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Tag: instant payments

CMA clarifies definition of Variable Recurring Payments for Sweeping

In July 2021, the CMA mandated the use of variable recurring payments (VRPs) as the mechanism for implementing sweeping under item A10 of the...

Interview: RS2 a single platform enabling global commerce

Headquartered in Europe, RS2 have launched a new service as a global full-service payment provider. RS2 a single platform enabling global commerce We spoke to Radi...

Merchants see substantial losses from unoptimised payments strategies

A survey of Senior Payments Professionals has found that merchants across a range of industries are seeing substantial losses as a result of unoptimised...

Hopscotch Raises Another $6.1M to Make B2B Payments for Small Businesses Seamless and Free

Consumer applications like Venmo, Cash, and Zelle have revolutionized person-to-person instant payments. Businesses have not had the same functionality and the business-to-business payment space has long been reliant on charging significant transaction fees and tying up cash flow with long waits until funds are available. This is especially onerous for small businesses, freelancers, and startups that operate on tight margins. Hopscotch is a B2B payments platform that offers instant payments without any fees. Similar to the consumer apps, users can collect and receive payments from clients and vendors, whether they have Hopscotch accounts or not. The company just launched its payment product this week in private beta and plans to expand its offering to holistically service the needs of small businesses. AlleyWatch caught up with Hopscotch CEO and Cofounder Reed Switzer to learn more about how the business is catering to the needs of a digitally savvy generation, the company's strategic plans, and latest round of funding from investors that include Shine Capital, Stellation Capital, NOEMIS Ventures, 3KVC, Valar Ventures, and Red & Blue Ventures.

Al Fardan Exchange and Thunes partner for instant payments to 87 countries

Al Fardan Exchange customers can make payments to 87 countries in Europe, Africa, APAC and LatAm.

Aussie SME financial management platform Thriday set to launch in beta

Thriday was set up to tackle “the poor quality of financial management solutions offered to small businesses”.

Cross River fuels fintech PayTile for P2P geolocational payments

Cross River Bank is leveraging digital payments platform PayTile’s banking-as-a-service (BaaS) offering to power the fintech’s peer-to-peer (P2P) geolocational services. PayTile, which counts Plaid among its existing integrations, facilitates digital payments based on geographic proximity, giving users the ability to send and receive instant payments without exposing personal information. The company equates the process with […]

Litecoin v Bitcoin Cash – As bulls return to the market, these two are worthy buys

Key Points : Litecoin and Bitcoin cash are two old-school cryptos.  Both are heavily…

The post Litecoin v Bitcoin Cash – As bulls return to the market, these two are worthy buys appeared first on Coin Journal.

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