Payment processing platform Stripe has been valued at $70 billion, according to media reports. Over the past few years,
Read moreCategory: GLOBAL PAYMENT INSTRUMENT
IDC releases top 10 global payment technology predictions for 2023
On March 14, IDC Financial Insights released ten predictions (2023) for global banking, bank-to-company business, insurance, payment technology, capital
Read moreMercedes-Benz Cars introduces in-car fingerprint payment
Mobile payment has been integrated into People’s Daily life. Have you ever imagined that one day you’ll be able
Read morePayments giant Stripe plans to use its latest funding round to pay about $3.5 billion in tax bills
Stripe, one of the most highly valued startups in the world, recently told investors that it plans to use
Read moreDigital payments giant Square has announced it will change its name to Block
Square, the digital payments giant led by Jack Dorsey, announced on Wednesday that it will change its name to
Read moreThe Bank of England and the Treasury will consult on whether to press ahead with a central bank digital currency (CBDC)
LONDON, Nov. 9 (Reuters) – The Bank of England and Britain’s Treasury said on Tuesday they would hold formal
Read moreAmazon has injected Rs 1,000 crore into Amazon Pay, its Indian payments unit
Amazon recently announced an injection of 10 billion rupees into Amazon Pay, its Indian payment arm, to compete with
Read moreU.S. payment giant Afirm is embedding Amazon Pay as a payment option
Affirm announced this week that it is expanding its partnership with e-commerce giant Amazon, allowing eligible U.S. consumers to
Read morePayments Industry Event Last Week—Kakao Pay, a South Korean payment platform, has gone public in South Korea
Shares in Kakao Pay, South Korea’s leading mobile payment App, more than doubled on their first day of trading,
Read moreJ.P. Morgan: Central Bank Digital Money Could Save Global Companies $100 Billion A Year
The launch of the central bank digital currency (CDBC) could help global businesses save about $100 billion a year
Read moreSquare Reported Q3 Earnings: Net Profit Down 99.8% Year-over-Year to Revenue of $3.845 Billion
U.S. mobile payment giant Square Inc. reported third-quarter results for fiscal 2021 this week, according to media reports. Square
Read moreFintech company Visa: Promoting “buy now, pay later” globally
Amid growing consumer demand for “buy now, pay later” (BNPL) solutions, fintech company Visa recently announced that A growing
Read moreIt’s about antitrust law! U.S. Investigates Visa’s Relationship with Fintech Companies
The U.S. Department of Justice (DOJ) is investigating Visa inc. ‘s ties to major fintech companies as part of
Read moreThe South Korean city of Seoul plans to eliminate coin boxes on some buses in a bid to promote electronic payments
More And more South Koreans are using electronic wallets, accelerating the process of going cashless. Xinhua News Agency reported
Read moreEuropean Central Bank: the creation of a digital euro would make it easier to pay or save
The European Central Bank said on Wednesday that the creation of a digital euro could make it easier to
Read moreSquare pay will offer “Square Checking” and“Square Saving” accounts
Square, whose technology has disrupted the way small businesses accept card payments, is now ready to offer “Square Checking”
Read moreThe COVID-19 epidemic has made most UAE consumers willing to experiment with new digital payment methods
The survey found that following the outbreak, an increasing number of consumers in the UAE are confident in digital
Read moreAdyen’s Order Collection Service enters the Japanese market
As the Japanese payment market is gradually moving online, Adyen has launched a collection solution in Japan to help
Read moreThe New Zealand government is to introduce the Retail Payment System Act to reduce business card swiping fees
New Zealand’s government is set to introduce new rules to cut the fees banks charge businesses to swipe their
Read morePaytm, the Indian digital payments giant, could buy a 7 percent stake in PayPay, a subsidiary of SoftBank
On May 14, Inc42 reported that Paytm, the Indian digital payments giant, could buy a 7 percent stake in
Read moreRussia’s largest e-commerce platform Ozon has launched an online payment service with China UnionPay
China UnionPay International announced today that Ozon, Russia’s largest e-commerce platform, has launched its UnionPay online payment service, offering
Read moreFED considers opening its payment system to fintech companies or making it better for payment agencies
The Federal Reserve said in a statement On Wednesday that it would publicly comment on a proposed approach that
Read moreSquare swung to a profit on revenue of $5.057 billion in the first quarter from a year earlier
According to media reports, mobile payments company Square announced its fiscal 2021 first quarter earnings. Square’s net revenue in
Read moreSaudi Payments and MasterCard launched Sarie, an instant payment system
In an effort to improve the financial ecosystem in Saudi Arabia, Saudi Payments, under the supervision of the Saudi
Read moreSouth Korean payment giant Kakao Pay has filed for an IPO valued at at least $9 billion
Kakao Pay, a fintech company, has applied for preliminary approval for an IPO, the Korea Exchange announced on Monday.
Read moreAmazon is bringing automated checkout to its stores
Amazon’s auto-cash register technology is about to go online in Amazon Fresh, its largest fresh supermarket, after Amazon used
Read moreGoogle has invested $27.5 million in Indian payment platform Dotpe
Google Inc. (GOOG) recently invested in Dotpe, a young Indian payment platform valued at around $90 million that also
Read moreAccording to the survey, Vietnam’s cashless payment rate increased by 55% of respondents who chose to pay by scanning QR code
In 2020, due to the blockade of COVID-19, many People’s Daily consumption activities will shift from offline to online.
Read moreMasterCard (MA. U.S.) buys Ekata for 850 million U.S. dollars to advance digital authentication
MasterCard (MA. U.S.) buys Ekata for 850 million U.S. dollars to advance digital authentication Digital identities are a fundamental
Read moreFacebook Pay offers person-to-person payments via QR codes
Facebook Pay, Facebook’s payment feature, will allow users to make payments between users using QR codes, and users will
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