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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
Samsung has announced that it will merge its mobile payment solution, Samsung Pay, and password management application, Samsung Pass, into Samsung Wallet in India.
product launch, payments , online payments, digital payments, digital wallet, e-wallet, payment methods, mobile payments, mobile banking
India-based company Razorpay has launched a forex service for startups, to offer foreign exchange products for an improved cross-border payments processing.
product launch, startup, cross-border payments, cross-border ecommerce, ecommerce, online payments, digital payments
Samsung Electronics has announced their plan to expand their Samsung Wallet offering to 13 new countries.
product launch, payments , payment methods, digital wallet, ecommerce, online payments
Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.
credit card, mobile banking, partnership, card scheme, fintech
Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL): 'Through NPCI International, we aim to facilitate the internationalisation of India’s self-reliant payment system to newer markets, globally.'
NPCI, UPI, merchants, cross-border payments, cross-border ecommerce
Google Pay has announced that it now supports credit cards on its app.
Google Pay, credit card, HSBC, RBL Bank
Google Pay has announced expanding its cards tokenization feature in collaboration with Visa to include HSBC India, SBI, and more.
product upgrade, virtual card, mobile payments, Google Pay, contactless payments
Google Pay, NFC, contactless payments, card payments, India, card numbers, direct payment, Axis Visa cards, SBI Visa, credit cards, international cards, Token, cardholder, Bharat QR, in-app, merchants
After letting users sign up for an early access program, Samsung has launched its mobile payment service in India.
Samsung Pay, India, mobile payments, digital wallet
State Bank of India has blocked debit cards of several customers, and was issuing them new cards, in precautionary measures after being informed of potential risks to those cards.
security breach, banking, debit cards, risk management, State Bank of India