AcceptEmail & Worldpay

AcceptEmail e-bill payment has selected Worldpay to power its international e-billing solutions. AcceptEmail is the digital replacement for paper bills, reminders, bounced direct debits or payment plans. It allows consumers to pay their bills securely and directly from their e-mail inbox on a PC or notebook, tablet or smart phone. Real-time generated images convey the current bill status, resulting in an intuitive payment experience. Worldpay’s global payment capabilities and range of alternative payment types mean AcceptEmail customers are now able to pay using many of their preferred currency, language and payment methods, swiftly and simply.

Details

Islamic Swift MT

SWIFT and The Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian Islamic financial community are set to launch a new rulebook for the usage of SWIFT MT messages for Islamic finance. Islamic finance is broadly defined as the financial services designed to comply with the principles of Islamic law. This rulebook will provide greater clarity around SWIFT MT message usage based on Islamic principles in order to enable straight-through processing (STP), thereby improving efficiency as well as reducing risk and cost. It will provide an efficient platform for exchanging Islamic finance messages and further promote the usage of message standards. The SWIFT Islamic Finance Rulebook will be available to the Message User Group (MUG) by the end of 2014, open in all global markets.

Details

Habib MasterCard

Habib Bank Limited (HBL) and MasterCard today announced a partnership which will pave the way for the introduction of MasterCard’s innovative payment tools in Pakistan that will provide a safe, simple and secure payment experience to cardholders. In a major boost for the growth of electronic payment solutions in Pakistan, HBL, under the new collaboration will issue over 7 million MasterCard payment cards in five years including debit cards that will feature the highly-secure EMV Chip and Pin technology, prepaid cards, premium debit and prepaid cards as well as companion cards issued by HBL Express, the branchless banking arm of HBL. HBL will also be issuing MasterCard payment solutions specifically for students and the youth.

Details

hyperWallet + MetaBank

MetaBank’s payment solutions division Meta Payment Systems® recently signed an agreement to partner with hyperWALLET. Providing domestic and international mass payment solutions for corporations, HyperWALLET suits all the bank’s needs. The Sioux Falls-based financial company will become hyperWALLET’s second issuing bank in the United States, issuing corporate payment cards and facilitating ACH payments for their business clients.

Details