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Airwallex Reports Strong Growth in Transaction Volume, Revenue for 2024

Fintech News

The companys annualised transaction volume rose from US$100 billion in August to US$130 billion just three months later, following its ARR surpassing US$500 million. This marks a 73% year-over-year increase in transaction volume. Airwallex, a global financial platform, reported significant growth in 2024.

Volume 72
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Can a Large Merchants Negotiate Lower Payment Processing Rates?

Clearly Payments

If you’re running a large business and processing a high volume of payments every month, youre likely wondering if there’s room to reduce your payment processing fees. In this post, well explain how payment processing fees work, why high-volume merchants have more leverage, and what kind of rates you might be able to negotiate.

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With chargeback volume set to hit 324 million in 2028, merchants and issuers need to find a way to protect their bottom line

Tearsheet

The global volume of chargebacks is expected to increase to 324 million in 2028, according to recent data from Datos Insights in partnership with Mastercard. While countries like Brazil are turning customers towards digital channels to submit disputes, research shows that this leads to a 30% to 40% increase in dispute volumes.

Issuers 59
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RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

January 31, it also set new single-day records for payments volume (1,592,419 transactions) and value ($1.44 Accelerating Growth in Real-Time Payments For financial institutions of all sizes, the RTP networks ability to double payments volume in just 18 months signifies the rapid scaling of real-time payment solutions.

RTP 59
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Stripe’s Total Payment Volume Reaches $1.4t as Long-Standing Investments in AI Pay Off

Fintech Finance

trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% The best way to build with stablecoins As tangible uses for stablecoins emerge and transaction volumes surge, Stripe is already helping some of the worlds largest organizations to assemble stablecoin strategies. of global GDP.

Volume 52
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Nexi Leads the Growth of Mobile Payments in Italy: The European PayTech Recorded a 61% Rise in Spending Volumes in 2024

Fintech Finance

In 2024, Nexi led the growth of mobile payments in Italy, recording a 61% increase in spending volumes from smartphones and smartwatches. This is demonstrated by the increase in the volume of transactions through such solutions: the Polytechnic University of Milan reports that this reached a value of 44.7

Volume 59
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Payment Processing USA: 2024 Market Overview

Clearly Payments

payment processing landscape, covering market size, merchant demographics, transaction volumes, major players, and key trends shaping the industry. payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. trillion 2019 $4.0

Process 105