Sheeva.AI Launches In-Vehicle Payments for Citroën in India
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën cars in India.
Payments
Western Union Connects Virtual Wallets to eSIM Mobile Service
The company eSIM Go has added Western Union digital wallets to its mobile data service.
Mastercard Reveals Fresh Remittance Insights
The new Mastercard report focuses on key trends and opportunities to digitize remittance transfers in Latin America and the Caribbean where cross-border money transfers grow by 10% annually.
Leading Payment Gateways in Nigeria 2024
Before 2012, Nigeria saw a heavy reliance on cash transactions due to limited access to ATMs and intricate traditional banking systems. This led the Central Bank of Nigeria to introduce the cashless policy and led to the creation of the NIP in 2011.
Mastercard Expands Cross-Border Payment Solutions
Mastercard announced the scaling of its solutions designed for international payment transactions.
Revolut Launches Point of Sale iPad App
British neobank Revolut has rolled out an iPad POS application for the hospitality industry which combines payment processing with analytics.
Paytm to Be Third-Party UPI Provider
Despite the ban placed on Paytm Bank, One97 Communications, the parent firm of Paytm, received approval to become a third-party service provider on the country’s Unified Payments Interface (UPI) infrastructure.
Baanx Raises $20 Million
The Baanx company, which specializes in cryptocurrency payments, raised financing for $20 million.
Visa and Western Union Form New Cross-Border Payment Agreement
Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.
Flipkart to Allow Transactions With UPI Instant Payments System
The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.
JPMorgan to Cooperate With Cartes Bancaires CB
JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.
WeChat Palm Payments in a Nutshell
Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.
The Future is Now: 5 Reasons Why Your Business Needs a Virtual Payment Terminal
Forget clunky cash registers and limited payment options. The future of accepting payments for your small business is sleek, adaptable, and accessible from anywhere in the world.
Brazil’s Instant-Payment System Pix Expands Activity
The Brazilian instant payment system Pix may start operating globally in the foreseeable future.
SumUp Reportedly Aims to Raise $1.1 Billion to Refinance Debt
The media reports that the SumUp payment company, which is based in London, intends to raise €1 billion ($1.1 billion) from private creditors.
Top Financial Scams in India
Financial fraud is the major type of cybercrime in India. The value of online financial frauds rose twofold last year, highlighting the lack of coordination between different local regulatory bodies on tackling cyber financial scams. Here are the most outrageous scam cases that recently occurred in India.
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