Cards & Payments

UBS, PostFinance and Sygnum have completed what is being described as a first for Switzerland’s banking industry: a legally binding interbank payment using tokenized bank deposits on a public blockchain. The pilot, supervised by the Swiss Bankers Association, explored...

Google introduced the Agent Payments Protocol (AP2), an open protocol built together with leading payments and technology companies. The protocol is meant to make agent-led transactions secure across different platforms. It works as an extension of the existing Agent2Agent...

The Central Bank of Oman (CBO) confirmed that local banks will begin rolling out a national payment card developed under its direct supervision soon. The development is an expansion of Oman Net, the country's current domestic payments system. The card,...

European Union (EU) policymakers are accelerating efforts to advance the adoption of the digital euro across eurozone, according to reports, following the recent passage of a US stablecoin law that heightened concerns about the competitiveness of European digital currency. Earlier,...

QNB achieved another major milestone as it became the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform. The solution utilizes Mastercard Gateway's new Hosted Checkout functionality,...

Juspay, a payments technology company that serves business enterprises and banks across the world, has formed a strategic partnership with Outpayce from Amadeus, one of the world’s leading travel technology companies. Under the partnership, Juspay’s platform will be integrated...

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...