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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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Apple Expands Tap to Pay on iPhone to Austria, Sweden and More Countries
Apple is expanding its Tap to Pay for iPhone to more countries, the company announced on Tuesday. Now, business merchants in Austria, Ireland, Sweden and more countries will be able to use its services for accepting in-person and contactless payments without requiring any additional hardware.
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RBI Fines Visa Rs 2.41 Crore Over Usage Of Unauthorised Payment Method
The Reserve Bank of India imposed a penalty of Rs 2.41 crore (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday.
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Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
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Mastercard, Swoo Pay Initiate Work to Offer Crypto-Based Loyalty Rewards: Details
Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.
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Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
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Visa Sued In US Over "Vanilla" Gift Card Scam Known As "Card Draining"
A group of consumers have filed a lawsuit against the Visa card company, claiming that the card payments network did not take adequate measures to prevent the theft of funds from prepaid "Vanilla" gift cards.
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Visa Finetunes its Crypto Payment Service, Onboards Web3 Firm Transak: Details
Visa crypto card holders will now be able to convert crypto assets into fiat currencies in real time. To enable this, Visa has joined hands with Web3 payments infrastructure provider Transak.
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Paytm Launches Card Soundbox That Accepts Both Mobile and Card Payments
One97 Communications, which owns the brand Paytm, on Monday launched its latest innovation – Card Soundbox, which is intended to empower merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks.
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Binance Pulls the Shutter Down on Its Fiat-to-Crypto Platform Binance Connect a Year After Launch
Binance shut down its fiat-to-crypto platform Binance Connect on Wednesday. The company reportedly conducted an internal review of its service offerings and evaluated which ones were not bringing in the expected engagement. Binance Connect, unfortunately, did not make it to the list of services that the exchange decided to retain.
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Your US Visa Application May Face A Slight Delay. Here's Why
A switch to a new platform is what led to the shutdown. VFS Global won't be able to take calls at this time, make payments for services rendered, or schedule appointments.
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Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down
Visa CEO Al Kelly has revealed that the payments giant is looking forward to trace and participate in the growth trajectories of stablecoins and CBDCs. Despite the recent slump in the crypto sector, Kelly said, Visa did not record any snags in its balance sheets.
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Visa Looking to Enable Auto-Bill Payments via Self-Custodial Crypto Wallets: Details
Visa has proposed a functionality, that would enable users to make their telephone and electricity payments via self-custodial crypto wallets. This application could allow a user to setup a programmable payment instruction that can push funds automatically from one self-custodial wallet account to another at recurring intervals, eliminating the nee...
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Instagram Adds Support for Buying and Selling Polygon NFTs Within the App
Payments giant Visa has unveiled Visa Masters of Movement, a hybrid auction that fuses football, art and non-fungible tokens (NFTs) to enhance the fan experience ahead of FIFA World Cup Qatar 2022.
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Visa Partners Crypto.com to Launch NFT Auction Ahead of FIFA World Cup in Qatar
Payments giant Visa has unveiled Visa Masters of Movement, a hybrid auction that fuses football, art and non-fungible tokens (NFTs) to enhance the fan experience ahead of FIFA World Cup Qatar 2022. During the World Cup, fans attending the tournament will be given an opportunity to create their own digital art.
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
Apple Expands Tap to Pay on iPhone to Austria, Sweden and More Countries
Apple is expanding its Tap to Pay for iPhone to more countries, the company announced on Tuesday. Now, business merchants in Austria, Ireland, Sweden and more countries will be able to use its services for accepting in-person and contactless payments without requiring any additional hardware.
-
RBI Fines Visa Rs 2.41 Crore Over Usage Of Unauthorised Payment Method
The Reserve Bank of India imposed a penalty of Rs 2.41 crore (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday.
-
Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
-
Mastercard, Swoo Pay Initiate Work to Offer Crypto-Based Loyalty Rewards: Details
Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.
-
Visa, Mastercard Asked To Stop Business Payments Via Fintech Platforms: Report
India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.
-
Visa Sued In US Over "Vanilla" Gift Card Scam Known As "Card Draining"
A group of consumers have filed a lawsuit against the Visa card company, claiming that the card payments network did not take adequate measures to prevent the theft of funds from prepaid "Vanilla" gift cards.
-
Visa Finetunes its Crypto Payment Service, Onboards Web3 Firm Transak: Details
Visa crypto card holders will now be able to convert crypto assets into fiat currencies in real time. To enable this, Visa has joined hands with Web3 payments infrastructure provider Transak.
-
Paytm Launches Card Soundbox That Accepts Both Mobile and Card Payments
One97 Communications, which owns the brand Paytm, on Monday launched its latest innovation – Card Soundbox, which is intended to empower merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks.
-
Binance Pulls the Shutter Down on Its Fiat-to-Crypto Platform Binance Connect a Year After Launch
Binance shut down its fiat-to-crypto platform Binance Connect on Wednesday. The company reportedly conducted an internal review of its service offerings and evaluated which ones were not bringing in the expected engagement. Binance Connect, unfortunately, did not make it to the list of services that the exchange decided to retain.
-
Your US Visa Application May Face A Slight Delay. Here's Why
A switch to a new platform is what led to the shutdown. VFS Global won't be able to take calls at this time, make payments for services rendered, or schedule appointments.
-
Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down
Visa CEO Al Kelly has revealed that the payments giant is looking forward to trace and participate in the growth trajectories of stablecoins and CBDCs. Despite the recent slump in the crypto sector, Kelly said, Visa did not record any snags in its balance sheets.
-
Visa Looking to Enable Auto-Bill Payments via Self-Custodial Crypto Wallets: Details
Visa has proposed a functionality, that would enable users to make their telephone and electricity payments via self-custodial crypto wallets. This application could allow a user to setup a programmable payment instruction that can push funds automatically from one self-custodial wallet account to another at recurring intervals, eliminating the nee...
-
Instagram Adds Support for Buying and Selling Polygon NFTs Within the App
Payments giant Visa has unveiled Visa Masters of Movement, a hybrid auction that fuses football, art and non-fungible tokens (NFTs) to enhance the fan experience ahead of FIFA World Cup Qatar 2022.
-
Visa Partners Crypto.com to Launch NFT Auction Ahead of FIFA World Cup in Qatar
Payments giant Visa has unveiled Visa Masters of Movement, a hybrid auction that fuses football, art and non-fungible tokens (NFTs) to enhance the fan experience ahead of FIFA World Cup Qatar 2022. During the World Cup, fans attending the tournament will be given an opportunity to create their own digital art.
