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Wallet wars: How digital payments are reshaping finance

The Payments Association

X (formerly Twitter) has made its first decisive step into fintech, announcing a partnership with Visa to power its ambitious new digital wallet, X Wallet. CEO Linda Yaccarino framed the move as a leap forward, but the real story is bigger: tech giants are no longer just facilitating payments, theyre actively reshaping the financial industry.

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Aevi Partners With IXOPAY to Connect In-Person and Digital Payment Orchestration for Merchants

Fintech Finance

Merchants today face increasing complexity in managing payments across multiple channels. This partnership seeks to give businesses the flexibility to: Unify their payments Manage in-person and digital transactions seamlessly. Dan Beardall, Head of Partner Strategy, IXOPAY. Dan Beardall, Head of Partner Strategy, IXOPAY.

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Geidea Leads the FinTech Revolution in the Region, Starting With a Network of Thousands of Merchants and Preparing for the SoftPos Launch in Egypt

Fintech Finance

Geidea , a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

The Vietnam Consumer Trends 2024 report, released in October, explores key drivers set to fuel Vietnam’s growth and opportunities, highlighting that digital payment methods are gaining dominance, and helping improve financial inclusion and accessibility. E-wallets followed at 31%, ahead of bank cards at 18%. rate in 2023.

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Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore

Fintech News

In the past decade, digital wallet adoption in Singapore has surged, overtaking long-standing payment methods such as credit cards and cash as the preferred payment method. GrabPay is a mobile wallet and digital payment platform integrated into the Grab super app. It claims 2.3 million customers.

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HyperPay Launches Tap on Phone Solution to Enable UAE Businesses to Use Smartphones as POS Terminals

The Fintech Times

Digital payment solutions provider HyperPay has launched its new Tap on Phone payment solution, HyperTap, to enable UAE businesses to receive payments by using smartphones as contactless point-of-sale (POS) terminals.

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Payment Stats That Will Blow Your Mind (and Change Your Strategy)

Clearly Payments

It’s the end of 2024 and the payments industry isnt just evolving its undergoing a seismic shift thats changing how the world does business. From crazy numbers to transformative technologies, the stats behind todays payment trends are more than just impressive; theyre a roadmap to the future. trillion in 2023.

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