Fintech News

DECEMBER 2, 2024

From cash-reliant to a cashless Vietnam The report, based on a consumer survey of over 2,100 participants, reveals that 37% of respondents used bank apps for their most recent purchases, making it the most popular payment method. E-wallets followed at 31%, ahead of bank cards at 18%.

Financial Inclusion 112

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 112

Clearly Payments

MARCH 14, 2025

Merchant Sells goods/services and accepts credit card payments. Acquiring Bank The acquiring bank processes the transaction on behalf of the merchant. Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Card networks route transactions between banks (e.g.,

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech Finance

OCTOBER 2, 2024

The Kazang Pay enabled terminal in Zambia accepts VISA debit and credit cards as well as mobile wallet payments. It’s as easy as letting the customer tap or insert their bank card and enter their PIN on the secure scramble PIN pad. The goal is to enable the majority to accept card payments over the next six months.

Acquirers 98

Acquirers Point-of-Sale (POS) Value Added Service Credit Cards 98

Stax

MARCH 13, 2025

Credit and debit cards have become the preferred payment methods for many, and it isn’t hard to see why. In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. Debit card interchange fees are lower than that of credit cards.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

EBizCharge

MARCH 31, 2025

They act as holding accounts where funds from customer transactions are temporarily deposited before being transferred to the businesss primary bank account. Payment gateways: Payment gateways facilitate communication between merchants banks, card-issuing banks, and credit card networks to complete card transactions.

Service Provider 52

Service Provider MSPS Payment Gateways Online and Mobile Banking 52

Stax

NOVEMBER 21, 2024

We have broken down the process into three key steps below: Payment initiation This first step is triggered when your customer pays for your goods or services using a credit card. The payment could also be made via digital means.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Finovate

SEPTEMBER 20, 2024

Despite over 45 million cards in circulation across the country, product offerings remain limited and retail lending is especially underdeveloped, representing just 12% of GDP.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122