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UK-based payment services provider TerraPay has partnered with Alfardan Exchange to augment cross-border payments in Qatar.
remittance, money transfer, partnership, financial inclusion, payments infrastructure
Diana Lupuleac, Content Editor at The Paypers, shares insights into the history of cross-border payments, how they are made today, and current initiatives aimed to tackle their pain points.
cross-border payments, ecommerce, online shopping, shopping, money transfer, blockchain, real-time payments, CBDC, Open Banking, marketplace, B2B payments, B2B2B2C, ACH, SWIFT
Multinational payment card services company Visa has announced a 7-year collaboration with US-based financial services corporation Western Union.
partnership, payments , financial services, money transfer
Flipkart has announced the launch of a new UPI service in partnership with Axis Bank, aiming to optimise fund transfers and checkout payments for Android users.
partnership, product launch, UPI, payments , money transfer, online payments, mobile payments, digital payments, ecommerce
Real-time global payments provider Nium has announced that it secured a Type 1 Funds Transfer Service Provider (FTSP) licence from the Japanese Financial Services Agency (JFSA).
local payment method, cross-border payments, money transfer, banks, regulation
Eazy Financial Services (EazyPay) has leveraged Visa’s Direct Account Funding solution to offer fast and secure account-to-account (A2A) fund transfers in Bahrain.
account-to-account payment, money transfer, payment gateway, banking, digital wallet
TerraPay and Diamond Trust Bank Uganda have announced a partnership to expand international money transfers and strengthen financial inclusion in Uganda.
money transfer, financial inclusion, credit access, cross-border payments, partnership
Western Union and Mercado Pago have announced growth in their existing relationship, giving customers in the US and Canada the ability to send money from Western Union.
partnership, remittance, online payments, money transfer
Germany-based automotive marketplace Mobile.de has announced its collaboration with Mangopay, aiming to introduce a customised payment solution for its end-users.
online platform, online payments, partnership, payments , money transfer
The European Parliament has adopted a new set of rules to ensure that transferred funds arrive immediately in bank accounts across the EU.
instant payments, regulation, money transfer, bank transfer
UK-based fintech Atlantic Money has received green light to expand its money transfer services across the US, Canada, and Australia.
money transfer, remittance, expansion, regulation, compliance
Singapore-based payment service provider AXS has partnered with Aleta Planet to provide remittance services to China.
partnership, remittance, money remittance, money transfer, payments
UK-based fintech company Revolut has launched the Mobile Wallets feature to simplify the process of sending money abroad.
money transfer, product launch, fintech, super app
Volopa, a transaction, payments, and expenses company, has partnered with Yapily to provide a payment experience for finance teams.
Open Banking, payments , money transfer, transactions , partnership, SMEs
Visa has partnered with Canada-based CIBC and Simplii Financial to add more digital wallets and enable the banks’ clients to send funds across borders more conveniently.
partnership, paytech, payments , cross-border payments, money transfer, remittances, digital wallet, P2P, B2C, digital payments, fintech
UK-based fintech company ACE Money Transfer has partnered with HABIBMETRO Bank to support the use of legal channels to increase remittance inflows to Pakistan.
remittances, money remittance, cross-border payments, partnership, money transfer
Emirates Islamic has announced the launch of its online fund transfer service QuickRemit for customers and clients in the region of the UK.
product launch, expansion, mobile payments, online payments, digital payments, money transfer, ecommerce
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
Digital money transfer service provider Transfer Galaxy has entered a collaboration with BaaS platform Intergiro to provide a simplified cross-border digital experience.
partnership, money remittance, remittance, money transfer, debit card, virtual card, cross-border payments
Real-time payments provider Allied Payment Network has partnered with US-based MY CREDIT UNION to integrate with its digital banking platform.
partnership, digital payments, mobile money, money transfer, financial institutions