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. “With the Canadian dollar under pressure and potential trade disruptions looming, we designed Float FX to give Canadian businesses an advantage when operating across the border,” Rob Khazzam, Co-Founder and CEO of Float, said. Mastercard announced a strategic collaboration with Nigerian payment solutions provider Nomba.
Fintech-as-a-service provider Soft Space and JCB International Co, the international operations subsidiary of JCB Co Ltd, have jointly introduced Malaysia’s inaugural JCB paymentgateway. The post Soft Space and JCB Launch First PaymentGateway in Malaysia appeared first on The Fintech Times.
JCB), announced the launch of the first ever JCB paymentgateway in Malaysia. Leveraging JCB’s robust global network and Soft Space’s technical expertise, the JCB paymentgateway aligns with the global shift towards diversified digital transactions, meeting the market’s demand for secure, innovative payment options.
In 2024, the CBSL announced that it was planning on introducing a central bank digital currency (CBDC) to the country. According to AB Magazine , mobile payment apps, digital wallets and peer-to-peer (P2P) payment platforms are examples of how the average Sri Lankan has been able to access a financial service.
Cross-border commerce is witnessing steady growth, as US consumers increasingly engage with international retailers. Specialized paymentgateways have been built to enable digital currency payments. Today, more traditional paymentgateways have started to incorporate digital currency features.
While central banks across the globe have begun researching the possibility of introducing a central bank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.
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