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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

News came this week that as many as half of the ATMs that dot the country’s landscape may be shuttered by March of 2019. The estimate is courtesy of the Confederation of ATM Industry (CATMi), which focuses on the domestic ATM industry. million ATMs across India, per data from the Reserve Bank of India (RBI).

ATM 75
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Bitcoin Daily: BitBay Will No Longer Support Monero’s XMR; Bitcoin ATMs Coming To More Shopping Malls

PYMNTS

C Labs, which is working on mobile-friendly crypto payments tool Celo, has hired Jai Ramaswamy, a former U.S. And Bitstop has announced a partnership with Simon Malls to bring a fleet of Bitcoin ATMs to various shopping destinations. government official and bank executive.

Bitcoin 56
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Comdata Opens Up Digital Payment Tool To Trucking Businesses

PYMNTS

Those funds can be used for point-of-sale purchases and ATM withdrawals and can also pay for discounted fuel and hotel rooms via the Comdata Proprietary Network. As well, “a business owner can receive a settlement payment electronically and distribute it quickly to drivers through Comchek Mobile’s peer-to-peer transfer function.

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How Cash Keeps Its Cool In The Economies Of The Americas

PYMNTS

and, given its centuries-old influence in commerce, it’s no wonder it still thrives in today’s global economies — even as competition from new payment methods has started to emerge. But are these new payment tools beginning to chip away at cash’s influence? Cash’s role in commerce dates back to 600 B.C. In the U.S., trillion.

Economy 49
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Inside Africa’s Fastest Growing Fintech: How Moniepoint is Supporting the Underbanked in Nigeria

The Fintech Times

In August 2023, we launched our personal banking solution through Moniepoints subsidiary, Moniepoint Microfinance Bank, offering a reliable debit card which can be used at ATMs, POS terminals, and online; alongside a personal banking app where users can make transfers, pay bills and buy airtime.

FinTech 59
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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

Financial institutions (FIs) and payment players are now facing questions not only about how they can satisfy their customers after long months of constant change but also about which of these changes will remain once the health crisis has passed. Around The Next-Gen Debit World.

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NEW REPORT: Helping Beauty Professionals Tame The Cash Flow Beast

PYMNTS

But new payment tools are now available to help these gig workers enforce fees for late and no-show customers, giving them access to more control over a steady cash flow. Meanwhile, in another part of the world, a new payment tool from TerraPay could make physical money in several African markets less relevant.

Checks 55