Transactions Archives - Page 114 of 198 - PaymentExpert.com

Mesh introduces ‘Plug & Pay’ card for seamless transactions Payment management firm Mesh, has announced the ‘Plug & Pay’ VISA numberless payment card, designed to tie together virtual and physical cards. The new innovation is a handheld business card that uses Mesh’s virtual card technology and seeks to link customers' accounts online and in retail. The card was created in collaboration with VISA aimed to deliver more control, flexibility and security for businesses. Mesh also emphasises its aim on spend management by making the ‘Plug & Pay’ card. More critically, the card reduces security risks due to no numbers appearing on the card. This stops thieves and fraudsters from obtaining information on the card and if the card were to be compromised, the finance manager of the company can link a new virtual code to the card to be re-used in one seamless and efficient way. “We designed Plug & Pay to address the needs of finance teams who spend valuable time worrying about abuse and fraud on corporate cards,” states Oded Zehavi, CEO of Mesh Payments. “As we see further consumerization of the enterprise, more and more small and medium enterprises are embracing new technologies and experiences. With the Plug & Pay Visa card, businesses can enjoy the security a numberless physical card provides, while still benefiting from the enhanced experience of virtual cards and our spend management platform. “Working with Visa to bring this solution to the market has been incredibly rewarding, and we are proud to help deliver innovative solutions alongside them.” The card will also hope to introduce less friction within the finance department of businesses. Finance teams will have full control over the numberless card and has the right to disable, change the pin code or swap the virtual card. Veronica Fernandez, SVP North America Head at Visa Business Solutions, commented on the partnership with Mesh: “Our collaboration with Mesh on the Plug & Pay Visa card is a part of our efforts to help bring these innovations to the fast-growing market of small and medium enterprises. “The way businesses manage their spend is evolving rapidly due to new innovations and technological solutions. “We want to help our clients adapt to these changes and better serve them by enabling the enhanced experiences new technologies can provide.”

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Mesh introduces ‘Plug & Pay’ card for seamless transactions

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Flutter highlights focus on sustainability as UK economy evolves

New British support bank, GB Bank, has partnered with TruNarrative to boost customer onboarding and improve transactional risk compliance on its app.

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GB Bank integrates TruNarrative’s customer onboarding technology

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Billtrust acquires software provider Order2Cash

Apple has become the latest corporation to cease its operations in the Russia, confirming that its Apple Pay financial product will no longer be available in the country.

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Apple Pay halted in Russia as sanctions increase

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PollenPay’s official launch diversifies growing BNPL sector

Plum gets backing from 5,550 investors for UK and EU push

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Skipify continues growth with a multitude of investors

Free-to-play platform Play Globally has partnered up with multi-sided health platform Bearn, to incentivise a rewards-based program for the former’s customers.

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Play Globally incentivises rewards in partnership with Bearn

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RBR: Global contactless card payments to reach 500 billion in 2026

February 28, 2022

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IDEX Biometrics combines with IDEMIA and Rocker for Sweden’s first biometric payments card

February 28, 2022

Salesforce app FinDock has partnered with payment solutions platform GoCardless to offer alternative new methods of payments.

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FinDock set to integrate GoCardless payment processor technology

February 28, 2022

Flag of Australia.

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Douugh and TrueLayer to ‘increase’ open banking access for AUS

February 28, 2022

Lloyds bank is drawing out plans for a three year, £1 billion make over of its technology on its digital sites.

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Lloyds draws out plans to overhaul technology on digital sites

February 25, 2022

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PayNearMe: Paying bills should be made easier for US consumers

February 25, 2022

Fintech firm Airwallex has introduced its new U.S Airwallex borderless card, a virtual card which enables U.S businesses to make digital payments across the globe.

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Airwallex eliminates pain points for businesses with new virtual borderless cards

February 24, 2022

TSB Bank has revamped its onboarding process for customers by integrating Onfido’s face identification technology to help reduce customer friction.

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TSB revamps its onboarding journey to reduce customer friction

February 24, 2022

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BetVictor to pay a total of £2m following AML shortcomings

February 24, 2022

Crypto finance and mobile banking firm Hi has linked up with Contis for the launch of a crypto debit card that allows consumers to use their digital assets.

Cryptocurrencies

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Hi collaborates with Contis on crypto debit card

February 24, 2022

American finance company SoFi has acquired digital banking platform Technisys in a deal worth up to $1.1 billion.

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SoFi agrees deal to buy Technisys for $1.1 billion

February 24, 2022

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OKTO grows Romanian presence with Get’s Bet partnership

February 23, 2022

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Fintech has become ‘an omnipresent and essential component of business’

February 23, 2022

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PAX Technology adds Android PayTablet to device portfolio

February 23, 2022

Klarna is launching its rewards program and pay now option to customers in the UK, allowing customers to buy now on Klarna products and in return, receive user points for their instant purchase.

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Rewards and Pay Now introduced by Klarna in UK

February 22, 2022

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