Cardless Payments news and trends

Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
Cross-border Payments // March 20, 2024

Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly from their bank accounts when sending international money transfers through MoneyGram Online (MGO), the companies said...

Finzly Launches API Giving Developers Access to FedNow Service
Faster Payments // February 08, 2023

Finzly now enables developers at platforms, FinTechs and financial institutions to access the FedNow Service. The banking and payment technology firm, which is a pilot participant in the FedNow Service, said in a Wednesday (Feb. 8) press release that it has launched an application programming...

Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers
Payments Innovation // November 10, 2022

Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm TeamApt, account transfers represented over 80% of all business transactions in August 2022, compared to...

Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts
Restaurant innovation // May 20, 2020

Approximately 30,000 U.S. restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Fallout from the COVID-19 pandemic is expected to cause roughly $225 billion in lost sales by the end...

Interviews & Exclusives
Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers

November 10, 2022
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm TeamApt, account transfers represented over 80% of all business transactions in August 2022, compared to a meager 18% for card payments. This, according to Felix […]

Quick Reads
Mastercard and LuLu Collaborate on Cardless Payments

July 05, 2024
Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and newly-added Saudi Arabia, integrating Mastercard’s expertise into Lulu Group’s operation. “The partnership will introduce revamped features and benefits, such as digital in-store transactions […]

Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe

March 20, 2024
Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly...

Finzly Launches API Giving Developers Access to FedNow Service

February 08, 2023
Finzly now enables developers at platforms, FinTechs and financial institutions to access the FedNow Service. The banking and payment technology firm, which is a pilot participant in the FedNow Service,...