Cards & Payments

India, UPI, PaynowPrime Minister of India, Narendra Modi along with the Prime Minister of Singapore, Lee Hsien Loong recently launched the cross-border payment linkage between India and Singapore using both the countries’ Fast Payment Systems, Unified Payments Interface (UPI)...

Mastercard and Obopay announced their collaboration to launch a financial inclusion card for smallholder farmers and rural communities. Powered by Mastercard’s Community Pass digital infrastructure, the prepaid card will allow farmers to receive the sale proceeds for their crop...

RENTALL has announced the launch of RENTALL Payments, a simplified and seamless payment processing system. Powered by ValPay, RENTALL Payments runs on one easy platform with an integrated terminal to meet rental businesses’ needs. “We are very excited to introduce...

Mastercard, Mastercard has partnered with the Greater Amman Municipality (GAM) and Network International – Jordan to roll out the first transit payment ecosystem in Jordan, in its capital city Amman. The new ecosystem, powered by Mastercard’s Payment Gateway Services (MPGS),...

Emkan Finance, Emkan Emkan Finance, an omnichannel FinTech company owned by Al Rajhi Bank, has collaborated with IBM to develop its digital financing product for Saudi Arabia’s small and medium enterprises (SMEs). The collaboration will enable Emkan Finance to provide...

Nordic payments processor Nets is set to establish Nexi Digital Finland, to drive technological innovation. The new hub will recruit over 50 new software engineers to develop new digital payment products and services. A first of its kind in...

Fraud management has become a massive headache for banks and fintechs worldwide. As digital payments become more popular, projected to grow 12%, reaching US$ 14.8 trillion by 2027, payment frauds are also expected to rise. India follows the international trend....