Daily News

Hey Payments Fanatic! Brazil's Pix payment system processed 64 billion transactions in 2024, marking a 53% year-over-year increase and surpassing combined credit and debit card volumes by 80%. According to Matera's latest Pix by the Numbers report, the system hit a record 252.1 million transactions

Hey Payments Fanatic! Visa has launched Apple Pay in Egypt, bringing digital payment capabilities to Egyptian customers across multiple platforms. The service enables contactless payments in stores through iPhone or Apple Watch, secured by Face ID, Touch ID, or device passcode along with a one-time dynamic security code. Malak El

Hey Payments Fanatic! American Express is shelling out $230 million to settle U.S. criminal and civil probes into misleading sales tactics targeting small businesses. The deal includes a $138.4 million payment—with $108 million in fines—and a non-prosecution agreement with the Department of Justice (DOJ). Amex is

Hey Payments Fanatic! Apple is in discussions with Barclays and Synchrony Financial to potentially replace Goldman Sachs as its credit card partner. The talks come as Goldman Sachs CEO David Solomon indicated their partnership, originally set to run until 2030, might end earlier than planned. Several financial institutions are competing

Hey Payments Fanatic! Airwallex has secured major regulatory approvals in Latin America, obtaining a payment institution license from Brazil's Central Bank and finalizing the acquisition of Mexico-based MexPago, along with its IFPE license. These moves enable Airwallex to connect its global financial infrastructure with Latin America's

Hey Payments Fanatic! Payment orchestration platform Yuno has announced a partnership with PayPal, enabling Yuno-powered merchants to integrate PayPal's payment solutions into their checkout experience. This collaboration allows merchants to tap into PayPal's global network while offering customers secure and flexible payment options. Catherine Kaupert, Global