Austrian banking group RBI to acquire payments provider Akcenta
Austrian banking group Raiffeisen Bank International (RBI) has agreed to acquire Czech-based foreign exchange (FX) and payments provider Akcenta. The…
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FSS and Fair Play Pay tie up to secure online payment processing
Indian payment solutions firm FSS Technologies has teamed up with Czech Republic-based payments firm Fair Play Pay to secure online…
Czech Republic: Debit cards lead as pay-later adoption lags behind
Cash remains the preferred payment instrument in the Czech Republic, accounting for 62.1% of the total payment transaction volume in…
ByPayments app Twisto bags €14m Series B funding
Czech mobile payments app Twisto has secured €14m funding in a Series B round. Finch Capital led the funding round,…
Wirecard offers Apple Pay support for mobile payment firm Twisto
Czech mobile payment provider Twisto has collaborated with payment service provider Wirecard to offer Apple Pay to its users. In…
Czech Republic: Card use rises as consumer preference shifts
Cash remains the preferred method of consumer payment in the Czech Republic, accounting for 65.9% of total transaction volume in…
ByWirecard provides contactless payment solution for Twisto
Wirecard, a Germany-based payment technology company, has collaborated with Twisto to offer contactless payments through credit cards and wristbands at…
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Czech-ing into robust cards and payments growth in Central Europe
The Czech economy has registered robust growth since 2014, supported by a decline in oil prices, increased investment activity, and…
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