Mastercard is partnering with mobile wallet provider Island Pay and the Central Bank of The Bahamas to launch the first ever prepaid card that lets people pay using the nation’s central bank digital currency (CBDC), the Bahamas digital Sand Dollar. Get the Full Story Complete...
Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? 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 our...
Digital payments and FinTech company Mogo has announced that its subsidiary, Carta Worldwide, will be expanding into the U.S., according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
There has been no shortage of downbeat economic statistics over the past year, from high unemployment rates to declining gross domestic product (GDP) values. Consumers and businesses have demonstrated remarkable resiliency and adaptability during the past 12 months, however, and commerce, rather than disappearing, has...
We got caught snoozing by COVID with a paper check dependence that remains problematic, despite there being all manner of digital alternatives. Happily, we’ve learned from all this. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European Central Bank (ECB) member Fabio Panetta says the digital euro could pass negative interests rates to customers, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
UniPin, an Indonesian service that among other things lets users of online games pay in real money for credits gamers can use in the digital realm, says its users can now purchase UniPin credits through Grab. Get the Full Story Complete the form to unlock...
China’s central bank is planning another test drive of its digital currency during the Lunar New Year by handing out $1.5 million in digital packets to 50,000 Beijing residents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global Payments Inc. and Google have formed a partnership to provide cloud-based offerings and functionalities, according to a Monday (Feb. 8) announcement. Global Payments will migrate its merchant acquiring infrastructure to Google Cloud and will equip Google with merchant acquiring services, while both companies will...
