Mastercard has launched a partnership with business-to-business (B2B) payments company PayMate. The collaboration, announced Monday (Nov. 4), is designed to bolster digital B2B payments for companies in Eastern Europe, Middle East and Africa (EEMEA). “The B2B payments market is projected to exceed $3 trillion in...
B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with plans for the combined company to go public in India after the deal closes. PayMate says its platform simplifies and...
The National Bank of Oman (NBO) will leverage PayMate India SPC’s B2B payment automation solutions. By doing so, it will enable the bank’s corporate and small- to medium-sized business (SMB) clients to use their Visa Business Credit Cards for making supplier payments, the companies said in a Monday (Jan....
Digital B2B payments firm PayMate is now doing business in Singapore, Australia and Malaysia. “Our rapid expansion into these countries highlights our commitment to enabling frictionless and highly secure B2B transactions for enterprises,” said Ajay Adiseshan, the company’s founder and CEO, per an IBS Intelligence report Friday (Nov....
October 06, 2021
Small and midsized businesses (SMBs) have faced the brunt of the COVID-19 pandemic. Although governments have made efforts to provide relief, more needs to be done to accelerate digital financial inclusion for corporates and small businesses in the United Arab Emirates. Visa Senior Vice President Otto Williams said the payments company wants to accelerate the […]
May 17, 2018
The SME segment in India has been a consistent bright spot and engine for growth over the last several years. According to government numbers, the micro, small and medium enterprises...
November 04, 2024
Mastercard has launched a partnership with business-to-business (B2B) payments company PayMate. The collaboration, announced Monday (Nov. 4), is designed to bolster digital B2B payments for companies in Eastern Europe, Middle East and Africa (EEMEA). “The B2B payments market is projected to exceed $3 trillion in revenue by 2027, demonstrating significant growth potential,” the companies said […]
September 24, 2024
B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with plans for the combined company...
January 09, 2024
The National Bank of Oman (NBO) will leverage PayMate India SPC’s B2B payment automation solutions. By doing so, it will enable the bank’s corporate and small- to medium-sized business (SMB) clients to use...
November 19, 2023
Digital B2B payments firm PayMate is now doing business in Singapore, Australia and Malaysia. “Our rapid expansion into these countries highlights our commitment to enabling frictionless and highly secure B2B transactions for...
