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India-based payments and API banking company Cashfree Payments has partnered with Global Trade Plaza to provide cross-border payments to Indian exporters.
partnership, cross-border payments, cross-border ecommerce, merchants, real-time payments, remittance
Vietnam-based e-wallet ZaloPay, part of the VNG Corporation digital ecosystem, has announced a partnership with Canada-based commerce platform Shopify.
partnership, payment gateway, payments , ecommerce, merchants, payment methods, fintech, paytech, online shopping, digitalisation, marketplace, product launch
Jamaican officials have confirmed the development of a digital marketplace that aims to promote the adoption of the JAM-DEX central bank digital currency (CBDC).
CBDC, cryptocurrency, blockchain, marketplace
Amazon has joined and Indian government-backed ecommerce initiative that aims to ‘democratise’ online shopping in the South Asia.
ecommerce, Amazon, online shopping, digital payments, shopping
DBS Bank India has partnered with eSamudaay to offer cash management solutions to MSMEs conducting business through Open Network for Digital Commerce (ONDC).
SMEs, cash management, digital payments, ecommerce, partnership
UAE-based PSP LuLu Exchange has partnered with the Ministry of Interior to deploy a digital Know-Your-Customer (KYC) service on its cross-border payments app, LuLu Money.
partnership, KYC, eKYC, fraud detection, fraud prevention, PSP, digital onboarding
The Turkish government has published an amendment to the Law on the Regulation of Electronic Commerce in the country.
ecommerce, regulation, online shopping, marketplace, ecommerce platform
Pierre-Claude Blaise, General director and co-founder, Mexican Association of Online Sales (AMVO): 'The Mexican consumer is ready to make online purchases across borders, with 60% claiming that they bought products outside of Mexico already'
cross-border ecommerce, online shopping, ecommerce, SMEs, payment methods, cross-border payments
India-based financial services player Axis Bank has issued a financial contract between two domestic businesses by using a government-backed blockchain platform.
Axis Bank, blockchain, digital assets, tokenization
India’s Ministry of Consumer Affairs has issues a proposal to ban flash sales on ecommerce platforms and prevent their affiliate entities from being listed as sellers.
regulation, ecommerce, Amazon, online shopping
GlobalData, research, study, Japan, ecommerce, COVID-19, pandemic, cards, alternative payment solutions
Chinese Central Bank Digital Currency (CBDC) will soon be tested in ‘Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region’ according to China’s Ministry of Commerce.
central bank digital currency, CBDC, China, digital yuan, Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, digital wallet app, accounts, money, payments , money transfer
GlobalData, analysis, ecommerce, Thailand, shopping, online payments, COVID-19, online shopping, retailers, Lazada, merchants, Thailandpostmart, D Central, Cloudmall
ecommerce policy, India, BigTechs, Amazon, Google, Facebook, Ministry of Commerce’s Department for Promotion of Industry & Internal Trade, AI, streaming services, payment tokens
The Paypers sat down with Oleg Patsiansky, Head of Digital Banking at BPC to discuss the current status of instant payments and lessons learned from implementing infrastructures on a nationwide level
Oleg Patsiansky, BPC, BPC Payments, SEPA, Faster Payments, SEPA Instant Credit Transfer, instant payments, Europe, instant payments infrastructure, C2C, B2B, QR payments, IBAN, machine learning, WeNet, fraud prevention
Confederation of All India Traders, CAIT, Department for Promotion of Industry and Internal Trade, DPIIT, India, retail, ecommerce, contactless delivery, marketplace, digital payments, COVID-19
Germany-based fintech Wirecard, in collaboration with Banca Afirme, has announced equipping television channel Canal 22 with payout product Afirme E-Fectiva.
Afirme E-Fectiva, Banca Afirme, Afirme, Wirecard, online payments, cash withdrawal, POS payments, payout service, Mexico, expansion, Canal 22, ecommerce payments
Colombian official authorities have ordered Uber to cease its ride-hailing operations in the country, after a judge ruled the company violated competition rules.
Uber, ride hailing, ecommerce, ride sharing, digital transaction, Colombia
We have depicted a new wave of mergers and acquisitions in the payments industry – the time is ripe for B2B and B2C payments innovation
mergers, acquisitions, B2B payments, cross-border payments, payment methods
Miriam Wohlfarth, partner of Payment & Banking, presents a preview of the EHI study on the German payments ecosystem
Miriam Wohlfarth, Germany, payments , Payment & Banking, fintech, RatePAY, EHI Card Congress, SEPA, payment method, direct debit, instant payments, retail, card, cash, e-wallet, credit card, PSD2, 3DS, omnichannel commerce, Apple Pay, Google Pay