BayPay Members Blogs

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Earthport Payment Services, UAB granted a payment institution licence

The Board of the Bank of Lithuania has issued a payment institution licence to Earthport Payment Services, UAB. Having secured the licence, the company will offer payment services set...
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Eric Barbier, Founder and former CEO of TransferTo, invests in MoolahGo

MoolahGo today announced that Mr. Eric Barbier has joined the Company as a strategic investor in its Pre-Series funding round for an undisclosed amount. Mr. Barbier founded TransferTo in...
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Card Fraud in Europe - it's still increasing

In September last year – the ECB produced its first report on Card Fraud since 2015. It is unusual to see a public report that covers all of Europe and there...
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Crummy CReM code Part VIII and the low standards for firms to meet

This is the eighth and final blog in our series on the Contingent Reimbursement Model code (“CReM”) that purports to offer customers strong protection against certain types of Authorised Push Payment...
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Alternative Payments On The Rise In Canada, According To New Research

Canadians’ use of alternative payments has seen a double-digit increase in the last two years, according to a new study from the Canadian Prepaid Providers Organization (CPPO) and research firm Leger....
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Crummy CReM code Part VII and customers’ added responsibilities

This is the seventh blog out of eight in our series on the Contingent Reimbursement Model code (“CReM”) that purports to offer customers strong protection against certain types of Authorised Push...
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UK embraces contactless payments

Total UK contactless spending rose by nearly a third last year to £69 billion, with tap and pay now accounting for more than 40% of all card transactions, according to...
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23 percent of ecommerce in Europe is cross-border, research shows

(The Paypers) The online cross-border market in Europe has seen a turnover of EUR 95 billion in 2018, corresponding to a cross-border share of total online sales of 22.8%. Original link
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First Data releases study on German consumers' preferred payment methods

(The Paypers) First Data has released its first nationally-representative study of more than 2,000 German consumers, examining consumers’ preferred payment methods. Original link
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PayPal partners with JPMorgan for instant bank transfer feature

(The Paypers) Payment solution provider PayPal has partnered with  JPMorgan Chase to launch an instant transfer option. Original link
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Ulta’s Digital Innovation Makes It an Unstoppable Force

E-commerce comparable sales increased 25.1%, representing 240 basis points of the total company comparable sales increase of 9.4% Ulta enjoyed its strongest traffic in several quarters with transactions up 7.1%, and...
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Meijer Expands Mobile Checkout to More Shoppers


Meijer is expanding its Shop & Scan mobile shopping checkout technology following a successful pilot. Find out how many stores will see the new tech and what this means for shoppers....
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Kroger Expands Autonomous Grocery Delivery


Kroger and Nuro’s successful self-driving grocery delivery pilot in Scottsdale has led to a new program in Texas. Get the details. Original link
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WebMoney launches VideoID

The WebMoney Transfer system has introduced a new video identification method - VideoID. The video identification can be carried out in any part of the world regardless of the time...
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Sephora rolls out its first credit card

(The Paypers) Sephora has announced the launch of a credit card programme for North America, tying it to its reward programme. Original link
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MO Tecnologías selects IdentityMind for secure onboarding of consumers in Mexico

(The Paypers) Microloan fintech MO Tecnologías has selected IdentityMind `s digital identity platform to automate secure onboarding of consumers in Mexico. Original link
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JAGGAER to power US real estate corporation JLL e-procurement system

(The Paypers) US-based JLL has announced leveraging e-procurement in digital transformation powered by JAGGAER spend management solutions. Original link
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Samsung: Galaxy S10 crypto wallet doesn't support BTC

(The Paypers) After Samsung has announced it will support cryptocurrency storage, the company suggested that its Galaxy S10 does not support Bitcoin. Original link
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Mastercard brings new rules into the retailer-customer relationship

(The Paypers) As financial losses from free-trial offers have summed over USD 1.3 billion in the past 10 years, Mastercard has introduced a new policy to address this issue. Original link
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NICE voice biometrics chosen by Vietnamese bank for fraud prevention

(The Paypers) A Vietnam-based bank has chosen NICE ’s Real-Time Authentication (RTA) and fraud prevention solution to secure banking in its 25 branches and 30 transaction offices. Original link
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