mobile payments
Flipkart Group launches payments app, Super.money, in fintech push
Indian e-commerce giant Flipkart has quietly started rolling out a payments app, dubbed Super.money, as it broadens its fintech ambitions.
Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says
India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.
India likely to delay UPI market caps in win for PhonePe-Google Pay duopoly
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI (unified payments interface) payments rail by one to two years, sources…
DOJ’s Apple antitrust case neatly aligns with EU on one key point: NFC and mobile payments
As Apple faces down the barrel of a U.S. Department of Justice’s (DOJ) antitrust lawsuit, one might assume that references to the Cupertino company’s existing anti-competitive headwinds in Europe would…
Great news for those traveling to China! You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of…
Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution
For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto…
After years of regulatory delays, Apple users in South Korea can finally start using Apple Pay from today.
PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startup…
Ant’s global play is to be a payments aggregator and it now reaches 1B users
After trying for years to replicate the success of its QR code-enabled payments solution overseas, Ant Group seems to have finally found a path to scaling. Instead of going after…
UPI supercharged mobile payments in India. It’s now gearing up for next phase of growth.
In just six years, UPI has become the most popular way Indians transact online. The mobile electronics payments system was used for over 6.57 billion transactions in the world’s second…
Block’s (formerly known as Square) Cash App is now letting users make payments on e-commerce sites outside the Square network. Until now, users could only make payments using Cash App…
PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers
PayPal is expanding further into the charitable donations business with this morning’s launch of support for Grant Payments, the company has announced. The new product has been created in partnership…
Apple launched Apple Pay, which lets customers make payments in stores and online through iPhone, iPad, Apple Watch or Mac, in Malaysia on Tuesday. Currently, Apple Pay is supported for…
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Apple enters the BNPL market as regulation, competition intensify
How will all of these BNPL-focused providers fare with Apple pounding its way into their market?
Singapore’s taxi operator ComfortDelGro enables tourists from Malaysia and South Korea to use mobile wallets apps for paying fares
ComfortDelGro, a Singaporean taxi operator, announced Thursday its partnership with Alipay+, enabling tourists from Malaysia and South Korea to use their mobile wallet apps Touch ’n Go eWallet and Kakao Pay to pay…
Match Group and Google reach an interim compromise over app payments
Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is getting along better with Google, just by a little bit. On Friday, Match withdrew its request for…
Google launches Google Wallet to help you store your credit cards, tickets and more
At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital…
Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture…
Stripe flexes its fintech muscle with Financial Connections to pull banking data automatically
Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills in some significant gaps…
Ant Group buys Singapore’s 2C2P to further global payments ambitions
Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and other ecosystem players. The…
PayPal’s new credit card pays 3% cash back on all PayPal purchases
PayPal is revamping its co-branded PayPal Cashback Mastercard credit card, issued by Synchrony, which will now give users 3% cash back when they check out using PayPal and 2% cash…
Flutterwave backs UK fintech Dapio in $3.4M round for its contactless payments play
Dapio, the U.K.-based cashless payment solutions provider for businesses, today announced that it has raised $3.4 million to fuel the launch of its ‘Tap to Pay’ solution for Android users…
Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments
Payments — taking and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online. As it grows —…
Banked raises $20M Series A led by Bank of America and Edenred for US expansion
Banked is a fintech startup that offers an alternative to card schemes. Consumers are able to pay without entering financial data, no need to create an account, no financial details…
PalmPay raised $100M Series A last August, claims to have 5 million users
Africa-focused payments startup PalmPay raised a $100 million Series A round last year. TechCrunch spotted this news in Partech Africa’s latest end-of-year report on venture capital investments in Africa. Further…
Sunday competitor Qlub emerges with $17M seed round from Cherry and Point Nine
Our behavior at restaurants and venues has changed massively in the last two years because of the pandemic, but many of us have realized the huge advantages of being able…
Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls…
Regulating crypto could be the key to the emergence of the first American super apps and an opportunity to build a new digital-first financial ecosystem
Cash App now lets users ‘gift’ stock and bitcoin using their USD balance or a debit card
There are already a number of ways to gift cryptocurrencies, but today Cash App will make doing so simpler with a new feature rolling out to its peer-to-peer payments app.…
Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has…