Thailand to Pilot Crypto Payments for Phuket Tourists
Foreign tourists in Thailand might soon be able to use Bitcoin and other crypto to pay for goods and services in Phuket, one of the country’s most popular tourist destinations.
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KuCoin Launches Crypto Payment Solution
KuCoin exchange has introduced a KuCoin Pay merchant solution aimed at integrating crypto payments into the retail sector.
E-Commerce Trends 2025
What does online shopping have in store for consumers next year? As bricks-and-mortar sales still prevail, how can e-commerce win a fairer share in shoppers’ hearts? Let’s take a look at e-commerce trends expected in 2025 to find out.
Payment Gateway Software Development: Step-by-Step Guide by PaySpace Magazine
Payment gateways are a necessary part of any online business. Their main role lies in making the transaction fast and safe so the customer does not have to worry about data failure or other risks. Now more and more companies are realizing the importance of choosing the right payment gateway, as it affects the speed […]
How Payment Tech Transforms Businesses: Real-Life Use Cases
A lot is being said about the importance of payment technologies for any business selling its products or services on the market. Yet words are empty without the practical illustration of the efficiency of such solutions. Therefore, today we’ll take a look at the most prominent use cases of payment tech which prove that going […]
Klarna Becomes Default Option for WooCommerce
Klarna payments will be automatically enabled for all the new merchants using the WooCommerce platform.
Visa Acquires Featurespace to Boost Transaction Monitoring With AI
Visa has officially completed its acquisition of Featurespace, a company specialising in real-time artificial intelligence (AI) technology for payment protection, announced in September.
UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
Generative AI in Payments: Unlocking New Possibilities in Fintech
Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]
Fintech Market Breakthroughs 2024: A Year in Review
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
Visa Direct to Launch Instant Fund Transfers for U.S. Bank Accounts in 2025
Visa Direct is planning to introduce a feature that allows funds to be transferred and made available in U.S. bank accounts within one minute or less.
Klarna Is Available at Checkout on Apple Pay in Canada
Users in Canada checking out with Apple Pay online or in apps can now benefit from the flexible payment options offered by leading European BNPL provider Klarna.
BofA’s CashPro App Reaches $1 Trillion Milestone
Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.
Norway welcomes First Apple Pay Alternative for iPhones by Vipps
Vipps MobilePay launched a mobile wallet payment solution for iPhone, now available for customers in Norway.
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
How Online Payment Trends Affect Holiday Shopping
Holiday shopping patterns continuously change reflecting macroeconomic realities, consumer behaviour shifts, and the constant evolution of payment methods. As the season of joy is approaching, we cannot help but wonder what changes current online payment trends have brought to the holiday shopping routine.
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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