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Tag: digital payments

Finance

South Africa Opens National Payments System to Fintechs in Major Banking Reform

JOHANNESBURG, South Africa, South Africa is preparing to open its national payments system to non-bank companies, including fintech providers, telecommunications operators and retailers, in ...
By Viktor Drake5 days ago0
Finance

Visa Wins Approval to Enter China’s Card Market as Global Payments Competition Intensifies

BEIJING, China, Global payments company Visa has received approval from China’s central bank to establish card clearing operations in the country, marking a major ...
By Viktor DrakeOctober 13, 20260
Finance

India’s UPI Merchant Fee Changes Put Digital Payments’ Business Model to the Test

MUMBAI, Maharashtra — India is preparing for a significant shift in its digital payments landscape as a new merchant fee structure for certain ...
By Viktor DrakeOctober 12, 20260
Finance

Airtel Money’s $7 Billion London IPO Faces a Reality Check as Shares Slip Below Offer Price

LONDON, United Kingdom — Airtel Money, the mobile financial services business of Airtel Africa, began trading on the London Stock Exchange in October with ...
By Viktor DrakeOctober 12, 20260
Finance

TrueLayer Secures $27 Million Investment to Expand Account to Account Payments Across Europe

LONDON, United Kingdom, Open banking company TrueLayer has secured $27 million in investment led by Italy’s CDP Venture Capital, strengthening its plans to expand ...
By Viktor DrakeOctober 10, 20260
Finance

India Weighs Delay to UPI Fee Rollout as Payment Firms Prepare for Major Shift

NEW DELHI, India, India is considering delaying the introduction of a new fee on large Unified Payments Interface transactions, potentially giving digital payment companies ...
By Viktor DrakeOctober 8, 20260
Finance

India’s UPI Payment Firms Negotiate for Larger Share of New Merchant Fees

NEW DELHI, India — India’s payment aggregators are negotiating with sponsor banks for a larger share of the acquiring bank’s revenue from a ...
By Viktor DrakeOctober 3, 20260
Finance

Kuwait Launches Centralised Wage Payment System to Modernise Salary Transfers

KUWAIT CITY, Kuwait — The Central Bank of Kuwait (CBK) has launched the Kuwait Wage Payment System (KWPS), a new digital infrastructure project ...
By Viktor DrakeSeptember 28, 20260

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