Travelex Launches Multi-Currency Travel Money Card in Japan
A foreign exchange company Travelex has introduced its prepaid foreign multi-currency card, accepted in more than 210 counties and regions worldwide, to the Asian market of Japan
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NatWest Updates Payment Infrastructure With Low-Code Framework
NatWest has partnered with the Icon Payments Framework (IPF) to modernise its payments system in compliance with the new global ISO 20022 payment data message standards.
X Now Has Seven State Licenses For Payments Including Crypto
X, former Twitter, platform is on its way to transforming social media into a financial super app. With the latest license approved in Rhode Island, X can provide financial services in seven US states
Safaricom Launches Mobile Money Service in Ethiopia
Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.
N26 Integrates iDEAL Online Payment Standard
German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL
QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
UK Lolly POS Terminals Now Support Bitcoin Lightning Payments
UK Customers now have the option to pay for their purchases using the Bitcoin Lightning network alongside conventional cash and card methods at all Lolly tills and kiosks
JPMorgan Representative Says About Problematic of Healthcare Payments
Brad Garfield, managing director and head of medical solutions at JPMorgan Commercial Banking, said there are many opportunities to improve the user experience in the healthcare sector in the financial aspect.
FinTech Startup Yeeld Partners With Airwallex to Accelerate Global Payments
Fintech startup Yeeld announced the beginning of cooperation with the financial company Airwallex in order to accelerate global payment operations and other transactions for customers.
Clara Reportedly Launches Cross-Border Payments in Mexico
The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.
What To Consider When Picking Your Website’s Payment Options
The checkout process is one of the most important steps in your customer journey, and the one that can cause the most friction if done wrong. Modern users expect to find a selection of payment options available at checkout to complete their purchase.
OpenSea to Disable Royalty Enforcement
OpenSea creators will no longer be able to blacklist NFT marketplaces that don’t enforce royalty payments
Payoneer Singapore Receives MAS License
The new license will enable Payoneer Singapore to enrich the scope of its products and roll out several new services in the country
Binance’s Paytech Arm Binance Connect Shuts Down
Binance Connect (former Bifinity) has been functioning for about a year before the company decided to shut down its operations: what are the reasons for such a decision?
Understanding the Benefits of Opening a Bank Account Online
In today’s digital age, the convenience and accessibility of online banking have made it easier than ever for small to medium-sized business owners to manage their finances efficiently. Opening a bank account online brings many advantages, from saving time and effort to enjoying enhanced security measures. In this article, we will guide you through the […]
Matera to Boost Instant Payments With AI via Cinnecta Acquisition
Matera acquired Cinnecta for an undisclosed amount to enhance its instant payments and QR-code payments solutions with AI capabilities
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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