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Online payment solutions provider PayU has announced that it received in-principal approval from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).
SMEs, merchant, online payments, payment methods, payments aggregator
Alexander Berrai and Svetlio Todorov of emerchantpay discuss the five key factors to consider when crafting a payment strategy in 2024.
payments , paytech, PSP, payment methods, digital wallet, Open Banking, SEPA Direct Debit, PIX, fraud detection, risk management, chargebacks, compliance, PSD2, PSD3, merchants, ecommerce
Airwallex has partnered with Bird, a global communication platform, to power Bird’s international payments operations.
partnership, Global Payments, financial services, spend management, embedded finance
PXP Financial has announced its accreditation as a Token Service Provider by Mastercard, facilitated through the Mastercard Digital Enablement Service (MDES).
online security, tokenization, digital payments, fraud prevention, fintech
From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.
financial services, transactions , e-wallet, digital wallet
Samsung Pay, a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.
regulation, payments , online payments, mobile payments, digital payments, ecommerce
Philippines has planned to block the Binance exchange by June 2024, giving time for investors to close their positions held via the exchange.
cryptocurrency exchange, regulation, AML, compliance, trading platform
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app.
banking license, online banking, banks, mobile banking, digital banking
Portugal-based Ubirider has secured a USD 1.95 million Seed round to fuel the development and expansion of its End-to-End Mobility-as-a-Service platform.
funding, investment, SaaS, fintech, payments
Mark Beresford, Director at Edgar, Dunn & Company (EDC), discusses the changes in the payments industry resulted from the adoption of the DMA in Europe, exploring the main benefits for both consumers and merchants.
European Commission, European Payments Council, regulation, payments , payment gateway, compliance, loyalty programme, transactions , merchant, NFC, credit card, debit card, e-wallet, mobile payments, mobile money, marketplace, online payments, contactless payments, digital payments, PCI compliance, PCI DSS, EMVCo
American corporation Visa has extended digital wallet capabilities within its suite of B2B payment solution, Visa Commercial Pay, as well as its availability.
product upgrade, payments , B2B payments, online payments, mobile payments, digital payments, ecommerce, digital wallet
An Indian parliamentary panel has released a report in order to red-flag PhonePe and Google Pay, which currently process 83% of India’s UPI payments.
regulation, digital payments, online payments, mobile payments, payments , UPI, ecommerce
Deloitte Africa explores how Africa's financial sector navigates Open Banking's rise, leveraging tech partnerships, overcoming regulatory gaps, and ensuring data security for inclusive, innovative finance.
Open Banking, Open Finance, regulation, report, fintech, banks
UK-based expert in payments, acquiring, fraud and data analysis services PXP Financial has announced it has become a Google Pay Payment Service Provider (PSP).
mobile payments, contactless payments, payment processing, digital wallet, digital payments
Natália Ekl, Fintech Lead at Kiwi.com, covers the topic of optimising the payments checkout, offering insights into best practices for the travel industry.
ecommerce, travel payments, online payments, customer experience, Gen Z, digital payments, ecommerce platform, digital wallet, e-wallet, mobile payments, online security, merchant, checkout optimisation
We interviewed Boku’s new CEO, Stuart Neal, to discuss the current payments landscape and learn what are his top three industry predictions for 2024.
online payments, digital wallet, account-to-account payment, direct carrier billing, merchants, mobile payments, payment methods, UPI, PIX, QR code, local payment method, real-time payments
Mark Munson from Moneyhub Payments explores how Open Banking transforms payments, fostering loyalty, and how agile, pioneering partners ensure continuous innovation.
Open Banking, Open Finance, Open Banking payments, digital payments
Bitop has announced the launch of Bitop Exchange in Brazil, aiming to enable customers and clients in the region to benefit from its suite of solutions.
expansion, cryptocurrency, crypto, crypto asset, digital assets, virtual asset
Gabriel Lucas and Chaira Mekkaoui, Associate Directors at Redbridge, discuss payment optimisation strategies for better acceptance rates.
payments , payment methods, ecommerce, PSD2, merchants, SCA, fintech, tokenization, authorisation rate