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.
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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.
Shopify and Affirm Expand Pay-Later Pact
Affirm and Shopify have expanded their pay-later offering outside the United States.
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.
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.
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.
Spreedly and EBANX to Promote Local Payments in LatAm
The open payments platform Spreedly has teamed with the payment service provider EBANX.
Visa to Launch New Solutions
Visa unveiled three new value-added services that are designed to simplify and enhance the security of the payment acceptance process.
Klarna Brings BNPL to High-Speed Rail
Pay-later platform Klarna announced the launch of a partnership with the Eurostar railway service.
Innovative PayPal Ads Solution to Debut in UK
Starting July, UK customers will start seeing personalised PayPal ads and enjoy an enhanced shopping experience with the payment leader’s innovative marketing solution.
Highnote Chooses Feedzai AI Fraud Prevention for New Acquiring Business
Highnote is launching a new payment processing service with the assistance of Feedzai – an AI-driven financial crime prevention company.
Mastercard to Accelerate Virtual Card Adoption With Embedded Tech
Progressive changes in the embedded Virtual Card Number (VCN) technology by Mastercard will enable better financial interactions among banks, platforms, and corporates.
Fiserv Brings Clover POS to Australia
Smart POS platform Clover, created by Fiserv, is launching in Australia to power local SMEs.
Splitit Launches Fully Embedded Shopify App
Splitit provides merchants with credit card-linked payment installments fully embedded within the Shopify checkout.
Affirm Forms BNPL Pact With JPMorgan Payments
Affirm is expanding its pay-later offering through a new agreement with JPMorgan Payments.
Walmart Partners With JPMorgan to Offer Embedded Payments for US Merchants
Walmart is offering merchants on its platform to enjoy the benefits of embedded finance powered by the reliable banking ecosystem of JPMorgan.
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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