Corporate customers of US Bank can now send a digital corporate card directly to an employee, contractor, volunteer or customer’s mobile phone, enabling them to instantly begin charging online and in-store purchases to the company — subject to a strict spending limit and expiration date... More
Archive for July 2020
Nedbank to roll out support for contactless payments on standard NFC smartphones
South Africa’s Nedbank has become the first bank in Africa to enable merchants to accept contactless payments on standard NFC phones... More
NatWest lets online merchants accept instant payments from shoppers’ bank accounts
The UK’s NatWest bank has launched Payit, an online payments service that uses open banking to make it possible for merchants to accept payments directly from consumers’ bank accounts... More
European banks to create cross-border instant payments system
Sixteen major European banks have announced plans to jointly create a new company that will be tasked with delivering “a seamless, competitive and unified payment solution” for in-store, online and P2P payments across Europe... More
7-Eleven lets drivers pay at the pump with their voice
7-Eleven is running a pilot of a new mobile payments service that includes an option for iPhone owners to use Siri to pay for their fuel from their vehicle using only their voice... More