PYMNTS

MAY 15, 2019

Coverage includes Wegagen Bank ’s tie-up with WorldRemit for a digital money transfer service for Ethiopia. In Ethiopia, Wegagen Bank is working with WorldRemit for a digital money transfer service, according to reports. With the offering, money transfers can be facilitated to the bank’s Ethiopian branches or over 1.2

eWallet 43

eWallet Online and Mobile Banking Payroll Small Business 43

PYMNTS

JANUARY 19, 2020

Payment is also being delivered directly into bank accounts for people who don’t have smartphones, he said. “We If there are many complaints about this matter (the request to bank in the RM30), we will consider them,” he told reporters. We can study the matter in the future. million received, with almost RM40 million spent, said Lim.

eWallet 59

eWallet Online and Mobile Banking Digital Payments Governance 59

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

eWallet 54

eWallet Online and Mobile Banking Void Non-Bank 54

PYMNTS

MARCH 27, 2019

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. And the number of non-bank eMoney issuers rose from 37 in 2017 to 47 last year.

eWallet 43

eWallet Online and Mobile Banking Mobile Payments Central Bank 43

The Fintech Times

FEBRUARY 29, 2024

. “This transformation aligns with consumers’ growing preference for digital wallet transactions, with forecasts indicating that nearly two-thirds of US smartphone users will use mobile wallet apps monthly, up from half in 2021. In other words, things are warming up, on low flame.

Bitcoin 126

Bitcoin eWallet Online and Mobile Banking Governance 126

PYMNTS

JANUARY 1, 2020

Bank Indonesia is proposing a possible 0.7 percent fee for some eWallet transactions, the sources said, which would end up costing smaller merchants more than they currently pay. Currently, eWallet companies currently don’t have to share any portion of the transaction fees with lenders. 30), citing five sources.

eWallet 52

eWallet Online and Mobile Banking Transactions Payments 52

Fintech Finance

OCTOBER 10, 2024

Alipay+ , Ant International’s cross-border mobile payment and digitalization solution, revealed three trends shaping the future of tourism to the benefit of global merchants and the industry. Alipay+’s mobile payment partners from around the world have also seen significant growth.

Cross-Border 98

Cross-Border Transactions Digital Payments Technology 98

PYMNTS

OCTOBER 18, 2020

Paytm users will face new 2 percent fees for using the credit card attached to their eWallets, a report from Business Today says. Before now, users had to pay the 2 percent fee only if they loaded over Rs 10,000 on their eWallets from a credit card every month. That could include UPI, net banking or cards.

Credit Cards 67

Credit Cards eWallet Debit Card Payment Networks 67

PYMNTS

DECEMBER 19, 2019

To that end, on a grand stage, in payments it is the BRICS that may shape – at least in part – how mobile payments evolve. Drilling down a bit, and as reported in March, through the Russian publication Izvestia, the joint efforts could see the creation of an online wallet that would unite the payment systems of each of those countries.

Mobile Payments 52

Mobile Payments Cross-Border Online and Mobile Banking Payments 52

The Fintech Times

APRIL 29, 2024

The initiative helps global travellers visiting Huangshan enjoy convenient payment options, including card, mobile payment and cash, as well as claim-tailored digital red packets to enjoy shopping discounts and check travel guides and tips in 16 languages.

SARS 72

SARS Online and Mobile Banking eWallet Mobile Payments 72

PYMNTS

JANUARY 7, 2019

Mobile Fuel. The increasing use of mobile phones and mobile devices for commerce and payments around the world — including in countries with relatively undeveloped banking and point-of-sale systems — promises to fuel further spread of alternative payment methods, including PayPal. Expanding Ecosystems.

Alternative Payment Methods 76

Alternative Payment Methods Online and Mobile Banking Payments eWallet 76

PYMNTS

OCTOBER 11, 2017

lags behind other countries that have already adopted EMV card standards (so far, there are around 80 in total), it is only just beginning to see what those 80 other countries have already realized: As commerce moves online, so does crime. Digital goods and online markets are still in their early days, believe it or not. Since the U.S.

Crime 44

Crime Account Takeovers eWallet Online and Mobile Banking 44

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The company also provides a card reader and mobile POS app for free. Read on to find out.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

PYMNTS

DECEMBER 19, 2019

To that end, on a grand stage, in payments it is the BRICS that may shape – at least in part – how mobile payments evolve. Drilling down a bit, and as reported in March, through the Russian publication Izvestia, the joint efforts could see the creation of an online wallet that would unite the payment systems of each of those countries.

Mobile Payments 52

Mobile Payments Cross-Border Online and Mobile Banking Payments 52

PYMNTS

NOVEMBER 1, 2017

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. But merchants without consumer adoption does not a mobile payments ignition strategy make.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Payments Ubiquitous 56

PYMNTS

NOVEMBER 27, 2019

Jack Ma’s FinTech firm has its eye on new companies in emerging markets that focus on payments and online financing, the source said, confirming a DealStreet Asia report. . Ant has said in the past that it is planning to obtain a virtual banking license in Singapore. 26) citing a source. billion users worldwide. .

eWallet 75

eWallet Online and Mobile Banking NOV B2B 75

PYMNTS

FEBRUARY 13, 2020

In today’s top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and Fiserv introduced Scan to Pay, a new way for diners to pay their checks with Apple Pay. The People’s Bank of China (PBOC) has filed over 80 patents as it attempts to take the renmibi to the digital stage.

Online and Mobile Banking 61

Online and Mobile Banking PayPal eWallet Non-Bank 61

PYMNTS

OCTOBER 24, 2018

Customers can add cash to the card to spend at any merchant, online and offline, where Mastercard is accepted around the world. The companies noted that by issuing Mastercard prepaid cards, Grab’s mobile payments platform, GrabPay , will become the first eWallet from Southeast Asia that is accepted around the world.

Visa 50

Visa eWallet Online and Mobile Banking Debit Card 50

Fintech Finance

APRIL 26, 2024

Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+ , a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International. This covers a population of approximately over 1.2

Cross-Border 59

Cross-Border Cross-Border Payments eWallet Digital Payments 59

PYMNTS

AUGUST 12, 2020

Against that backdrop, the country’s central bank, the Bundesbank, has issued an additional 17 billion euros more in notes and coins — in other words, the hard stuff — than was issued in February. That compares, noted the bank, with a normalized three to five billion euros in issued hard cash monthly. percent done in cash.

eWallet 88

eWallet Contactless Payments Central Bank Transactions 88

PYMNTS

NOVEMBER 12, 2018

In addition, Razer ’s mobile wallet dubbed Razer Pay may come to tens of thousands of point-of-sale (POS) terminals in Singapore , and a Worldpay study has found that consumers in Singapore still prefer to make payments with credit cards over eWallets. At the same time, only 13 percent of adult smartphone users in the U.S.

Point-of-Sale (POS) 51

Point-of-Sale (POS) eWallet Credit Cards Online and Mobile Banking 51

PYMNTS

OCTOBER 23, 2019

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. Ant Financial’s Alipay — WeChat Pay’s rival — launched a comparative feature in 2012 that lets users send and receive funds using a mobile number or email addresses. .

Online and Mobile Banking 44

Online and Mobile Banking eWallet Cross-Border Non-Bank 44

Clearly Payments

FEBRUARY 14, 2024

The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options. As of 2023, there were over 4.5 With over 7.2

Payments 82

Payments Value Added Service BNPL ISOs 82

PYMNTS

NOVEMBER 14, 2019

There’s a lot of competition to capture the $6 trillion in online payments for U.S. Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. A new mobile payment service by UnionPay aims to cater to China’s tourists. digital and physical goods that’s expected by 2024.

Online and Mobile Banking 49

Online and Mobile Banking Payments Push-to-Card Mobile Payments 49

PYMNTS

APRIL 3, 2018

Reuters reported news on Monday (April 2) that a regulatory filing has revealed $445 million being invested into India mobile wallet company Paytm by SoftBank and Alibaba. SoftBank is particularly interested in Paytm Mall, the brand name of Paytm’s online marketplace. “We Combined, the funding will value Paytm at about $1.9

Online and Mobile Banking 40

Online and Mobile Banking eWallet Security Payments 40

PYMNTS

AUGUST 17, 2018

16) said that Walmart India’s B2B eCommerce site, [link] , can now support direct online payments between buyers’ and suppliers’ bank accounts, without the parties having to share bank account information. UPI launched in India two years ago as a way to support mobile- and email-initiated payments.

B2B 40

B2B Online and Mobile Banking Debit Card eWallet 40

PYMNTS

NOVEMBER 14, 2017

But between the promise and the reality, some connectivity is on order, bringing consumers payment options – and merchants toward better conversion rates when it comes to online commerce. The stats of Singles Day show the allure of shopping online using an alternative method of payment. Data Point One: 17.6

Alternative Payment Methods 46

Alternative Payment Methods Online and Mobile Banking eWallet Payments 46

PYMNTS

MARCH 21, 2018

First, all of these markets have recently seen increased internet and mobile penetration. So, when eCommerce comes knocking, someone has to come up with an alternative payment method that lets people who are used to transacting in cash or bank transfers access goods online. WeChat Pay is the largest eWallet in the world, with 1.3

eWallet 53

eWallet Online and Mobile Banking Cross-Border Economy 53

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Goodenough said that since 2014, more than 30 million “very active” consumers have brought their buying power online.

Digital Payments 52

Digital Payments Cross-Border Cross-Border Settlement Online and Mobile Banking 52

PYMNTS

SEPTEMBER 19, 2017

The malware, dubbed “ ExpensiveWall ” after the fraudulent app “Lovely Wallpaper,” was loaded into 50 different mobile apps and downloaded as many as 4 million times. Online reviews company Yelp is saying Google broke its promise to stop using content from third-party websites without their permission. Yelp Raises Alarm.

Payment APIs and Integration 40

Payment APIs and Integration Federal Trade Commission Online and Mobile Banking eWallet 40

PYMNTS

MAY 15, 2018

The traditional piggy bank may have outlived its usefulness in economies that are less and less cash-based, but that doesn’t mean it’s time to retire the concept entirely. The more that consumers interact across Samsung’s ecosystem, the more change they get to throw into that digital piggy bank. They are more established in spending.

Online and Mobile Banking 40

Online and Mobile Banking Consumer Research On-Demand 40

PYMNTS

JULY 4, 2017

Identity is key, fostering both financial inclusion — to the tune of 270 million new bank accounts as of March 2017 — and security for the transactions themselves. Mobile reigns here. Smartphones reign within mobile, and the government introduced a United Payments Interface app that ties together interbank fund transfers and Aadhaar.

Online and Mobile Banking 44

Online and Mobile Banking ATM Financial Inclusion Push-to-Card 44

PYMNTS

SEPTEMBER 23, 2020

Tay told PYMNTS in an interview that it has become important to add remittance capabilities to the foreign workers’ app, which the company is achieving in partnership with Banking-as-a-Service (BaaS) provider Nium and its Remittance-as-a-Service (RaaS) platform. How The Pandemic Made Remittances Mobile.

Due Diligence 52

Due Diligence Cross-Border Payments Online and Mobile Banking Cross-Border 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

PYMNTS

SEPTEMBER 9, 2016

The tech mogul praised the work being done with mobile money to build businesses and help communities throughout the continent. The firm is building out its infrastructure using APIs to help enable payments across different options and, in a pan-African manner, stretching across Visa, ACH, cash tokens and eWallets. Mobile Money Push.

Online and Mobile Banking 43

Online and Mobile Banking Economy eWallet Cross-Border 43

PYMNTS

APRIL 18, 2017

With that new focus also comes the rise of the payment hustler — a new breed of fraudster that deals in illicit products of services, typically operates online and has progressed from transaction laundering to payments laundering in the pursuit to get paid from their illegal crimes. Payment Hustlers on the Rise. Knocking the Payment Hustler.

Law Enforcement 45

Law Enforcement Money Laundering Payments Online and Mobile Banking 45