Kenya’s biggest mobile phone operator, Safaricom, is against a proposed tax rise on mobile phone-based cash transfers. 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...
Following new alliances with Tencent and Google, Carrefour’s chief executive Alexandre Bompard said that the company is making big progress on the digital front. He explained that the retailer’s expansion in digital commerce was an “absolute” priority as the company faces competition from online rivals,...
A recent fuel payments move by WEX highlights the increasing importance of South America — notably Brazil — to the fleet and freight industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...
A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology to lower auto insurance costs for foreign-born drivers there. The new capital comes amid a wider push in Europe to bring more standardization...
An initiative to prohibit commercial banks in Switzerland from electronically creating money when they make a loan was overwhelmingly rejected by Swiss voters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In one week, the FIFA World Cup Men’s Soccer competition will kick off in Russia. For most of the world that is big news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Helping broaden the reach of Tencent’s mobile payments and mini program services, Tencent has unveiled a collaboration with Walmart China. With the relationship, Walmart will also be to expand digitally in the country, technode reported. Get the Full Story Complete the form to unlock this article...
After a shutdown of ZTE‘s operations that has lasted almost two months, the U.S. and China have come to a deal to get the Chinese telecommunications company back up and running. The U.S. had blocked exports to the company after it broke terms of a...
