In a significant move towards advancing digital payment solutions in Egypt, Contact Pay, a leading payment solutions provider, and subsidiary of Contact Financial Holding, has inked a strategic cooperation agreement with OPay, a prominent fintech solutions and electronic payments company. This collaboration aims to elevate digital payment experiences for consumers and businesses while expanding the...
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Infibeam Avenues Ltd Secures Final RBI Authorization as Payment Aggregator
Infibeam Avenues Limited, India’s foremost AI-powered fintech company, has achieved a significant milestone with the final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payment Settlements Act, 2007, specifically for its renowned payment gateway brand, CCAvenue. Initially granted an “in-principle” approval in October 2022, Infibeam Avenues Ltd...
IndusInd Bank Introduces ‘Indus PayWear’: India’s First All-in-One Tokenizable Wearables for Contactless Payments
IndusInd Bank has unveiled ‘Indus PayWear,’ a groundbreaking range of contactless payments wearables, marking a significant leap in the realm of digital transactions in India. Exclusively powered by Mastercard, ‘Indus PayWear’ offers users the convenience of tokenizing their debit and credit cards onto chip-enabled wearable devices, revolutionizing the payment experience. With ‘Indus PayWear,’ customers can...
TerraPay and Diamond Trust Bank Uganda Join Forces to Boost International Money Transfers and Financial Inclusion
TerraPay, a leading global cross-border payments network company, and Diamond Trust Bank Uganda (DTBU), a prominent member of the Diamond Trust Bank Group, have announced a strategic partnership aimed at expanding international money transfers and fostering financial inclusion in Uganda. This collaboration promises unparalleled benefits for customers worldwide, leveraging the strengths of both entities to...