eCommerceNews Asia - Technology news for digital commerce decision-makers

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.
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Backbase unveils Intelligence Fabric to boost banking with AI
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Backbase unveils Intelligence Fabric, a major upgrade to its Engagement Banking Platform, integrating AI and data capabilities to enhance customer service and sales operations.
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Stripe introduces Adaptive Pricing to aid international sales
Wed, 14th Aug 2024
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payment technologies
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Stripe's new Adaptive Pricing allows businesses in the Asia Pacific region to display prices in local currencies, aiming to boost international sales and resolve cross-border transaction issues.
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How payment service providers and merchants can enhance the eCommerce payment experience
Fri, 19th Jul 2024
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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.
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Juniper Networks unveils Ops4AI lab to boost AI workloads
Thu, 18th Jul 2024
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Juniper Networks unveils Ops4AI, the first multivendor lab to enhance AI workload performance, collaborating with Nvidia, Broadcom, Intel, and WEKA.
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Most Australians targeted by online scams, study reveals
Thu, 18th Jul 2024
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email security
New research by PayPal shows a staggering 97% of Australians have been targeted by scammers, with 86% proactively helping others to stay safe online.
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Weel promotes Damon Hauenstein to dual CFO & COO roles
Wed, 17th Jul 2024
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payment technologies
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.
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97% of Australians targeted by digital scams, says PayPal report
Tue, 16th Jul 2024
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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.
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Ecommpay introduces PayPal subscription feature for merchants
Thu, 11th Jul 2024
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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.
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Research reveals Kiwi travellers' outdated security methods
Thu, 11th Jul 2024
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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.
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HSBC & Visa unveil Zing money app for global transactions
Wed, 10th Jul 2024
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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.
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Heymax.ai raises USD $2.6 million to fuel APAC market expansion
Wed, 10th Jul 2024
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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.
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Pismo's upgraded system supporting 3,000 TPS per account
Thu, 27th Jun 2024
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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.
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BigCommerce partners with Ecommpay to enhance payment solutions
Wed, 26th Jun 2024
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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.
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Australians favour digital apps for overseas remittances
Wed, 26th Jun 2024
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payment technologies
Visa’s new report reveals that 67% of Australians prefer digital apps for overseas remittances, driven by occasions, unexpected needs, and humanitarian aid.
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Open Banking in Australia sees rapid growth in consumer adoption
Tue, 25th Jun 2024
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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.
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Swinburne & Sphere join forces for eco-friendly fintech solution
Mon, 24th Jun 2024
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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.
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Sir Robert McAlpine named cyber resilience ambassador
Fri, 21st Jun 2024
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advanced persistent threat protection
Construction firm Sir Robert McAlpine has been appointed as a National Ambassador for the National Cyber Resilience Centre Group.
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UK marketers eye AI to tackle experimentation challenges
Wed, 19th Jun 2024
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martech
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cartech
Nearly nine in ten UK marketers think experimentation is key for 2024, yet 20% find their current methods ineffective, reveals Optimizely's new report.
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Global banking fraud to hit USD $48bn by 2029, says study
Mon, 17th Jun 2024
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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.
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Accor partners with Stripe to streamline global payments
Fri, 14th Jun 2024
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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.