Latest news with #APMs
Business Standard
24-07-2025
- Business
- Business Standard
Tazapay Named in CNBC's List of World's Top Fintech Companies 2025
PRNewswire Singapore, July 24: Tazapay, the global payments platform simplifying cross-border trade, has been named in CNBC's World's Top Fintech Companies 2025, a prestigious ranking developed in partnership with Statista. The list features top fintech leaders across eight categories shaping the future of finance. Tazapay was recognized under the Payments category--validating its position as the trusted choice for digital businesses expanding globally. "This recognition speaks to why our customers choose us," said Rahul Shinghal, CEO and Co-founder of Tazapay. "They don't just need a payment gateway--they need a compliant, scalable, and interoperable infrastructure that lets them move quickly across borders." From high-growth platforms to established global brands, businesses across industries--travel, gaming, e-commerce, and beyond--trust Tazapay to simplify cross-border payments and eliminate barriers to scale. Whether expanding globally or managing complex payment flows, Tazapay delivers a seamless experience--without the need for local entities or fragmented setups. Key reasons customers choose Tazapay: * No local entity required - expand globally without setting up in-market operations * Fiat and stablecoin interoperability - send or receive funds flexibly, even when flows start or end in different forms * Local payment collection in 80+ countries via APMs apart from cards, and bank transfers * Named virtual accounts in 35+ currencies for efficient fund holding and liquidity management * Global payouts in 100+ currencies with real-time tracking and built-in compliance * Single integration, enabling faster go-live and unified operations across geographies Licensed by the Monetary Authority of Singapore (MAS), Tazapay supports businesses globally, with strong adoption across Southeast Asia, India, the Middle East, and other high-growth markets.
Time Business News
15-07-2025
- Business
- Time Business News
How Banks & Fintechs Can Win Remittances with APMs
The global remittance market is booming. In 2024, remittance flows to low- and middle-income countries reached $656 billion, according to the World Bank. That's a massive opportunity. But here's the catch: your customers are no longer satisfied with old-school methods. They want faster, cheaper, and easier ways to send money. That's exactly where Alternative Payment Methods (APMs) come in. They are literally changing the remittance game. If you want to win in this fast-evolving market, you need to know how to use APMs to your advantage. And that's what we are going to do in today's blog. In this blog post, let's explore what APMs are and how they can take your cross-border remittance business to the next level. Are you excited? Let's spill the beans. APMs are non-traditional ways of transferring money. They include mobile wallets, QR codes, direct bank transfers, and other digital rails. Unlike cards and cash-based methods, APMs support faster and more affordable remittance flows. They give your customers the power to send and receive money anywhere, anytime, using methods they trust and use every day. Most importantly, alternative payment methods aren't just about convenience. They are essential if you want to stay relevant in today's remittance market. Okay, so now that we have brushed up on APMs, let's touch upon why traditional remittance models are fading away. The old cross-border remittance methods are no longer enough. Customers now expect speed, transparency, and lower fees. Here's why the traditional model is falling short. Traditional remittance often goes through multiple banks and intermediaries. And every step adds delays and costs. In many corridors, fees still go beyond 6%, which is way above the UN's 3% target. Supposedly, if your service is slow and expensive, then customers will look for faster and cheaper alternatives. Many people still don't have access to formal banking systems. They still have to follow traditional bank-to-bank transfers. And this limits your reach. On the other hand, mobile-first APMs like M-Pesa allow users without bank accounts to participate. If you stick to the old way, you're missing out on a huge untapped market. Winning in the remittance space means thinking beyond traditional rails. These strategies can help you stand out and grow faster. APMs help you go global without needing a physical presence. You can accept and pay out in local methods across countries, mobile wallets in Kenya, and QR in Brazil. This flexibility lets you offer true cross-border remittance services that match local preferences. Customers love it when they get to choose how they receive money. One of the main reasons for high cross-border remittance fees is the involvement of intermediaries. However, thanks to APMs. They reduce costs by eliminating intermediaries with the introduction of their direct channel. You can also avoid SWIFT fees and unnecessary currency conversions. That's one way to lower the costs and platform fees for your customers. Plus, when your operating costs drop, you can offer better rates to your users. That gives you a big edge over competitors. And yes, customers always notice the difference in fees. Customers expect real-time transfers, not next-day or three-day settlements. And APMs let you offer instant or near-instant delivery through modern rails. Moreover, APMs like PIX and Faster Payments make real-time remittance a reality. This boosts satisfaction, builds trust, and increases repeat transactions. Most users in Africa, Asia, and Latin America use mobile money daily. Many don't even have a traditional bank account. With APMs, you can reach these mobile-first users. Mobile wallets, USSD codes, and agent networks make your service accessible to everyone, not just the banked population. This further expands your customer base in a way that bank-only systems can't. Now comes the main part of any digital payment service: loyalty. It's a never-ending process, and the loop goes on and on. When you have a well-built platform that supports easy APM options, customers will definitely stick to your services. You should give your customers real-time updates. Plus, show fees upfront. Offer local language support. And make sure your service works on any device. To win with APMs, you need the right foundation. That means choosing a cross-border remittance platform that supports your goals. So here's what you should look for in a remittance software for seamless APM integration: Your platform should support mobile wallets, instant bank transfers, QR codes, and region-specific methods from the start. You shouldn't waste time doing separate integrations. The platform must handle it all under one roof. So, you must choose a provider who offers you easy and flexible integration into the system. You should choose a platform that connects smoothly with your existing systems. An API-first design helps you go live faster and scale quicker. On the other hand, interoperability ensures you can serve new corridors without technical headaches. Regulations vary across borders. A reliable platform helps you manage KYC, AML, and licensing requirements in every market you serve. This saves you time, avoids penalties, and builds trust with regulators. Your platform must support real-time transfers using APM rails. So you should look for providers with low-latency processing, instant payouts, and 24/7 uptime. That's the level of performance your users now expect. If you're still relying only on traditional remittance rails, you're holding your business back. You're missing out on faster settlements, wider global reach, lower costs, and millions of unbanked or mobile-first users who prefer APMs. Your customers want speed, flexibility, and transparency, and APMs deliver exactly that. By integrating them into your cross-border remittance platform, you not only meet expectations but exceed them. The future of remittance is already here; it's digital, interoperable, and APM-powered. Don't stay behind while others move forward. Choose smarter payment rails. Win the remittance market now. TIME BUSINESS NEWS
Cision Canada
10-07-2025
- Business
- Cision Canada
Nuvei Partners with flaconi to Power Beauty and Fragrance Retailer's European growth
Nuvei's global reach and industry-leading payment method connectivity enable flaconi to grow across Europe , July 10, 2025 /CNW/ -- Nuvei today announced an expanded strategic partnership with flaconi, one of Europe's leading online retailers for beauty and fragrance. Since partnering with Nuvei, flaconi has achieved an impressive 30% year-over-year revenue growth in 2024, and the expanded agreement will further support its growth across additional European markets. As flaconi's payments partner, Nuvei empowers consumers to make online purchases using cards and all major regional alternative payment methods (APMs) in each market where it operates. Already operating successfully in Germany, Austria, Poland, France, Switzerland, the Netherlands, and Belgium, flaconi celebrated its recent launches in Denmark, Sweden, Finland, the Czech Republic, and Italy in 2025 — all through a single integration into Nuvei's core platform. Nuvei's Authorization Optimization Suite enables flaconi to optimize its payments function and accelerate revenue growth. The solution leverages advanced fraud prevention and seamless transaction processing to enhance the customer experience and increase conversion rates. "Our expanded partnership with flaconi highlights Nuvei's role in helping leading brands succeed in eCommerce," said Phil Fayer, Chair and CEO of Nuvei. "Since partnering with us, flaconi has achieved impressive revenue growth. We're proud to support them with seamless, locally tailored payment experiences that help them connect with customers across Europe, however they choose to pay." "In the competitive beauty and fragrance eCommerce space, providing frictionless payment experiences is essential for customer satisfaction and business growth," added Sven Roseman, CTO flaconi. "Nuvei's comprehensive payment solutions and local market expertise have been instrumental in our European expansion strategy, allowing us to offer our customers their preferred payment methods while streamlining our operations across multiple markets." About flaconi With over 4.5 million active customers, flaconi is the leading online shop for beauty and perfume in Germany. The online shop's extensive portfolio includes around 1,000 national and international brands and 50,000 products. Founded in 2011 as one of the first online perfumeries, flaconi today successfully continues its history as one of the largest holistic beauty online pure players in Germany. flaconi is proud to work with around 700 employees from 60 different nations at its headquarters in Berlin-Charlottenburg and at its logistics centre in Halle. The online shop has won numerous awards and is represented in Germany, Austria, France, Poland, Switzerland, Belgium, the Netherlands, Denmark, Sweden, Finland, the Czech Republic and soon in Italy. About Nuvei Nuvei is the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.
Techday NZ
18-06-2025
- Business
- Techday NZ
Ecommpay shortlisted for best eCommerce payment solution award
Ecommpay has been shortlisted as a finalist in the Best eCommerce Payment Solution category at the 2025 eCommerce Awards. The inclusion of Ecommpay as a finalist highlights the company's recent enhancements to its payment journey, focusing on addressing transaction drop-offs and providing flexibility for users globally. Judges have recognised features such as the 'Try again' option for failed payments and the dynamic presentation of currency choices to consumers making international purchases. The eCommerce Awards recognise achievements and developments in the online retail industry, highlighting solutions and products that have made a discernible impact on how merchants and consumers interact within digital marketplaces. Payment journey improvements Ecommpay's platform integrates over 100 Alternative Payment Methods (APMs), which are accessible through a single interface. This enables merchants to serve customers across multiple regions using their preferred local payment methods. Within the checkout experience, customers can select not only the payment method but also the currency in which they pay, improving transparency and customer satisfaction by matching the transaction with the card's currency where possible. The 'Try again' feature introduced by Ecommpay allows for real-time responses to failed payments during the checkout process. Shoppers are given the opportunity to retry the same payment method or seamlessly select a different option, rather than abandoning their purchase. This process is designed to reduce declines, minimise cart abandonment, and create a smoother purchasing journey for both merchants and end-users. Industry recognition Speaking about the company's approach, Moshe Winegarten, Chief Revenue Officer at Ecommpay, stated: "Merchants need access to comprehensive and well-performing Alternative Payment Methods (APMs) for every region in which they want to trade, and Ecommpay is committed to delivering exactly that. We build our solutions inhouse, from the ground up, in response to real customer and merchant needs, helping customers to pay in their preferred way and reduce drop-offs. This shortlisting recognises the importance of the new features we have added to our payment platform." Ecommpay builds its payment solutions in-house, aiming to streamline operations for merchants and simplify the payment experience for consumers. This internal development approach provides support for both global and local acquiring, and payment processing is delivered through a single API connection. Industry observers have noted that flexibility in payments, local currency options, and seamless retry features are increasingly regarded as vital components for merchants seeking to expand internationally and mitigate failed transactions. Award ceremony The winners of the 2025 eCommerce Awards will be announced in London, where industry professionals will attend an event aimed at highlighting the work undertaken by businesses in the payments and online retail technology sector. Ecommpay, through these enhancements and inclusion as a finalist, continues to be recognised for its focus on customer journey improvements and payments integration capabilities for merchants operating in diverse global markets. Follow us on: Share on:
Fashion Value Chain
07-06-2025
- Automotive
- Fashion Value Chain
India's Emerging AI Integrated IoT Company – APM Group Re-Brand Launch
APM is India's first company to build smart IoT products through Artificial Intelligence. APMs journey is about keeping simple values with smart new technology. While many companies focus on just selling products, APM builds complete solutions from scratch. They have their own teams for both software and hardware, which means they dont depend on anyone else to bring their ideas to life. Everything from designing to developing, testing, and finally manufacturing is done within the sample. This gives them full control to make sure every product is reliable, strong, and smart. Using advanced technology, APMs IoT modules help improve safety, efficiency, and performance across many industries. APM Group | IOT Brand Launch | Birth Marque | Shailendra shivakumar APM provides a range of additional IoT-enabled modules designed to enhance vehicle intelligence and safety. The 4G WiFi Module enables high-speed wireless connectivity in vehicles. The Load Sensor is built to measure axle load or suspension pressure in real-time. The Auto Dipper automatically adjusts headlight intensity based on ambient light and oncoming traffic. APM systems integrate features like speed monitoring, engine diagnostics, predictive alerts, and accident prevention mechanisms, enhancing road safety for drivers, passengers, and cargo. The company's AI-powered solutions provide real-time insights into vehicle health, fuel consumption, engine performance, and driver behavior helping fleet owners make data-driven decisions for smoother operations. APM systems also enable real-time tracking of machine health, operational efficiency, and predictive maintenance, which reduces downtime and maximizes productivity across industries like logistics, agriculture, and manufacturing. Their smart solutions are trusted by top automobile companies across India for helping to reduce costs, prevent breakdowns, and improve safety. Today, APM's smart technology is used in over 1.2 million vehicles across 28 states and 2 union territories in India. Their growing network of 1,600+ trusted dealers ensures nationwide support. APM is also expanding into international markets, including Asia, the Middle East, and Africa-proving that Indian innovation is making a global caters to a diverse range of industries like Automobile, Agriculture, Logistics, Healthcare, Retail, Aerospace, Construction, Energy & Utilities, Pharmaceuticals, FMCG & much more. APM also builds user-friendly apps and interfaces so you can easily check everything about your vehicle from your phone. APM believes in building a safer, smarter, and more connected world not limited to the automobile industry alone, but also across a wide range of sectors, including manufacturing, healthcare, logistics, and more. Their goal is to continue improving technology that benefits everyday users and businesses, making transport safer, more reliable, and more eco-friendly, with ongoing research and development. The leadership team of APM is headed by Mr. Mohamed Kaja, CEO of APM Group who guides the company with a clear vision for the future. Mr. Ramesh leads the production team. He makes sure that products are made efficiently and at a high quality. Mr. Satham Hussain is the head of software development. He specializes in creating mobile apps, and custom solutions for the Internet of Things (IoT). Mr. Nazrudeen handles marketing and works on building the company's brand and reaching more customers. Mr. Jegurudeen, is in charge of Human Resources (HR) and Administration. He ensures smooth management of people and company processes. APM is committed to leading in technology while also caring for nature. One example of this commitment is its partnership with the Plant a Billion Trees (PABT) initiative. Plant a Billion Trees (PABT) is a large-scale environmental initiative dedicated to combating climate change, restoring ecosystems, and improving air quality by planting a large number of trees. At APM, for every product sold, a portion of the proceeds directly supports the Plant a Billion Trees Green Movement. The PABT initiative was founded by Mr. Shailendra Shivakumar and Mr. Velraj Murugan, who have joined hands with Mr. Mohamed Kaja to drive this revolutionary movement forward. The Ministry of Environment, Forest and Climate Change has approved PABT for appreciated driving this revolutionary moment This inspiring story has been published by Birth Marque, Chennai's leading marketing agency. As the tech force behind the rebranding, Birth Marque marketing agency stands out not only for its creativity and ideation but digital marketing services also for its execution-setting benchmarks beyond the standards of other branding firms.
