payments - page 3

Fintech & Ecommerce

Google Wallet to Facilitate Age and ID Verification

Google Wallet expands its functionality with ID passes for the UK market, and mobile IDs spreading to more U.S. states.

Blockchain & Crypto

Mastercard Advances Stablecoin Infrastructure

Mastercard introduces new end-to-end capabilities that can make stablecoin payments as seamless as everyday fiat transactions.

News

Amazon Reportedly Invests $41 Million in Amazon Pay India

The media published information according to which Amazon invested Rs 350 crore (about $41 billion) in Amazon Pay India.

News

Stripe Expands Partnership With Tencent and Weixin Pay Availability

From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.

News

Swift Enhances Case Management to Optimise Payment Investigations

Swift estimates that adopting Case Management early could help the financial industry save more than $600 million each year in operational and liquidity expenses, while also potentially increasing gross revenue by 3–5%.

News

Toku Raises $48 Million

Toku raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Chile, Brazil, and Mexico.

Blockchain & Crypto

AEON Teams Up with Stellar to Grow Web3 Mobile Payments in Southeast Asia

AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.

News

Checkout.com Boosts eBay Global Payment Platform

Millions of buyers and sellers around the world using the eBay platform will have even more seamless e-commerce experiences, as the marketplace partners with Checkout.com.

News

Klarna Expands In-Store Presence With Clover

Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.

Fintech & Ecommerce

PayPal & TerraPay To Power Real-Time Cross-Border Payments Across MENA

Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.

Blockchain & Crypto

Jack Dorsey Pushes Signal to Launch Bitcoin Payments

Jack Dorsey, a cryptocurrency entrepreneur, and former Twitter chief executive officer, encourages Signal Messenger to integrate Bitcoin for peer-to-peer (P2P) payments, which could potentially contribute to the shift as part of the crypto strategy of the virtual platform away from altcoins.

Fintech & Ecommerce

Shopify and Affirm Expand Pay-Later Pact

Affirm and Shopify have expanded their pay-later offering outside the United States.

Fintech & Ecommerce

Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom

PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.

Fintech & Ecommerce

Klarna Partners With Aritzia to Make Everyday Luxury Fashion More Accessible

Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.

Fintech & Ecommerce

Mastercard to Tackle Payment Fraud in Australia With Biometrics

In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.

News

Spreedly and EBANX to Promote Local Payments in LatAm

The open payments platform Spreedly has teamed with the payment service provider EBANX.

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.