online payment system

Yahoo Inc. and Alibaba Group made a statement on Sunday that they are negotiating to resolve differences over the spin-off of Alibaba’s online payment business Alipay.

A Chinese ecommerce giant Alibaba and major stockholders Yahoo and Softbank Corp. are in talks “to resolve the outstanding issues related to online payment system Alipay in a manner that serves the interests of all shareholders as soon as possible,” the statement said.

According to the recent report of WebMoney online payment system the company has launched a new service which enables the Internet users in Israel to pay for their mobile phones.  

According to the recent report of Ukash, the company was received a Queen’s Award for Enterprise in the International Trade category from the Queen.

The prestigious award recognises UK businesses that have achieved substantial growth in overseas earnings and outstanding levels of commercial success. Ukash, operating under the holding name of Smart Voucher, was awarded as a result of its geographical and financial growth.

The largest online payment system of Russia - WebMoney Transfer,  operating worldwide has announced new top-up solution.  According to the recent statement of the online payment processor, now the customers can fund their WebMoney Purse from a bank account in France and the Netherland with the help of DIRECTebanking.  

Google Inc has announced launch of its own online payment system enabling Internet publishers to set their own prices for their content.

Ukash, the Global eMoney Network, has announced that leading industry figure David Hunter has been appointed as the company’s new Chief Executive Officer. The former eMoney head of ClickandBuy and Paysafecard will be taking over with immediate effect.

 Zuora has announced that it has received $20 million in a Series C round of funding led by Redpoint Ventures. Zuora’s existing investors, including Benchmark Capital, Shasta Ventures and Tenaya Capital, also participated. To date, the company has raised $41.5 million in funding.

SponsorPay, the European online payment system announced that it has received a seven-digit investment from Investitionsbank Berlin (IBB), a development bank of the Federal Land of Berlin, to enhance its ad offer-based monetization platform. 

Moneta Corp. a known online payment processor has announced about changing of the company name. Now the company is called Rialto Commerce and its consumer-facing payment product for e-retailers - Rialto Pay.

Barclaycard has announced the launch of new secure online payment processing system, Barclaycard SmartPay.

Barclaycard SmartPay was designed to help European retailers compete with domestic retailers in foreign markets and reduce the number of transactions where customers do not complete their purchase. 

 Visa Inc. has announced its intention to invest £6.6 million in London-based mobile banking and payments service provider Monitise plc to increase its stake to 14.4%. Earlier the company has announced that the existing agreement with Monitise was prolonged to 2015. 

Last June Visa invested $13 million in the company by signing a 5-year strategic agreement called "Global Alliance Agreement". Under the agreement Monitise was to develop technology to provide SMS alerts and secure payments to 2 billion clients of Visa worldwide. 

Moscow residents are now able to complete some every-day transactions online. The City of Moscow and the Moscow Police Department are now offering some services via the Internet. 

 According to local sources MasterCard Worldwide is considering expanding its business in Azerbaijan. This statement was made today at the seminar organized by the Central Bank of Azerbaijan for commercial banks with the participation of MasterCard representatives. 

SponsorPay, a known virtual currency monetization platform has announced new partnerships with industry leaders of social games publishers and social networks.

PayPal has reported the results of its new study on the future of money on its official weblog. Nicky Mezo from PayPal Canada wrote that according to the researcher commissioned by PayPal Canadians are opting to reach for their digital wallet instead of cash and checks when paying for their purchases.

The study revealed that Canadians like having money at their fingertips so when it comes to paying and getting paid they are increasingly using a computer or mobile phone to pay for everyday things like splitting a restaurant bill or sharing costs.