Mobile Remittance

Showing Latest Mobile Remittance

Visa and Western Union deepen cross-border payment partnership

14 Mar 24 @ 09:00

Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more

Mastercard and MTN to drive acceleration of Mobile Money in Africa

29 Feb 24 @ 17:17

Mastercard and MTN Group Fintech have signed a multi-market agreement that will connect millions of people and small businesses across Africa with digital tools to transact through secure Mobile Money... read more

Reserve Bank of India shuts down Paytm operations

31 Jan 24 @ 16:56

The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more

Card networks preferred over Banks for Super App delivery

23 Jan 24 @ 18:14

As apps and connected devices increasingly take centre stage in consumers’ lives, the appetite for a single app that seamlessly integrates banking, shopping and personal activities, the so called Super... read more

UPI selects Google to take digital wallet global

17 Jan 24 @ 18:23

The National Payments Corporation of India has selected Google Pay as part of its strategy to take India’s digital wallet system, the Unified Payments Interface (UPI), to global markets. The... read more

MTN targets 50% of Africa’s mobile wallets with Ericsson deal

09 Jan 24 @ 13:44

MTN Group have strengthened their partnership with Ericsson to enhance mobile wallet and financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the... read more

Banking super apps: knocking the competition for six

08 Jan 24 @ 20:07

As we write about Elon Musk’s plans for X and the future of Open Banking in Europe, news reaches Payments Cards & Mobile of an alternative to either the social... read more

One-Leg Out Instant Credit Transfer (OCT Inst) payments go live

04 Dec 23 @ 13:02

The European Payment Council’s (EPC) One-Leg-Out Instant Credit Transfer scheme (OCT Inst) has gone live. The launch of the new payment scheme of the European Payments Council (EPC) designed for... read more

Swift launch 24/7 cross border, instant payment processing

30 Nov 23 @ 17:44

Cross-border payments destined for Europe can now reach beneficiaries in seconds through seamless connection to domestic instant payment systems, with full transparency and end-to-end tracking powered by Swift. The European... read more

Visa and Tencent extend partnership for remittances to digital wallets

20 Nov 23 @ 16:41

Visa and Tencent Financial Technology, the fintech division of Tencent, say they are partnering to enable Weixin users to receive inbound remittance in their digital wallets. This partnership will extend... read more

Cross-border payments projected to accelerate over next 12 months

10 Nov 23 @ 14:16

As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money... read more

MoneyGram plans to launch non-custodial digital wallet

16 Oct 23 @ 16:48

MoneyGram has announced plans to launch its own non-custodial digital wallet which will officially debut in Q1 2024. The wallet will enable consumers around the world to leverage stablecoin technology... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more