Paynas today announced the launch of a new digital solution specifically designed to meet the unique needs of micro, small, and medium enterprises (MSMEs) and contractors in Egypt. Paynas has designed and developed a platform to provide HR management tools and flexible financial solutions to the largest segment of the Egyptian population–those employed in MSMEs. […]

Visa announced that it has completed the acquisition of YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean. The acquisition, which is the first of its kind for Visa in the region, accelerates the adoption of Visa’s ‘network of networks’ strategy, to become […]

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 […]

Physical stores continue to dominate the retail share in Pakistan; however, eCommerce sees higher growth during the pandemic. Building convergence between digital and physical channels is now critical for merchants of all sizes to navigate through the crisis and stay alive. Visa is committed to helping small businesses make the transition to providing omnichannel experiences […]

Visa, the world leader in digital payments, released the results of a survey on the impact of the COVID-19 pandemic on the payment behavior of consumers in Pakistan. Visa’s Stay Secure survey also looks at consumers’ general views, preferences, and concerns related to digital payments and offers key insights for merchants. The survey release corresponds […]

Visa has partnered with Norway-based digital wallet Vipps to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the Vipps platform to create their own digital wallets and offer customers new ways to pay, be paid, and manage their money. Antony Cahill, Managing Director European Regions at […]

Visa has launched Visa Smarter Stand-in Processing (Smarter STIP) uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Visa created the Smarter STIP capability to address a key pain point for issuers and issuer processors: the sub-optimal. experience for cardholders during service disruptions. Visa’s new Smarter STIP service […]

National Bank of Fujairah, announced the launch of “NBF Connect”, a dedicated and exclusive banking platform for Small and Medium Enterprises, SMEs, and the first of its kind in the UAE. The platform will provide members with exclusive features. A suite of business services provided by fellow SMEs such as HR services, legal support, e-commerce […]

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 […]

Bank of Abyssinia (BoA) and Visa have announced a strategic partnership to drive e-commerce acquiring through visa CyberSource payment gateway. The platform enables businesses to accept online payments using credit cards which leapfrogs the current and lagging e-commerce practice in Ethiopia to a new efficient and secured e-commerce reality. With the Visa CyberSource payment gateway, […]