PayPal Holdings, Inc. announced PayPal Pay Monthly, its newest buy now, pay later offering, issued by WebBank, which gives U.S. consumers the ability to spread payments out over longer periods of time. With the addition of Pay Monthly, customers will have access to a new offering through PayPal that gives them greater flexibility and even […]

The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa announced two new components of its fintech Fast Track program, “A rich Partner Toolkit […]

Islamabad – 23 October 2020: In a message for budding entrepreneurs and investors, Jazz CEO, Aamir Ibrahim has stated that Pakistan offers an abundance of opportunities that are linked to the national challenges. The Organization of Pakistani Entrepreneurs Silicon Valley (OPEN SV) featured Aamir Ibrahim as a guest speaker in its webinar titled ‘Realities of Investing […]

Visa and Paypal announced the extension of their global partnership which will expand real-time access to funds for consumers and small businesses that are sending or receiving money via PayPal, Venmo or Xoom. The partnership programs will be rolled out globally over the coming months with a particular focus on expanding the reseller capabilities, new use cases […]

Mogo is planning to launch a mobile peer-to-peer (P2P) payment solution, which will enable users to quickly and easily make and share payments with friends and family through Mogo’s mobile app.The Company expects to launch the solution in Q1 2021. “As more Canadians embrace the convenience of a cashless life, we expect to see growing demand […]

PayPal has announced the introduction of “Pay in 4,” a short-term installment offering for customers in the U.S. Pay in 4 will enable merchants drive conversion, revenue and customer loyalty without taking on additional risk or paying any additional fees, while enabling consumers to make a purchase and pay over four, interest-free installments. Pay in […]

National Institutional Facilitation Technologies – Pakistan (NIFT) and Checkout.com sign a Memorandum of Understanding (MoU) for collaboration between both entities, bringing greater payment optionality to the Pakistan market. The agreement enables both organizations to provide payment services through each other’s infrastructure, pursue commercial opportunities as a partnership. This strives towards a borderless experience for business […]

PayPal is expanding it “buy now, pay later” solutions to France, with a new installment product that will enable customers to split purchases into four equal payments over three months, nearly anywhere PayPal is offered. Online installments are incredibly popular with French consumers: 64 percent of users would have postponed or not completed their purchase […]

The Islamabad High Court (IHC) has given the federal government two weeks to submit its reply over the absence of quality e-commerce services in Pakistan. Athar Minallah, the Chief Justice of IHC has issued notices to the information technology and commerce sectors for remaining unsuccessful to meet the needs as quoted by the e-commerce policy, […]

PayPal Holdings, Inc. rolled out the ability to use QR Codes to buy and sell goods in 28 markets around the globe. From farmer’s markets to selling secondhand goods – the rollout of the QR code functionality in the PayPal app allows customers to buy or sell in-person, safely and securely, and touch-free. “We know […]