Cross-border Payments

Europe
Network International, Infobip Team on WhatsApp for Business Banking Services in Africa
July 25, 2022

Network International, a provider of digital payment solutions, announced Monday (July 25) that it will bring WhatsApp for Business banking services to financial institutions across Africa, thanks to a collaboration with the cloud communications company Infobip. Get the Full Story Complete the form to unlock...

Cross-border Payments
Low-Code ‘Legos’ Help Indian Firms Scale Cross-Border Payments
July 25, 2022

In the push to be part of global commerce, businesses face a range of complexities. As companies seek to have a range of collection and payment options on hand beyond simply accepting cards, they must strive to offer localized choices. Get the Full Story Complete the...

Cross-border Payments
Market Forces Driving Down Fees as eCommerce Becomes Increasingly International
July 22, 2022

As PYMNTS discusses in the Cross-border Retail Payments Tracker, eCommerce merchants increasingly recognize the importance of catering to international customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Europe
EMEA Daily: Qonto Set to Acquire Penta; African Payments Solution Bizao Raises €8M for Expansion
July 22, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Fidel API CTO Andre Elias discusses APIs, Pan-African payment solutions provider Bizao announces a funding round and French digital bank Qonto says it will acquire German rival Penta. Get the Full Story Complete...

Africa
Africa’s BEAC Could Launch Common Digital Currency
July 22, 2022

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could become the first regional bank on the continent to launch a common digital currency. Get the Full Story Complete the...

Africa
African Payments Solution Bizao Raises $8.2M for Regional Expansion
July 22, 2022

Pan-African payment solutions provider Bizao announced an 8 million euro ($8.2 million) series A funding round Thursday (Jul 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Cross-border Payments
MENA Weekly: Crypto, eCommerce Reaffirm UAE’s Position as Cornerstone of Regional Economy
July 22, 2022

In news from the Middle East and North Africa (MENA), the United Arab Emirates is a cornerstone of the regional economy, attracting international investment and acting as a base for many global companies that do business in the wider region. Get the Full Story Complete...

Europe
EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth...
July 21, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Swedish HealthTech company Kry has raised over $160 million in a funding round. Plus, GoCardless and Xero have teamed to offer Instant Bank Pay to Xero’s U.K. customers, a U.K. bill may introduce...

Europe
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
July 20, 2022

In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country (close to 36 million) in the Gulf Cooperation Council (GCC), a union which also consists of Bahrain, Kuwait, Oman, Qatar...