Search Results for: e-wallets

Payments Startup BayaniPay Eyes Global Expansion After $3 Million Fundraise

BayaniPay, a US and Philippines-based global payments automation process provider announced that it has raised an additional $3 million in funding to expand its international payment capabilities. This capital injection, led by Wavemaker Partners, PTGB, and Talino Venture Studios, will be used to finance the… Read More

HR Platform Remote Selects Nium to Drive International Payroll

Remote, the human resources platform for distributed companies, has selected Nium, a provider of real-time cross-border payments, to enhance its international payroll capabilities. The partnership will be launched globally. As more businesses look at new markets to power growth, the ability to hire and scale… Read More

Payments Fintech Thunes and Visa Survey Findings Reveal Challenges in Integrating Payment Solutions Across Markets

A survey of payment professionals by Thunes, a global money movement innovator, and Visa, an enabler of digital payments, reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting “the challenges firms face in integrating across multiple markets and systems.” The survey findings reveal that… Read More

DNA Payments Enhances Portfolio of POS Alternative Payment Methods by Launching Alipay+

DNA Payments has grown its portfolio of POS alternative payment methods by launching Alipay+, a suite of cross-border mobile payment and digitalisation technology solutions operated by Ant International. Alipay+ will allow over 50,000 UK merchants “using DNA Paymentsā€™ POS terminals to accept direct payments from… Read More

Ant Group, Mastercard Launch Shanghai Payment Zones with Major Card Firms

Ant Group and Mastercard, alongside 12 overseas payment partners of Alipay+ and other major card organizations, announced the launch of the International Consumer Friendly Zones program in Shanghai. This initiative aims to enhance the travel experience for global visitors and stimulate economic growth for local… Read More

Fintech Thunes Explains Why Turkey Is Expected to Lead Digital Payments Adoption

From e-wallets to neobanks, TĆ¼rkiyeā€™s (Turkey) financial institutions are accelerating fintech innovation, supporting greater connectivity to international markets, financial inclusivity at home and more economic prosperity for businesses. Thunes is a key payments player in Turkeyā€™s ecosystem. Thunes says its extensive payments network in the… Read More

Malaysia: AirAsiaā€™s Digital Arm Partners with FinTech Giant for Payment Expansion

MOVE Digital, the digital arm of Malaysia-listed aviation group Capital A, announced a strategic collaboration with Singapore’s fintech powerhouse, Ant International. This partnership aims to diversify payment methods, enhance digital marketing efforts, and foster sustainable finance practices for the micro, small & medium enterprise (MSME)… Read More

Fintech Stables Introduces Remittances Between Australia and The Philippines

Australian digital wallet provider and payment startup Stables has announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people… Read More

China’s Ant Group Boosts Transaction Limits for International Travelers

Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More

UK Cryptoasset Business Council Adds Clear Junction as Member

Cross-border payments firm Clear Junction has joined the UK Cryptoasset Business Council (UKCBC). The UKCBC advocates on behalf of the digital assets/crypto sector in the UK. According to a note from the UKCBC, crypto is at a key inflection point due to MiCA, and ETFs,… Read More

Data from Ant Group Indicates Rebound of Consumer Spending During First Back-to-Normal Chinese New Year

Data from Ant Group reportedly shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the Covid-19 pandemic, especially in cross-border tourism. Through the Alipay+ cross-border mobile payment technology solutions, Chinese travelers may pay “for goods, food… Read More

Tonik Digital Bank Teams Up with Southeast Asian Payment Gateway Provider Xendit

Tonik Digital Bank announces its newest strategic collaboration with Southeast Asian payment gateway, Xendit. The partnership marks a significant milestone for both companies, “as they join forces to deliver secure, convenient, and customer-centric financial solutions.” The partnership with Xendit will further “enrich Tonik’s ecosystem by… Read More

Pakistan’s NayaPay Partners with Alipay+, a Cross-Border Digital Payments Service Operated by Ant International

NayaPay, a financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set “to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including… Read More

TodayPay welcomes Visa Exec West as Strategic Advisor

Payments company TodayPay, a Fintech developing Refunds as a Service, today appointed Visa executiveĀ Mike West as a strategic advisor.Ā The announcement was made at the Consumer Electronics Show. West led Visa Direct’s international commercialization and network expansion by launching new use cases, payment capabilities and value-added… Read More

Fintech Firm Alipay+ Announces Initiative to Streamline Shopping Experience for International Visitors to Dubai

Dubai Duty Free, which claims to be one of the largest travel retail operators, announced its partnership with Alipay+ in order “to power a seamless travel and checkout experience for international visitors.” Consumers from South Korea, Singapore, the Philippines, Thailand, Mongolia, Italy as well as… Read More

Research from Coda Payments and Niko Partners Examines Gaming Industry Ecosystem in Southeast Asia

Research from Coda, the global firm focused on content monetization solutions for gaming and digital publishers, and Niko Partners, the provider of market intelligence on the video game industry in Asia and MENA, dives into “the evolving landscape of the gaming industry, and the opportunities… Read More

Fintech ClearBank Provides LemFi with Agency Banking Services to Enhance Global Payment Services for Emerging Market Immigrants

ClearBank is providing LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe. ClearBank, the enabler of real-time clearing and embedded banking for financial institutions,Ā  announced its partnership with LemFi (formerly known as Lemonade Finance), a… Read More

Ant International, Grab, and StraitsX Explore PBM for Cross-Border Payments

Ant International, Grab, and StraitsX have announced a collaborative effort to explore the potential application of Purpose Bound Money (PBM) in cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be used and first introduced by MAS… Read More

Vietnamese Consumers Prefer Digital Banking, Modern Payment Methods

A recent study conducted by the United Overseas Bank (OUB) suggests that Vietnamese consumers are increasingly turning to digital banking and modern payment methods, with convenience and speed as among the major factors cited for the preference. The report,Ā ā€œASEAN Consumer Sentiment Studyā€, indicates a significant… Read More

Global Fintech Rapyd Expands Card Acquiring Solutions to Singapore

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapydā€™s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

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