The information you need to start your day, from PaymentsSource and around the Web:
Pays in Germany
Germany was part of a big year for
Apple Pay and Google Pay have signed deals with payment gateway Worldline to support smartphone and smartwatch payments in Germany, bringing NFC capabilities to all Worldline point of sale terminals in the country.
There's still some limitations, as the consumers' bank must also support Apple Pay or Google Pay, according to a release from Worldline.
Payroll entrepreneur
Everything from
Jackson, who founded cloud accounting software maker KashFlow, has launched Staffology, at startup that puts flexible payroll services in the cloud, reports
The U.K. company's first product includes a payroll software API that's designed to directly link to employers' ERP or accounting systems to manage different types of payments.
Crytpo together
Madrid fintech
Consumers can use a prepaid Visa card to make payments in bitcoin, ether, XRP, bitcoin cash, EOS, Stellar and litecoin.
The company is tackling a tough use case, since retail cryptocurrency payments are still rare. 2gether is selling a near real-time conversion to mitigate the market volatility in the cryptocurrency market.
Layover
Airline payment and travel booking companies UATP and Uplight are collaborating to offer installment payments for travelers.
The combined product will allow consumers to buy ahead of time and pay over time based on fixed monthly payments.
The model is an industry-specific version of companies such as
From the Web
The Motley Fool | Mon March 18, 2019 - What Britain will look like after it leaves the EU is still unclear, and the impact is still unknown. A no-deal situation would mean that the UK would leave the European Union with no agreement in place and that it would follow World Trade Organization rules to trade with the EU and other countries, while trying to negotiate free-trade deals.
Reuters | Mon March 18, 2019 - Singapore Telecommunications Ltd said it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion.
Reuters | Mon March 18, 2019 - Italian payments firm Nexi began proceedings for an initial public offering on the Milan stock exchange, in what would be one of the biggest listings in Europe this year. Nexi’s private equity owners - Bain Capital, Advent and Clessidra - are aiming to raise between 600 and 700 million euros in fresh cash for the company, as well as listing part of their existing stake.
More from PaymentsSource
Bank technology giants FIS and Fiserv are spending nearly $66 billion between them in just the past few weeks to add a broad swath of payments technology — including a few key nuggets that will help them go toe to toe with fintechs.
FIS has agreed to a $43 billion deal to acquire Worldpay, the largest deal yet in an environment of rampant fintech consolidation and investments.
IBM has taken an idea Ripple made popular — conducting cross-border payments over a distributed ledger using a digital currency as a “bridge” between fiat currencies — and has built its own version using the Stellar blockchain and a U.S. dollar-backed stablecoin.
European merchants would do well to be mindful of the history of the global payment schemes’ treatment of U.S. merchants to gain better insights into where the global schemes might lead them in the future.
