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Airtel Payments Bank is committed to empowering India with accessible and inclusive banking. With women at the heart of this mission, the Bank ensures that women are central to driving financialinclusion across the nation.
Moniepoint is building an all-in-one, seamlessly integrated platform for African businesses that features services including digitalpayments, banking, foreign exchange, credit, and business management tools. “And with this raise, we’ll be making financial happiness a reality for every African, everywhere.
BKN301 Group , a London-based digitalpayments and banking-as-a-service (BaaS) solutions company, is organising a series of roadshows to drive financialinclusion. The events aim to educate local stakeholders on the potential of advanced digitalpayment solutions tailored to meet diverse market needs.
Saudi Arabia for Information Systems Technology to operate digitalpayment services via an electronic wallet in the Kingdom. This license marks an important step in enhancing the companys position in the growing digitalpayments market in Saudi Arabia.
Network International (Network), a leading payment solutions provider in the Middle East and Africa, has signed a memorandum of understanding (MOU) with GIM-UEMOA , the regional payment scheme which promotes electronic payments across the banking, financial and public administration sectors in West Africa.
The Saint James Municipal Corporation and Mastercard have announced the signing of a Memorandum of Understanding (MOU) designed to foster digitalization as a catalyst for financialinclusion in the municipality.
With digitalpayments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 to 2030, the region’s payment landscape is set for substantial evolution.
Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financialinclusion and wealth creation in East Africa. Mastercard also provides advanced analytics, anti-fraud systems, and digital identity verification to ensure secure payment solutions.
The “LATAM Payment Methods & DigitalPayments 2025: Consumer Trends and Market Forecasts” report has been added to ResearchAndMarkets.com’s offering. Growth is driven by financialinclusion, fintech innovation, and regulatory reforms. trillion by 2027. Mexico 6.4. Argentina 6.5.
Nigerian fintech Moniepoint has secured investment from digitalpayments giant Visa , enabling it to continue its mission to ensure financialinclusion for people across Africa. “Visas investment in Moniepoint is the latest example of our long-standing commitment to advancing digital economies in Africa.
Mexico in Focus: Open Banking and FinancialInclusion A briefing for banks and fintechs, with key insights and details of the opportunities available in LatAm’s third-largest nation. Open Banking represents an important possibility for both financial institutions and the Mexican population.
The Vietnam Consumer Trends 2024 report, released in October, explores key drivers set to fuel Vietnam’s growth and opportunities, highlighting that digitalpayment methods are gaining dominance, and helping improve financialinclusion and accessibility. rate in 2023.
The National Bank of Cambodia (NBC) today marked the official integration of the Bakong Tourists app with Visa , expanding digitalpayment options for international visitors. It also supports ongoing efforts to improve digitalpayment infrastructure and streamline transactions for both tourists and businesses.
Mastercard announced a strategic collaboration with PayTabs Group to facilitate digitalpayment solutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digitalpayments capabilities to provide merchants with a while-labelled digitalpayments platform.
Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financialinclusion and opening up new opportunities to large underbanked communities in many African countries.
Southeast Asias fintech industry is flourishing, driven by soaring adoption of digitalpayments, alternative lending, and wealthtech. It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financialinclusion challenges with 820 million unbanked and 1.8
The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financialinclusion across the continent.
Visa (NYSE: V), a world leader in digitalpayments, and MISA , a provider of digital transformation solutions for finance, accounting, and enterprise management, announced a strategic collaboration to empower Vietnamese businesses through comprehensive digitalpayment solutions.
The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.
In a strategic move to accelerate digitalpayments, financialinclusion, and modernizing the country’s payment ecosystem, BPC , a global leader and payment solutions provider, is announcing the expansion of its operations in Nigeria.
Intesa Sanpaolo and Visa have renewed their multi-year strategic partnership agreement, to accelerate the digital transition and encourage the growth of digitalpayments. Consumers will also be able to enjoy brand new payments innovations, including wearable technology. Stoppani, Country Manager Visa Italy.
Network International, a digital commerce player in the Middle East and Africa (MEA), has partnered with global digitalpayment provider Ant International to bring expanded digitalpayment options to businesses across the region. Alipay+ currently connects over 30 digitalpayment methods across the world.
To promote financialinclusion and accessibility, TerraPay , a leading global money movement company, has partnered with Yape , the superapp of Peru. Diverse Functionality: Users can immediately utilize the received funds across various app features, promoting a cashless economy and fostering greater financialinclusivity.
Financialinclusion is a critical issue, but simply providing access to financial products isn’t enough. True inclusion requires financial literacy, empowering individuals to make informed decisions. AI’s ability to revolutionise money management is undeniable.
Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digitalpayment in Pakistan and support the nations transition toward a cashless economy. According to data from the State Bank of Pakistan, currency in circulation (CIC) in the country increased by 11.2%
Network will also introduce Alipay+ payment solutions to the online platforms it supports in this region, providing consumers a combined online and offline seamless QR code payment experience by using their home e-wallets or preferred digitalpayment methods. The ceremony was witnessed by H.E.
This infrastructure, which was launched in 2019, has considerably helped boost digitalpayment usage, with Doku reporting a fourfold increase in e-money transactions on its platform in 2022, compared with 2021. million at the end of October 2023, while the number of merchants supporting the payment method reached 29.63
Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financialinclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).
Digitalpayments have seen tremendous growth across 2024, and looking to keep this trend going in Italy and beyond, Italian international banking group, Intesa Sanpaolo has renewed its multi-year strategic partnership agreement with payments giant, Visa. Stoppani , country manager Visa Italy.
PayTabs Group , MENA’s award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt , solidifying its commitment to driving digital transformation and financialinclusion across Egypt.
Visa , a global leader in digitalpayments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape. annually from 2025-2030, further strengthen the digitalpayment landscape. in 2024, rising to 6.5%
Africas digitalpayments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digitalpayments economy is expected to reach $1.5 Mastercard remains committed to driving Africas digital growth through investment, innovation, and partnerships.
MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digitalpayment solutions. ” The post Network International appointed as Payment Processing Partner by MTN Group Fintech appeared first on FF News | Fintech Finance.
The event underscored EFTCorp’s commitment to driving financialinclusion and delivering payment solutions that empower businesses across the region. EFTCorp takes seriously its role as a leader in creating payment systems that enhance customer experience and enable companies’ long-term growth.”
These services aim to support businesses of all sizes, particularly small and micro-sized enterprises (SMEs), in their digital transformation and financialinclusion efforts. Alipay+, Ant Internationals cross-border payment platform, connects over 90 million merchants in 66 markets to 1.6
This collaboration aims to enhance financialinclusion and provide accessible remittance options for individuals throughout the region and beyond. The post NomuPay, TerraPay, and KlickEx Pacific Join Forces to Revolutionise Money Transfers to the Pacific Islands appeared first on FF News | Fintech Finance.
As Asian markets surge, they face the dual challenge of safeguarding digital infrastructure while ensuring financialinclusion and bridging technological gaps between advanced and developing economies. In Southeast Asia, digitalpayment transactions are projected to exceed US$1 trillion by 2025.
Amazon has introduced its Pay It Forward report and campaign aimed at closing the remaining gaps in digitalpaymentinclusivity in Singapore. Despite 78% of seniors adopting e-payments by 2022, a significant digital divide persists, particularly impacting older adults and lower-income groups.
Yuno , the leading global payments orchestration platform, today announces a strategic partnership with Openpay, BBVA Group’s digitalpayments company, making it easier for companies of all sizes to conduct online transactions seamlessly and benefit from the country’s e-commerce boom.
Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. This partnership will continue to yield innovation, financialinclusion, and digital technological education for consumers across the nation.”
From digitalpayments to decentralised finance (DeFi), these companies are solving real-world challenges like financialinclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.
By combining Yuno’s payment orchestration capabilities with Nequi’s extensive user base, we are creating powerful synergies that will drive innovation and accessibility in Colombia’s digitalpayment landscape,” commented Catherine Kaupert, Head of Partnerships at Yuno. “At
The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financialinclusion and economic growth. Post pandemic Like much of the world, Laos suffered during the pandemic, and while tourists have started returning, the economy has yet to fully recover.
Combining Mashreq’s regional success with Mastercard’s global and Pakistan expertise, this collaboration will introduce innovative digital propositions to individuals and businesses in Pakistan with the aim of bolstering the digital economy, accelerating digitalpayment adoption and driving financialinclusion in Pakistan.
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