Payments
Paytm to Invest 100 Crore in GIFT City, Aims to Set Up New Development Center
Indian payment firm Paytm‘s parent company One97 Communications Limited (OCL) announced that it will invest Rs 100 crore (US$ 12 million) in Gujarat International Finance Tec-City (GIFT City). The investment, which will be made over a certain period, is still
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Qashier’s New Sound Box Emits Instant Audio Alerts for Secure QR Payments
Singapore-based fintech startup Qashier has launched the QashierPay Soundbox, a new QR payment terminal designed to enhance digital payment security. This device features real-time auditory alerts, notifying merchants immediately upon successful transactions and is aimed at businesses with fast-paced and
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FlashPay Card Phases Out, Exchange for New NETS Prepaid Card Starts 19 Jan
The Network for Electronic Transfers (NETS) has launched a card exchange programme for holders of the NETS FlashPay Card in response to the Land Transport Authority’s (LTA) decision to phase out the existing card-based ticketing system for adult commuters. Starting
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Thunes Appoints New CEO, Elevates Peter De Caluwe to Deputy Chairman
Global B2B cross-border payment company Thunes has announced the appointment of Floris de Kort as its new CEO to bolster its growth strategy. He will operate from Thunes’ global headquarters in Singapore. In a strategic shift, the company has also
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Wallex Partners iPiD to Protect Businesses from Payment Fraud
Wallex, an FX and payments specialist for B2B companies transacting in Asia, and International Payments Identity (iPiD) have announced a strategic partnership. Through this collaboration, iPiD will focus on providing comprehensive user verification and effective fraud prevention solutions, aiming to bolster
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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion
Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large
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Former TerraPay Exec Ritesh Pai to Lead PhonePe’s International Payments
Indian digital payments company PhonePe has announced the appointment of Ritesh Pai as the new CEO of its International Payments division. In his previous role at TerraPay, Pai served as President of Products and Solutions, where he played a key
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MAS Grants Full Crypto Payment License to Upbit Singapore
The Monetary Authority of Singapore (MAS) has granted crypto exchange Upbit Singapore a full payment license, enabling the company to expand its operations in the digital asset market. This announcement comes after the initial in-principle approval (IPA) that Upbit Singapore
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Anson Zeall Promoted to Chief Strategy Officer at dtcpay
Singapore-based payments service provider dtcpay has promoted its Head of Compliance Anson Zeall as the new Chief Strategy Officer (CSO). During his tenure as Head of Compliance, Zeall played a pivotal role in guiding dtcpay through the complex regulatory environment
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YouTrip Quadruples Wallet Size to S$20K, Spending Limit Now S$100K
Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. YouTrip users can now hold up to S$20,000 in their wallets, a significant jump from the previous S$5,000 limit, and
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