News
Pine Labs buys Qfix to beef up its online payments gateway offering
Indian digital payments and financial service provider Pine Labs has acquired Qfix to bolster its play in the online payments gateway segment. Read more…
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Save Now, Pay Later may be an antidote for the Buy Now, Pay Later trend
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…
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China’s e-CNY wallets – mass downloads but few transactions
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…
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More small businesses plan to accept crypto payments in 2022
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…
News
Australia to overhaul payments laws to regulate crypto and BNPL
Australia will create a licensing framework for cryptocurrency exchanges and consider launching a retail central bank digital currency. Read more…
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The BNPL market is full of opportunity and fraught with danger
The BNPL market (Buy Now Pay Later) is new and expanding rapidly, led by industry icons such as PayPal. But already we are seeing threats. Read more…
News
Dorsey’s Square is now Block (as in blockchain)
Square says it’s changing its name to Block as it looks to expand beyond its payment business and into new technologies like blockchain. Read more…
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Amazon-Visa feud indicates power shift to retail in payment fees
Amazon’s latest spat with Visa shows big retailers are gaining the upper hand in their power struggle with card providers. Read more…
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Singapore’s Sea Limited reports mixed results for Q321, stocks down
Sea Limited shares fell 3.5% this week after releasing mixed earnings for the third quarter of 2021, as higher expenses offset earnings. Read more…
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India will allow cryptocurrencies for assets but not payments: report
India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold: report Read more…
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Google to let South Korean developers use third-party payment systems
Google will allow third-party payment systems in South Korea – marking the first time it’s amended its payment policy for a specific country. Read more…
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The Facebook outage may throw its financial aspirations off course
The Facebook outage caused inconvenience to millions, irritation to many and glee for its critics. There are other, serious consequences. Read more…
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Philippine central bank rolls out QR PH for person-to-merchant payments
Bangko Sentral ng Pilipinas (BSP), the country’s central bank, launched the QR PH person-to-merchant (P2M) system that uses QR codes Read more…
News
Paidy gets pay day as PayPal buys it to boost Buy Now, Pay Later boom
PayPal said it would acquire Japanese BNPL firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot. Read more…
Views
The BNPL market is hot, growing and brings the threat of global disaster
BNPL is not new but has been thrown into the spotlight by Square’s acquisition of AfterPay in Australia – for a staggering $29 billion. Read more…
News
What Square’s acquisition of Afterpay means for BNPL in Southeast Asia
E-commerce has driven the growth of BNPL as a new payment model that gives Southeast Asian buyers greater freedom over their purchases. Read more…
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Australian regulator to authorise media group talks with Facebook, Google
ACCC to authorise Country Press Australia and members to collectively negotiate with Facebook and Google over payments for their news content. Read more…
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Super-apps are the new battleground in fintech – who is in the game?
Super-apps are now in the spotlight in the battle to attract customers away from traditional banks and into the arms of fintech disruptors. Read more…
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PayPal: pathfinder in mobile payments and setting direction for the industry
PayPal has been in the news recently for launching and enhancing services that are changing the way we pay for goods – and manage our money. Read more…
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Indian corporates form consortiums with banks, Big Tech for NUE licences
Indian corporates have partnered with global Big Techs and payments companies to form as many as four consortiums to apply for the license with the Reserve Bank of India (RBI) to become New Umbrella Entities (NUE). Read more…