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Chinese Conglomerate Huawei Gains Mobile Payments License By Buying Xunlian

Chinese Conglomerate Huawei Gains Mobile Payments License By Buying Xunlian
Chinese Conglomerate Huawei Gains Mobile Payments License By Buying Xunlian
March 29, 2021  |  Mobile Commerce

Chinese behemoth Huawei Technologies has reportedly landed a mobile payments license in China after buying Xunlian Zhifu Network. Huawei has previously used UnionPay’s mobile payment...

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COVID-19 Fuels 41 Pct Spike In Global Real-Time Payments
COVID-19 Fuels 41 Pct Spike In Global Real-Time Payments
March 29, 2021  |  Digital Payments

COVID-19 has dramatically increased reliance on real-time and digital payments, leading to a 41 percent surge in real-time payment transactions from 2019 to 2020. Get...

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MFS Africa Reaches Bulk Of Sub-Saharan Market With 320 Million Mobile Money Wallets
MFS Africa Reaches Bulk Of Sub-Saharan Market With 320 Million Mobile Money Wallets
March 29, 2021  |  Mobile Wallets

MFS Africa announced on Monday (March 29) that it has reached more than 320 million mobile money wallets, which means the Pan-African FinTech leader now...

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Deliveroo Valuation Takes A Dive Amid Concern Around Labor Practices
Deliveroo Valuation Takes A Dive Amid Concern Around Labor Practices
March 29, 2021  |  Delivery

Deliveroo, the London-based Amazon-backed food delivery service, announced on Monday morning (March 29) that its shares are now expected to be priced at £3.90 –...

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Online Car Sales Platform Cazoo Set To Go Public In $8.1 Billion SPAC
Online Car Sales Platform Cazoo Set To Go Public In $8.1 Billion SPAC
March 29, 2021  |  IPO

The pandemic has fueled a surge in online sales of vehicles. Cazoo Holdings, a U.K. online seller of used cars, has ridden that digital shift...

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Peoples Bank Unites With Premier Financial In All-Stock $292 Million Merger
Peoples Bank Unites With Premier Financial In All-Stock $292 Million Merger
March 29, 2021  |  Partnerships / Acquisitions

Peoples Bancorp and Premier Financial Bancorp will join forces in an all-stock merger valued at approximately $292.3 million, according to a press release on Monday...

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Will USPS Changes Be Another Nail In The Paper Check’s Coffin?
Will USPS Changes Be Another Nail In The Paper Check’s Coffin?
March 29, 2021  |  Digital Payments

“The check is in the mail.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Cargo Ship Unstuck: Suez Shipping Set To Resume
Cargo Ship Unstuck: Suez Shipping Set To Resume
March 29, 2021  |  Delivery

Tugboat horns filled the air above the Suez canal on Monday (March 29), as a six-day-long operation to free the 1,300-foot-long cargo ship, the Ever...

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Afterpay Rolls Out In-Store Digital Card For BNPL
Afterpay Rolls Out In-Store Digital Card For BNPL
March 29, 2021  |  Buy Now Pay Later

Australia’s buy now, pay later (BNPL) startup Afterpay has introduced a virtual card solution for in-store payments, the company said in a press release on Monday...

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