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Sweden Bids to Steer Customers Away From Installment Payments Amid Fears Over Mounting Debt

Sweden Bids to Steer Customers Away From Installment Payments Amid Fears Over Mounting Debt

“As e-commerce has continued to grow across the Nordics, many online shoppers in Sweden have become used to paying for their purchases with credit by selecting invoices, installments, or any other payment options that allow the consumer to enter into a debt when completing their online payment.Under the new Swedish Payment Services Act, merchants offering [...]

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Our Cash-Free Future Is Getting Closer

Our Cash-Free Future Is Getting Closer

“Fears over transmission of the disease have compelled consumers to rethink how they shop and pay. Retailers and restaurants are favoring clicks over cash to reduce exposure for employees. China’s central bank sterilized bank notes in regions affected by the virus. And governments from India to Kenya to Sweden, as well as the United Nations, [...]

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ALDI Nord Moves In-Store Acquiring in Germany to Fiserv

ALDI Nord Moves In-Store Acquiring in Germany to Fiserv

“Fiserv, Inc., a leading global provider of payments and financial services technology solutions, today announced that ALDI Nord has selected Fiserv to enable all in-store card payments across its flagship German market. In the interest of its customers, ALDI Nord, a global leader in the food industry, decided at the end of June to transfer [...]

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