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Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

Key 2024 results include: 90% growth in volume transacted YoY 1 More than $12 billion in transactions Bitso Business managed more than 10% of total remittances between US and Mexico, which today is considered the biggest remittances corridor of the world 2. For these transactions, in 2024 3 Bitso Business registered a volume of more than $6.5

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The Stablecoin Revolution in Remittances

Finextra

Key Facts & Statistics Transaction volume : In 2024, stablecoin volume hit $27.6 For perspective, monthly volumes climbed from $1.9T With billions in transaction volume, growing institutional backing, and evolving regulation, they’re evolving from a crypto niche into mainstream financial infrastructure.

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FV Bank Rolls Out Virtual Account Identifiers to Automate Payment Attribution

The Fintech Times

FV Bank, a US-licensed digital bank serving small and medium-sized enterprises, has launched a new Virtual Account feature to tackle a major operational challenge in global payments: attributing high volumes of incoming transactions quickly and accurately.

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What is a Merchant Account and Does Your Business Need One?

EBizCharge

Merchant account providers (MSPs) often offer tailored solutions based on the type of business and online transaction volume. Businesses can open a merchant account in a few key steps to gain access to comprehensive financial statements and reporting tools, helping them better manage transaction volume and payment processing.

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With chargeback volume set to hit 324 million in 2028, merchants and issuers need to find a way to protect their bottom line

Tearsheet

The global volume of chargebacks is expected to increase to 324 million in 2028, according to recent data from Datos Insights in partnership with Mastercard. While countries like Brazil are turning customers towards digital channels to submit disputes, research shows that this leads to a 30% to 40% increase in dispute volumes.

Issuers 59
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Mastercard and PayTabs Collaborate to Empower Egypt’s Small and Medium Enterprises Through Private-Labeled Digital Payment Solutions

Fintech Finance

Together with Mastercard, we aim to boost digital transaction volumes, expand the reach of online payments, and elevate the overall user experience for both merchants and customers in Egypt.” The platform also provides a seamless payment experience, particularly for mobile users.

Visa 85
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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

The ideal payment gateway should match your business model, target audience, transaction volume, and nature of products or services. However, it might only be suitable for smaller transaction volumes. This model is more transparent and cost-effective for businesses with higher sales volumes. The percentage ranges from 0.2%