Payment Ring Users Won’t Replace It With Another Payment Method
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
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Chinese Borrowers Reportedly Face Ban on Mobile Payments
Media reports that in China, millions of local consumers are faced with the problem of blocking access to mobile payment apps.
How Deepfake Scams Affect the Payment Industry and What Can Be Done
Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology?
Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical
A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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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