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Digital Payments Advance In India And Africa

PYMNTS

The summer, now drawing to a close, brought significant payments and commerce activity outside the Western world. Online retail continues to grow in the country, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate. Africa, meanwhile, represents the next great tech frontier.

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CurrencyFair Launches Cross-Border Collections Solution

PYMNTS

International payments and money transfer service CurrencyFair has announced Friday (Nov. In addition to its new solution, the company signed a partnership with Chinese wholesale online marketplace, Buy-World, which connects Chinese suppliers with 2.3 million global buyers and an average annual purchasing demand of $500 billion.

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Deep Dive: Making Smarter Payments Safer

PYMNTS

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. One recent report found consumers’ changing habits could help expand the smarter payments ecosystem.

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India’s Payments Power Moves

PYMNTS

However, as demonstrated this summer, the country is not only embracing digital payments, but increasingly attracting competition from some of the biggest players in the industry. That certainly presents a challenge for anyone bent on moving consumers to digital payments, but that doesn’t mean the effort is slowing.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

However, amid the scramble to take advantage of sunset-ing ATMs, might there be additional torque behind efforts to bring India’s payments infrastructure — as well as consumer habits and financial inclusion — further into the digital age? Greenfield Opportunity For Payment Heavyweights. The Opportunity Ahead.

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India Payment And Commerce Competition Heats Up

PYMNTS

Payments and commerce competition in India is quickly heating up in 2018, with Google the latest company to make a major play there as it eyes further expansion in Asia. Google said that Tez , its digital payment app designed for the Indian market, will be rebranded as Google Play, which already operates in 20 countries.

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M&A, Bitcoin Trading Adds $8B In Market Cap To Square

PYMNTS

Square’s founder and chief executive, Jack Dorsey, helped to enable merchants to accept bitcoin as a payment method back in 2014. Square began its journey with in-person solutions, while Weebly began its journey online. Square’s gross payment volume could reach $409 billion in 2026, or 4.1 Didn’t see much.

Bitcoin 101