mobile payments

Foreign visitors to China can finally go cashless like locals

Great news for those traveling to China! You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of asking your local

Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution

For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopt

Apple Pay is now available in South Korea

After years of regulatory delays, Apple users in South Korea can finally start using Apple Pay from today.

India’s PhonePe tops $12 billion valuation in new funding

PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startu

Ant’s global play is to be a payments aggregator and it now reaches 1B users

After trying for years to replicate the success of its QR code-enabled payments solution overseas, Ant Group seems to have finally found a path to scaling. Instead of going after end users, the Alibab

UPI supercharged mobile payments in India. It’s now gearing up for next phase of growth.

In just six years, UPI has become the most popular way Indians transact online. The mobile electronics payments system was used for over 6.57 billion transactions in the world’s second largest inter

Block launches Cash App Pay beyond the Square network

Block’s (formerly known as Square) Cash App is now letting users make payments on e-commerce sites outside the Square network. Until now, users could only make payments using Cash App Pay on Squ

PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers

PayPal is expanding further into the charitable donations business with this morning’s launch of support for Grant Payments, the company has announced. The new product has been created in partne

Apple Pay launches in Malaysia

Apple launched Apple Pay, which lets customers make payments in stores and online through iPhone, iPad, Apple Watch or Mac, in Malaysia on Tuesday. Currently, Apple Pay is supported for Malaysian cust

Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

Singapore’s taxi operator ComfortDelGro enables tourists from Malaysia and South Korea to use mobile wallets apps for paying fares

ComfortDelGro, a Singaporean taxi operator, announced Thursday its partnership with Alipay+, enabling tourists from Malaysia and South Korea to use their mobile wallet apps Touch ’n Go eWallet and

Match Group and Google reach an interim compromise over app payments

Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is getting along better with Google, just by a little bit. On Friday, Match withdrew its request for a temporary restraining o

Google launches Google Wallet to help you store your credit cards, tickets and more

At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital IDs, transit passes,

Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate ve

Stripe flexes its fintech muscle with Financial Connections to pull banking data automatically

Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills in some significant gaps in its play to be the fina

Ant Group buys Singapore’s 2C2P to further global payments ambitions

Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and o

PayPal’s new credit card pays 3% cash back on all PayPal purchases

PayPal is revamping its co-branded PayPal Cashback Mastercard credit card, issued by Synchrony, which will now give users 3% cash back when they check out using PayPal and 2% cash back on all other Ma

Flutterwave backs UK fintech Dapio in $3.4M round for its contactless payments play

Dapio, the U.K.-based cashless payment solutions provider for businesses, today announced that it has raised $3.4 million to fuel the launch of its ‘Tap to Pay’ solution for Android users in the U

Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments

Payments — taking and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online. As it grows — fro

Banked raises $20M Series A led by Bank of America and Edenred for US expansion

Banked is a fintech startup that offers an alternative to card schemes. Consumers are able to pay without entering financial data, no need to create an account, no financial details are shared, author
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