payments - page 21

News

Visa Reveals What Extra Benefits Travellers Are Willing to Pay For

Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.

Fintech & Ecommerce

PayGround Raises More Than $19 Million

PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.

Fintech & Ecommerce

Payment Gateway vs. Payment Orchestration: A Comparative Analysis

The payment industry is in a constant state of evolution, driven by technological advancements and changing consumer preferences. As payment service providers (PSPs) seek to stay ahead in this dynamic landscape, they often face a critical decision: whether to stick with traditional payment gateways or embrace the emerging concept of payment orchestration.

News

PaymentSense Intends to Obtain Irish Money Licence

In the foreseeable future, competition may intensify in the payment sector in Ireland, as the British-based company PaymentSense plans to apply to the Central Bank of the said country for a license for electronic money.

Fintech & Ecommerce

Remittance Inflows Surge in Kenya

In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.

Fintech & Ecommerce

Mastercard JV to Process Domestic Payments in China

Mastercard joint entity in China received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to start processing domestic payments in the country.

Articles

Finding The Right Platform Payment Platform For Your Needs

Digital payments have never been easier to do and harder to understand. Every major retailer and most minor ones will accept online payments whether you’re just buying for yourself or doing business, but the number of payment options out there is increasing every year.

Articles

Akurateco is proud to announce its strategic partnership with HAYVN Pay

A global white-label payment solutions provider, Akurateco, is proud to announce a strategic partnership with HAYVN Pay, a regulated cryptocurrency payment solution for businesses, corporations, and institutions worldwide.

Fintech & Ecommerce

Affirm Says About Impact of High-Interest Rates on Demand for BNPL

Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.

News

Mastercard Launches Partnership With NEC in Biometric Payments

Mastercard announced the start of NEC’s partnership to introduce biometric control in the Asia-Pacific region.

News

MetaMask and Xion Global Redefine Web3 Payments in South Africa

Integrating MetaMask into Xion Global’s Web3 payment products gives consumers in South Africa the ability to perform one-off token approvals and enable 1-click web3 payments on any of Xion Pay’s client apps.

Fintech & Ecommerce

Ant Group Partners PayNet for Cross-Border Digital Payments

Travellers with Ant Group’s Alipay+ partner e-wallets from China, Hong Kong, Philippines, Mongolia, Macau, Japan, South Korea and Thailand can now make QR payments at over 1.8 million PayNet’s DuitNow touchpoints across Malaysia

Articles

Cost of Living Payments: Explained

Starting October 31, 2023, select UK households began to receive £300 cost of living payments. Here’s a detailed explanation of who can expect a second round of government support and when the money arrives in your bank account.

Fintech & Ecommerce

Two-Thirds of Businesses to Use Fewer PSPs

The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.

Fintech & Ecommerce

Why Is the US Slow to Adopt Instant Payments?

One of the most progressive countries in the world, the US, oddly is lagging behind emerging economies when it comes to payment innovations. As the whole world is rushing to satisfy the public demand for real-time payments, the USA is taking its time to implement instant money transfers into the national financial system. Why is […]

News

SEPA to Migrate to ISO 20022 Next March

Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.

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.