January 09, 2023
Alipay+ Promotes Contactless Travel as China Reopens

Alipay+ is offering travelers from Hong Kong an easier way to visit mainland China. The Chinese online and mobile payments company, owned by tech giant Ant Group, says riders from...

January 05, 2023
Visa Sees Global Travel Recovery Powered by Seamless Digital Payments

If you’re looking for the same old bad news, don’t look at leisure travel, which appears to be the big recovery story of 2022, setting up a hopeful outlook for...

January 02, 2023
PYMNTS Intelligence: Bringing Wholesale Improvements to Cross-Border Payments

As central banks roll out central bank digital currencies (CBDCs) for both wholesale and retail use cases, public-private partnerships are expected to play a pivotal role. This is especially true for cross-border...

December 30, 2022
China’s UnionPay Issues More Than 200M Digital Cards

UnionPay said it has issued more than 200 million cards outside the Chinese mainland. The Shanghai-based card acceptance company announced the milestone Friday (Dec. 30), marking its tenth year in...

December 29, 2022
FinTechs Attract 20% of All VC Investment in Bulgaria

Bulgarian FinTech firms have attracted nearly $6 million in investment this year. In fact, while the country’s FinTech industry may be young, with each passing year its contribution to the...

December 27, 2022
Subscription Businesses Aim Tech at Credit Card Chargebacks and Churn

Subscription merchants are turning to tech to help reduce credit card chargebacks that eat up revenue and increase churn. The latest “Subscription Commerce Conversion Index: Subscribers Seek Affordability And Convenience,”...

December 27, 2022
Chinese Consumers Prefer Local Payment Methods When Shopping Online

Expansion into the Asia-Pacific (APAC) region remains difficult because eCommerce merchants aren’t offering local payment methods. This came through clearly in the new study “The Emerging APAC Opportunity: Local Payment...

December 23, 2022
Mastercard Settles With FTC Over Sharing Data With Competing Networks

The Federal Trade Commission (FTC) wants Mastercard to share card data with competing payment networks.  Under a proposed order announced Friday (Dec. 23), Mastercard will have to share with competing networks the customer account information needed...

December 22, 2022
The Digital Markets Act – Key Enforcement Principles

With remarkable speed, the Digital Markets Act (“DMA”) completed the legislative process, entered into force and will become applicable as early as May 2024. It is a new regulatory ex...