More than 68 million real-time payment transactions were processed in Malaysia in 2020, a surge of 864 percent from
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Category: INDUSTRY NEWS
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PayPal shares have surged 17 per cent since the launch of the cryptocurrency trade
Online payment company PayPal announced earlier this year on October 21 that it would launch a cryptocurrency payment service
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Tech giants face tighter financial regulation, media reports say
After the Chinese government suspended Ant Group’s stock market listings, there was a sudden catch-up over how to implement
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Ant Financial Group presses “pause” button before listing — China aims to strengthen regulation to control financial risks
Looking back over the past two years, Alipay, a unit of China’s Alibaba Group, Ant Financial, has consistently held
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Ant Financial group is rumoured to be reducing its investment outside China
It is rumoured that Ant Financial Group adjusted its strategy before the IPO. In 2004, Ant Financial launched Alipay,
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PayPal’s active users exploded and engagement climbed
With the global spread of coVID-19, the global shift to digital payments is becoming more pronounced. As one of
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PayPal has reached out to a number of cryptocurrency companies, including Bitgo
On October 23, Bloomberg reported that PayPal is in talks to acquire BitGo and other cryptocurrency companies, and is
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Mastercard works with companys to launch a biometric fingerprint card in Asia
On October 22, mastercard announced that it will team up with identity identification company IDEMIA and MatchMove, a Fintech
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The US State Department wants to blacklist the Ant Group for trade
The US State Department has submitted a proposal to Donald Trump’s administration to put Alibaba Group’s fintech arm on
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The problem without mobile payments– there are not enough COINS in the USA
Under the COVID-19, In addition to being out of stock of face masks and toilet paper in the United
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PayPal could bring Bitcoin into a mainstream payment method
Last month, it emerged that payment giant PayPal is considering supporting encryption assets on its platform. PayPal is the
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Alipay partners cross-border transfers with African bank Ecobank
Ecobank has signed a cross-border remittance agreement with alipay to bring more inclusive financial services to users across west
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Many of the world’s largest banks have endured winter
HSBC holdings (00005.hk) on February 18th unveiled a new three-year strategic plan to reduce its size globally. The global
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PayPal and Mastercard will offer instant cash withdrawals in countries such as Singapore
PayPal and Mastercard are reportedly launching instant transfer services in Singapore and some European countries. The service has already
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Kazakhstan’s President has called for the introduction of non-cash payments
On September 2, President Tokayev of Kazakhstan delivered the state of the union address at the plenary session of
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British society is rapidly transitioning to a cashless society
With the large-scale popularization of digital payment, especially mobile payment, cashless settlement has largely replaced the traditional cash settlement,
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Russian social networking platform VKontakte access to aliexpress shopping function
Russia’s VKontakte, a social network owned by mail.ru Group, has announced it will start connecting to alibaba’s AliExpress in
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Jpmorgan Chase announced the closure of its Chase Pay payment app
In response to stiff competition from Google, Apple and Samsung, In 2015, Jpmorgan Chase launched its own stand-alone payment
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Status of mobile payment market in Indonesia: local apps still dominate, with the most active users of Go-pay
Mobile payments are becoming increasingly popular with Indonesians in Indonesia. Despite the limitations of the development level of Internet,
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Total cashless payments in Kazakhstan grew rapidly in the first half of the year
Kazakhstan’s total cashless payments in the first half of 2019 amounted to 4.8 trillion tenge ($12.5 billion), double from
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PayPal mobile payment Venmo offers instant transfer to bank accounts
According to media reports, PayPal mobile payment service Venmo has finally launched an instant transfer service that directly transfers
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WhatsApp will launch a payment function in India by the end of this year with more than 400 million users
WhatsApp, the messaging service owned by Facebook, has confirmed that it has amassed more than 400 million users in
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Russian website online payments surge, Yandex payments ‘favored’
Today’s international giants, from Microsoft, SONY PlayStation and Nintendo to Alibaba and ASOS, have entered the Russian e-commerce market.
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Japan’s MS&AD insurance company introduced Alipay for the first time
According to the Nikkei business daily on July 18, Japan’s MS&AD insurance group holding co., ltd. will introduce a
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PhonePe -Wal-Mart’s mobile payments company, will independently estimate it to a maximum valuation of $10 billion
Recently, Flipkart’s board of directors authorized mobile payments subsidiary PhonePe to become a separate entity. PhonePe is expected to
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PayPal and bank card networks could face tighter regulation over Facebook’s cryptocurrency program
Visa, Mastercard and PayPal may be early supporters of Facebook’s new digital currency Libra, according to media reports, but
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U.S. health care giant United Health has acquired payments firm Equian for $3.2 billion
UnitedHealth, the largest U.S. health insurer, said Thursday that it has agreed to buy Equian LLC, a provider of
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Libra, Facebook’s global cryptocurrency project, will live long?
Facebook, the US social giant, recently released a white paper on its project of the encrypted digital currency Libra.
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UK debit card payments outnumber cash payments account for nearly 40% of transactions
Britons are increasingly keen to pay by debit card and are paying less in cash, but there is growing
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Circle Pay will phase out support for social payment apps
In recent days, Circle, a Goldman Sachs-backed encryption firm, is poised to stop supporting its social payment app, called
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