce risk in the short term. These are the best VPNs with antivirus you can use right now Take a look at our pick of the best internet security suites HP unveils the future of super-HD video meetings, but it comes at a huge price
Yahoo
14-06-2025
- Business
- Yahoo
Visa (NYSE:V) Expands Payment Security With Worldpay and Launches Innovative Tap to Pay Gift Card
Visa recently announced a partnership with Worldpay to enhance online transaction security through 3D Secure, and Blackhawk Network launched a secure Tap to Pay Visa Gift Card, bolstering Visa's innovation in secure payment solutions. These developments may have augmented investor confidence, evidenced by Visa's 11% share price increase last quarter, potentially bolstered by favorable market conditions and broader U.S. index gains. Additionally, Visa's financial performance, including increased sales and a $30 billion share buyback program, contributed to this positive sentiment, aligning with a general market uptrend reflecting benign inflation and progress in China-US trade talks. Buy, Hold or Sell Visa? View our complete analysis and fair value estimate and you decide. AI is about to change healthcare. These 22 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. Visa's recent partnership with Worldpay and the launch of the Tap to Pay Visa Gift Card reflects its ongoing efforts to bolster online transaction security and foster innovation in payment solutions. These initiatives could positively influence Visa's long-term growth narrative by enhancing user engagement, expanding transaction volumes, and ultimately supporting revenue growth. Additionally, Visa's focus on security measures could further entrench its market position, crucial for its strategic geographical expansions. Over the last five years, Visa's total return, including share price and dividends, achieved a substantial 99.15% increase, showcasing strong performance. Comparatively, over the past year, Visa's return outpaced the US Diversified Financial industry, recording gains above the industry's 23.3% return. This indicates robust market positioning and a favorable reception among investors. Visa's current and forecasted financial performance reveals a promising trajectory, with revenue and earnings anticipated to grow as the company capitalizes on stablecoin innovations and value-added services. However, the analyst consensus price target of US$374.25 suggests only a modest increase from the current share price of US$347.7, indicating that Visa's market valuation aligns closely with analysts' expectations of future performance. Consequently, investors should consider both the potential for future growth and existing valuation when assessing Visa's investment prospects. Evaluate Visa's prospects by accessing our earnings growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:V. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
