Mobile Money Grows Faster Than Expected: Report
The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion
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Armenian Ardshinbank Enables Merchants to Accept Payments on Android Devices
DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay
Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option
Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.
Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert
Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.
Celerant and Sezzle Partner to Help Retailers Offer BNPL
Celerant Technology has partnered with Sezzle to enable retailers to offer customers Buy Now, Pay Later (BNPL) services.
Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform
Shopify has announced the addition of Melio’s built-in financial offer for B2B to its trading platform.
Apple’s Tap To Pay Goes Live in Taiwan
Taiwan has become the second country after the USA where merchants are able to accept in-store contactless payments on their iPhones using Apple’s Tap to Pay solution
Unlimint to Provide Payment Services in Nigeria: License Secured
Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market
Understanding High-Risk Payment Industries
When starting an online business, it can be easy to assume your overheads will be low. Yet one unexpected drain on your resources you may underestimate can be payment processing. You may also be shocked to find out that you are considered a high-risk merchant. But what does this mean and how can you get […]
Bank of England Finds New Use Cases for DLT in Synchronised Settlement
The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.
Credit Agricole and Worldline to Create Merchant Payments Joint Venture
Currently, Credit Agricole and Worldline are negotiating the creation of a joint venture that could become a major payment operator providing financial services to sales representatives in France.
Toshiba Debuts Mission Control for Retail Intelligence
Toshiba Global Commerce Solutions announced the opening of a new center for retailers-suppliers with improved intellectual capabilities.
Santander Bank Partners With DailyPay to Offer On-Demand Pay
Santander Bank N.A. announced the beginning of a partnership with DailyPay, thanks to which the clients of this financial institution will have access to the on-demand payment service.
Transflo and Comdata Boost the Fright Industry With App-Based Fuel Payment Solution
The amalgamation of Transflo’s mobile app technology for the transportation sector and Comdata’s virtual card capabilities created a new fuel payment solution addressing long-standing issues in the freight industry
Purpl Joins Remitly to Bring Affordable Remittances to Lebanon
The new partnership between two fintechs will enable remittances to Lebanon at a lower cost despite providing a better user experience
Network International in Talks Over £2 Billion Bid
Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.
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