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Stitch Raises $55 Million to Enhance Payment Solutions in South Africa

Funding Boost Aims to Revolutionize Digital Transactions Across the RegionHighlights: Stitch successfully raised $55 million in a new funding round.The investment will primarily enhance...

Contactless Payments Dominate UK Spending in 2024

A record-breaking 94.6% of eligible in-store card transactions in the UK were made using contactless technology last yearHighlights:Contactless payments accounted for 94.6% of...

Zelle Discontinues Standalone P2P Payments App to Focus on Bank Integration

Zelle shifts its strategy by retiring its standalone app, emphasizing seamless integration with banking platformsHighlights:Zelle has retired its standalone app, citing that 98%...

Burbank Launches Innovative Online Tap-and-Pin Payment System

Transforming Digital Transactions with Enhanced Security and ConvenienceHighlights: Burbank introduces a pioneering online tap-and-pin payment solution.The new system promises enhanced security and user convenience.This...

FCA Proposes Eliminating £100 Contactless Payment Limit

Exploring the Impact of Removing Limits on Contactless TransactionsHighlights: The FCA is seeking public feedback on eliminating the £100 limit for contactless payments.Stakeholders are...

HSBC Partners with Trevipay to Enhance E-Commerce Trade Offering

Unlocking New Opportunities for Global E-Commerce TransactionsHighlights: HSBC collaborates with Trevipay to streamline e-commerce trade.The partnership aims to facilitate cross-border transactions.Enhanced solutions will benefit...

Revolutionizing E-Commerce: EPI’s First Transactions Processed

Bank-Backed EPI Launches Efficient Payment SolutionsHighlights: EPI successfully processes inaugural e-commerce transactions.The launch is backed by major banking institutions.Innovative solutions aim to enhance security...

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