Secrets to understand Payment Market Infrastructures – Sweden part 1

Is there a secret to easily understand payments systems in any country?  Do you know the payment market infrastructures of your country and how they are structured? This is the first of a series of videos where we will examine payment market infrastructures of a few countries in the world. And we begin with Sweden. …

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Credit Card and POS Credit Card Terminal

Top Trends Shaping the Future of Credit Cards

From its inception, credit cards have drastically made transactions smoother between consumers and businesses. Today, credit cards have become a necessity for almost all Americans ⁠— as many issuers include a myriad of benefits and rewards programs. Credit cards are also becoming more advanced than ever, which means businesses and consumers need to stay updated …

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PSD2 and The New Generation of Third-Party Providers

The revised Payment Services Directive (PSD2) went live in January 2018 and is set to have a broad impact on the financial services industry across and beyond Europe. One main goal of the revised PSD2 is to encourage competition by allowing new players, the Third-Party Providers, to enter the European Single Market. The directive removes …

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Main benefits of the TransferMate Solution

TransferMate’s unique receivables solution enables businesses to reduce debtor days, eliminate bank fees and gain full visibility on cash flow

B2B Payments Company offers an easy-to-use solution to get paid faster while automating invoice reconciliation TransferMate Global Payments, one of the world’s leading cross-border B2B payments providers, has deployed an advanced receivables solution to businesses around the world. The payments solution enables TransferMate clients to reduce their days sales outstanding (DSO) while gaining control and …

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Differences between SEPA, SWIFT and UK Faster payments

When you begin your journey in payments, you can easily feel overwhelmed because of the many types of payments and payments systems available out there. How to easily understand what they are and how to differentiate them? In this article, we revisit one key concept and explain the differences between SEPA Payments, UK Faster Payments …

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The Standby Letter of Credit – Definition, Issuance and Notification

Another prominent payment technique used in international trade is the Standby Letter of Credit. What is a Standby Letter of Credit (SBLC)? How is it different from a Letter of Credit? How do issuance and notification of a Standby Letter of Credit work? … This article provides the answers to these questions. We already know …

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