"Fortune published a report that several Big Tech firms, including Apple, X, Airbnb and Google, are exploring using stablecoins for payments, citing sources. A month ago the same magazine reported that Meta was exploring digital currencies. The news follows Uber’s...
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Worldpay Enables Paze, Brings New Levels of Convenience and Speed to Online Checkout
"Worldpay® and Early Warning Services have announced a new partnership at Worldpay’s annual client and partner event, Rethink, to enable PazeSM as a checkout option available to its merchants. Paze is an online checkout solution developed by Early Warning Services...
Card Transaction Handling
India Leads in Remittances – But Trump’s Tax Could Deal a Blow
"Tucked deep in Donald Trump's sprawling "One, Big, Beautiful Bill Act" is a clause that could quietly take billions from money sent abroad. It proposes a 3.5% tax on remittances sent abroad by foreign workers, including green card holders and temporary visa workers...
PhonePe to Launch UPI Payments for New Feature Phone Users
PhonePe Limited announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a mobile application built on top of NPCI’s UPI payment solution for feature...
New York Legislature Passes Law to Protect Cash Payments
"The New York State Assembly and Senate have passed a law that bans grocers and retailers from refusing cash. The bill aims to protect senior citizens, unbanked and other individuals who primarily pay with cash, according to a press release."
Fiserv to Acquire AIB Merchant Services
"Fiserv, Inc. announced that it has agreed to acquire the remaining 49.9% of AIB Merchant Services (AIBMS), its joint venture with AIB Group, in a transaction focused on driving continued growth in Ireland and the broader European market. Founded in 2007, AIBMS is one...