Explore how the fintech sector allows businesses to seamlessly integrate payments into their platforms to create new revenue streams and grow their businesses. Our seasoned authors discuss the top trends in fintech and payments, how your company can leverage fintech-as-a-service, how to create a seamless end-to-end experience within your app or site, and how to turn fintech into a core differentiator for your business.
Revenue, revolutionised If you're wondering what's next to take your website’s sales up a notch, consider an AI chatbot. Picture a tool that not only engages your customers but significantly boosts revenue. AI chatbots are becoming a must-have upgrade. In…
Advancements in AI (Artificial Intelligence) continue to revolutionize different industry sectors, and the field of fintech is no exception. Machine learning, a subset of AI, has long been used to detect trends or for verification services. One of the most…
How Rapyd’s Innovative Platform Overcomes the Unique Payment Challenges in Online Gaming The online gaming industry is a $180.3 billion-per-year titan of online commerce. As the industry expands, it's becoming increasingly evident that traditional payment processors fall short of addressing…
The Future of Global Transactions Real-Time Payments (RTP) are quickly gaining global prominence, addressing the complexities and high costs associated with traditional global payment methods. This shift is driven by the need to overcome the challenges of errors, delays and…
For modern invoicing platforms, the ability to manage and process payments efficiently is a top concern. As businesses increasingly seek streamlined solutions for their financial operations, integrated payments have emerged as a key strategic initiative. What Are Integrated Payments? Integrated…
Explaining the pay-by-bank advantage for merchants. In the ever-evolving digital payment landscape, "pay by bank" is emerging as a favorite alternative payment method, offering both security and convenience. This method, rooted in the concept of open banking, is gaining traction,…
Unlocking New Revenue: How to Make Money with Apps The fusion of technology and finance has given rise to a groundbreaking concept: Embedded Finance. Embedded finance emerged as businesses and developers looked for innovative ways to monetize their applications. By…
Key Findings from Rapyd's Survey on Superapps in the US and UK Sheds Light on How to Meet Consumer Expectations A survey recently conducted by Rapyd offers a deep dive into U.S. and U.K. consumer sentiment towards superapps and reveals…
Understanding virtual bank accounts, a new era in commerce In the dynamic landscape of fintech, virtual accounts are revolutionizing the way businesses handle their financial operations. But what exactly are virtual accounts? Simply put, virtual accounts function similarly to regular…
Take a deep dive into payment orchestration Payment Orchestration refers to a system that provides a single technical framework to trigger, direct, and validate all transactions between merchants, customers, and payment providers. It covers every step of the payments process,…
Decoding the fintech phenomenon and the rise of fintech SaaS companies The term "fintech" has become a buzzword in the ecommerce era. At its core, fintech, or financial technology, refers to the innovative use of technology to design and deliver…
Effectively combine physical and digital ecommerce channels to increase customer satisfaction and revenue growth Welcome to the age of Phygital eCommerce, where stepping into a clothing store means trying on a virtual wardrobe in a holographic mirror, allowing you to…
Shopping on mobile and paying with direct bank transfers. In Colombia, similar to other Latin American markets, consumers reported shopping online about one-third of the time. Fashion, restaurant and food takeout and beauty are some of the top products Colombians…
They’re placing food orders on phones and paying with local app Yape. Similar to shoppers in other markets, Peruvians also shop online regularly. Weekly online purchases either on mobile or computer occur over one-third of the time. Fashion, restaurant takeout…
Argentina eCommerce and Payment Trends 2023 Most Argentinians make online purchases weekly. Research shows that one-third report weekly shopping on their mobile device or computer. Popular ecommerce shopping categories include fashion, groceries, utility payments and ordering food from restaurants. When…
Paying with debit cards and shopping for fashion, beauty and food. Chileans are regular online shoppers with 40% reporting using their phones or computers for purchasing in the last month. Popular shopping categories include fashion, beauty and food takeout. Mobile…
Step-by-Step Guide: Creating Your Rapyd Payment Links The ability to create and send payment links quickly and conveniently is key to keep your business thriving. With Rapyd, you can accept credit cards, bank transfers, ewallets, and over 900 local and…
New Rapyd Research Uncovers The Importance Of Italy’s Most Popular Payment Methods And The Unique Ways Italians Shop Online. With global shopping and ecommerce expected to grow at a compound annual growth rate of 17%, Italy is a market not…
The Danish Market May Be Relatively Small, But This Country Can Spend Big The Danish are some of Europe’s biggest spenders, with about $3126 (€2916) annual online spend per person.1 While more online shopping is done on a computer rather…
Sweden’s Ecommerce Market Is Worth $18 Billion (€16.8 Billion) And Growing Steadily With high English-language fluency, ecommerce merchants worldwide can swiftly adapt sites for this market and communicate easily with shoppers. As for which channel consumers use, 30% of Swedes…
The Dutch Enjoy Low Unemployment And Stable Finances, But Market Competition Is Stiff Over half (54%) of consumers have shopped cross-border, and the value of ecommerce in the Netherlands is estimated at over $28 billion (€25 billion). When it comes…
The Big Gig Continues to Grow In 2021 the gig economy industry was a $355 billion business. It’s expected to balloon to $873 billion by 2028. Besides monumental growth, what gig economy trends can we expect to see from gig…
How fintech solutions can help businesses navigate cross-border challenges and drive growth. Businesses around the world understand that now more than ever, tapping into the global marketplace is crucial. The 2023 State of B2B Cross-Border Commerce report by Rapyd reveals that…
Advances in technology offer companies new opportunities for growth and success. It’s never been more important to stay on top of these developments and explore their possibilities. Right now, the metaverse is expected to be the next big thing in…
New Rapyd research uncovers Iceland’s most popular payment methods and the ways Icelanders prefer to shop and pay With just 344,000 residents, Iceland is a small but influential single-market area.1 Tourism is one of Iceland’s biggest industries, and it’s no…
Merchants be advised: the independent-minded United Kingdom does things differently. The United Kingdom of England, Scotland, Wales and Northern Ireland (UK) is the second-largest economy in Europe and the third-largest ecommerce market in the world, with a value of $239…
In Spain, mobile-friendly commerce is a must and PayPal is a popular way to pay online. The Spanish ecommerce market continues to rebound, reporting an energetic CAGR of 14.2% expected through 2025. After years of sluggish growth from high unemployment…
If you're planning a short-term event, whether that's a market stall, concert, or dining experience, chip & PIN machine hire can make everything that extra bit smoother. Although it might seem like less hassle and expense to have everyone pay…
How fintech APIs will eat the world and how embedded finance will power the next generation of insanely profitable applications. There’s a famous quote from Marc Andreessen of Andreessen Horowitz and the founder of Netscape. In 2011, he said, “software…
Rapyd research reveals the most popular payment methods in Mexico and how Mexicans prefer to shop and pay. While Mexico’s ecommerce market is smaller than neighbors such as the United States and Brazil, it is growing quickly. Thanks to a…
New Rapyd research uncovers Germany’s most popular payment methods and the ways Germans prefer to shop and pay. Germany continues to rank in the top ten of the most profitable ecommerce sales markets worldwide. The tech-savvy population is well-versed in…
Rapyd research reveals the most popular payment methods in Brazil and how Brazilians prefer to shop and pay. Brazil’s massive population of young, tech-savvy buyers offers vast growth potential for international businesses looking to expand their operations. As new technologies…
Grow your cross-border business with Rapyd's country-by-country guide to the most popular payment methods With the continued rise of ecommerce, there are now more payment options than ever before. From contactless payments to digital wallets, merchants need to pay attention…
Announcing Rapyd’s APAC Treasury Solution: Built to help cross-border businesses simplify their global finances. It’s been a whirlwind of adoption since we announced our newest product, a multi-currency Treasury Solution for APAC-based businesses, at Singapore Fintech Festival (SFF) in November.…
Lessons from Rapyd CEO Arik’s Shtilman’s keynote from Rapyd Summit in Lisbon and Rapyd’s roadmap for 2023. The businesses that will survive and thrive in 2023’s challenging economic environment all have one thing in common, resilience. Being resilient means a…
Today, mobile and web applications that provide many services are called Super Apps. Popular in Asia, Super Apps have been top-of-mind for tech leaders with strong opinions on whether this one-app-for-everything approach will take off in the U.S.
Getting favorable terms of payment in international trade can mean the difference between high fees and high profits for businesses. Nearly every cross-border payment method inherently comes with risks and complexities. The risks are intensified for those businesses doing large…
If you run a small or medium-sized business, then you will need a merchant account in order to accept payments by credit or debit card. Why are merchant accounts important? A merchant account is not like a business bank account,…
Global businesses know too well that the more time it takes to send and receive international payments, the more complications there are. Whether through currency risk and fluctuations, negative cash flow impact, economic risk exposure or countless other factors, the…
Ask any service provider about the most frustrating part of running a business. We can almost guarantee their answer: overdue invoices. Cash flow is the lifeblood of any small business. Payment links provide a powerful tool to improve cash flow…
How Simplicity and Interoperability Are Shaping Payment Trends. Our payments infrastructure enables countless transactions across the world every single second – but can businesses and governments keep up with this ever more complex and powerful payments infrastructure? It’s more than…
Discover how multi-currency virtual bank accounts enable better international financial services. Open banking and fintech APIs have revolutionized financial services with countless new products, including virtual accounts. Not to be confused with your everyday online bank account, virtual bank accounts…
Rapyd commissioned Forrester Consulting to survey customers and discover the Rapyd ROI. If you want to do business globally, you will need a fintech partner that enables you to embed local payment methods and financial services beyond just credit cards.…
Listen to the Secrets of Rapyd Agility in this Podcast Interview with Erez Morabia, Rapyd R&D Manager.
Now, any company can be a financial services company. Fintech as a Service (FaaS) allows for any company to use fintech APIs to embed financial capabilities into their existing applications, products and services. FaaS solutions include white-label ewallet platforms, card…
Here's how open banking in fintech is reshaping the global financial sector. For years, merchants and individuals dealt with the complexities of legacy banking operations. Lack of transparency, accessibility and lengthy bank processes pose numerous challenges. Each financial product and…
Looking to get started with Rapyd but unsure of where to start? Get answers to the most common frequently asked questions our new customers and prospects have about accepting payments with Rapyd before creating your account. Whether you're starting your…
Card-issuing APIs make it easier to issue cards, creating an improved experience for your customers, and greater accessibility and control for you. What Are Card Issuing APIs? Card-issuing APIs (Application Programming Interface) are used by businesses of all sizes to…
Contactless payments have seamlessly entered into the customer experience, and now most consumers are happy to pay contactless for items. In fact, customers will often opt to pay contactless for items that are under the £30 limit, rather than enter…
What embedded finance is, how it is taking off in Southeast Asia, and how your company can offer it successfully. Embedded finance is the process by which financial services are built into non-financial applications or platforms. Embedded finance enables companies…
Card issuing drives loyalty, retention in today’s financial services landscape. Did you know that in the U.S. cards are used for almost half of all e-commerce transactions? [JP Morgan]. Worldwide, cards are a key part of a customer's financial experience,…
Learn how marketplaces are transforming financial services - and how you can benefit. The marketplace business model is responsible for the growth and success of tech giants like Amazon, Alibaba and Etsy. Now this business model is set to disrupt…
Virtual cards are a powerful tool to build loyalty, pay remote workers and power innovative commerce experiences. Global card issuing is complex. A successful program requires a country-by-country implementation approach. Rapyd recognizes how complicated the payment industry is and how…
What Do Payment Processing Companies Mean When They Say "Payment Stack?" Simply put, a payment stack is all the components needed to create an online payment solution. There's a variety of payment methods, processes and stakeholders required to create an…
Payment processing services have come a long way since the days of ‘cash or card?’. Here’s everything you need to know about accepting online payments. From credit cards to technologies like digital wallets and real-time bank transfers, these days consumers…
Discover which of the top international Magento payment plugins is right for your business. Merchants looking to present a professional online presence have a wide range of ecommerce platforms to choose from, one of the best of which is Magento.…
How financial businesses of all sizes work together to promote infrastructural growth in the global digital economy. The worldwide online marketplace is buzzing with activity and always on the search for new opportunities to grow and improve the lives of…
Here's what payment pros need to know and how payment orchestration can benefit you. Payment orchestration platforms (POPs) provide a single technical framework that triggers, directs and validates all transactions between merchants, customers and payment providers. Payment orchestration covers every…
By Erez Morabia At the recent annual Agile conference Beyond Agile Israel 2021, I talked about some of the glorious misuses of agile practices I had witnessed in my 7 years of experience as an Agile coach. In this post, I…
4 Key Benefits of Payment-as-a-Service Platforms As the global economy becomes increasingly connected, business owners everywhere cannot afford for their payments systems to lag behind. More complex compliance demands, along with evolving consumer behaviors and increased instances of fraud all…
How financial businesses of all sizes work together to promote infrastructural growth in the global digital economy. The worldwide online marketplace is buzzing with activity and always on the search for new opportunities to grow and improve the lives of…
What is Card Issuing? Card issuing is the process of enabling businesses to issue credit, debit or pre-paid cards to their customers either in the form of physical or virtual cards. The reason why many organizations look into how to…
How financial businesses of all sizes work together to promote infrastructural growth in the global digital economy. The worldwide online marketplace is buzzing with activity and always on the search for new opportunities to grow and improve the lives of…
What is card issuing? Card issuing is the process of enabling businesses to issue credit, debit or pre-paid cards to their customers either in the form of physical or virtual cards. The reason why many organizations look into how to…
The last three years have been an incredible ride for Rapyd. In this short period, we’ve established ourselves as a global fintech player, created the Fintech as a Service category and scaled our business across the globe - all as…
Check Out Interviews and Insights from the Singapore FinTech Festival The 2020 Singapore FinTech Festival grew into a global phenomenon, with 40+ events in Fintech Hubs around the world and 5 days of 24/7 online engagement. Rapyd was proud to…
Rapyd commissioned Forrester Consulting to survey customers and discover the Rapyd ROI. If you want to do business globally, you will need a fintech partner that enables you to embed local payment methods and financial services beyond just credit cards.…
Arik shares his lessons learned in 2020 and how to survive and thrive in 2021. 2020 was a tough year for businesses across industries and around the world. Everyone has faced exceptional challenges and we have had to completely change…
Prepare for the coming wave of internet of things enabled payments. The IoT (internet of things) sector is growing by 15% every year, according to payments and banking analysts (Mercator Advisory Group). There are now more connected devices, like fridges,…
Instant Payout Solutions for Marketplaces and the Gig Economy In a business climate where workers, sellers and contracts aren’t always local, figuring out the best way to make payouts isn’t easy. For businesses working in the gig economy and marketplaces,…
Have you ever wondered how your card payments are processed? Below outlines the steps involved in processing card payments during a transaction. When you pay for a purchase using your card, it appears as though the transaction happens almost instantly after…
A Guide to the ACH How does an Automated Clearing House work? The Automated Clearing House (ACH) system is a network of financial institutions that facilitates transactions between bank accounts. Managed by the National Automated Clearing House Association (NACHA), the…
How Do Credit Card Payments Work for Merchants? When most people think of credit card payment processing, they think of a card scheme, which is a payment network that uses cards, like Visa or Mastercard. But completing a successful credit…
Pay Attention to the Fastest Growing Area of eCommerce When it comes to ecommerce, mobile is the place to be and effective in-app payment solutions are critical to success. Not only is mobile experiencing the fastest growth rates, but it…
COVID-19: A golden opportunity for SMBs? The COVID-19 outbreak has led to an explosion in online shopping. With high streets shut for months, and many bricks and mortar businesses unlikely to recover even after restrictions are lifted, online shopping is…
Mobile payments are fueling a lifestyle and eCommerce revolution – is your company ready? Every day, shoppers around the world are choosing to pay for their items with mobile devices in their hands instead of the cash and credit cards…
Rapyd conducted a survey online in August 2020 to determine how the COVID-19 pandemic had impacted US consumers’ preferences for cash and digital payments. We found that consumers are more eager than ever for merchants to adopt digital payment methods.…
First introduced in 2007, contactless payments have since become one of the most popular payment types If you’ve ever wondered how contactless payments are made; payments via contactless are made by tapping your contactless card or device over a contactless…
Companies that Traditionally Relied on Cards Must Accept Mobile Payments or Risk Being Left Behind US consumers are more eager than ever for merchants to accept mobile payments, ewallets and other alternative payment methods. Merchants that enable customers to pay…
For marketplaces looking to receive payment from customers or pay their sellers locally or overseas, the ability to easily collect and disburse funds in your user’s preferred method is a constant challenge. With global growth comes new regulatory, compliance and…
Meet the Innovators Transforming Fitness and Get Tips for How You Can Too The global digital fitness market will be valued at almost $30 billion by 20221. Digital fitness companies around the globe are growing by offering on-demand content services…
Sending Remittances Overseas Looks Very Different Today than It Did a Few Months Ago As COVID-19 restrictions persist around the world, international remittance companies have had to adjust. For years many people have relied on using cash to fund remittances…
This is the third in a series on the impact of COVID-19 on the digital economy. For more, please read Defying the COVID Economy: These Industries Thrive During the Economic Downturn There’s no denying that the COVID-19 pandemic has done…
This is the second in a series on the impact of COVID-19 on the digital economy. For more, please read Defying the COVID Economy: These Industries Thrive During the Economic Downturn The economic damage caused by the COVID-19 pandemic has…
Rise of Super Apps: The Next Wave Will Be Led by Innovators Who Integrate Fintech into Applications Marketplaces, social media apps, and gig-economy platforms in Asia are adding fintech to their offerings to create new sources of revenue and take…
A boom in local payment methods over the past decade has led to much talk of a cashless future, but digital businesses that avoid cash are missing out on a massive market opportunity. According to the World Cash Report by…
If you’re processing recurring payments or disbursements in the US, your most reliable, consistent and cost-effective option remains ACH. But not all ACH solutions are created equal. The Automated Clearing House (ACH) system is simply the most prolific payment network…
When Rapyd CEO Arik Shtilman ventured into fintech in 2016, he had just sold his cloud computing company and knew little about the world of payments. As a serial entrepreneur, Arik had valuable experience building high-growth technology companies that scale. Since 2016,…
How a fractured fintech ecosystem inspired Rapyd to create Fintech as a Service (FaaS). By Arik Shtilman and the Rapyd Team In what now feels like another lifetime, my co-founders and I learned firsthand just how difficult it can be…
Digitization Is Transforming the International Money Transfer Market The remittance business looks unusual on paper – it requires highly regulated licenses, expensive processing fees, and is usually based on small individual transfers. And yet, remittances came to a grand total…
As wearable payments are becoming increasingly important, retailers must consider the implications of this technology. But how does the wearable payment landscape look like right now? The growth of contactless card usage as well as the slow, steady rise of…
Hospitality is changing every day. As we embrace newer and more advanced technologies, the way we shop, book holidays and do just about everything else has changed. With digital now ruling supreme over just about every aspect of our lives,…
Introducing card payments technology into the business Operating across 11 branches in Dumfries and Galloway, Marchbank Bakers has built up credibility and a loyal customer base over their 61-year history. As a trusted local bakery, Marchbank listened to customers, and…
Generation Z, the 18-25-year-olds, are more likely to take some form of action to actively influence others after a negative in-store or online experience. Our new report looks into the consumer experience before, during and after an in-store or online purchase.…
Here's how UK online lenders can improve their experiences and grow their customer base. In 2018, the UK personal lending market exceeded £200b in size, the largest it’s been since 2008. In fact, personal lending is on the rise around…
It’s easy to imagine that once a transaction is complete, focus on customer service can fall away. In an age when consumers are far more retail-savvy and demanding, this is far from the case. Especially as they also have so…
Gig economy platforms like TaskRabbit and Lyft have made an explosive impact on the US labor market, but financial fragmentation challenges in overseas markets pose a threat to any ambitions they might have for international expansion. As the North American…
Massive amounts of money are channelled into attracting new customers to both online and bricks and mortar retail outlets. Yet it's widely reported that a fraction of that spend can reap a healthy return on investment when it comes to…
The Asia-Pacific e-commerce market has seen explosive growth in recent years thanks to some of the highest consumer technology adoption rates in global history. However, merchants are already experiencing growing pains due to regional challenges. It’s estimated that APAC will…
Trying to get a foot hold – a toe hold, even – in the hospitality business can be hair-raising, scary and frustrating. It is also magical when all your hard work begins to pay off and your little business begins…
Biometrical data is becoming an increasingly frequent way to log into phones and tablets, due to it being quick and unique to each person. What's more, with the popularity of cashless payments exploding in the last couple of years thanks…
We are becoming an increasingly cashless society More and more people are utilising contactless card payments, which means fewer people carrying around physical cash to spend in stores. Therefore, any business that does not cater to people wanting to pay…
A digital age We are living in a digital age where people no longer carry cash or cheque books, and they expect to be able to make contactless payments wherever they go. But for small and medium-sized businesses (SMBs) and…
As with any new technology, when contactless readers and card payments came out there were many who were sceptical about whether contactless technology would be safe when compared to traditional chip and pin methods. Over the last few years, though,…
Bank cards are ever growing as a method of payment in the UK and it is predicted that by 2026, 60 million card transactions will take place in the UK daily. As fewer and fewer people carry physical cash, cards…
The future of chip & PIN technology centres around two main goals in payment processing: to be faster and to be more secure for customers. Many barriers in the way of making such technology faster and more secure have already…
Commercial enterprises can rarely establish a payment delivery platform alone. Here’s how Rapyd’s FinTech-as-a-service solution can help. It’s not easy for small businesses and e-commerce startups to find their footing in today’s digital payment ecosystem. Every FinTech company — from…
If you’re new to the world of taking card payments, then there’s a lot of terminology to get to grips with quickly. One common confusion is the difference between iPOS systems and ePOS systems. Both use card terminals and both can appear…
Running a business can be incredibly challenging. These challenges are only increased when the business is just getting off the ground or is making its first significant expansion. Therefore, many entrepreneurs or owners of SMBs find themselves continuously absorbed in…