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Marcel van Oost

UPI Payments Now Accepted Across UAE

UPI Payments Now Accepted Across UAE

Hey Payments Fanatic! Network International (Network), a key enabler of digital commerce in the Middle East and Africa, has partnered with NPCI International Payments Ltd. (NIPL) to introduce QR code-based Unified Payments Interface (UPI) payments across Network’s point-of-sale (POS) terminals in the UAE. The announcement, made in Dubai with

European Payments Initiative Launches Wero in Germany: What You Need to Know

European Payments Initiative Launches Wero in Germany: What You Need to Know

Hey Payments Fanatic! The European Payments Initiative (EPI) has introduced its new payment solution, wero, in Germany. Initially available to customers of German Sparkassen and Volksbanken, Raiffeisenbanken, the service will be extended to Deutsche Bank's Postbank later this year. KBC customers in Belgium will gain access by the

PIX Garantido: The Future of Installment Payments in Brazil

PIX Garantido: The Future of Installment Payments in Brazil

Hey Payments Fanatic! Much is said about the impact of Pix on cards in Brazil. Introduced at the end of 2020, Pix has been highly successful in gaining acceptance among retailers and consumers. In the left graph (annual basis), we see that from the introduction of Pix (marked), the total

How the World Does Digital: A Deep Dive Into Global Digital Engagement

How the World Does Digital: A Deep Dive Into Global Digital Engagement

Hey Payments Fanatic! As "buy now, pay later" (BNPL) options become increasingly prevalent globally, Australia is leading the way by a significant margin according to a PYMNTS Report . In the latest edition of the "How the World Does Digital" report the survey gathered data from 67,

Visa Expands Payment Options for Amazon Customers with Installment Plans

Visa Expands Payment Options for Amazon Customers with Installment Plans

Hey Payments Fanatic! Visa has launched a new collaboration with Amazon to provide Canadian consumers with more flexible payment options. Eligible Royal Bank of Canada (RBC) and Scotiabank credit cardholders shopping on Amazon.ca or the Amazon app can now choose Installments enabled by Visa, allowing them to divide their

Visa, Mastercard $30 Billion Swipe Fee Settlement Rejected by US Judge

Visa, Mastercard $30 Billion Swipe Fee Settlement Rejected by US Judge

Hey Payments Fanatic! A U.S. judge has rejected a $30 billion antitrust settlement involving Visa and Mastercard, which aimed to limit fees charged to merchants for card transactions. Judge Margo Brodie of Brooklyn denied preliminary approval, influenced by opposition from merchants and trade groups like the National Retail Federation.

Apple Launches Tap to Pay on iPhone in Germany

Apple Launches Tap to Pay on iPhone in Germany

Hey Payments Fanatic! Apple has launched Tap to Pay on iPhone in Germany, enabling millions of merchants to use their iPhones for seamless and secure contactless payment processing in-store. Tap to Pay on iPhone makes it easy for businesses of all sizes to accept payments using contactless credit and debit