payment - FinTecBuzz

Digital Payment Market size to grow by USD 85.12 Bn

January 3, 20228 min

The global digital payment market has grown considerably over the recent years. The consumer inclination toward digital payments got further increased as people feared the risk of infection through cash payments followed by the rapid spread of COVID-19 and the imposition of nationwide lockdowns globally. Many e-commerce companies and retail outlets started to accept only digital payments to avoid physical contact. Such situations coupled with the growth of the e-commerce industry have resulted in a behavioral change...

by PRNewswire

Blockchain

Fintech Blockchain Market size to grow by USD 9.34 billion

December 28, 20219 min

According to the research report “Fintech Blockchain Market by Component and Geography – Forecast and Analysis 2021-2025″, the market will witness a YOY growth of 62.00% in 2021 at a CAGR of 63.10% during the forecast period. Furthermore, this report extensively covers market segmentation by component (platform and services) and geography (North America, Europe, APAC, South America, and MEA). Vendor Insights The fintech blockchain market is fragmented and the vendors are deploying various organic and inorganic growth strategies to...

by PRNewswire

Payments

HWGG Capital Expands Regional Footprint

December 28, 20215 min

HWGG Capital P.L.C (“HWGGC” or “The Company”), a leading blockchain payment solutions provider licensed under Labuan Financial Services Authority (LFSA) Malaysia, is expanding its regional footprint to Singapore, Dubai and Kazakhstan. The regional expansion is expected to commence in the first quarter of 2022. HWGG Capital was founded in 2017 to offer digital asset management services through its HWGCash App platform. HWG CASH is Asia’s first ecosystem that serves as a medium connecting both digital and traditional markets, where it enables traditional...

by BusinessWire

Payments

Payment Processing Solutions Industry to Reach $89 Bn by 2027

December 27, 20215 min

The “Payment Processing Solutions – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Amid the COVID-19 crisis, the global market for Payment Processing Solutions, estimated at US$37.3 Billion in the year 2020, is projected to reach a revised size of US$89 Billion by 2027, growing at a CAGR of 13.2% over the analysis period 2020-2027. Credit Cards, one of the segments analyzed in the report, is projected to record a 12.8% CAGR and reach US$42.4...

by PRNewswire

Payments

Crunchfish announces Digital Cash Wallets’ architecture

December 20, 20215 min

Crunchfish Digital Cash AB (“Crunchfish”) is announcing a patent-pending architecture of Digital Cash Wallets. In addition to Crunchfish’s original Digital Cash Wallet offline, that is integrated in a mobile app, an architecture spanning from Core Banking Systems to Digital Cash Wallets either online or offline, in mobile apps or on non-mobile devices is presented. This provides the foundation of Crunchfish’s ambition to take a global leadership position within digital payments. The Digital Cash Wallets online...

by PRNewswire

Payments

GPT Invests in Paysend’s Unique Cross-Border Payment Solution

December 17, 20214 min

Global Paytech Ventures (GPT) announced their follow-on investment in Paysend, the card-to-card pioneer and international payments platform renowned for its worldwide scale and its plans for further global expansion. “Paysend offers a truly global, cross-border solution that integrates the entire payment ecosystem. I am hugely excited by Paysend’s potential to become the number one payments platform of choice for customers around the world,” said Javier Perez, GPT’s Founder and Managing Partner. Paysend is a next generation integrated global payment...

by PRNewswire

Payments

Krungthai Bank & Nium to enhance global payment offerings

December 16, 20212 min

The partnership will see Krungthai WARP offer faster and more affordable international transfers for both corporate and individual customers

by PRNewswire

Payments

Circle Launches USDC on Avalanche to Drive DeFi Adoption

December 15, 20215 min

Support for USDC on Avalanche Empowers More Developers and Communities to Build on Eco-Friendly Platforms for the Decentralized Economy

by BusinessWire

Payments

EasyCash Powered by Wallet Factory Launched in Egypt

December 14, 20214 min

EasyCash, a revolutionary digital wallet solution for effortless online payments, has been recently soft-launched for iOS and Android users in Egypt. EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance. Via seamless integration through Mastercard and Meeza, the nationwide payment network system, EasyCash enables users to make online payments and access funds wherever, whenever and...

by BusinessWire

Payments

Amadis Chosen by eMcREY for SoftPos Payment Solution

December 13, 20214 min

Amadis, a global payment software editor, leading supplier of EMV Level 2 card processing solutions and nexo universal payment acceptance applications, has been selected by eMcREY, a leading financial solution supplier in the Middle-East, for its SoftPOS solution. Amadis will provide eMcREY with its payment card processing software, enabling worldwide contactless payment acceptance on commercial off-the-shelf devices (COTS). eMcREY’s SoftPOS will allow its customers to accept payment from Visa, Mastercard, Amex and MADA (the market-leading payment card in...

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