Tag: electronic payments

Payment Facilitator vs. Payment Processor. What’s the Difference?

There are many players involved in the acceptance of card and mobile payments. Among them, payment facilitators and payment processors. Both of these entities help enable payments acceptance. So, what’s the difference?

New Requirements Coming This Fall to Maryland Merchant Agreements

The state of Maryland recently passed legislation that will require changes to merchant processing agreements in that state. What does this mean for payment facilitators?

Countries Across Asia Are Ready for Digital Payments. But Are Their Small Businesses and Consumers?

Conditions across Asia are ripe for a surge in digital transaction growth. Factors such as the population’s reliance on cash and high penetration of mobile devices – along with the support of government – are thought to create a significant opportunity for technological advances making electronic payments simpler to take root.

Asia’s Drive for Financial Inclusion Means Opportunity for PFs

It’s hard to read the global news about payments without continually seeing something new happening in Asia. Companies like Paytm and Grab are expanding rapidly, enabling payments in innovative ways for small and micromerchants across the region.

Egypt’s Central Bank Takes Leadership Role for Financial Inclusion with QR Codes

The Central Bank of Egypt is getting behind QR codes as a way to increase financial inclusion in that country. The bank is issuing new standard acceptance criteria that will create a structure to enable acceptance of QR codes across mobile payments systems.

Asian Uber Rival Grab Gets Hold of e-Money License in Malaysia

Capitalizing on the growing popularity of mobile payments in Malaysia, ride-hailing company Grab has been granted a license by Bank Negara Malaysia to offer what it calls “e-money services” in that country.