
Latest


Cash, Cards, or Pix? How Latin America Paid in 2024

Tencent Launches Palm Payment Trials in Thailand
Hey Payments Fanatics!
Tencent is launching its palm biometric payment system in Thailand, teaming up with local partners to test it in places like 7-Eleven, The Mall Group, and SCB. It’s a clear move to keep pace with Alipay in the Southeast Asian market.
How does it work? Well,

PayPal Approved by RBI to Act as Cross-Border Payments Aggregator
Hey Payments Fanatic!
The Reserve Bank of India (RBI) has granted in-principle approval to PayPal Payments Private Limited to operate as a cross-border payment aggregator for exports. While the designation may sound technical, it opens up broader access for Indian exporters to global markets through a more formal and regulated

Europe Sees Second iPhone Tap to Pay Expansion This Year
Hey Payments Fanatic!
Three years after launching in the U.S., and following steady expansion into Brazil, Asia, and key European markets, Apple’s Tap to Pay on iPhone is now rolling out across eight more countries in Europe, its second regional expansion this year. The service is newly available

Alchemy Pay Expands to Australia with PayID Integration and AUSTRAC Approval
Hey Payments Fanatic!
Alchemy Pay just took a major leap in Australia’s crypto payment scene. Fresh off securing regulatory approval from AUSTRAC as a registered Digital Currency Exchange Provider, the global ramp solution leader has now integrated PayID, a real-time interbank payment system widely used across the country.
This

OpenFX Raises $23M to Solve Stablecoin Last-Mile Problem
Hey Payments Fanatic!
OpenFX stepped into the light with $23 million in funding led by Accel. The company, founded by Prabhakar Reddy, is developing a platform that enables near-instant cross-border payments by using stablecoins to move money. It’s an attempt to rewire the plumbing behind global payments, without asking