Small to midsized businesses (SMBs) have a range of payment choices when deciding to launch operations internationally. While most SMBs globally launching will have some web presence, many may still use legacy payment methods to send and receive funds. Payments digitization helps SMBs grow internationally,...
AvidXchange Holdings has expanded its international payment capabilities through a partnership with Wise Platform. With the partnership, the provider of accounts payable (AP) automation software and payment solutions for middle-market businesses and their suppliers will gain support for international payment capabilities through its new Cross-Border...
Most UAE consumers have their smartphones handy when shopping online or in-store. That finding comes from the 2022 Global Digital Shopping Index report, a PYMNTS and Cybersource collaboration, which relied on data from 2,015 consumer responses and 500 merchant interviews conducted in the United Arab...
Following last year’s merger with Solaris, the Contis brand is being retired. In a press release on Tuesday (Dec. 6), Solaris wrote that the Banking-as-a-Service (BaaS) provider Contis will now operate under the Solaris name. “Solaris has established itself as the leading platform for embedded...
India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says this planned regulation comes after the country’s prime minister rejected a proposal to regulate games of skill and not games...
eCommerce platform Jumia is closing its Dubai office to cut costs and focus on Africa. The move comes a little less than a month after the departure of founders Sacha Poignonnec and Jeremy Hodara, and is happening as the company takes on a larger series...
In its 51 years of existence, the UAE has emerged as a regional superpower. This Friday (Dec. 2), as the United Arab Emirates (UAE) celebrates National Day, the country’s leaders and businesses have been highlighting efforts to grow the knowledge economy. While each of the...
Kenyan payment company Cellulant is branching into the South African market. Cellulant Chief Business Officer Sike Bamisebi discussed the firm’s regional expansion plans in a Thursday (Dec. 1) Bloomberg report. The firm plans to enter the South African retail realm, she told the news outlet,...
The cost of staying in business on the global stage is getting tougher to shoulder. Especially for the small and medium-sized businesses (SMBs) that power the global economy. The great digital shift has brough with it a paradox. Technology has leveled the playing field across all...