Payments
🤓U.S. Accuses Brazil 🇧🇷 of Unfair Practices in E-Commerce and Digital Payments Paid Members Public
🤓U.S. Accuses Brazil 🇧🇷 of Unfair Practices in E-Commerce and Digital Payments The U.S. Trade Representative Office (USTR) believes that Brazil’s instant payment system Pix, developed by the federal government, receives “too many advantages.” Naturally, this raises the question: why all the fuss? Shouldn’t they be focusing
⚡️Mastercard Leads the Way in Promoting Virtual Card Adoption Paid Members Public
⚡️Mastercard Leads the Way in Promoting Virtual Card Adoption Mastercard’s new initiative is based on its Virtual Card Number (VCN) technology, which as of April 1 enables seamless business and consumer payments with registered partners. ▶️ This technology streamlines workflows for corporate end users and integrates with payment systems such
🧐Ukraine 🇺🇦: National Bank to implement new card transfer rules starting October 1 Paid Members Public
🧐Ukraine 🇺🇦: National Bank to implement new card transfer rules starting October 1 Starting October 1, senders will be able to see the recipient’s name before completing a transfer, regardless of the recipient’s bank. This measure will also apply to online payments. ➡️ The requirements for instant credit transfers have
📱 Growth of Tap to Phone: Technology usage increased by 200% in the past year Paid Members Public
📱 Growth of Tap to Phone: Technology usage increased by 200% in the past year The Visa Tap to Phone technology turns a smartphone into a POS device, while the Tap to Add Card app allows users to add credit and debit cards to digital wallets by simply tapping the card
😺 KONA I🇰🇷 to Manufacture IDEX Pay Biometric Cards for Mastercard Paid Members Public
😺 KONA I🇰🇷 to Manufacture IDEX Pay Biometric Cards for Mastercard The South Korean IC chip card manufacturer has received approval to produce EMVCo-compliant cards. 💎 Biometric authentication via fingerprint, eliminating the vulnerability of four-digit PINs and reducing fraud risk. 💎 To pay with IDEX Pay, users simply touch the card’s sensor
⚠️India 🇮🇳: Reintroduction of UPI Market Share Limits Postponed by 2 Years Paid Members Public
⚠️India 🇮🇳: Reintroduction of UPI Market Share Limits Postponed by 2 Years The initial limit, introduced in November 2020, mandates that payment platforms cannot process more than 30% of total UPI transaction volumes. (UPI, or Unified Payments Interface, is a cornerstone of India's financial ecosystem). ➡️ The regulator has decided
🎉 Pakistan🇵🇰: Google Pay will be launched in the country by mid-March 2025 Paid Members Public
🎉 Pakistan🇵🇰: Google Pay will be launched in the country by mid-March 2025 The service will enable Pakistani users to link their debit and credit cards to Google Pay for simple and efficient contactless payments. ➡️ The launch will be conducted in collaboration with Visa, Mastercard, and major local banks. ➡️ Card linking
🇧🇷 Pay4Fun Announces Promising Partnership with Blaze🫂 Paid Members Public
🇧🇷 Pay4Fun Announces Promising Partnership with Blaze🫂 Pay4Fun, a reference in payment solutions for the entertainment and betting sector, has established a new partnership through integration with the Blaze platform. 🤔 Who is Blaze? Operated by Foggo Entertainment in Brazil, Blaze is one of the betting houses authorized by the Ministry of