Latest news with #paymentgateway
Yahoo
14-07-2025
- Business
- Yahoo
Alchemy Pay secures money transmitter licence in South Carolina, US
Alchemy Pay, a company that provides a fiat-crypto payment gateway, has secured a money transmitter licence (MTL) in the US state of South Carolina. This licence allows the company to offer money transmission, issuing stored value instruments, and currency exchange operations. The MTL has been issued by the South Carolina Attorney General's office in accordance with the South Carolina Anti-Money Laundering Act. With South Carolina now on board, Alchemy Pay holds similar licences in a total of ten US states. The company is preparing to introduce a platform that will provide access to tokenised stocks and ETFs, in collaboration with Backed and xStocks, expected to launch in August. Additionally, Alchemy Pay has been focusing on regulatory compliance on a global scale. The company has secured an authorised payment institution licence in the UK and is registered as a digital currency exchange provider with AUSTRAC in Australia. In Switzerland, it has joined the VQF, an SRO recognised by the Swiss Financial Market Supervisory Authority (FINMA) and holds an MSB registration in Canada and is formally registered to provide electronic financial services in South Korea. Alchemy Pay is pursuing compliance with the European Union's Markets in Crypto-Assets (MiCA) framework and is seeking relevant licences in Hong Kong. In May, Alchemy Pay integrated PayID in its network to provide fiat-to-crypto exchange services in Australia, simplifying AUD to cryptocurrency conversion. PayID is a real-time interbank payment service that facilitates domestic transactions in Australia. "Alchemy Pay secures money transmitter licence in South Carolina, US " 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. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Zawya
26-06-2025
- Business
- Zawya
Contact, noon team up to strengthen Egypt's digital payment ecosystem
Arab Finance: Contact Financial Holding has joined forces with noon Payments, the integrated online payment gateway powered by noon, to enhance Egypt's digital payment ecosystem, according to a press release. The partnership aims to expand access to seamless, innovative, and customer-centric financial solutions across the market. It comes as a part of the two companies' strategy to offer flexible and secure payment services, revolutionize financial accessibility, and enhance both merchants' and customers' experience. This will be implemented through Contact's AI-powered digital application, ContactNow, and its leading payment solutions provider, Contact Pay. Noon Payments' merchants will access Contact's financing solutions, including the buy now, pay later (BNPL) service, to simplify the purchasing process and provide multiple payment options. Beyond BNPL, noon Payments is now integrated as a digital payment gateway within ContactNow app, allowing Contact customers to pay installments, bills, and subscriptions using a wide range of secure digital payment methods. On the other hand, noon Payments will offer Contact's payment services as a method for their merchants to integrate into their checkout systems, which will secure more flexibility and a wider variety of payment options for their customers. Ahmed Abdel Hakim, Managing Director of Contact Pay, commented: 'We see this as a major step forward in reshaping the digital payments landscape in Egypt by delivering seamless, secure, and customer-centric payment solutions that align with modern consumer expectations.' Meanwhile, Ahmed El Moselhy – Business Director at Contact Now, said: 'By integrating BNPL services into the noon platform, we're not only simplifying the customer financing and shopping experience and helping them manage spending without upfront costs, we're also contributing to a smarter, more resilient e-commerce ecosystem that aligns with evolving customer needs and supports sustainable digital growth.' For his part, Moustafa Maher, Country Manager of noon Payments Egypt, highlighted: 'This collaboration is designed to deliver a smooth and efficient experience for businesses and consumers in Egypt, while also contributing to the development of the local economy.' © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
29-05-2025
- Business
- Zawya
HyperPay unveils ‘HyperTap' at Seamless Middle East 2025
Dubai, UAE - HyperPay, the leading payment gateway provider in MENA, launched 'HyperTap' – a new service designed to enhance user experience and transaction security for small business owners, mobile-first users, and tech-savvy professionals – during the company's participation in Seamless Middle East 2025 in Dubai. This launch supports HyperPay's expansion strategy in the Middle East, including plans to enter new markets such as Bahrain, Egypt, and Qatar. HyperPay's participation in Seamless Middle East 2025 in Dubai allowed the company to showcase its cutting-edge digital payment technologies and connect with key players in the fintech sector. The company has further expanded its product range by launching HyperTap, an advanced payment system that transforms customers' smartphones into contactless point-of-sale terminals. HyperPay employs 3D Secure protocols to reduce the risk of fraud and verify the identity of cardholders in real-time, making the checkout process safer for both customers and merchants. The system also supports both browser-based and app-based 3D Secure authentication, ensuring optimal performance across mobile and web platforms. With its advanced NFC technology, HyperTap guarantees quick, secure transactions while protecting customers' data. Muhannad Ebwini, Founder and CEO of HyperPay, stated, 'By taking part in Seamless Middle East 2025, we were able to showcase our advanced fintech offerings and gain insight into the latest developments propelling the sector forward. With the launch of HyperTap, we have taken the step to secure and simplify contactless payment solutions for small businesses and mobile-centric services further. HyperTap's integration capabilities include COPYandPAY, which requires minimal effort from merchants, and Server-to-Server connections that adhere to EMVCo guidelines to ensure 3D Secure compatibility. As a result, the self-service app can be easily configured and allows users to accept payments instantly without upfront hardware costs, making it ideal for small and medium-sized businesses.' The latest edition of Seamless Middle East gathered over 25,000 attendees, over 750 exhibitors, and over 500 speakers. The event, held from May 20 to 22, 2025, at the Dubai World Trade Centre, provided attendees with the chance to connect with buyers, leading payment providers, fintech and banking firms, and eCommerce and retail representatives. As an influential forum, Seamless Middle East will continue offering insights into key trends and topics advancing the digital commerce industry. For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:
