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New RBA Data Shows Rapid Rise in Digital Payments

Fintech Finance

New data released today from the Reserve Bank of Australia (RBA) , shows Australians continue to embrace the ease of mobile wallets when making payments. ABA CEO Anna Bligh said the data demonstrated that customers were continuing to switch to convenient digital banking channels. .

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XPP and Oxivo Group Form Strategic Alliance to Transform Public Transport Payment Solutions

Fintech Finance

This partnership contributes to Oxivo’s strategy to extend its dominant position beyond unattended retail payment to public transportation’s tap-to-pay. The post XPP and Oxivo Group Form Strategic Alliance to Transform Public Transport Payment Solutions appeared first on FF News | Fintech Finance.

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PayFuture Expands Into Pakistan, Enabling Global Brands to Enter the High-Growth Market

Fintech Finance

In 2024, Pakistan’s retail payments saw remarkable growth, with transaction volumes rising from 4.7 The widespread use of digital wallets has helped drive the major shift towards ecommerce, with approximately 87% of digital payments made through wallets, compared to 78% in 2023 – while only 13% were through payment cards.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Merchants partner with acquirers or payment processors to enable transactions. Payment processors in the U.S.

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How e-Wallets in APAC Are Leading the Cashless Charge

Fintech News

According to The State of Digital Retail Payments in Asia Pacific 2024 by Forrester , high-growth economies like Indonesia and Malaysia are leading the shift, with consumers increasingly favouring digital payments. These payment systems have revolutionised how Chinese consumers transact.

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Paymob Secures UAE Central Bank License, Cementing Its Role as a Regional Fintech Leader

Fintech Finance

Paymob , the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process. With the UAEs payments market projected to grow to $27.3

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dtcpay Powers Stablecoin Payments at Metro Departmental Store

Fintech Finance

dtcpay , a leading stablecoin payments solution in Singapore, is thrilled to announce a groundbreaking partnership with Metro, one of Singapores most iconic and trusted department stores. This collaboration marks a bold step into the future of retail, empowering Metro customers to shop seamlessly using stablecoins.