International

Global Payments
Nets Unveils Przelewy24 Strategic Alliance; Mobitel Introduces mCashQR Feature
February 11, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Alipay’s findings for mobile payment behavior during the Lunar New Year celebrations in China. Paytm reportedly had the most Unified Payments Interface (UPI) transactions in January in India, Nets...

International
Tier Mobility And Voi Technology Hold Initial Deal Talks
February 11, 2019

Tier Mobility and Voi Technology, two European scooter startups, are reportedly in initial talks to merge, as competition in the scooter market increases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 08, 2019

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses in FinTech-friendly Lithuania to make sure they can access the EU post-Brexit, according to a report from Reuters. Get the...

Global Payments
ClickDishes Teams With Alipay For Mobile Orders
February 08, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the rollout of a mini-program for mobile food ordering in Canada with ClickDishes and Alipay. In addition, Auchan is planning to bring a cashierless store to a community in...

Global Payments
Wirecard Teams With Oney For Retail Payments; Klarna’s Pay Later Comes To Gymshark
February 07, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard’s collaboration with Auchan Retail Romania for the Well.com app. ABBA The Museum recently began to offer Alipay, Klarna’s Pay later has become available to Gymshark customers in the U.K. and...

International
Reliance Industries To Invest More Than $1B In Its eCommerce Efforts
February 07, 2019

Reliance Industries, the India energy company, is gearing up to invest 100 billion rupees ($1.4 billion) as part of its efforts to diversify into eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Global Payments
Deposit Solutions Brings Savedo To Switzerland; Mall Retailers Take WeChat Pay
February 06, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Deposit Solutions’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Yooz launched an automated accounts payable (AP) solution based on the cloud for the U.K., Mall of the...

International
Venezuelan Money Supply Rises Amid Protests, Uncertainty
February 05, 2019

Money supply in Venezuela is increasing faster than it ever has before, according to a report from Bloomberg. 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 to...

International
India Banks Could Face Billions Worth Of Bad Loans
February 05, 2019

Indian banks, already struggling with roughly $150 billion in bad loans, may have to come up with 400 billion rupees (or $5.59 billion) to cover potential losses from loans that could default from now until September of 2020. Get the Full Story Complete the form...