Search results for "unbanked"

February 26, 2024
Visa and GSMA Team to Boost Financial Inclusion

Visa has teamed with the GSMA Mobile for Development Foundation to improve financial inclusion. The newly announced Digital Finance for All (DFA) Initiative is aimed at helping 20 million people in low- and middle-income...


February 19, 2024
Boom Debuts Blockchain-Powered Payment Platform for Unbanked Consumers in Africa

Boom launched an online payment gateway that allows merchants to collect payments from 2 billion unbanked consumers across Africa. The debut of the platform, Boom Pay, marks a step toward...


February 07, 2024
Can Real-Time Payments Play in Australia — or Are Payments...

As companies increasingly set their sights on international markets, the need for a comprehensive understanding of the principles guiding global expansion is becoming increasingly essential. Juan Franco, senior vice president...


January 30, 2024
Transak Joins Visa Direct for Simpler Crypto-to-Fiat Payments

Transak, a Web3 payments infrastructure provider, is now a part of Visa Direct. The partnership, announced Tuesday (Jan. 30), marks “a significant milestone by enabling users in over 145 countries to seamlessly convert...


January 29, 2024
Amazon Mexico to Offer Kueski’s BNPL Product as Payment Option

Amazon shoppers in Mexico will be able to choose the buy now, pay later (BNPL) offering Kueski Pay as a payment option. The availability of this BNPL product on the...


January 19, 2024
Digital Wallets, Pay by Bank and Push to Card Can...

Cross-border money movement’s digital makeover rests with a variety of endpoints. More specifically, the more ways there are to send and receive, the more options there are to house stores...


January 09, 2024
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets

Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently.  With Visa Direct’s money movement capabilities, the clients of CIBC and its digital banking...


January 04, 2024
Will 2024 See Crypto Make Good on Its Financial Inclusion...

Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked...


December 20, 2023
Visa: Orchestration Layers and Aliases Pave the Way for Instant...

Ruben Salazar, senior vice president and global head of Visa Direct, told Karen Webster that the transition from traditional, ACH transactions toward faster payments is underway — but is not...


Telecommunications Payments: Telecoms' Emerging Role In The Payments And Banking Fields
Telecoms Seek to Unlock Financial Services for 1.7B Unbanked  Individuals with mobile phones outnumber those with bank accounts in the most underbanked regions of the world, offering the telecom industry a prime opportunity to fulfill a vital role. In this month’s “Telecommunications Payments Tracker®,” a collaboration with i2c, four telecom providers tell PYMNTS how the industry is ideally positioned to provide financial access to unbanked households.