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Payment Networks

Provide payment solutions to issuers and/or consumers directly in lieu of physical currency. Brand identity is very important, especially since the big players, China UnionPay, Visa and MasterCard, achieve success through their name.


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UKPC seminar highlights industry's burning issues

17 May 13 - PaymentEye - New ProductsNew Technology
PaymentEye were recently at the UK Prepaid Club seminar hosted by GX in association Smartex at the Park Lane Hotel, London.  The event bought together various industry members to discuss a number of topics from mobile to prepaid solutions. To begin ...

Research suggests 70% of consumer prefer to pay by card

17 May 13 - PaymentEye - Insight
According to a recent survey conducted by Judo, 70% of people prefer to pay for everyday items with their credit or debit card. In light of this, the research revealed that 120 million transactions are lost every year in the UK through people leaving ...

BitPay lands USD2m for bitcoin payment processing

17 May 13 - PaymentEye - VC Deals
BitPay, an Atlanta-based company that offers merchants a payment processor for bitcoin, has received USD2m in funds from Founders Fund. BitPay, which launched in 2011, claims to offer a payment service for bitcoin that is completely safe from fraud, ...

OpenCoin bags USD10m for open payment network

16 May 13 - PaymentEye - VC Deals
OpenCoin, a US-based open currency website that lets users handle virtual money, has received an undisclosed amount of funding fromGoogle Ventures and IDG Capital Partners. OpenCoin develops and runs the Ripple system, which can exchange both global ...

PayPal co-founder signals USD6m investment in Transferwise

15 May 13 - PaymentEye - VC Deals
Peter Thiel has elected to grant USD6m to Transferwise for his first Valar Ventures investment in Europe. This is due to the “spectacular growth” the London-based international money transfer business has witnessed in two years since its ...
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