PayTech

Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.

Toronto-founded SnapPay, the provider of international payment solutions, is now offering small and independent businesses the opportunity to implement the Chinese payment applications Alipay and WeChat Pay.

Canadian startup Mobeewave is entering a new segment of the payments market after already creating a secure payments platform and customizable payment apps.

BharatPe, a QR code-based payment app for offline retailers and businesses, has reportedly raised $50m in funding.

CardX, which builds technology solutions for credit card surcharging, has raised an additional $2m in growth financing.

OP Bank and Telia have trialled their new facial recognition payment service with an ice cream van.

German online bank N26 has jumped across the pond and is now open for US registrations.

Zurich-based Numbrs has completed a $40m investment round and hit a $1bn valuation in the process.

By incorporating the Zelle banking app, Bank of America has already seen 163 million peer-to-peer (P2) client transactions in 2019. In 2018, 157 transactions were registered.

If India wants to revive its economy, then it should make it easier to sell things online, according to a top Amazon executive.