Payments

By leveraging its virtual card technology, Mastercard aims to expedite payments, providing a swift and secure financial ecosystem for healthcare providers and insurers.In a strategic collaboration with Remedinet, a cloud-based healthtech…

An “X Payments” account was seen on the social media platform on Jan. 19 as Elon Musk’s company continues to bag money transmitter licenses across the United States. While unconfirmed, the development would likely align with Musk’s vision…

Delving into the future of finance, the recent panel discussion at Finance Magnates London Summit 2023's (FMLS:23) Innovate Stage showcased an intriguing dialogue on Web 3 Payments. From unveiling challenges in B2B transactions to…

Dogecoin (DOGE) is set to gain another use case thanks to the world’s richest man, Elon Musk. This comes following a revelation that the foremost meme coin will be a payment when one of Musk’s groundbreaking projects finally…

In a groundbreaking move, Dubai First, the consumer services platform under First Abu Dhabi Bank (FAB), has emerged as a pioneer in the region by harnessing Mastercard Token Connect to seamlessly transfer customers' tokenized card details…

In a groundbreaking move, Elon Musk's social media platform X, formerly known as Twitter, has revealed plans to launch peer-to-peer payments later this year, as reported in a recent blog post. While specific details about the mechanics of…

A consumer action group is accusing Starbucks of exploiting customers via its gift card and app payments, forcing them to enter a spending cycle where they will never be able to fully spend the remaining balance of prepaid amounts. The…

After a wait of ten long years, the creditors of the now-defunct crypto exchange Mt. Gox are receiving compensation. Several Mt. Gox creditors have taken to social media to confirm receiving payments for their blocked Bitcoin deposits in…

Visa, a global leader in digital payments, has unveiled its definitive agreement to acquire a majority interest in Prosa, a prominent payments processor in Mexico. This strategic move aims to expedite the adoption of secure and innovative…

In an ever-evolving financial landscape, the acceleration of transactions has taken center stage, with instant payments becoming a transformative force. As this payment revolution gains momentum, the success of this swift money movement…