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.
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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.
Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert
Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.
Celerant and Sezzle Partner to Help Retailers Offer BNPL
Celerant Technology has partnered with Sezzle to enable retailers to offer customers Buy Now, Pay Later (BNPL) services.
Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform
Shopify has announced the addition of Melio’s built-in financial offer for B2B to its trading platform.
Apple’s Tap To Pay Goes Live in Taiwan
Taiwan has become the second country after the USA where merchants are able to accept in-store contactless payments on their iPhones using Apple’s Tap to Pay solution
Unlimint to Provide Payment Services in Nigeria: License Secured
Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market
Bank of England Finds New Use Cases for DLT in Synchronised Settlement
The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.
Credit Agricole and Worldline to Create Merchant Payments Joint Venture
Currently, Credit Agricole and Worldline are negotiating the creation of a joint venture that could become a major payment operator providing financial services to sales representatives in France.
Toshiba Debuts Mission Control for Retail Intelligence
Toshiba Global Commerce Solutions announced the opening of a new center for retailers-suppliers with improved intellectual 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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