payments Archives

Zamp gets big-name funding for its plan to help Web3 firms adopt crypto

May 25, 2022 Staff Writer 0

Former Uber exec Amit Jain is planning a crypto startup called Zamp that has some serious players throwing money at it. Read more…

RBA urges Australian banks to upgrade online payments tech

May 3, 2022 News Centre 0

The Reserve Bank of Australia’s (RBA) is pressing the country’s commercial banks to meet deadlines on new online payments systems. Read more…

WhatsApp to lure Indians to its payments service with cashback rewards

April 27, 2022 News Centre 0

WhatsApp plans cashback rewards to lure more Indians to its payments service, and is testing similar incentives for merchant payments. Read more…

NPCI grants approval for WhatsApp to double its payments user base

April 14, 2022 News Centre 0

WhatsApp wins regulatory approval from India’s NPCI to more than double the number of users of its payments service to 100 million. Read more…

Pine Labs invests in Mosambee to plug retail merchants gap

April 14, 2022 Staff Writer 0

Pine Labs aims to bolster its payments ecosystem via a majority investment in Mosambee, which has a base of 1 million SME merchants. Read more…

Indian crypto exchanges block UPI deposits, frustrating investors

April 13, 2022 News Centre 0

Two major crypto exchanges disable rupee deposits for purchasing crypto via the UPI network, spurring more demand for regulatory clarity. Read more…

Russia needs Chinese microchips for Mir cards to ease sanctions pain

April 5, 2022 News Centre 0

Russia is turning to microchip makers in China to circumvent western sanctions which have boosted demand for Mir bank cards. Read more…

Paytm CEO Sharma denies report that servers share data with China

March 15, 2022 News Centre 0

Paytm CEO Vijay Shekhar Sharma seeks to allay concerns over reports of user data being leaked to Chinese firms. Read more…

Gojek adds MoMo payment option for Vietnam users

March 15, 2022 Joana Bagano 0

Gojek has announced a partnership with digital financial services platform MoMo to enable Gojek users in Vietnam to pay for their rides. Read more…

ENPL is the new BNPL – at least for the hospitality sector

March 11, 2022 Joana Bagano 0

BNPL was one of 2021’s biggest payments trends in Asia. The hospitality industry version is coming: Eat Now Pay Later (ENPL). Read more…

MoMo targets Vietnamese SMEs in its super app quest

February 16, 2022 Joana Bagano 0

MoMo has become a leader in Southeast Asia’s fintech space as it aims to become the next big super app in the region. Read more…

Apple finally presses the button in assault on payments market

February 14, 2022 Alex Leslie 0

Apple finally announced it is serious about payments. For a long time, the industry speculated about when and if Apple would get serious. Read more…

New NFC feature from Apple will turn iPhones into payment terminals

February 9, 2022 News Centre 0

Apple is introducing a new feature that will allow businesses to accept credit card and digital payments with just a tap on their iPhones. Read more…

Pine Labs buys Qfix to beef up its online payments gateway offering

February 9, 2022 Staff Writer 0

Indian digital payments and financial service provider Pine Labs has acquired Qfix to bolster its play in the online payments gateway segment. Read more…

Save Now, Pay Later may be an antidote for the Buy Now, Pay Later trend

January 18, 2022 Alex Leslie 1

Save Now, Pay Later is the latest buzzword on the fintech block, although you would be forgiven for thinking it sounds pretty familiar. Read more…

China’s e-CNY wallets – mass downloads but few transactions

January 17, 2022 News Centre 0

Two weeks after China’s digital yuan launch, e-CNY wallets have seen mass adoption, yet its actual use in transactions has been low. Read more…

More small businesses plan to accept crypto payments in 2022

January 12, 2022 News Centre 0

Almost a quarter of small businesses in nine countries plan to accept digital currencies as payment in 2022, according to a survey by Visa. Read more…