Search results
Results from the Go Local Guru Content Network
In 2003 Ogone was Europe's first payment service provider to develop, integrate and certify a "3-D secure MPI module" (Merchant Plugin Interface), enabling remote payment. In May 2010 the company received an undisclosed majority investment from US-based growth equity firm Summit Partners . [ 16 ]
Alipay is conceptually similar to Apple Pay, WeChat Pay and PayPal because it overlays traditional card payment methods. Although users receive immediate notification of the transaction, the main difference among Alipay and an instant payment system, like Venmo or Zelle is that the funds transfer between counterparties is not immediate. [ 78 ]
The cloud based approach places the mobile payment provider in the middle of the transaction, which involves two separate steps. First, a cloud-linked payment method is selected and payment is authorized via NFC or an alternative method. During this step, the payment provider automatically covers the cost of the purchase with issuer linked funds.
In February 2020, 7-Eleven and GCash, the mobile wallet of Alipay and Globe, have teamed up for the introduction of a new payment option for physical purchases: scan-to-pay (STP) via a barcode feature in the GCash app. This enables the customers to generate their unique barcodes through the GCash app and allow the cashier to scan their barcodes ...
The payments were charged to their mobile phone bills by the mobile operator. The company was acquired by eBay in 2011 and disappeared in 2015. Zong payments were only accepted by online games and social networks, and the service can be used to purchase virtual goods[].
Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. [8] In June 2021, the company was named to the Fortune 500. [9]
Healthcare providers from across the sector were also in attendance and voiced their concerns about the ongoing financial and operational impacts of the Change cyberattack. [56] [57] As of April 16, 2024, UnitedHealth Group had advanced payments of over $6 billion in assistance to health care providers affected by the cybersecurity attack. [58]
Pix is an instant payment platform created and managed by the monetary authority of Brazil, the Central Bank of Brazil (BCB), [1] which enables the quick execution of payments and transfers. [2] Pix was announced in the summer of 2019, [ 3 ] and was fully operational on November 16, 2020. [ 1 ]