Tag: Payments

Forecourt retail specialist Suresite Group and fuel and retail service provider TSG UK have partnered to release a new point-to-point encryption payment (P2PE) solution for the forecourt industry.

Indian credit card company Slice has reportedly raised $50m in a fresh financing round, which puts its valuation between $1.5bn and $1.8bn.

One in four UK merchants predict open banking to become the most popular payment method by customers in the next five years, according to a report from Nuapay.

With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.

A quarter of UK consumers that had a declined payment in the past 12 months have no idea why it happened, according to research from global PayTech Trustly.

UK-based cross-border payment platform Kapaga has raised ?1.5m in a funding round led by Tiger Global.

B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.

Southeast Asia-focused payments infrastructure platform Xendit has closed its Series D funding round on $300m.

Cushion, which claims to be a leader in bank and credit card fee negotiation, has scored $12m for its Series A funding.

Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.