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Discover all the payments and fintech-related news and analysis about Venezuela in The Paypers News, Reports, along with other Venezuela-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Venezuela in The Paypers News, Reports, along with other

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MoneyGram partners with Banesco to expand its digital receive network

News | Online Payments | 31 Jul 2023

US-based payments and money transfer company MoneyGram has partnered with Venezuela-based bank Banesco to expand its digital receive network.

partnership, product launch, cross-border payments, remittances, digitalisation

Venezuela terminates petro cryptocurrency programme

News | Cryptocurrencies | 16 Jan 2024

The government of Venezuela has ended the Petro (PTR) cryptocurrency, founded in 2018 to support the nation’s currency due to an overwhelming economic crisis.

cryptocurrency, cryptocurrency exchange, financial sanctions, digital assets

Venezuela to integrate Russian Mir payments

News | Payments General | 27 Jun 2023

The government of Venezuela has announced that it plans to integrate Mir, a Russian electronic card and transfer payments system.

payments , payment processing, SWIFT, cross-border payments, inflation