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Cards & Payments

Mastercard Scales Automated B2B Payment Processing Globally

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 Managerโ€”an automated platform that helps make virtual card payments more streamlined,...

Visa Opens First Visa Data Centre in Africa, in Johannesburg

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 UPI Integration Expands Cross-Border Payments

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...

Chattogram Port Unveils New Digital Payment System

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 Launches Physical Mastercard Commercial Credit Card to Empower Global Business Payments

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 & Visa Expand Digital Payments for Africaโ€™s Inclusion

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...

Govt Plans to Provide Credit Guarantee Coverage for MSMEs

The government is working on a scheme to assist micro businesses meet their immediate needs for working capital by giving them credit cards with a Rs 5 lakh maximum. This plan will offer credit guarantee coverage for micro businesses,...

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