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Revolut Rivals Square, SumUp with New Terminal

Revolut Rivals Square, SumUp with New Terminal

Hey Payments Fanatic! Revolut is ramping up its competition against Square and SumUp with the launch of a new payment terminal designed for larger businesses and retailers. The London-based banking firm will debut the device, known as Revolut Terminal, in the UK and Ireland just in time for the busy

Citi and Mastercard Join Forces on Cross-Border Debit Payments

Citi and Mastercard Join Forces on Cross-Border Debit Payments

Hey Payments Fanatic! Big news in the world of payments! Citi and Mastercard are teaming up to simplify cross-border debit card payments, making it easier than ever for consumers and businesses to send money worldwide, 24/7. Citi is the first global bank to roll out Mastercard's Move

Bizum Is Introducing Bizum Pay to Rival Apple Pay and Google Pay

Bizum Is Introducing Bizum Pay to Rival Apple Pay and Google Pay

Hey Payments Fanatic! Bizum is stepping up to the plate, ready to take on Apple Pay and Google Pay with its very own NFC payment system, aptly named Bizum Pay. You can send money instantly to a contact using Bizum without fees. Bizum is already a go-to option for in-store

UK Banks to Hold Suspicious Payments for 72 Hours

UK Banks to Hold Suspicious Payments for 72 Hours

Hey Payment Fanatic! The UK Government just introduced legislation that lets banks put a three-day hold on suspicious payments. With fraud losses hitting a staggering £460 million last year, this move aims to give banks more time to investigate potential scams before they wreak havoc on innocent people’s finances.

Zepz Secures $267M in Funding Backed by Accel, TCV, and World Bank

Zepz Secures $267M in Funding Backed by Accel, TCV, and World Bank

Hey Payment Fanatic! Zepz, formerly WorldRemit, has just raised a cool $267 million from big names like Accel, TCV, and Leapfrog to fuel its growth in Africa and beyond. The World Bank’s IFC also pledged $20 million to the mix. Though Zepz didn’t reveal its latest valuation, it

Kustom.co Launches as Independent from Klarna Checkout

Kustom.co Launches as Independent from Klarna Checkout

Hey Payment Fanatic! Kustom.co, formerly known as Klarna Checkout, embarks on its next chapter as an independent company. With a renewed focus on being a merchant-first checkout solution, Kustom is setting out to help e-commerce businesses boost conversion rates and offer a highly customized checkout experience tailored to their

Venmo to Launch Scheduled Payments Feature

Venmo to Launch Scheduled Payments Feature

Hey Payment Fanatic! Venmo is gearing up to make managing your recurring payments even easier. According to recent reports, users will soon be able to schedule payments and requests directly within the app on a weekly, monthly, or bi-monthly basis. Whether splitting rent with roommates or setting reminders for recurring