Barclays Reveals Contactless Payments Trends
New data from Barclays, which enables nearly half of the UK’s debit and credit card transactions, reveals that a record 91.2% of all eligible card transactions were contactless in 2022
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FCA Grants UK E-Money License to Payoneer
The Payoneer company, which specializes in providing financial services for cross-border transactions, got the license for electronic money (EMI) with the approval of the Financial Supervision Authority (FCA) in Great Britain.
Amazon and Google Get Payments Clearance in India
Google and Amazon have received permission to expand the scope of their online payment systems in India.
PPRO Integrates With TossPay to Extend Global Cross-Border Payments Infrastructure to South Korea
UK-based fintech PPRO has extended its payment infrastructure to the South Korean market through integrating with Toss Pay, one of the most popular e-wallets in the country
India & Singapore to Officially Link Payment Systems
Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity
Shift Raises A$27 Million
Shift, a provider of credit and payment platforms for Australian businesses, has attracted investments in the amount of AUD$27 million following the results of the Series C financing round.
Apexx Global to Offer Trustly’s Recurring Payments Method to Merchants
APEXX Global, a platform for organizing payments, announced the beginning of cooperation with Trustly, a global payment platform for digital transactions between accounts (A2A).
UK Fintech Investment Declines 56% in 2022
UK, which had managed to maintain robust levels of fintech investments longer than its European counterparts, saw investment numbers sharply fall last year
PhonePe Raises $100 Million
The Indian digital payments platform PhonePe attracted investments for $100 million.
Visa Partners With Tingo Mobile to Expand Digital Payment Channels Across Africa
Visa partnered with local agri-fintech Tingo Mobile to improve access to digital payments and financial services and drive financial inclusion across Africa
Westpac Adds BNPL Functionality to Credit Cards
Westpac is giving credit card owners the opportunity to pay off their bills in four monthly BNPL instalments
Visa Partners With Wirex to Issue Crypto Debit Cards
The partnership will expand to the U.K. and the APAC.
Bitcoin supporting payments – clarify the statement!
Cryptocurrencies like bitcoins have made their home in people’s hearts by providing them with the safest means of making money. Moreover, people look over the high fluctuations of bitcoin prices because of the profits it can provide to them. Therefore, even though the risky investment of bitcoin is not so suitable for making trades every […]
Apple Pay Set to Launch in South Korea
In the coming months, Apple Pay will be launched in South Korea with the support of Hyundai Card.
Paysend Partners Purpl for Lebanon Money Transfers
The partnership between UK-based fintech Paysend and Lebanese remittance platform Purpl can increase financial inclusion by making international money transfers affordable and convenient
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