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Digital Payments Financial Inclusion Instant Payments 
Fintech Finance
MARCH 24, 2025
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.
Fintech Finance
MAY 1, 2025
AfricaNenda Foundation has released its 2024 Annual Report, marking a significant year of transformation and impact in its mission to accelerate access to inclusive instant payment systems (IIPS) across Africa.
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Fintech Finance
MAY 27, 2025
Mashreq , one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required.
Fintech Finance
MARCH 24, 2025
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.
Payments Source
AUGUST 31, 2020
Transfiya, a blockchain-based funds transfer system, is transforming payments in Colombia for the benefit of underbanked and financially excluded consumers.
The Payments Association
MARCH 19, 2025
Early 2000s The turn of the millennium saw the rise of tech companies attempting to break into new ground in the digital payments and e-commerce space, with PayPal at the forefront. The fintech pioneered the first phase of digital payments, enabling secure online transactions and laying the groundwork for future wallet technologies.
PYMNTS
JULY 26, 2020
India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp.
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PYMNTS
FEBRUARY 1, 2021
The global payments ecosystem is still in flux after a year of rapid changes caused by the pandemic, and instant payments are becoming more intriguing to consumers around the globe. One PYMNTS study found that 59 percent of United States consumers would use instant payments because of their convenience, for example.
PYMNTS
JANUARY 11, 2021
Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Pakistan has the distinction as a country where only some economic transactions happen on the books.
Fintech Finance
JULY 4, 2024
SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. Even in today’s digital-first economy, connectivity issues can present challenges for digital payment transactions, especially in rural areas. billion unbanked people worldwide.
The Fintech Times
JANUARY 28, 2025
The Central Bank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a payment institution (PI) in the electronic money issuer category. This achievement marks a significant milestone for PagBrasil as the digital payments solutions market continues to grow.
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Fintech News
NOVEMBER 12, 2024
These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. The exhibition area hosted over 600 exhibitors and 41 international pavilions across five thematic zones.
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The Payments Association
DECEMBER 18, 2024
Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8 Key trends will include the acceleration of cross-border, real-time and instant payments and the rise of cashless economies. This will help create digital payment ecosystems that can reach the 1.4
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Finextra
JUNE 11, 2025
Post-Independence (1947 - 1990s): Building the Foundation After independence, India focused on strengthening its financial infrastructure and extending banking services. Nationalization of Banks (1969, 1980): A major policy shift aimed at increasing financial inclusion and directing credit to priority sectors.
M2P Fintech
AUGUST 25, 2023
But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. Clocking a record high of 9.96
The Fintech Times
MARCH 4, 2025
The Latin American payments sector has been dominated by the success of Pix. In fact, according to a report by Matera, an instant payments, QR code, and digital ledger technology firm, Pix transactions exceeded six billion monthly in Q4’24. What are the main factors driving financial inclusion in LatAm?
Fintech News
MAY 11, 2025
Ant Group (China) Alipay+ illustration, Source: Alipay+ Formerly known as Ant Financial and Alipay, Ant Group is a fintech leader and affiliate of Chinese multinational tech company Alibaba. billion users, while its Aliplay+ service connects more than 35 digital wallets to over 90 million merchants in 66 markets.
Fintech Finance
FEBRUARY 27, 2025
Dock and Credibanco have joined forces to support Bre-B, a new instant payments tool launched by Colombia’s Banco de la República to transform the Colombian payment system. Security, a key component in instant payments, is another fundamental pillar of Credibanco’s offering.
PYMNTS
FEBRUARY 2, 2021
In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. All of these factors create a “perfect combination for digital payments to take off in these markets,” he said. To that end, Amir Wain , CEO of i2c Inc. Issuance Matters, Too .
Fintech News
JULY 3, 2024
The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). trillion by 2025.
PYMNTS
SEPTEMBER 8, 2020
The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system.
Finovate
JULY 19, 2024
A key part of Brazil’s PIX instant payments ecosystem, Matera offers core banking, instant payments, and QR code payment technology to more than 250 banks, credit unions, and financial institutions globally. To this end, the company has acquired U.S.-based based data intelligence start-up Hyperplane.
Clearly Payments
OCTOBER 31, 2024
Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Unlike cryptocurrencies, CBDCs are state-backed and pegged to the value of the national currency, aiming to provide a secure and stable digital payment option.
Clearly Payments
FEBRUARY 27, 2025
Global Ecommerce Growth The global ecommerce market has seen explosive growth over the past few years, driven by increased internet access, mobile commerce, and the rise of digital payment solutions. Brazil Brazil’s instant payment system, Pix, is projected to overtake credit cards in the local online purchasing market by 2025.
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Fintech Finance
APRIL 16, 2024
Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has today announced a partnership with Loop , a major e-Money institution (EMI), to power its Fintech-as-a-Service offering in the Kingdom of Saudi Arabia (KSA).
The Fintech Times
NOVEMBER 7, 2024
Financial inclusion, digital and fintech While the World Bank says that at least 80 per cent of adults in the Maldives have a bank account with a traditional financial institution, the nation’s central bank, the Maldives Monetary Authority (MMA), says that cash remains the most popular payment method.
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The Fintech Times
MARCH 18, 2025
Wipay Another International Pix partner is Wipay, a Spanish company specialising in payment technology, which has announced the arrival of the Pix Instant Payment System in Europe. This achievement marks a significant milestone in the expansion of digital payment solutions.
Fintech Finance
SEPTEMBER 4, 2024
Paymentology , the leading global issuer processor, today announces a continuation of its partnership with Zambian fintech, Union54 , a company dedicated to providing secure messaging and instant payment systems. This partnership comes at a time of rapid growth in Zambia’s digital payments sector.
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The Fintech Times
JUNE 13, 2024
Real-time revolution: How MENA is leading the rise of instant payments Mostafa Menessy, co-founder and CTO of fintech solution provider Paymob The MENA region is emerging as a global leader in instant payments, driven by rapid technological adoption, strategic government initiatives, and a robust increase in digital payment transactions.
Fintech Finance
OCTOBER 4, 2024
. “During the Payments Summit, we heard from numerous global players that emerging countries are becoming increasingly important to their businesses. They have enormous digital potential that is catching the attention of the entire world.” “This is financial inclusion, this is access.”
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Fintech News
SEPTEMBER 10, 2024
A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The digital payment revolution The first trend outlined in the report is the digital payment revolution.
Fintech News
DECEMBER 10, 2023
Combatting fraud As the world becomes more interconnected and instant payments gain prominence, the threat of fraud also rises. Push payment fraud, where funds are transferred to fraudulent accounts, is a significant concern. The immediacy of instant payments demands precision and validation.
120 
The Payments Association
JUNE 3, 2025
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.
88 
The Fintech Times
MAY 8, 2025
Global paytech EBANX , which specialises in payment services for emerging markets, has successfully integrated UPI Autopay, the recurring payments feature of Indias instant payments system, Unified Payments Interface (UPI), into its cross-border payments platform.
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PYMNTS
JANUARY 12, 2021
In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Pakistan Launches Payment System To Boost Financial Inclusion.
The Fintech Times
FEBRUARY 13, 2024
The first project proposes the introduction of an additional service to the InstaPay application, enabling customers to initiate transfers from Visa-linked accounts outside Egypt, with funds seamlessly deposited into registered customers’ accounts or transferred to other customers via the Instant Payments Network (IPN).
Fintech Finance
DECEMBER 8, 2023
Unbeknownst to them, they are all integral players in the ongoing instant payments revolution. People have seamlessly embraced various instant payment methods, with NIP in Nigeria, UPI in India, and Pix in Brazil emerging as the standout choices for their daily transactions. The numbers tell a compelling story. .
The Fintech Times
JULY 5, 2024
Security technology company Giesecke+Devrient (G+D) has launched a new token-based payment solution, ‘G+D Filia Unplugged’, enabling secure offline payment transactions. “Offline payments are the missing link in the digital payment sphere.
The Payments Association
MARCH 18, 2025
Open finance represents more than an incremental step beyond open bankingit is a structural shift toward interconnected financial ecosystems, with major implications for product development, partnerships, and customer ownership in the digital payments space. As of 2023, account-to-account (A2A) transactions in the U.S.
88 
PYMNTS
AUGUST 6, 2019
It is common to receive instant payments for ad hoc employment and other work-related reimbursements, but real-time Social Security and retirement payouts have yet to gain traction. Retirees are used to digital disbursement methods, but instant payments have not become popular within the U.S.
The Fintech Times
JUNE 26, 2025
The London-based fintech is planning expansion into new markets and sectors, building on its instant payments and identity platform for igaming. Craig Ramsey, head of real-time and account-to-account payments at ACI Worldwide, has been elected to the US Faster Payments Council board of directors.
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Finovate
MARCH 7, 2025
Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. Sadad teamed up with Mastercard to enhance digital payments in Qatar.
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The Payments Association
JANUARY 21, 2025
Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusive payment solutions.
Fintech News
FEBRUARY 8, 2024
Real-time payment platforms, such as India’s Unified Payments Interface (UPI), revolutionise financial transactions, enabling instant payments and fostering financial inclusion. By 2030, it is predicted that this percentage will more than double.
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