Binance Partners Ingenico to Enable In-Store Crypto Payments
French POS terminal manufacturer Ingenico has teamed up with the crypto exchange Binance to test in-store cryptocurrency payment acceptance that doesn’t require additional hardware
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Mastercard Partners Immersve to Support Web3 Payments
Mastercard partnered Web3 payment protocol Immersve to enable users to conduct Web3 crypto payments via USDC token settlements
Samsung and Naver to Partner on Mobile Payments in South Korea
Samsung and Naver announced that they have reached an agreement on strategic cooperation in order to combine efforts to maintain the leading positions of these companies in the South Korean mobile payments market.
Phos Brings Tap-to-Phone Tech to US With Thrive Payments
Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US
US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise
The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
Mastercard and Obopay to Launch Prepaid Card in Rural India
Mastercard partnered with mobile money platform Obopay to launch a financial inclusion prepaid card for smallholder farmers and rural communities in India
UK Open Banking Users Swell to 7 Million
In January 2023, more than 1 million residents in the UK used open banking services for the first time in their financial management practice.
Ethiopia Considering Opening Mobile Money Market to Foreign Operators
A consultative meeting will be held in Ethiopia by the end of February, during which the prospects of the mobile money market in this country will be discussed.
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
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).
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