The Federal Trade Commission is ordering an end to illegal business tactics that Mastercard has been using to force merchants to route debit card payments through its payment network, and is requiring Mastercard to stop blocking the use of competing debit payment networks.
Walmart , together with other PhonePe shareholders, have been billed an approximate of USD 1 billion in tax following the digital payments' company shift to India
Abu Dhabi Islamic Bank (ADIB) has launched tokenized, contactless payment methods through the options clasp and ring ‘ADIB PAY', in partnership with Visa and Tappy Technologies
China Mobile has showcased its first digital payments solution PayMax , aiming to offer a financial solution that ensures inclusion in the unbanked sector of Pakistan
Silvergate, the crypto-focused bank that acquired the assets of Facebook's private digital currency Diem, has written of the $196 million price its paid for the business and laid out plans to shed 40% of its workforce.