In a move aimed at transforming the digital payment landscape across Eastern Europe, the Middle East, and Africa (EEMEA), Mastercard has entered into a strategic partnership with Dgpays to foster the adoption of digital payment solutions. This collaboration is poised to revolutionize payment experiences by merging Mastercard’s expansive global network with Dgpays’ deep local insights. Central to this initiative is
As digital payments continue to revolutionize the financial landscape, the importance of robust fraud prevention and data security measures has grown exponentially. Trust has become a critical element in this rapidly evolving market, especially in light of increasing cyber threats. Bill Wardwell, general manager at Coupa Pay and Treasury, emphasizes that incidents of fraud and security breaches not only undermine
In a significant move towards digital transformation, Magnati, a prominent payment solutions provider in the Middle East, has joined forces with Arabian Automobiles Company (AAC), the exclusive dealer for Nissan, INFINITI, and Renault in Dubai, Sharjah, and the Northern Emirates. This strategic collaboration brings to the forefront innovative digital payment technologies aimed at enhancing customer experiences. Leveraging Aani, an instant
When thinking about the ongoing digital transformation of global economies, the announcement of Mastercard’s strategic partnership with Dgpays marks a significant development. This collaboration aims to enhance the adoption of digital payment solutions across Eastern Europe, the Middle East, and Africa (EEMEA). By focusing on co-developing advanced payment technologies and loyalty solutions that cater to the unique needs of diverse
AstroPay, a London-based cross-border finance FinTech company, has introduced a multicurrency wallet designed to simplify financial management for users across borders. Announced by CEO Marc Sacal on December 17, this new product aims to make it easier for users to control their finances, regardless of their location or the currencies they use. This launch marks a significant step in AstroPay’s
Volume, a burgeoning payments fintech startup, has galvanized the online payments sector by raising $6 million in a funding round spearheaded by United Ventures. Contributions also came from open finance platform Fabrick and ongoing support from previous investors Firstminute Capital, SeedX, and Haatch. Volume is redefining online payments through its innovative account-to-account (A2A) technology, aiming to render payment fees obsolete.
The announcement of Apple Pay integration for TCB Pay on OpenCart and WooCommerce platforms signifies a strategic move to enhance the payment solutions available to merchants and improve customer checkout experiences. TCB Pay, a recognized leader in innovative payment solutions, now allows its merchant clients to offer a seamless, secure, and efficient checkout process using Apple Pay, meeting the rising
The National Bank of Egypt (NBE), the largest commercial bank in the country, has taken a significant step towards modernizing the payment experience for its customers by introducing Apple Pay. This state-of-the-art payment solution allows for a safer, more secure, and private way to complete transactions without the need to hand over physical payment cards, touch shared buttons, or exchange
In a significant move to enhance the payment experience for users in Latin America, Kuady, a payments service processor, has collaborated with MeridianBet, a global sports betting and gaming provider. This partnership enables MeridianBet customers to take advantage of Kuady’s comprehensive payment services, including real-time deposits and withdrawals. One of the standout features of Kuady’s digital wallet is its robust
As the digital payments industry continues to experience tremendous growth driven by technological advances and changing consumer preferences, investors are keenly watching for the top stocks in this sector. According to The Business Research Company, the global digital payments market was valued at $115.93 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of
In an ambitious move aimed at bolstering digital payment security, Mastercard has announced plans to eliminate physical card numbers and passwords from online transactions by 2030. Utilizing advanced technologies like artificial intelligence, tokenization, biometric authentication, and the Click to Pay digital wallet system, the company is doubling down on efforts to safeguard customer information. This initiative responds to the escalating
In a significant move that promises to bridge the gap in cross-regional digital payments, UnionPay International and WeChat Pay have announced a new collaboration. This partnership allows users from eight additional UnionPay partner e-wallets to scan and use WeChat Pay QR codes for making payments in Mainland China. Among these e-wallets, four are rooted in Hong Kong, namely BoC Pay,
