Payment Gateways stories
Crucial to the operation of everything from Amazon.com and every other ecommerce site, right down to
your local dairy, a Payment gateway is a service authorizing payments between buyers and sellers. In
some cases, the Payment Gateway brokers the transaction between a card holder’s financial services
provider (by reading their card information) and the seller of goods (the merchant), facilitating the
transfer of customer information to allow for processing a payment. For online services, cards are not
required, though the numbers often are. Payment Gateways are available from a wide variety of
providers, prominent among them Google Wallet, PayPal, Apple Pay and Amazon Pay.
How payment service providers and merchants can enhance the eCommerce payment experience
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As eCommerce expands towards an estimated market value of USD $9.3 trillion by 2027, combining network tokenisation and Click to Pay can help merchants enhance security and convenience, reducing cart abandonment and boosting customer loyalty.
Juniper Networks unveils Ops4AI lab to boost AI workloads
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Juniper Networks unveils Ops4AI, the first multivendor lab to enhance AI workload performance, collaborating with Nvidia, Broadcom, Intel, and WEKA.
Most Australians targeted by online scams, study reveals
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New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
Weel promotes Damon Hauenstein to dual CFO & COO roles
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Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.
97% of Australians targeted by digital scams, says PayPal report
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A PayPal study reveals 97% of Australians have faced online scam attempts, with most turning to millennials for tech safety support.
Ecommpay introduces PayPal subscription feature for merchants
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Ecommpay launches a new feature allowing merchants to collect recurring PayPal payments, enhancing subscription-based business models like meal kits and pay TV.
Research reveals Kiwi travellers' outdated security methods
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As Kiwis head abroad for warmer weather and events like the Olympics, Mastercard research urges a modern approach to travel security.
HSBC & Visa unveil Zing money app for global transactions
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HSBC and Visa launch Zing, a money app enabling users to manage multi-currency funds and transact globally in over 200 countries, leveraging cutting-edge fintech.
Heymax.ai raises USD $2.6 million to fuel APAC market expansion
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Heymax.ai has secured USD $2.6 million in seed funding led by January Capital, aiming to expand its loyalty platform across the APAC region.
Pismo's upgraded system supporting 3,000 TPS per account
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Pismo has upgraded its authorisations engine, boosting capacity to over 3,000 TPS per customer account, to enhance scalability and efficiency.
BigCommerce partners with Ecommpay to enhance payment solutions
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Ecommpay partners with BigCommerce to deliver advanced payment solutions across the UK and EMEA, minimising costs and boosting efficiency for merchants.
Australians favour digital apps for overseas remittances
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Visa’s new report reveals that 67% of Australians prefer digital apps for overseas remittances, driven by occasions, unexpected needs, and humanitarian aid.
Open Banking in Australia sees rapid growth in consumer adoption
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The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.
Swinburne & Sphere join forces for eco-friendly fintech solution
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Melbourne's Swinburne University has partnered with eco-fintech Sphere to use AI in analysing card payments, guiding personal climate action and CO2 offsetting.
Sir Robert McAlpine named cyber resilience ambassador
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Construction firm Sir Robert McAlpine has been appointed as a National Ambassador for the National Cyber Resilience Centre Group.
UK marketers eye AI to tackle experimentation challenges
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Nearly nine in ten UK marketers think experimentation is key for 2024, yet 20% find their current methods ineffective, reveals Optimizely's new report.
Global banking fraud to hit USD $48bn by 2029, says study
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Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.
Accor partners with Stripe to streamline global payments
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Accor partners with Stripe to streamline payments across 5,600 global establishments, enhancing customer experience as Australia's tourism sector rebounds.
Australians shift EOFY shopping focus to online deals & security
Fri, 31st May 2024
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Research shows 38% of Australians plan to join EOFY sales, with 42% shopping online. The shift from tax-deductibles to electronics, and household items marks a new trend.
Ivalua & Visa team up to unlock GBP £400 billion liquidity
Fri, 31st May 2024
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Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.