DOCSLIB.ORG

The Internet of Things

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Internet of Things November 2016 Issue 353 www.electronicpaymentsinternational.com The Internet of Things Payments top the bill at IoT debate •Annual Prepaid Summit and Awards, Europe •Secco Aura: The future of monetary value and exchange •Comment: Chargeback fraud and seasonal sales •Surveys: Australia, Oman, Pakistan EPI 353.indd 1 30/11/2016 14:23:10 10TH ANNIVERSARY February 14-16, 2017 Berlin FestivalMPE introduces of European online payment methods: „Festival of European online payment methods“ the only conference putting together payment professionals from European merchants, online payment methods and providers to meet and exchange information and ideas RUSSIA NETHERLANDS GERMANY SWEDEN IRELAND UNITED KINGDOM POLAND SPAIN ITALY FRANCE TURKEY MPE 2017 in numbers: FRANCE NETHERLANDS SPAIN 82% CREDIT CARDS 55% IDEAL 91% VISA / MASTERCARD 40+ 15% PAYPAL 23% CREDIT CARDS 6% PAYPAL COUNTRIES 300+ 3% DOMESTIC CARTE BLEU 15% DIRECT DEBIT 3% AMERICAN EXPRESS C-LEVEL EXECS 7% PAYPAL GERMANY SWEDEN 38% ELV POLAND 37% CREDIT CARDS 25% VISA / MASTERCARD 45% CREDIT CARDS 35% ONLINE BANKING 16% PAYPAL 35% ONLINE BANKING 20% OPEN INVOICE 1000+ 15% SOFORT BANK 15% CASH BASED METHODS 8% PAYPAL ATTENDEES 6% GIROPAY 5% PAYPAL TURKEY IRELAND RUSSIA 87% CREDIT / DEBIT CARDS 85% VISA / MASTERCARD 35% CREDIT / DEBIT CARDS 7% PAYPAL 11% PAYPAL 25% QIWI 6% OTHER WALLETS 150+ 4% AMERICAN EXPRESS 20% WEBMONEY SPEAKERS 15% YANDEX UNITED KINGDOM ITALY 6% PAYPAL 77% VISA / MASTERCARD 300+ 83% VISA / MASTERCARD 10% PAYPAL FINTECH PEERS 15% PAYPAL 8% DEBIT CARDS 70+ 3% DOMESTIC CARTE BLEU 5% AMERICAN EXPRESS SPONSORS & EXHIBITORS Request agenda and register @ www.merchantpaymentsecosystem.com Untitled-1 1 01/12/2016 09:52 EDITOR’S LETTER NEWS CONTENTS Time for instant payments NEWS 2: NEWS ANALYSIS AND DIGEST FEATURE mall and medium sized banks may understate it- offputting, very much keeps costs not realise how affordable imple - down in the long run. 6: ANNUAL PREPAID SUMMIT EUROPE menting instant payments into The paper sets out different cost scenarios for One day, four sessions and multiple keynote speakers from leading European companies their systems can be, legacy sys - different types of banks and different strategies highlighted the healthy state of the growing S for implementation, as well as identifying the four tems in tow or not. prepaid market and its prospects. EPI reports Lipis Advisors and Icon Solutions have collated main cost categories, and it will likely some as a on the event’s key news, developments and presentations the experiences of banks who have gone through surprise to many that the hardware figure is the the process of integrating faster payments into lowest: 8: SECCO AURA From startup challenger bank to blockchain their systems. The study breaks down the cost innovation, Secco Aura’s offline payments structure of instant payments into different cat- • Hardware- 15% and ‘economics of value’ strategy could egories and apportions the rough cost percentage • Licensing- 25% pave the way for a future model of consumer per category, giving a clearer picture what is feasi- • Integration and customisation- 35% data ownership. Anna Milne meets CEO and co-founder Chris Gledhill ble in terms of affordability. • Maintenance- 25% This is particularly pertinent for small and 9: DIGITAL BANKING CLUB The DBC’s latest debate in London honed in medium sized banks that often fear a spiralling A targeted approach, meaning a modular inte- on the Internet of Things and how it could cost scenario should they decide to embark on gration that maximises the potential of any legacy aid financial services. The discussion covered such a project. system already in place is favoured by most banks. a number of key trends, including payments, Their fears are not without foundation. The It all depends on the provider chosen and the wearables and customer needs. Patrick Brusnahan reports implementation of instant payments can have strategy of implementation. Two strategies were unexpected costs linked to liquidity management identified: a modular integration that is both 12: SINGAPORE FINTECH FESTIVAL The Monetary Authority of Singapore (MAS) practices, channel development, and interfaces cheaper, faster and of course makes the most of and the Association of Banks in Singapore with back office systems, meaning it can seem too the legacy system in situ and a more major, con- (ABS) organised the inaugural Fintech risky an undertaking for fear they will exhaust solidatory overhaul, to streamline the system and Festival. The event aimed to promote Singapore as a regional hub and facilitate funds before the work is complete. do away with siloes- in effect, ‘rip and replace’. collaboration in fintech The upshot and, hence, good news for smaller The fact is, instant payments aren’t a fad, a banks is that the cost is much less prohibitive than marketing ploy or a gimmick, they’re not going SURVEY many anticipate and hardware costs are not a anywhere and the sooner everybody gets on board substantial part of the overall spend in any of the the better- it can’t just be the domain of big banks. 13: AUSTRALIA solutions modelled, meaning the cost is cumula- Small businesses, individual consumers- there are 14: OMAN tive and spread over time rather than an upfront benefits to be gleaned all round from faster pay- 15: PAKISTAN outlay. ments and as Tom Hay, head of payments at Icon It turns out that cumulative costs over five years Solutions puts it “only when small and medium COMMENT can be as low as €500,000, according to Lipis. sized banks connect to national schemes willl con- And the five year cumulative cost for the larg- sumers and businesses across the world be able to 16: MONICA EATON-CARDONE, est, most complex projects was reported to be take full advantage of its benefits.”< CO-FOUNDER OF CHARGEBACKS911 less than €5m. And, for example, investment in AND GLOBAL RISK TECHNOLOGIES thorough testing, which can make up to 60% of the initial implementation cost, and can seem- to ANNA MILNE, [email protected] Editor: Anna Milne Sub-editor: Nick Midgley For more information on Timetric, visit our Tel: +44 (0)20 7406 6701 website at www.timetric.com. Director of Events: Ray Giddings Email: [email protected] As a subscriber you are automatically entitled Tel: +44 (0)20 3096 2585 to online access to Electronic Payments Financial News Publishing, 2012 Email: [email protected] Group Editor: Douglas Blakey International. For more information, please Registered in the UK No 6931627 Tel: +44 (0)20 7406 6523 telephone +44 (0)20 7406 6536 or email ISSN 0956-5558 Email: [email protected] Head of Subscriptions: Sharon Howley [email protected]. Unauthorised photocopying is illegal. The Tel: +44 (0)20 3096 2636 Reporter: Patrick Brusnahan London Office contents of this publication, either in whole or Email: [email protected] Tel: +44 (0)20 7406 6526 71-73 Carter Lane part, may not be reproduced, stored in a data Email: [email protected] London retrieval system or transmitted by any form or Sales Executive: Harry Hooker Tel: +44 (0)20 3096 2622 EC4V 5EQ means, electronic, mechanical, photocopying, Asia Editorial: Xiou Ann Lim Email: [email protected] recording or otherwise, without the prior Tel: +65 6383 4688 Asia Office permission of the publishers Email: [email protected] 1 Finlayson Green, #09-01 Customer Services: Singapore 049246 Group Publisher: Ameet Phadnis Tel: +44 (0)20 3096 2636 Tel: +65 6383 4688 Tel: +44 (0)20 7406 6561 or +44 (0)20 3096 2622 Fax: +65 6383 5433 Email: [email protected] Email: [email protected] Email: [email protected] www.electronicpaymentsinternational.com November 2016 y 1 EPI 353.indd 1 30/11/2016 14:23:11 Electronic Payments International NEWS ANALYSIS Dawn of the data age: Interconnecting payment companies Electronic Payments International – together with data centre and co-location provider Equinix – hosted two payments events in Singapore and Hong Kong to facilitate discussions on the importance of interconnectivity among companies in the payments industry he two events – which saw par - Attendees also shared best practices that ticipation from payment solutions they have observed in other markets such as company ACI Worldwide and the US and Europe, and how these can be e-wallet provider TNG – brought adopted in Asian markets. T Observations were made about how cer- together senior-level executives to review industry developments in Singapore and tain challenges that are unique to Asia – such Hong Kong. as large unbanked populations, geographical This included initiatives undertaken by could stand to benefit from connecting and fragmentation and a relatively high reliance monetary authorities in both markets to co-locating with players outside the industry on mobile phones – have helped some mar- accelerate the growth of fintech companies, – be it merchants, telcos or banks. kets leapfrog the gradual progression often and also to assess whether banks would be Sharing examples of how open APIs have seen in more mature markets. disintermediated by these new players in the helped enable this, he says the increasing As Knuff commented: “With compa - near future. importance of a data-centric business model nies such as Alipay and Tencent growing Vice-president of Global Ecosystem John will only serve to amplify the magnitude of their market share in payments, the devel- Knuff from Equinix spoke about how com- interconnectivity
Load more

Recommended publications
  • OVERVIEW SUPPORTED PAYMENT METHODS International
    OVERVIEW SUPPORTED PAYMENT METHODS International Internationally, credit cards are the widest accepted payment method. Adyen supports the major credit cards, enabling payment acceptance from anywhere in the world. Visa Credit and debit cards by Visa. MasterCard Credit and debit cards by MasterCard. Maestro Debit cards by MasterCard. International Credit cards by American Express, including SafeKey 3D- American Express Secure. Diners Credit cards by Diners Club. JCB Credit cards by JCB, including J/Secure 3D-Secure. UATP Corporate Travel Card. Union Pay Credit cards by UnionPay. Bank Transfer International bank transfer with IBAN or BIC. International CashTicket Prepaid Card. ClickandBuy Wallet. Neteller Wallet. PayPal Wallet. PaySafeCard Prepaid Card. Qiwi Wallet that can also be topped up via payment terminals. Skrill Wallet, formerly known as Moneybookers. Payment via premium SMS and telephone using various SMS and IVR international providers. Ukash Prepaid Card. Western Union Western Union money transfer service. Page 1 Overview Supported Payment Methods c 2012 ADYEN BV - August 23, 2012 Europe Loyalty cards Support for various loyalty and store cards. Austria Bank Transfer Offline bank transfer. Sofortbanking Online banking supporting various local banks. Belgium Bank Transfer Offline bank transfer. BanContact / Mr. Debit card in Belgium. Cash Sofortbanking Online banking supporting various local banks. Denmark Primarily credit card and the local debit scheme. Bank Transfer Offline bank transfer. Dankort Local debit card scheme. Open Invoice Payments on credit by open invoice. Finland Primarily Credit Card. Besides this there is a very good market share for online banking. Bank Transfer Offline bank transfer. Ålandsbanken Online banking. Handelsbanken Online banking. Nordea Online banking.
    [Show full text]
  • Notes 12 Bibliography 13
    Bringing E-money to the Poor E-money to Bringing Public Disclosure Authorized Public Disclosure Authorized DIRECTIONS IN DEVELOPMENT Finance Riley and Kulathunga Bringing E-money to the Poor Public Disclosure Authorized Successes and Failures Thyra A. Riley and Anoma Kulathunga Public Disclosure Authorized Bringing E-money to the Poor DIRECTIONS IN DEVELOPMENT Finance Bringing E-money to the Poor Successes and Failures Thyra A. Riley and Anoma Kulathunga © 2017 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 20 19 18 17 This work is a product of the staff of The World Bank with external contributions. The findings, interpreta- tions, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) http:// creativecommons.org/licenses/by/3.0/igo.
    [Show full text]
  • Overcoming Fragmentation – the Payments Platform Challenge OVERCOMING FRAGMENTATION – the PAYMENTS PLATFORM CHALLENGE
    Overcoming Fragmentation – The Payments Platform Challenge OVERCOMING FRAGMENTATION – THE PAYMENTS PLATFORM CHALLENGE CONTENTS 1. Overcoming the Fragmented Payment Landscape with Open Payment Platforms 03 1.1 Executive Summary 03 2. About Key Payment Markets 04 2.1 Payment Market Characteristics in the USA 05 2.2 Payment Market Characteristics in Canada 06 2.3 Payment Market Characteristics in Australia 07 2.4 Payment Market Characteristics in China 08 2.5 Payment Market Characteristics in Singapore 09 2.6 Payment Market Characteristics in Malaysia 10 2.7 Payment Market Characteristics in Indonesia 11 2.8 Payment Market Characteristics in the Philippines 12 2.9 Comparing the Payment Markets 13-14 3. The Digital Payments World – Competitive Fragmentation 15-19 4. The Impact of Fragmentation on Payment Platforms 20-21 5. How Open Payment Platforms can overcome Fragmentation 22-24 6. Key Findings from the Report 25 7. About the Research 26 Overcoming Fragmentation – The Payments Platform Challenge 2 Overcoming the Fragmented Payment 1 Landscape with Open Payment Platforms 1.1 Executive Summary Global payment trends and digital technologies are driving change in many key payment markets. The omni-channel payment behaviour of increasingly online consumers, the multiple payment service demands of merchants, the globalisation of merchant businesses and technology driven fragmentation of payment services are real challenges for payment platform providers. This report highlights the impact of payment fragmentation in the digital payments world seen in key payment markets around the world, through the lens of both merchant businesses and the payments industry. In today’s world, global businesses are seeking a global solution that helps them consolidate their local business, grant them access to information in real-time and generate reports, ad-hoc, to make key decisions that help them manage cash flow, inventory and monitor their customer behaviour.
    [Show full text]
  • Raas Initiating 20210203
    BANXA Holdings Inc Initiation of Coverage Providing secure access to digital assets Fintech BANXA Holdings Inc (TSX-V:BNXA) is a global Payments Service Provider (PSP) serving the digital asset/cryptocurrency industry. It does so by using its platform as a 3 February 2021 “bridge” between the fiat/cash/banking system and the digital asset/exchange system. Share detail The company is headquartered in Australia where it has pioneered easy to access, TSX-V Code BNXA local payments platforms for retail investors to acquire cryptocurrencies. More recently it has expanded its infrastructure to the B2B market, partnering with the Share price (1 Feb ’21) C$2.10 leading cryptocurrency exchanges, including OK Group, Binance, KuCoin and EDGE Market Capitalisation C$85.5M Wallet. It has also expanded to the UK, the European Union, USA and Canada. Since Shares on issue 40.7M the launch of its flagship B2B product, BANXA has seen significant growth in Total Net cash post IPO ~$6.0M Payments Volumes (TPV), including 1,000% growth in January 2021 TPV to A$55m. BANXA listed on the Toronto Stock Exchange on January 6, through a reverse merger Free float ~65% with Toronto-listed A-Labs Capital I Corp, with a market capitalisation at listing of Upside Case C$40.7m. We initiate coverage of BANXA with a base case discounted cashflow Scalable business model in high growth sector derived valuation of C$3.47/share, which implies a CAGR of 36% in 10-year free Delivering both online and offline payments cashflows, in a sector that is forecasted to generate >50% CAGR over the same period.
    [Show full text]
  • P R a C T I C E U P D A
    Please read this update and contact this office P r a c t i c e if you have any queries U p d a t e NOVEMBER 2014 Can you access your super fund Breast implants and tummy tuck? for medical procedures? However, the taxpayer apparently made a second withdrawal (of approximately $20,000) from her Editor: The following relates to a newspaper article superannuation fund to pay for breast implants that appeared recently in a national newspaper and a tummy tuck. and was then subsequently picked up by national Editor: Clients need to understand that there TV and radio. are only very limited circumstances under which As it concerns a taxpayer withdrawing all of her superannuation monies can be withdrawn to pay $30,000 balance from her superannuation fund for a medical procedure, under the umbrella of for weight loss, a tummy tuck and breast implants, ‘compassionate grounds’. clients who heard about it or saw it on TV may be When can super monies be released on incorrectly contemplating accessing their super. ‘compassionate grounds’ Compassionate grounds to withdraw Where an SMSF member is suffering a severe superannuation medical condition and cannot afford to pay for such medical expenses, they can apply to the DHS The taxpayer involved suffered from obesity. On (not the ATO) to have some of their super funds this basis, she obtained a written statement from released on ‘compassionate grounds'. her medical practitioner in which it was argued that without this stomach reduction procedure, it was Basically, a member will be entitled to claim likely that she would experience severe ill health 'compassionate grounds' where: that could possibly be a life threatening condition.
    [Show full text]
  • Ecommerce Connectors Market Overview
    eCommerce Connectors Market Overview Global Coverage October 4th, 2021 Global Coverage eCommerce Connectors Market Overview eCommerce Connectors Market Overview This overview includes detailed information on the payment methods and acquirers in ACI’s global payment network, grouped by region and subdivided by country. The list’s focus on region and country will assist payment providers and their merchants to identify the payment options available wherever they want to compete. Additionally, the appendix at the end of this document contains information regarding connectors’ international and cross-border licenses. Africa BOTSWANA PAYMENT METHOD BRANDS CONNECTOR NAME Wallet PayPal PayPal** (Alternative Payments) DJIBOUTI PAYMENT METHOD BRANDS CONNECTOR NAME Wallet PayPal PayPal** (Alternative Payments) ALGERIA PAYMENT METHOD BRANDS CONNECTOR NAME Wallet PayPal PayPal** (Alternative Payments) EGYPT PAYMENT METHOD BRANDS CONNECTOR NAME Credit Card Mastercard, Visa Arab African International Bank (AAIB) (Card Payments) Banque Misr Commercial International Bank (CIB) National Bank of Egypt Virtual Currency Bitcoin Payment21 | Moving Media GmbH DBA (Alternative Payments) Wallet PayPal PayPal** (Alternative Payments) * European Cross-border license as defined by Visa and MasterCard ** International license © October 4th, 2021 ACI Worldwide. All rights reserved. _|_ globalcoverage.aciworldwide.com Page 2 of 69 Global Coverage eCommerce Connectors Market Overview GHANA PAYMENT METHOD BRANDS CONNECTOR NAME Virtual Currency Bitcoin Payment21 | Moving
    [Show full text]
  • WEIS 2016 Paper 43-1
    Delft University of Technology Risk Management for Third Party Payment Networks van Driel, Willem; Hernandez Ganan, Carlos; Lobbezoo, M; van Eeten, Michel Publication date 2016 Document Version Final published version Published in Proceedings of Workshop of Economics of Information Security 2016 Citation (APA) van Driel, W., Hernandez Ganan, C., Lobbezoo, M., & van Eeten, M. (2016). Risk Management for Third Party Payment Networks. In Proceedings of Workshop of Economics of Information Security 2016 (pp. 1-10) Important note To cite this publication, please use the final published version (if applicable). Please check the document version above. Copyright Other than for strictly personal use, it is not permitted to download, forward or distribute the text or part of it, without the consent of the author(s) and/or copyright holder(s), unless the work is under an open content license such as Creative Commons. Takedown policy Please contact us and provide details if you believe this document breaches copyrights. We will remove access to the work immediately and investigate your claim. This work is downloaded from Delft University of Technology. For technical reasons the number of authors shown on this cover page is limited to a maximum of 10. Risk Management for Third Party Payment Networks Willem van Driel Carlos Gan˜an´ Maikel Lobbezoo Michel van Eeten Adyen Delft University of Technology Adyen Delft University of Technology 1011 DJ Amsterdam 2628 BX Delft 1011 DJ Amsterdam 2628 BX Delft The Netherlands The Netherlands The Netherlands The Netherlands [email protected] [email protected] [email protected] [email protected] Abstract—The payment industry has been characterized such as provided by PayPal, Apple Pay and Android by a small number of players that operate the schemes for Pay make use of credit and debit card schemes for their the facilitation of credit and debit card payments.
    [Show full text]
  • XU Magazine - the Independent Magazine for Xero Users, by Xero Users
    The independent magazine for Xero users, by Xero users ISSUE 16 magazine COVER STORY Let Receipt Bank Do It, So You Don’t Have To INTERVIEW Steve Vamos Xero’s new CEO ISSN 2054-7226 16 Plus lots more from Xero connected Apps 9 772054 722009 Brought to you by PKF New Zealand (pkf.co.nz) Follow us on Twitter: @PKFI Issue 16 / 1 Brought to you by Brought to you by PKF New Zealand View Point Tax Brought to you by PKF New Zealand Proposed Ring- PKF Asia Dorian Crighton, Business Jono Bredin, Head of Tax Advisory Services Director, Director, PKF Bredin McCormack PKF Goldsmith Fox - Recastle - Dunedin Christchurch [email protected] Fencing of [email protected] catches the Residential Chris Lamb, Business Advisory Services Director, PKF Property Losses Rutherfords - Palmerston North Xero Bug [email protected] A ny day now, Inland D orian Crighton from interest of the Asian delegates go to As far as the rest of the conference Revenue is expected to Christchurch and Chris another level as they watched how went, China is, of course, hugely finalise their views on a proposal Lamb from Palmerston North Xero was transforming how their significant and PKF has a broad which will limit the ability of a recently attended the June PKF clients could do business in Asia. representation in China. We learnt property investor to offset losses Asia Pacific Conference which took The hands-on Xero demonstration a lot from the PKF China desk from their residential property place in Ho Chi Minh City, Vietnam.
    [Show full text]
  • Adyen Commercial Documentation
    Pricelist Payment Methods February 10, 2014 International Type Pricing Visa Credit Card Interchange+ V-PAY Debit Card Interchange+ MasterCard Credit Card Interchange+ Maestro Debit Card Interchange+ American Express Credit Card 3,95% Diners Club Credit Card 3,5% Discover Credit Card 3,5% JCB Credit Card Contact Adyen Sales Union Pay Credit Card 3,25% ClickandBuy Wallet Direct contract Neteller Wallet Direct contract PayPal Wallet Direct contract PaySafeCard Prepaid Card 10% - 12% depending on industry SEPA Bank Transfer EUR Bank Transfer e 0,20 Skrill (MoneyBookers) Wallet Direct contract SMS and IVR Other Depending on country UATP Credit Card Direct contract Ukash Prepaid Card Depending on industry Western Union Cash 0,50% Europe Europe Type Pricing Loyalty cards Other Direct contract Austria Type Pricing Bank Transfer Bank Transfer e 0,20 1 Austria Type Pricing EPS Online Banking Direct contract SEPA Direct Debit Direct Debit e 0,25 SOFORT Banking Online Banking Depends on industry 1% - 5% Denmark Type Pricing Bank Transfer Bank Transfer e 0,20 Dankort Debit Card Direct contract Danske Bank Online Banking e 0,55 Jyske Bank Online Banking 1,8% (min e 0,35) Nordea Online Banking 1,8% (min e 0,35) Open Invoice Open Invoice Direct contract SEPA Direct Debit Direct Debit e 0,25 Finland Type Pricing Bank Transfer Bank Transfer e 0,20 Ålandsbanken Online Banking e 0,55 Aktia Online Banking e 0,55 Danske Bank Online Banking e 0,55 Handelsbanken Online Banking e 0,55 Nordea Online Banking e 0,70 OP-Pohjola Online Banking e 0,55 Open Invoice Open
    [Show full text]
  • Satago (Latin): to Satisfy/Pay a Creditor
    The independent magazine for Xero users, by Xero users ISSUE 10 magazine ON DEMAND BUSINESS FINANCE Satago (Latin): to satisfy/pay a creditor COVER STORY ISSN 2054-7226 Satago’s Steven Renwick explains how 10 the Financial Web is transforming the 9 772054 722009 traditional lending landscape Have you subscribed? Go to subscriptions.xumagazine.com Follow us on Twitter: @xumagazine Issue 10 / 1 Have you subscribed for FREE? Go to subscriptions.xumagazine.com 30+ Integrations ALL-IN-ONE PROJECT MANAGEMENT SOFTWARE Powerful Job Mobile app workflowmax.com/xero 2 / Issue 10 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Have you subscribed? Go to subscriptions.xumagazine.com Follow us on Twitter: @xumagazine Issue 10 / 3 46 / CASE STUDY - How simple Xero feature that’ll get you paid on 98 / Top tips for Xero users: Budget process automation helped time Manager Welcome to issue 10... increase efficiency & growth 76 / TUTORIAL - AutoEntry: 100 / Mitigating risk and making 6 / 2017 Up and Coming Tech traditional lending landscape advanced, feature-rich automation data security a top priority of data entry to Xero 8 / Explained: Xero Partner Program 22 / From rock music photographer Points to helping businesses develop 82 / Introducing mTrio 9 / TUTORIAL - Provide 24 / Why philanthropy matters: 84 / Mindset over money: why magazine Management Reports to Clients your small business guide to giving spending more on marketing is not The independent magazine Without Breaking a Sweat the answer
    [Show full text]
  • Who's Who in Payments 2020
    Insights into Payments and Beyond Who’s Who in Payments 2020 Complete Overview of Key Payment Providers Key media partner: Who’s Who in Payments 2020 Complete Overview of Key Payment Providers Contact us For inquiries on editorial opportunities please contact: Email: [email protected] To subscribe to our newsletters, click here For general advertising information, contact: Mihaela Mihaila Email: [email protected] RELEASE VERSION 1.0 MARCH 2020 COPYRIGHT © THE PAYPERS BV ALL RIGHTS RESERVED TEL: + 31 20 893 4315 FAX: + 31 20 658 0671 MAIL: [email protected] Management Summary As the payments value chain is maturing, retail prices for online payments are steadily dropping, while the level of service offered to merchants is only increasing. Consequently, payment providers aim to gain scale and increase capabilities through strategic acquisitions, constantly reshaping the payments ecosystem. This report describes the global payment solutions provider space today, defines the capabilities offered by the different participants in the ecosystem, and presents the dynamics of this space constantly shaped by innovation and consolidation. Our commitment Here, at The Paypers, we are aiming to provide clear perspectives on the ever-changing commerce and payments environment, in order to help professionals and industry players stay abreast of all these developments and understand the opportunities that arise. With that in mind, we created Who’s Who in Payments – Complete Overview of Key Payment Providers, a relevant source of reference and a must-read about the payments industry. The first edition of the report tackles some of the key trends that are relevant for merchants, payments professionals, and not only – such as the size of the ecommerce market and the development of the payments ecosystem, the latest innovation in payments and essential trends to watch, the payment landscape of 2020, the M&A activity in the payments space, and more.
    [Show full text]
  • ONLINE PAYMENT METHODS Worlwide Supported Payment Methods Overview
    ONLINE PAYMENT METHODS Worlwide supported payment methods overview Nexway’s range of payment methods is part of Nexway MONETIZE solution. MONETIZE starts with Nexway acting as merchant of record (MoR). You keep control of your pro- duct and catalog, customers, user experience, and marketing operations. Nexway, as MoR and your legal reseller, is liable to the financial institutions that process the payments to ensure security and data integrity. Nexway se cures transactions and payments worldwide, collects and remits orders and sales tax, provides fulfillment integrations, and ensures data compliance, leaving you the time to invest in your products & services! Built upon a micro-service and API based architecture, Monetize is able to couple next generation payments, AI and big data capabilities to provide a unique approach to software, game and service monetization. Nexway Nexway Payment Methods| © Nexway 2017 Nexway supports flexible payment options! CARD PAYMENTS ALTERNATIVE PAYMENTS MOBILE WALLETS We accept major credit card We support several ways to We give customers the option payments from over 140 pay including major alterna- to use Apple Pay ™, Android countries worldwide. tive payment methods, online Pay ™ and other mobile wal- and offline bank transfers, lets. direct debits and more. MAIN PAYMENT CARDS Payment cards are not the only way to pay for online transactions. In reality there are more than 300 different types of payments in the e-commerce world. Nexway Nexway Payment Methods| © Nexway 2017 ALTERNATIVE PAYMENT METHODS & WALLET ONLINE BANK TRANSFERS Online: Customers use their online or real-time Bank account to transfer money with imme- diate online authorisation. Examples: iDEAL, eNets, Sofort, Giropay Offline: Customers make an offline payment by using a payment reference.
    [Show full text]