Visa and Skipify partnered to streamline consumers’ checkout experience with Skipify’s next-generation digital wallet. The collaboration will enable Skipify customers in a growing number of global markets to link Visa Click to Pay cards with their Skipify Connected Wallet, the companies said in a Thursday (April 4) press release. When this direct connection is enabled, Skipify’s identity-powered wallet will recognize the …
Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress. But bit by bit and app by app, cross-border, cross-network and cross-wallet compatibility is being forged. This week, PayPal and Venmo began offering Visa’s peer-to-peer (P2P) payment system, Visa+. The announcement …
Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the company said in a Monday (April 1) news release as it announced the expansion of its P2P and business-to-consumer (B2C) payouts offerings. Additionally, Astra, Brightwell, Cross River Bank and Fiserv plan …
Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108 digital wallet types and bank accounts throughout countries that include Kenya, the Philippines, Indonesia and Pakistan. Thunes will also implement Visa Direct’s push-to-card capability, to allow …
First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with transactions and whether consumers are initiating fraudulent disputes. Picture, then, the cardholder who challenges a legitimate charge on their account. Mastercard noted in an online posting Monday (March 18th) that the …
China has pledged to make it easier for foreigners to use payment apps and to reduce barriers for the private sector as part of its latest efforts to restore investor confidence. On Friday state news agency Xinhua reported that the State Council, China’s cabinet, had approved unspecified measures to make it easier for foreigners and …
Ant Group, an affiliate of e-commerce giant Alibaba Group Holding, is boosting its operations throughout Asia, as the Chinese fintech major seeks to capitalise on the country’s visa-free policy and an anticipated Lunar New Year travel boom. Ant recently expanded the availability of Alipay+, its cross-border mobile payment service, across Asia and in parts of …