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Mastercard & eNovate Collaborate to Modernize Payments in Egypt

Mastercard & eNovate Collaborate to Modernize Payments in Egypt

Hey Payments Fanatic! Mastercard announced a strategic move in Egypt - they're partnering with eNovate (formerly eCards, part of eFinance Investment Group) to roll out Card-as-a-Service solutions. This means banks, universities, and FinTechs across Egypt will have access to ready-to-use digital payments infrastructure and white-label solutions. What makes

Shaping the Future: UK Unveils National Payments Vision

Shaping the Future: UK Unveils National Payments Vision

Hey Payment Fanatic! The UK Government has launched its National Payments Vision, outlining key objectives to modernize the payments sector. In 2023 alone, 48.1 billion transactions powered the UK’s economy, reflecting a rapid shift from cash to digital payments like contactless and Open Banking. Contactless payments surged from

Mollie Enters Italy with Local Payment Solutions

Mollie Enters Italy with Local Payment Solutions

Hey Payments Fanatic! Mollie, one of Europe’s fastest-growing financial service providers, just launched in Italy! This is a big step forward in their mission to make payments and money management effortless for businesses across Europe. With their single, streamlined platform, Italian businesses can now access simplified payment processing, reporting,

Klarna files for IPO in US

Klarna files for IPO in US

Hey Payments Fanatic! Klarna, the BNPL powerhouse, has taken a decisive step towards the public markets by filing confidentially for an IPO in the US 🇺🇸. Months of speculation are now over, as Klarna submitted a draft registration statement to the Securities and Exchange Commission (SEC). While the number of shares

Mollie launches Tap to Pay on iPhone

Mollie launches Tap to Pay on iPhone

Hey Payments Fanatic! Mollie, the fast-growing European financial services provider has just rolled out Tap to Pay on iPhone for its 200,000 customers in The Netherlands, France, and Germany. This feature enables businesses of any size to accept contactless payments directly through the Mollie app on iPhone—no extra

Affirm Tops Expectations in Q1 Earnings

Affirm Tops Expectations in Q1 Earnings

Hey Payments Fanatic! Affirm, the buy-now-pay-later giant, reported stronger-than-expected results for Q1, surpassing forecasts on both revenue and earnings. * Loss per share: 31 cents vs. 35 cents expected * Revenue: $698 million vs. $664 million forecast * GMV: $7.6 billion, up 35% year-over-year Affirm’s revenue rose 41% to $698 million,

OCBC Launches Instant Transfers to WeChat & Alipay

OCBC Launches Instant Transfers to WeChat & Alipay

Hey Payment Fanatic! OCBC Bank is the first bank in the Asia Pacific region to enable instant money transfers to WeChat Pay and Alipay users in China. Imagine cutting down on the usual 2-5 day wait—now, with Visa Direct integration in the OCBC mobile app, customers can send funds