payments - page 43

News

Payments Platform Sprinque Raises €6 Million

The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.

News

Alibaba Sells Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.

Finance & Economics

China’s Official Wallet App Launches Offline Payments

The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.

Finance & Economics

TikTok ByteDance Launches Payments With J.P. Morgan

J.P. Morgan works with TikTok’s parent company ByteDance on payment technology.

News

BigCommerce Partners Vyne for A2A Payments

Vyne and BigCommerce partnered to enable e-commerce merchants to improve their sales in a cost-effective way

Countries

Delhi Buses to Get Contactless Ticketing

The Department of Transport of the Government of the Indian District of Delhi announced a tender for the development and implementation of a digital ticket sales system in buses.

News

ATM Withdrawals Up First in Decade

Nationwide Building Society has recorded ATM withdrawals climb for the first time in 13 years as UK citizens try to minimize their spending by budgeting with cash

News

Türkiye Expands Contactless Fare Payments to 40 More Provinces

The fare payments system that allows making contactless fare payments without a ticket or local transport pass will soon roll out in 40 more provinces of Türkiye

Fintech & Ecommerce

BR-DGE Announces Three-Year Partnership with Visa

Through the partnership, BR-DGE will gain access to open network provided by Visa, expanding the scope of its digital commerce products

News

IDEX Biometrics Launches Second Biometric Payment Card Program in Turkey

IDEX Biometrics is accelerating the expansion of biometric payment cards in Turkey with a second regional bank

Science & Technology

60% of Card Payments in Europe are Contactless

European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU

News

Revelator and Stripe to Develop NFT Payment Infrastructure

Revelator announced the beginning of a collaboration with Stripe to allow customers to use a credit card to purchase digital collectibles directly from artists.

Finance & Economics

Nebeus Crypto App Issues Its Debit Card

Nebeus, a financial app for crypto-holders, announced the launch of its first VISA-supported card.

Finance & Economics

Demographics Determine Payment Preferences

The European Central Bank found out that the demographic factor determines consumers’ payment preferences.

Fintech & Ecommerce

Getnet Launches Sustainable Payment Machine out of Electronic Waste

The new sustainable payment machine from Getnet is the first of its kind on the card-acquiring market. It is made from recycled parts of electrical equipment waste

News

Survey: Digital Payments Replace Wallets

The active development of digital technologies displaces many material objects from people’s lives. This fate couldn’t be avoided by traditional wallets, which are shrinking in size and are heading for a minimal presence in everyday life

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.