Payment Service news and trends

Afreximbank Launches AfPAY Trade Payment Service in Africa
B2B Payments // October 02, 2022

The African Export-Import Bank, or Afreximbank, announced Thursday (Sept. 29) the broad launch of a payment service called AfPAY with the stated goal of facilitating easier transactions among African financial institutions. The announcement said: “Afreximbank developed the product specifically to address the banking challenges confronting...

Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Payment Methods // July 01, 2020

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator Cielo, Reuters reported. According to Cade, the decision was made because preliminary information from both Cielo and Facebook indicated that...

Mastercard Joins Pay.UK’s ‘Request To Pay’ Service
Payment Methods // September 24, 2019

Mastercard is joining Pay.UK’s Request to Pay bill pay service to help provide customers with bill payment options, the company said on Tuesday (Sept. 24). The service, called Mastercard’s Request to Pay solution, will launch in the first quarter of next year. It will give...

Amazon Pay Gets Its Alternative Wings
Digital Payments // November 29, 2018

Alternative Airlines, a website that allows customers to search for airline flights, and Amazon Pay, which allows people to pay using their Amazon payment information, have teamed up to provide a new payment option, according to a press release by the airline search company. Rather...

Interviews & Exclusives
Where In The World Is Alipay?

September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America being the only major exception (besides Antarctica, though we hear the tourism scene there is heating up, so who knows — it could be next!). […]

Quick Reads
Equals Group to Introduce A2A Payments After Roqqett Acquisition

November 28, 2022
Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the U.K.-based FinTech Equals said the purchase of the open banking payments firm will enable it to offer its merchant customers the ability to accept account-to-account (A2A) payments. It added that […]

Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo

July 01, 2020
Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator Cielo, Reuters reported. According to...

Mastercard Joins Pay.UK’s ‘Request To Pay’ Service

September 24, 2019
Mastercard is joining Pay.UK’s Request to Pay bill pay service to help provide customers with bill payment options, the company said on Tuesday (Sept. 24). The service, called Mastercard’s Request...

Amazon Pay Gets Its Alternative Wings

November 29, 2018
Alternative Airlines, a website that allows customers to search for airline flights, and Amazon Pay, which allows people to pay using their Amazon payment information, have teamed up to provide...