payments - page 17

Fintech & Ecommerce

SumUp Partners Adyen to Speed Up Payouts for Global SMEs

SumUp and Adyen established a strategic partnership to provide small and micro merchants in Europe and the UK with faster access to their money and full control over their finances.

Articles

Speed, Security, Satisfaction: The Triple S of Digital Payments in Gaming

With the gaming industry constantly growing, it is only proper for the movers and operators to constantly seek innovation to improve the processes within.  One innovation that brings forth convenience, security, and real-time speed is the incorporation of digital payment solutions into the industry. In an era where digital integration is key, providing gamers and […]

Articles

Fintech Startup Ecosystem of Algeria

Algeria’s fintech ecosystem may not be as robust as in some developed markets. However, the country has significant potential for mobile banking and payment solutions. With sufficient investment and continuous support from the government, Algeria has all the chances to gain a significant share in the global fintech sector.  Opportunities for Fintech Startups in Algeria […]

News

Alipay+ and Hyundai Department Store Join Marketing Efforts

Alipay+ signed a Memorandum of Understanding (MoU) with Hyundai Department Store to expand customer interaction and strengthen the parties’ global positions.

Fintech & Ecommerce

The Efficiency of iDEAL: Netherlands’ Preferred Payment Solution

Payment options and available methods can be a huge factor in achieving success for businesses that look to enter the Dutch market. While this statement can be considered true for businesses operating worldwide, the Dutch have really shown a loyalty to one certain type of payment solution in recent years. iDEAL was a revolutionary game-changer […]

Articles

Highly Recommended Payment Gateways in UAE 2024

The e-commerce sector in the United Arab Emirates (UAE) is currently experiencing a significant growth spurt. It’s a bustling industry that is rapidly expanding, with projections indicating that it is expected to reach a market volume topping a staggering US$6,854.2 million by the year 2027.

Blockchain & Crypto

PayPal USD Now Available on Solana

PayPal’s stablecoin, PayPal USD (PYUSD), is now faster and cheaper to use as it debuts on the Solana blockchain.

Articles

The Ultimate Guide to Digital Wallets: Types, Features, and Benefits

In today’s fast-paced digital world, carrying a physical wallet stuffed with cash, cards, and IDs is becoming a thing of the past. Enter the era of digital wallets – the convenient, secure, and versatile way to manage your finances on the go. As a tech-savvy individual, I’ve embraced the power of digital wallets and want to […]

Fintech & Ecommerce

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

Blockchain & Crypto

Ghana & Singapore Complete Cross-Border Transaction in Semi-Fungible Token Pilot Project

The Digital Economy Semi-Fungible Token (DESFT) Project between Ghana and Singapore is intended to encourage trade between MSMEs in these two countries.

Fintech & Ecommerce

Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.

News

Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank

Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.

News

Chinese Employees Cash Out CBDC Due to Lack of Utility

Although many state Chinese workers receive their salaries in “e-CNY” CBDC aka digital yuan, survey shows they seldom have chances to use it and often convert it all to physical cash.

News

Mastercard Launches Domestic Payments Processing in China

Mastercard, having established a joint venture, has started domestic payment processing activities in China.

News

Ant International to Expand to Saudi Arabia

The partnership with the Ministry of Investment of Saudi Arabia enables Ant International to expand its e-commerce and digital payment services across the Middle East.

News

BitPay Report Reveals Increased Crypto Consumer Spending

“The 2024 BitPay Spending Report” showed 20% growth in crypto payments from January to March 2024, with certain sectors showing more impressive results.

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.