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UK-based payment services provider TerraPay has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
money transfer, remittance, MPI licence, cross-border payments, regulation
International remittance company Viamericas Corporation has launched international bill pay in Guatemala to streamline cross-border bill payments.
remittance, product launch, expansion, cross-border payments
US-based payment technology corporation Mastercard has released a whitepaper on the current status of cross-border payments in Latin America.
online payments, cross-border payments, remittance, money remittance, digital payments, digitalisation, financial inclusion
UK-based payment services provider TerraPay has partnered with Banco G&T Continental to advance cross-border remittances in Central America.
partnership, cross-border payments, remittance, banks
Omnichannel money transfer services company International Money Express (Intermex) has partnered with Visa to further improve its solutions.
online payments, mobile payments, cross-border payments, partnership, money transfer, omnichannel payments solution
UK-based global issuer-processor Paymentology has partnered with Saudi Arabia-based HyperPay to improve the latter’s payment solutions in the Middle East.
partnership, payments , SMEs, payment methods, digital payments
Binance, a blockchain and cryptocurrency infrastructure provider, has launched Send Cash in Latin America, to allow users to transfer crypto through Binance Pay from nine countries in the region.
product launch, cryptocurrency, cryptocurrency exchange, payments , digital payments
UK-based global issuer-processor Paymentology has partnered with Moneythor in order to offer banks data-driven personalisation and improved engagement.
partnership, banking, online banking, digital banking, mobile banking, financial services, financial institutions, financial data
Global issuer-processor Paymentology has announced its extended partnership with Mastercard to improve financial inclusion across Guatemala, Honduras, and El Salvador.
financial inclusion, SMEs, financial services, financial institutions, fintech
Mastercard has partnered with UAE-based lifestyle banking application Bankiom to issue digital payment cards across UAE, Bahrain, Kuwait, Oman, and Saudi Arabia.
partnership, payments , online payments, digital payments, mobile payments, banking, prepaid card
Mastercard has demonstrated the mainstream adoption of digital financial products across seven Latin American countries in a newly published report.
product launch, partnership, financial inclusion, mobile payments, digital payments, mobile banking, payment methods
US-based technology company Apple has announced the launch of new privacy and security features, including updates on multiple existing tools.
product launch, fraud management, fraud detection, fraud prevention, online fraud, identity fraud
US-based Mastercard has introduced Apple Pay to its cardholders in Guatemala and El Salvador to improve transaction convenience and security.
Apple Pay, mobile payments, product launch, partnership, contactless payments
Expanding its roster for receiving countries, Paysend offers more options for U.S. customers to send funds to Latin American recipients quickly, securely and for a low fee.
remittance, remittances, account-to-account payment, bank transfer
Spain-based bank BBVA has partnered with BAC Credomatic to enter the Central American market and offer transnational transaction services.
banking, BBVA, bank account, cross-border payments, SWIFT, expansion
Financial technology solutions and payments provider Euronet has announced its partnership with SOLFIN to enhance prepaid card issuing services to their clients.
partnership, expansion, ecommerce, SaaS, online payments, prepaid card, payment processing
International money transfer service Xoom, owned by PayPal, has partnered Visa to launch a cross-border remittance solution enabling customers in the US to send money in 25 countries.
partnership, product launch, payments , online payments, P2P payments, remittances, money transfer, cross-border payments
Beyond Borders 2022/2023, a study by EBANX, has shown that alternative payment methods (APMs) have reached a 39% share of total digital-commerce volume.
payments , ecommerce, study, payment methods, financial inclusion
Netherlands-based online payments provider PayU has announced its expansion across Central America to offer payment processing and PCI compliance services.
expansion, ecommerce, payment processing, online payments, PCI compliance
Canada-based payments company Buckzy Payments has secured USD 14.5 million in Series A financing to continue its global expansion.
cross-border payments, funding, financing , investment, real-time payments, FX