Brazilian e-wallet Pix defends European ambitions
The Central Bank of Brazil (BCB) introduced its instant payment system called Pix in November 2020. Already in 2021, it presented the good result...
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Copenhagen: towards Sustainable Tourism with the CopenPay Initiative
Copenhagen has launched the CopenPay initiative to encourage tourists to adopt eco-friendly behaviors in exchange for rewards such as free meals ...
UPI expands its acceptance in French retail
UPI, the Indian instant payment system, is rolling out in French retail. Galeries Lafayette has announced that the solution is now available in i...
Payment Observatory May 2024
Highlights of the month
Worldline and Visa launch virtual card solution for online travel agencies
Worldline has teamed up with Visa to create a virtual card solution for online travel agencies (OTAs). The OTA market is growing rapidly. This pa...
Crédit Agricole invests in regional development
Crédit Agricole has announced the acquisition of a minority stake in Bordeaux-based start-up CibleR. The two companies are also becoming p...
Banca Intesa Sanpaolo launches CresciBusiness initiative to support SMEs
Supported by trade associations from the craft, commerce, services and tourism sectors, "CresciBusiness" is a €5 billion plan to s...
The Chèques-Vacances give in to the fashion for split payments
The French National Chèques-Vacances Agency (ANCV) has teamed up with French FinTech and fragmented payment solutions specialist Pledg. Th...
Fly Now Pay Later, or the adaptation of BNPL to the travel market
A recent fundraising round has highlighted a growing trend in the adaptation of split and deferred payment solutions to the travel market. The ap...
Paying for travel insurance in crypto-currency
Crypto-currencies are becoming increasingly important in the financial markets but their democratisation among the general public is still in pro...
Adyen presents its own all-in-one payment solution
Competition is intensifying in the payment acceptance market. Indeed, a new player, and not the least, will offer its all-in-one payment solution...
A new funding round brings DeFi to Maps.me
FACTS Maps.me is a popular offline mapping application worldwide. With 140 million users, it now wants to add financial functionali...
Vivid Money Launches Non-Financial Services Marketplace
FACTS FinTech Vivid Money was launched in France last fall. It now presents Vivid Services, a marketplace where it immediately brings in...
PayPal and Synchrony Team Upon Building a Payment Card for Venmo
FACTS PayPal and Synchrony –company specialising in customised financing programmes for different industries– recently announced they are f...
Lloyd’s Insurance Service for Unforeseeable Risks
FACTS The British banking group Lloyd’s unveils an insurance offer for hospitality industry specialists.
New Affinity Partnership for Moonshot
FACTS Moonshot-Internet, InsurTech by Société Générale, teams up with PayinTech, FinTech focusing on cashless payments.
REX: Merchants Increasingly Convinced by Silkpay
FACTS The Paris-based start-up Silkpay was launched in July 2017 and features mobile payment services relying on Alipay and WeChat Pay.
Malaysia Airlines Adds a Chatbot-Based Payment Service
Malaysia Airlines launches a Facebook Messenger-based chatbot in an attempt to investigate AI and bots capabilities applied to their customer rel...
Brits Want Flexible Options When Booking a Holiday
In the UK, a study released by Klarna deals with travelling costs and the anxiety it causes among British people who would have to cut back on ov...
Payment Bracelet: PayinTech Raises €4.5 Million
The Paris-based FinTech PayinTech –which focuses on proposing digital payment solutions for tourists visiting France– just raised 4.5 million eur...
