Visa and Mastercard Allegedly Spend Millions to Block Competition
Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.
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First Abu Dhabi Bank Completes Programmable Payments Pilot
First Abu Dhabi Bank has announced the successful completion of a pilot project for the use of programmable payments with JPM Coins through Onyx by JPMorgan.
Travala Ticketing Service Integrates With Solana to Expand Crypto Booking Options
Crypto-based online travel ticketing service Travala partnered with Solana blockchain to enable travellers to book hotels and flights using Solana tokens along with some major stablecoins.
USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.
How Can You Send Money Through Gmail?
Gmail offers a convenient money transfer feature specifically designed for users in the United States, seamlessly integrating Google Pay functionality into the familiar email interface. This integration allows for effortless fund transfers by enabling users to attach money to their emails, much like attaching a file or document. The process is straightforward and user-friendly, mirroring […]
Form3 Raises $60 Million
Form3 has completed an extension of the $60 million Series C funding round.
The Safest Online Money Management and Payment Options
If you know how to use them, e-wallets and money management apps can save you a lot of time and money. There are plenty of them out there, each with their own strengths and weaknesses. Part of the challenge is figuring out which one is right for your needs, whether those include personal finance, business […]
Why Remittance Players Are Not Interested in AI?
The payment industry is eagerly embracing artificial intelligence (AI) technology, implementing its unique capabilities into almost every aspect of external and internal processes to boost efficiency. Yet, some of the fintech players are more reluctant to introduce AI than others. In particular, the lack of interest and adoption is striking with remittance companies.
Shoplazza Partners Stripe for Payment Solution
Shoplazza Payments powered by Stripe provides real-time insights into e-commerce operations and improves the acquisition and settlement of online orders for businesses.
Stablecoin Payments Near $1B in Singapore
The second quarter of 2024 saw record stablecoin payments in Singapore, showing an over 5,000% surge compared to the same period last year.
Does Payment Card Co-Branding Influence Retail Decisions?
Did you know that every third American citizen owns a co-branded credit card from their favourite retailer, warehouse club or airline? Brands eagerly enter partnerships with payment providers to issue their own credit solutions. Today, we wonder if this practice still makes sense amid the abundance of multi-purpose payment products. Do co-branded cards fulfil their […]
Amazon Expands Just Walk Out Technology to More Stadiums and Universities
More NFL fans and university students in Seattle, Washington and Baltimore will be able to skip the checkout lines with the help of AI-enabled Just Walk Out technology from Amazon.
Visa to Promote Digital Payments in India
Visa is currently partnering with companies such as Paytm and PayU to promote digital payment practices in India.
Google Expands Partnership With UPI
Google Pay has presented several new offers through the Indian United Payments Interface (UPI).
Mastercard to Pilot Payment Passkey Service in India
India was chosen as the first country to experience the benefits of the new Mastercard Payment Passkey Service to facilitate payment authorisation and make online shopping more secure.
PayMate & NBBL Launch BBPS-B2B Platform for Businesses in Digital India
The PayMate BBPS-B2B platform aims to standardise and digitise nationwide commercial processes related to invoicing, payment initiation, collection, reconciliation and settlement.
Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies.
Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive.
These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.
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