Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S., has lowered its security deposits that go to Visa and Mastercard, reported RT.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
France, which had vowed to start taxing Google, Apple, Facebook, and Amazon in December if the European Union failed to agree on a digital tax, now says the tax will be implemented on January 1. Get the Full Story Complete the form to unlock this...
Middle East-based ride-hailing company Careem is expanding its business into a delivery service, a tech outlet reported. 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...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Network International’s rollout of Google Pay acceptance in the United Arab Emirates. In addition, De Lijn has chosen Conduent Transportation for a new fare collection system in Belgium, and U.K....
Payments have been a pain point throughout the evolution of merchants. As commerce globalizes, merchants are left wondering whether they have the payment methods that people want to use through digital channels, while also facing the sheer magnitude of declines. “Merchants have problems with payments...
U.K. retailers are warning of a bad holiday shopping season. Mike Ashley, head of the Sports Direct chain, warned that the situation is dire, with lackluster sales unexpected for many retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes global payment firm Veem introducing its payments platform to Canada. In addition, United Kingdom-based Zeux plans to list a digital token to its wallet that can be used for mobile...
France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit central Paris. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s coverage expansion and product enhancements, as the company grows to reach 40 countries. In addition, Vipps reportedly plans to collaborate with Alipay in Norway, and MYOB is launching an...
