Asia
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Paid Members Public
💪 Cambodia 🇰🇭: Cross-Border QR Payments Arrive via Alipay+ Transactions will be conducted through the Bakong payment system of the NBC, in collaboration with the Chinese holding company Ant International 🇨🇳. The central bank of Cambodia has already granted its approval. ▶️ Beneficiaries of this partnership will include users of 12 international payment applications,
😠 Cross-border payments in BRICS: Is SWIFT in danger? Paid Members Public
😠 Cross-border payments in BRICS: Is SWIFT in danger? The recent proposal for a "multicurrency system" aims to reduce BRICS countries' dependence on the dollar. This shift, beyond its macroeconomic implications, is a game-changer for the international payments industry. ➡️ BRICS members are planning to adopt distributed ledger technologies
✋ UAE🇦🇪: New payment technology with palm vein scanning Paid Members Public
✋ UAE🇦🇪: New payment technology with palm vein scanning For the first time in the Middle East, palm scanning is being implemented for payments! The United Arab Emirates is about to launch the "Palm ID" technology, a futuristic system that uses the unique patterns of the veins in the
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Paid Members Public
🤓 It’s been a while since we’ve seen the Chinese! 🇨🇳 Alipay+ shines in international tourism Why this growth? The answer is simple: "A" for "Adaptability" and "I" for "Integration" with local payment systems. Currently, Alipay+ partners with 30 payment platforms, connecting
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT Paid Members Public
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT A significant move in the United Arab Emirates: the new regulation retroactively exempts cryptocurrency transactions made since January 1, 2018. ➡️ On October 2, the Federal Tax Authority (FTA) published amendments, placing digital assets under the same regulatory regime as traditional financial services.
⚡️ Dubai 🇦🇪: The American 🇺🇸 cryptocurrency platform Ripple obtains DFSA license... Paid Members Public
⚡️ Dubai 🇦🇪: The American 🇺🇸 cryptocurrency platform Ripple obtains DFSA license... … becoming the first blockchain-based payment service provider to be licensed in the UAE. Get ready, Middle East❗️ ➡️ The regulatory body in the Emirates, the Dubai Financial Services Authority (DFSA), is responsible for overseeing operations within the Dubai International Financial Centre (DIFC)
😎 Uruguayan platform dLocal partners with MoneyGram to conquer Africa and Southeast Asia Paid Members Public
😎 Uruguayan platform dLocal partners with MoneyGram to conquer Africa and Southeast Asia Let’s open new markets!❗️ Until now, the uruguayan company dLocal had primarily operated in Latin America. ➡️ dLocal is a "unicorn" specializing in sub-acquiring. Their business model involves onboarding companies (regardless of their GEA origin) onto
⚡️ New solutions in Checkout.com's service package aim to "reduce costs in host economies" Paid Members Public
⚡️ New solutions in Checkout.com's service package aim to "reduce costs in host economies" Checkout.com has announced the addition of direct acquiring for Visa and Mastercard in Japan 🇯🇵, along with the integration of Bizum in Spain 🇪🇸 and Venmo in the U.S. 🇺🇸. ▶️ These are modular