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payment systems

What are Stellar Path Payments?

August 8, 2023 by Adam Tracy
Stellar Path Payments

Stellar Path payments are a feature within the Stellar blockchain platform that allows users to send a payment from one asset to another through a specified sequence of intermediate assets.

Categories Cryptocurrency, Fintech, Payments Tags compliance, crypto, cryptocurrency, payment service provider, payment systems, payments, payments license, stellar

What is a PayFac?

June 19, 2023 by Adam Tracy
PayFac

A payment facilitator, also known as a PayFac, is a type of service provider that enables businesses to accept electronic payments, including credit card transactions, on behalf of sub-merchants.

Categories Payments Tags banking, mastercard, payfac, payment facilitator, payment service provider, payment systems, payments, visa

China UnionPay

June 15, 2023 by Adam Tracy
UnionPay

UnionPay is a Chinese financial services corporation that operates a global payment network called UnionPay Network. It was established in 2002 and is now one of the world’s largest payment card issuers, competing with international networks like Visa and Mastercard.

Categories Payments, Uncategorized Tags banking, china, money transfer, payment service provider, payment systems, payments

Regulatory Sandboxes

May 24, 2023 by Adam Tracy
Regulatory Sandbox

A regulatory sandbox is a controlled environment or framework created by regulatory authorities to allow fintech companies to test and experiment with new products, services, or business models in a supervised and flexible manner.

Categories Fintech Tags crypto, cryptocurrency, electronic money issuer, fintech, payment service provider, payment systems, payments, payments license

PSD2 & EU Payment Services

May 23, 2023 by Adam Tracy
PSD2 Payments

(PSD2) is a regulatory framework introduced by the European Union (EU) to regulate payment services and promote innovation in the financial industry.

Categories Payments Tags banking, electronic money issuer, emi, EU, payment service provider, payment systems, payments, payments license, psd2

Money Transmitter Licensing Options: Direct Licensing

May 19, 2023 by Adam Tracy
Money Transmitter Licensing

State money transmitter licenses are generally required for businesses that engage in activities related to the transfer of money or monetary value.

Categories Payments Tags crypto, cryptocurrency, e-money, electronic money issuer, Money Service Business, payment service provider, payment systems, payments, payments license

Understanding E-Money Systems in Africa

May 10, 2023 by Adam Tracy
E-money, also known as electronic money, digital money, or virtual currency, refers to a form of currency that is stored electronically and can be used for online transactions or as a substitute for physical cash.

E-money, also known as electronic money, digital money, or virtual currency, refers to a form of currency that is stored electronically and can be used for online transactions or as a substitute for physical cash.

Categories Africa, Payments Tags africa, banking, crypto, cryptocurrency, digital curerncy, e-money, payment systems, payments, virtual currency

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Blockrunner, LLC., is a financial services match-making marketplace and consulting company. We are not a bank, FI/NBFI, Payment Service Provider, deposit taking institution, trust, or money services business of any kind. We are not regulated by any financial regulator. Banking, Payment, Processing, and Licensing services are provided by our participating members. This website is for informational purposes only and does not constitute legal advice. If you need legal advice, please consult a licensed attorney in your jurisdiction.