payment services – DIGIT INFO

Mastercard Partners With Amazon to Digitize Payment Acceptance

DIGIT — Thu, 03 Oct 2024 08:30:40 +0000

Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling faster, more secure transactions for merchants. Expanding Payment Acceptance Mastercard, a U.S. multinational payment card services firm, has partnered with Amazon Payment […]

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Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’

DIGIT — Tue, 28 Feb 2023 19:00:21 +0000

According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards and failed due to financial difficulties last year. After the report published, […]

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US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

DIGIT — Thu, 18 Aug 2022 07:00:16 +0000

The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in the Federal Register. New Guidelines […]

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Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences

DIGIT — Mon, 01 Aug 2022 21:30:30 +0000

The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s services via a deep link or QR code. Crypto Payroll Company Bitwage […]

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Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs

DIGIT — Mon, 01 Aug 2022 10:00:07 +0000

In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates the CBK governor Patrick Njoroge and the Asset Recovery Agency (ARA)’s assertions that the […]

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Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

DIGIT — Thu, 05 May 2022 05:30:43 +0000

Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt Support for Bankoff Cards Payment processors Visa and […]

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Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi

DIGIT — Wed, 04 May 2022 10:50:07 +0000

A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian Payment System Qiwi Hackers from Network Battalion 65 (NB65), a […]

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Coinbase suspends crypto payment services days after India launch

DIGIT — Mon, 11 Apr 2022 03:01:24 +0000

America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators.

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Eurosystem Approves New Oversight Framework Concerning Crypto Services

DIGIT — Tue, 23 Nov 2021 14:30:19 +0000

The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure and Efficient Digital Payments Through Improved Oversight Following public consultations on the matter, […]

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Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

DIGIT — Tue, 02 Nov 2021 22:30:24 +0000

Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]

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