Cards & Payments

Global debit card market was valued at $95.7 billion in 2023 and is anticipated to expand to $151.1 billion through 2032 at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2032. The estimated growth further solidifies...

Mastercard is advancing supplier reconciliation processes and improving the flow of virtual card transactions with new, purpose-built solutions. Today, it has launched the global expansion of Mastercard Receivables Manager—an automated platform that helps make virtual card payments more streamlined,...

Visa Inc opened its first Visa data centre in Africa on Wednesday. Company officials said this was because the economy is growing quickly and more people are using digital payments. Speaking at the launch, Michael Berner, Visa's Head of Southern...

PayPal, a prominent player in global payments, will add Unified Payments Interface (UPI) to let users of the real-time payments system send money across borders to businesses in other countries. As part of the PayPal UPI integration, the company has...

The introduction of a digital payment system that is not only fully automated but also secure is a big step forward in the direction of digital transformation that has been accomplished by the Chattogram Port. The purpose of this...

PhotonPay, a global digital financial infrastructure provider, today announced the launch of its physical Mastercard Commercial Credit Card, marks a new milestone in its global payment solution portfolio, and delivers a unified, secure payment experience to global businesses across...

Absa Group and Visa have extended their strategic cooperation to speed up the development of new digital payments method and make sure that everyone in Africa has access to financial services. The signing event in Johannesburg made the enlarged agreement...