NPCI International to develop real-time payments platform in …
Sep 30, 2024 · NPCI International Payments Limited (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago, to develop a real-time payments platform similar to India’s ‘Unified Payments Interface’ (UPI).
Ingenico, Crypto.com join forces to support crypto payments for …
Nov 6, 2024 · Ingenico has partnered with Crypto.com, aiming to make crypto payments more accessible to merchants. The collaboration offers a ‘plug-and-play’ solution to help Ingenico merchants securely and seamlessly accept crypto payments. Through the move, the company looks to serve more than 680 million users worldwide.
Electronic Payments International
Remittance taxation likely to reshape cross-border payments landscape. Financial institutions, payment providers, and consumers must prepare for an environment where remittance taxation may fundamentally reshape the sector, explains Joanne Kumire
The evolution of instalment payments
Oct 15, 2024 · Instalments involve recurring scheduled payments for a purchase, typically with a single payment method, whereas split payments involve dividing a single payment across multiple sources, such as using both a card and cash. The expansion of instalment options is a win-win for both consumers and businesses. For consumers, it provides greater ...
Bitget introduces instant crypto payments service
Nov 4, 2024 · Bitget, a cryptocurrency exchange and Web3 company, has announced the global launch of Bitget Pay, a service enabling instant crypto payments. This development introduces a contactless, peer-to-peer payment solution designed exclusively for the Bitget App, aiming to facilitate seamless transfer of digital currencies across borders.
Vietnam debit card payments market to surpass $65bn in 2028, …
Oct 15, 2024 · The Vietnamese debit card payments market is forecast to register a compound annual growth rate (CAGR) of 13.7% between 2024 and 2028 to reach VND1,559.6trn ($65.6 bn) in 2028, supported by rise in banked and card penetration as well as constant consumer shift towards electronic payments, according to GlobalData, publishers of EPI.
Mastercard introduces Pay Local to connect cards with APAC
Nov 5, 2024 · Mastercard has launched Pay Local, helping users make card payments via local digital wallets across Asia Pacific.. This service allows both resident cardholders and international travellers to link their Mastercard credit or debit cards with digital wallets, facilitating immediate shopping at more than 35 million merchants without the …
Malaysia e-commerce payments to reach $14.7bn by 2028, …
Oct 7, 2024 · The Malaysian e-commerce market is anticipated to grow at a compound annual growth rate (CAGR) of 8.5% between 2024 and 2028 to reach MYR67.1 billion ($14.7bn) in 2028, driven by the ongoing shift in consumer preference from offline to online shopping, according to GlobalData, publishers of EPI. GlobalData’s E-Commerce Analytics reveals that ...
Mastercard accelerates the path towards real-time card payments
Oct 10, 2024 · In the future, Mastercard will enable issuing banks in South Africa, and around the globe, to process real-time card payments, empowering consumers with increased transparency, faster payments and real-time insights into their funds. The company will roll out new standards and solutions, accelerating the processing speed for card transactions.
Klarna is rapidly expanding into ecommerce to boost its BNPL …
Aug 4, 2021 · By GlobalData. Klarna – the European leader in buy now pay later (BNPL) services – is expanding into ecommerce. Early in 2021 it updated its app, transforming it into a marketplace for online shopping by making it possible for its customers to directly shop with over 250,000 retailers (both partners and non-partners) through the app.