According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.
The start-up is hoping to use universities to attract retailers.
Putin is considering to launch a national payments system in Russia.
Paym plans to launch on Tuesday, however, many consumers are saying that they do not plan on using the app, according to a survey.
The price of Bitcoin took a sharp fall over the weekend, dropping from a three-day high of just over $460 per coin on Saturday to a low of about $420 per coin in overnight trading into today, according to the PYMNTS real-time price index Get...
WEX Inc. a provider of corporate payment solutions, announced that WEX Europe Limited has entered into an international agreement with Conferma, a provider of Virtual Card Number (VCN) technology for corporate travel and expense. Get the Full Story Complete the form to unlock this article...
The European Parliament backed the Commission’s proposal to set up a European standard for e-invoicing in public procurement which brought the EU closer to the creation of a true digital single market in Europe. Get the Full Story Complete the form to unlock this article...
Frustrated with Japan's centralized, primarily in-house card-issuing market, TSYS has decided to leave the country and focus its efforts on other business opportunities. In recent short order, the processor has landed a number of major deals, including with the UK's Virgin Money and a partnership...
The Carlyle Group is the first global private equity firm to close a fund that is focused entirely on building the middle class in Sub-Saharan Africa. It was inspired by the opportunity to completely transform the financial and economic opportunities in that region and obviously...