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Crypto.com receives operational approval in Dubai

News | Cryptocurrencies | 11 Apr 2024

Singapore-based digital asset exchange Crypto.com has announced that its local entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA).

digital assets, cryptocurrency exchange, cryptocurrency

Touch 'n Go eWallet to charge 1 percent fee for overseas payments

News | Payments General | 10 Apr 2024

Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024. 

payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce

Ant Group's partnerships to expand consumer-friendly zones in China

News | Mobile Payments | 09 Apr 2024

Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.

mobile payments, digital wallet, cross-border payments, partnership, digital payments

Crypto.com launches in South Korea

News | Cryptocurrencies | 03 Apr 2024

Crypto.com, the cryptocurrency platform serving over 80 million customers globally has announced the launch of the Crypto.com App in South Korea.

trading platform, cryptocurrency exchange, crypto, NFT, regulation

Samsung Pay to stop working with Mir

News | Payments General | 29 Mar 2024

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

Boku launches new research report

News | Payments General | 28 Mar 2024

Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.

product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership

The Paypers Global Partnerships Analysis Q4 2023 – Payments and Commerce

Voice of the Industry | Payments General | 25 Mar 2024

Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.

partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile payments

The Paypers global partnerships analysis Q4 2023 – banking and fintech

Voice of the Industry | Online & Mobile Banking | 22 Mar 2024

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

Worldline partners with Opn

News | Online Payments | 18 Mar 2024

France-based digital payments company Worldline has entered a strategic partnership with payment firm Opn to solidify its presence in the Asian ecommerce market. 

partnership, online payments, ecommerce, cross-border ecommerce, cross-border payments

Ant Group increases transaction limits

News | Mobile Payments | 11 Mar 2024

Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China. 

travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card

Navigating the evolving landscape of cross-border payments: top four trends to watch in 2024

Voice of the Industry | Payments General | 08 Mar 2024

Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.

cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin

Nium secures Type 1 FTSP licence from JFSA

News | Online Payments | 29 Feb 2024

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

FATF drops UAE off financial crime watchlist

News | Payments General | 26 Feb 2024

The Financial Action Task Force (FATF) has announced that it has dropped the UAE from its grey list regarding concerns about financial crime and money laundering.

 

AML, financial crime, terrorism, regulation, cryptocurrency, cryptocurrency exchange, funding, money laundering

KONA I and IDEX introduce biometric smart cards in Japan

News | Digital Identity, Security & Online Fraud | 09 Feb 2024

IDEX Biometrics and KONA I have announced their collaboration to introduce biometric payment and access cards in Japan.

biometrics, smart contracts, partnership, cybersecurity, contactless payments

Alipay+ introduces additional e-wallets in Thailand

News | Mobile Payments | 08 Feb 2024

Cross-border digital payment provider Alipay+ has announced the availability of an additional nine international e-wallets in Thailand’s 7-Eleven stores. 

mobile payments, e-wallet, digital wallet, digital payments, payment methods

UnionPay International partners with Spring Airlines

News | Payments General | 07 Feb 2024

Payment network UnionPay International has partnered with Spring Airlines to allow the latter’s website to accept UnionPay cards for tourists and business travellers. 

travel payments, credit card, payment methods, payments , digital payments

South Korea updates its Virtual Asset Users Protection Act

News | Cryptocurrencies | 07 Feb 2024

The government of South Korea has decided to update its Virtual Asset Users Protection Act to protect investors from market crimes.

cryptocurrency, regulation, financial crime, digital assets

Resorts World Sentosa expands partnership with Alipay+

News | Mobile Payments | 05 Feb 2024

Singapore-based lifestyle destination resort Resorts World Sentosa (RWS) has expanded its partnership with China-based Alipay+.

partnership, travel payments, e-wallet, digital wallet, payment methods, local payment method, digitalisation

Alipay Plus expands digital services to UAE transportation and tax refund

News | Mobile Payments | 01 Feb 2024

Alipay Plus has expanded its services to the UAE, allowing Chinese visitors to use it for taxi payments and receive instant tax refunds at major airports, enhancing travel convenience.

QR code, QR payments, mobile payments, digital wallet, POS

Upbit Singapore gets MPI licence from the MAS

News | Cryptocurrencies | 09 Jan 2024

Crypto exchange Upbit Singapore has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

cryptocurrency exchange, digital assets, MPI licence, regulation, compliance