Stripe Partners WhatsApp for In-Chat Payments in Singapore
Stripe and WhatsApp launch a feature that allows Singapore businesses to accept payments directly in WhatsApp chats
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Malaysia and Indonesia Link Cross-Border QR Payment Systems
The Indonesia-Malaysia cross-border QR code payment linkage launches to make instant retail payments, expand markets for local businesses, and facilitate increased settlements in local currency
Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth
The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]
EPI CEO Says Europe Ready for One Digital Wallet
Martina Weimert, CEO of the European Payments Initiative (EPI), stated the need for a pan-European solution to further enhance the development of real-time payments.
Starbucks Testing Palm Payments
The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm
Brazil Pilots CBDC in Stores
Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain plans to join the unified system of payments and settlements of the Persian Gulf countries.
Businesses Can Now Accept Stripe and PayPal Powered Payments on Microsoft Teams
Microsoft is launching the Teams Payments app, which allows SMBs to easily manage and collect real-time Stripe and PayPal payments directly within the Teams meetings interface In the latest update, Microsoft Teams has revealed the new payment capabilities for business owners in partnership with Stripe, PayPal and GoDaddy. The new Teams Payments app will enable SMBs to […]
Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase and Amazon have introduced new rewards and money-back opportunities for Amazon Visa cardholders.
Uber Freight Launches Fleet Card With Spend Management Tools
Uber Freight and AtoB have established a partnership to provide access to fintech tools to cargo transportation operators.
E-Wallets and Online Casinos: The Perfect Match
Mobile technology has affected pretty much every aspect of modern life. Banking has seen significant digital growth, with many businesses going cashless, and increasing amounts of people ditching physical wallets in favour of digital solutions. E-wallets go hand-in-hand with online entertainment options such as casinos, and players feel increasingly secure in how sites and apps process […]
Mobile Money Grows Faster Than Expected: Report
The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion
Armenian Ardshinbank Enables Merchants to Accept Payments on Android Devices
DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay
Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option
Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.
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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