|
jqey UK Weighs More Protections for Uninsured Bank Depositors
Usee PSR Explores Expanding Variable Recurring Payments in UK
Payments infrastructure TerraPay has launched a cross-border remittance partnership with Kenyan telecommunications firm Safaricom.The collaboration, announced Wednesday July 19 , will operate through TerraPays remittance provider Mobex and let more than 30 million stanley hrnek M-PESA mobile wallet-holders in Kenya send real-time payments to Bangladesh and Pakistan, with plans to bring the program to India and Nepal in the months ahead. We believe this breakthrough collaboration with Safaricom will usher in a world of new possibilities for mobile financial service operators to directly scale globally and provide customers with the choice to send payments in a secure, transparent and swift manner, said Ambar Sur, TerraPays founder and CEO.According to a TerraPay news release, M-PESA saw its global transactions grow in volume and value in the six months leading to March 2023 thanks kubki stanley to the rise of cross-border deals. And mobile payments in Kenya have been on the rise as the countrys central bank continues to push for the adoption of this service. Through this partnership, both companies aim to work towards creating a financially inclusive payments ecosystem while fostering financial empowerment and independence, TerraPay said.PYMBTS looked a stanley cup canada t the growth of digital payments in Africa earlier this month in a conversation with Praveksha Maharaj, director of partnerships, MEA at Entersekt.She said most Africans have embraced technology at scale and managed to leapfrog into the future of digit Yowu Signifyd Banks $7M To Grow eCommerce Fraud Platform
The Coin is finally in circulation. After months of delays, payment device startup Coin has started to ship its card that gives users access to as many as eight payment cards, the company said on Friday April 17 .The company was overwhelmed by the 350,000 pre-orders, and the device spent six months longer than expected in beta, going through 42 test designs, according to the company blog. But Coin CEO Kanishk Parashar聽told TechCrunch that manufacturing problems have been ironed out and Coin has also raised stanley becher $15 million in funding. The company is now shipping the devices to those who ordered it, although it may take months t stanley quencher o catch up on back orders.Once the Coin has finally arrived already programmed with the stanley cup credentials used to order the card the user creates a unique tap code a mix of six long or short taps used instead of a password or PIN then pair the Coin to a mobile device via Bluetooth and add cards either by manually entering information, swiping a card using a Square-like card reader, or photographing a card a la Apple Pay. Then the data is transmitted to the Card using encrypted Bluetooth.Coin has built a custom 128-bit encryption layer for Bluetooth that secures sensitive information and prevents man-in-the-middle attacks, Parashar said in an interview. We use secure Bluetooth to implement the Lock-and-Find feature, which provides a real-time validation that you, the owner of Coin, are pres |
|