Cards & Payments

US-based financial technology services provider Global Payments has entered into a multi-year partnership with Google to deliver advanced cloud-based products and capabilities. Under the partnership, Global Payments will move its merchant acquiring technology to Google Cloud. It would help Google...

UK-based online payments company Paysafe has acquired US-based payment technology company Openbucks, for an undisclosed amount. Openbucks is a payment gateway that enables online merchants to accept retail gift cards as an alternative form of payment to credit cards, which...

UnionPay International (UPI) and PayTabs, MENA's award-winning payment solutions powerhouse, announced a strategic partnership that allows PayTabs merchants to offer UnionPay Cards as an alternative payment method to customers who purchase goods and services online in the United Arab...

The Netherlands Authority for Consumers and Markets (ACM) has launched an investigation into competition in smartphone-based NFC payments, examining whether limitations on access to NFC payments functionality on some devices violates domestic laws. In a statement, ACM noted many phones...

Global tech giant, Google, on Friday criticised India’s move to cap the share of transactions of some companies within the country’s digital payments space, saying it would hinder the nation’s burgeoning digital payments economy. Google’s criticism came after India’s flagship...

Western Union just took another big step toward ramping up its growing digital payments arsenal. The legacy global remittance giant said that it has expanded its real-time digital payout capabilities in a move that encompasses billions of bank accounts...

London-based private equity investor Apis Partners is pumping $35 million into Cashfree in exchange for a minority equity position in the company. Apis, which made the investment through its Apis Growth Fund II, said in a press release that it...