With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial Times, this means PayPal will be the only foreign company to have domestic and cross-border web services in China. Get...
The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). Get the Full Story Complete the form to unlock...
Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. 14). Get the Full Story Complete the form to unlock this article and...
In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. Get the Full Story Complete the form to unlock this article and enjoy...
In India, a delay for WhatsApp Pay? 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 daily newsletter, PYMNTS Today. By completing this form, you agree...
Russian Mail.Ru is forming a joint venture with Alibaba’s mobile payments division Alipay, Reuters reported on Wednesday (Oct. 9). 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...
The United States has expanded its blacklist of Chinese companies ahead of trade talks, and the move will potentially hurt China’s artificial intelligence (AI) ambitions, and its desire to become the leading country with the technology by 2030. Get the Full Story Complete the form...
New internet startups in India are tumbling, pointing to the possibility of an overall decline in entrepreneurship, DealStreetAsia reported on Sunday (Oct. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
