Tagged: local payments

Smart Payments Provider Credorax Explains how Local Payment Methods can Seamlessly Settle Transactions

Credorax, a “smart” payments provider and “fully-licensed” bank offering cross-border processing for digital commerce and omni-channel payments, notes in a blog post that local payment methods (LPMs), also called alternative payment methods (APMs), are now “disrupting cards’ long-held dominance over the payment landscape.” Maya Shilo-Feldman… Read More

New Instant Payments System “Sarie” Launched in Saudi Arabia to Seamlessly Settle Local Digital Transactions

The reserve bank in Saudi Arabia has introduced an instant payments solution, called the “Sarie” system, in order to carry out low-value transactions within the country. The Saudi reserve bank (SAMA) noted that the new initiative will allow banking customers in the Kingdom to accept… Read More

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