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Hi Payments Fanatic, Remittances to Morocco 🇲🇦 just hit the fast lane. Thunes has switched on real-time payments into Moroccan bank accounts, giving its global network instant access to one of Africa’s biggest remittance hubs (we’re talking $11.5B in inflows last year). For expats, speed is everything — 65%

Hi Payments Fanatic, Pix is out here speed-running the record books. On Friday (Sept 5), Brazil’s instant payments system 🇧🇷 smashed two all-time highs in a single day 🤯: * 290 million transactions (previous record: 276.7M in June) * R$164.8 billion processed (up from R$135.6B in June) Not

Hey Payments Fanatic, Elon Musk’s plan to add payments to X is facing setbacks. The company has failed to secure approval from New York’s financial regulator, preventing a U.S.-wide rollout. Over the past 12 months, several executives have also left the payments unit, X Money, including

Hey Payments Fanatic! PhonePe is gearing up for an IPO, aiming for a $10-12 billion valuation, and is likely to file by the end of September. Around 10% of its equity may be offered for sale, alongside fresh capital, with the IPO expected at $1.2-$1.5 billion and

Hi Payments Fanatic! Chinese payments giant Alipay has been fined €214,000 by Luxembourg’s financial regulator for “serious” anti-money laundering breaches. The penalty follows an on-site inspection by the CSSF between June 2023 and January 2024. The regulator flagged failures in transaction monitoring, reporting suspicious activity, verifying customer identities,

Hi Payments Fanatic!  Let’s do a quick quiz to see how much you know about Payments 😉 What is the most trusted payment method globally?  A) Local payment methods B) Credit cards C) Digital wallets D) Debit cards Get your answer here! And let me know in the comments below