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Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

The Fintech Times

The nation’s fintech journey began at least as early as 1990 when Nepal Arab Bank (now known as NABIL Bank ) introduced credit cards. Fintech foundations According to the World Bank , the gross domestic product (GDP) per capita of Nepal is around $1,100.

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EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers

Fintech Finance

According to internal data from EBANX , a global Payment Service Provider (PSP) that has already processed transactions for nearly 70% of Brazil’s credit cardholders, fintech companies and digital players now account for 41% of the total value transacted through credit cards for online purchases in Brazil.

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Alternative Payment Adoption Continues to Rise Across Emerging Markets, Reveals EBANX

The Fintech Times

Digital-first financial institutions have become key drivers behind cards’ sustained presence and growth in rising economies, according to new data revealed by EBANX , the global payment service provider (PSP). Four out of 10 of these people are credit card holders.

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Lemonway acquires PayGreen to expand its ecommerce presence

The Paypers

Also, with Lemonway being a payment institution regulated by the ACPR, the company will serve as PayGreen’s Payment Service Provider (PSP), allowing the latter to enter the European market where Lemonway serves over 400 platforms in approximately 20 countries.

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Crypto.com Receives Payment Service Provider Licence from Central Bank of Bahrain

Fintech Finance

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C.

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Paymob secures Central Bank of Oman’s PSP license

Finextra

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP) announces that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it the first international fintech company to be fully licensed in the Sultanate.

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Paymob secures Central Bank of Oman’s PSP license

Fintech Finance

Paymob , the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENAP) announces that it has received the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) license, making it the first international fintech company to be fully licensed in the Sultanate.