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Mobile Payments and Financial Education: Empowering Users in South Africa

A deep dive into mobile payments in South Africa

Friday, 24/03/2023 | 22:34 GMT by Finance Magnates Staff

Payments Firm Boku Reports $28.9 Million Profits in 2022

Boku showed a visibly higher yearly net income than the year before.
The company's share rebounded from a five-month low.

Tuesday, 21/03/2023 | 08:55 GMT by Damian Chmiel

The Role of Mobile Payments in Driving Financial Inclusion in Developing Countries

Mobile payments are quintessential to financial inclusion. Here's why.

Tuesday, 14/03/2023 | 14:55 GMT by Finance Magnates Staff

Mobile Payment Security and Fraud Prevention

A look into the importance of mobile payment security.

Wednesday, 08/03/2023 | 23:27 GMT by Finance Magnates Staff

Mobile Payments in Developing Countries

Advantages, Challenges, and Opportunities

Wednesday, 22/02/2023 | 16:46 GMT by Finance Magnates Staff

Payment Firm Boku Expects a 9% YoY Revenue Jump in H2 2022

It is expecting an annual EBITDA of at least $20 million.
The monthly active users on the platform jumped 28 percent.

Tuesday, 17/01/2023 | 08:21 GMT by Arnab Shome

PayU Gets Regulatory Backing to Acquire Colombian Fintech Ding

The approval came from Colombia's SIC and SFC.
PayU and Credibanco entered an agreement on Ding months ago.

Friday, 16/09/2022 | 00:04 GMT by Solomon Oladipupo

Swiss Fintech Klarpay Gains Visa Principal Membership

Klarpay to access Visa's cross-border network.
The membership is an addition to Klarpay's Level 1 PCI DSS Certification.

Wednesday, 06/07/2022 | 12:31 GMT by Solomon Oladipupo

High Demand for Digital Payments, 1.4 Billion People May Use Biometrics Payments by 2025

BNPL is popular among millennials and Gen Z according to a new study.
Cashless payments in Southeast Asia is expected to reach $1 trillion by 2030.

Wednesday, 06/07/2022 | 06:20 GMT by Matti Williamson

Fintech PocketApp Gets AIP for Nigeria's Apex Bank’s MMO License

PocketApp just rebranded from Abeg.
MMO license is a permit to create and manage digital wallets and issue electronic money.

Monday, 27/06/2022 | 20:38 GMT by Solomon Oladipupo

Analysis

Analysis

Analysis

Analysis

UPI in India: Is It Better than Other Mobile Payments?

It processed $133 billion in transactions in May 2022.
The network is also expanding internationally.

Monday, 27/06/2022 | 10:26 GMT by Arnab Shome

MFS Africa Acquires GTP in Rare Acquisition of US Tech Firm

The deal is reportedly worth $34 million.
The CEO Okoudjou says the acquisition is a "momentous milestone" for Africa.

Wednesday, 08/06/2022 | 15:52 GMT by Solomon Oladipupo

Thunes Partners with MOVii to Power Cross-Border Payments in Colombia

MOVii says it has more than 3 million mobile wallet users.
Thunes’ global network spreads across 127 countries.

Friday, 27/05/2022 | 13:14 GMT by Solomon Oladipupo

Canadian Bitcoin Firm, Shakepay, Gains New Security Certificate

Attestation took several months of working with auditors from A-LIGN
The audit was based on principles set by AICPA's TSC.

Tuesday, 10/05/2022 | 13:49 GMT by Solomon Oladipupo

Payments Firm Boku Turns $4.4 Million Profits in 2021

The company became profitable after a grave year of losses.
It is now focused on expanding services this year.

Tuesday, 29/03/2022 | 07:07 GMT by Arnab Shome

Zotapay Reach Malaysian Clients via DuitNow QR Standard

DuitNow QR codes is a very popular payment method in Malaysia.
By 2024, the mobile payment market size is expected to hit 3 trillion.

Wednesday, 23/03/2022 | 16:08 GMT by Matti Williamson

Worldline in Talks to Sell TSS Terminals Business to Apollo

Worldline will sell a subsidiary business to raise new capital and cut debt.
The firm has entered talks with Apollo Funds interested in taking up the business.

Monday, 21/02/2022 | 16:00 GMT by Nicholas Otieno

Worldline Expands Payment Offering for Global Merchants

The company has announced the integration of Alipay+ into its global portfolio.
The enhanced offering will support merchants through a wide range of digital payment options.

Thursday, 10/02/2022 | 13:57 GMT by Bilal Jafar

PayedIn Launches Its Pay Solution App in Nigeria

The fintech firm aims to enable businesses to access efficient ePayment solutions.

Sunday, 30/01/2022 | 10:05 GMT by Nicholas Otieno

Bitwage Launches New Bitcoin-Friendly Platform

Bitwage unveils a new platform for its new users.
The new platform offers bitcoin payment solutions to companies and workers

Sunday, 30/01/2022 | 09:55 GMT by Nicholas Otieno

Trust Payments Announces Expansion of Its Retail Forex Business in Cyprus

Trust Payments confirms expansion in Cyprus.
The global payments group wants to accelerate its FX business on the island.

Thursday, 27/01/2022 | 08:13 GMT by Nicholas Otieno

Santander Rolls Out a ‘Buy Now, Pay Later’ Service to Compete with Fintech Rivals

Santander is launching a new ‘buy now pay later’ service across its European markets.
The bank wants to fight off competition from other fintech rivals.

Thursday, 27/01/2022 | 07:45 GMT by Nicholas Otieno

Institutional FX

JPMorgan Eyes Viva Wallet, to Acquire 49% Stake

The deal is estimated to be worth 700 million Euros.
Haris Karonis to retain the remaining shares.

Tuesday, 25/01/2022 | 14:44 GMT by Matti Williamson

Ford Signs 5-Year Deal with Stripe to Boost Its Digital Payments

Ford has partnered with the online payments group, Stripe.
The motor company wants to accelerate its digital transformation.

Monday, 17/01/2022 | 22:33 GMT by Nicholas Otieno

Mizuho Bank Invests in Vietnam’s Payment Platform

M-Service is Vietnam’s leading digital payment company.
The fintech company operates the MoMo brand.

Friday, 24/12/2021 | 08:40 GMT by Bilal Jafar

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