Industry news
ACF Investors led the new funding round, having initially invested in 2023.
The remit now, pay later platform has selected Bud’s platform to make remittances more efficient for migrant workers and improve access to credit.
GoCardless has chosen to work with Form3 to support the scale up of its UK operations.
The inaugural Yaspa Index surveyed consumers about their awareness and knowledge of other payment terms, including Open Banking, account-to-account payments and Bacs.
Account-to-account payments and digital wallets are among the new payment methods being looked into by merchants and retailers as they seek to address cross-border commerce.
The payment follows the increase in the RTP network’s transaction limit from $1 million to $10 million.
For businesses, the new version of Autogiro will result in more “on-time” payments and reduce administrative workload.