Digital Payments

Nov
06

Alipay sets sights on digital payments outside Asia as it teams up with Russia’s Mail.ru

Alipay, one of China’s dominant digital payments providers, has teamed up with Russian internet firm Mail.ru in an e-wallet joint venture to develop digital payments in the country. The joint venture is Alipay’s first outside Asia, where it already partners with local e-wallet providers such as Hong Kong’s AlipayHK, Indonesia’s Dana and Malaysia’s Touch ‘n […]

By Reposted by International FinTech | FinTech . Payments
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Nov
06

GrabPay rated most popular e-wallet in Singapore

Grabpay has emerged as the most popular e-wallet in Singapore over the past two years, as e-payment systems catch on in the city-state. It was followed by e-wallets DBS PayLah!, FavePay, EZ-Link app and Alipay. A report by meta-search website iPrice Group, in collaboration with mobile data and analytics platform App Annie Intelligence, said the […]

By Reposted by International FinTech | FinTech . Payments
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Nov
04

Dutch fintech to bring mobile payments to South America’s smallest country

Dutch fintech Move4Mobile has developed a mobile payments app for Hakrinbank, bringing online payments to Suriname, the smallest country in South America. The app, named Mopé, will enable anyone with a smartphone to make purchases and transfer money electronically in a country where the majority of transactions are performed using cash. Mopé provides a mobile […]

By Reposted by International FinTech | FinTech . Payments
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Oct
28

Iraqi company and Lebanese fintech launch the first digital-only payment card ‘Neo’ in Iraq

Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a […]

By Reposted by International FinTech | FinTech . Payments
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Oct
28

Tron partners with Fintech firm Simplex

Tron, the blockchain-based decentralized platform, has announced a new partnership with the provider of fraudless crypto payment firm Simplex. The announcement on Tron was made on twitter. Simplex acknowledged that it will enable TRX’s purchase with credit cards on its platform. Simplex is a fintech firm that acts as a credit card processor in the […]

By Reposted by International FinTech | FinTech . Payments
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Oct
23

Canada becomes the first country to launch Samsung POS

Today, Samsung Electronics Canada announced that Samsung POS (Point of Sale), a new, NFC-enabled contactless payment acceptance system designed for micro-merchants and small businesses, is now available exclusively in Canada. Samsung POS enables merchants to accept debit and credit payments – up to $100 CDN – by tapping contactless cards, Samsung Pay, Apple Pay, and […]

By Reposted by International FinTech | FinTech . Payments
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Oct
22

Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer

Digital Wallet Corporation (DWC), a Japan-based financial technology (fintech) company, announced today that it has acquired remittance and foreign exchange firm Speed Money Transfer Philippines (SMTP) for an undisclosed amount. SMTP, which operates in the Philippines and Australia, will be renamed as Digital Wallet Philippines following the acquisition. The deal and the name change have […]

By Reposted by International FinTech | Currency . FinTech . Payments
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Oct
21

Cambodia’s Central Bank tests out digital wallet to reduce cross-border payment fees

Cambodia’s Central Bank wants to curtail the cost of cross-border payments and is examining its in-house digital wallet, the Hyperledger Iroha-powered Bakong. Last week, the National Bank of Cambodia (NBC) signed an agreement with Malaysia’s Maybank. The banks will work together to cut down the remittance fees of their respective digital payment platforms – Bakong […]

By Reposted by International FinTech | Banking . FinTech . Payments
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