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India: Digital Payments Bounce Back to Pre-COVID Levels

Digital payment transactions through the Unified Payment Interface (UPI), cards and mobile wallets have made a near V-shaped recovery this month.

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RBI Asks Payment Systems Operators to Educate Public on Safe Digital Transactions

The Reserve Bank of India (RBI) on Monday directed payment systems operators to undertake targeted multi-lingual campaigns by way of SMSs and advertisements to educate their users on safe and secure use of digital payments amid incidence of frauds continuing to bedevil people.

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COVID-19 to Impact Demand Growth of Mobile Payment Market | Key Players: WeChat Pay, Alipay, PayPal

A new report on Mobile Payment Market has been published by Acquire Market Research providing a thorough analysis of the industry trends, market opportunities, growth drivers essential for market leaders.

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India: Crisis to Boost Mobile Payments, Says Report

Mobile-based payments will be resilient and overtake card payments in India, with the covid-19-induced economic slowdown likely to put a pause on the rapid rise of cashless payments in 2020.

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India’s Digital Financial Services Opportunity in a Post-COVID World

COVID-19 could be the “demonetization moment” for digital services delivery in India.

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MTN Bolsters Mobile Financial Services Business During COVID-19

MTN today said the spread of Covid-19 epidemic has accelerated the adoption of mobile financial services in Africa.

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Sudan Embraces Digital Payments to Build a More Inclusive Economy

Sudan Joins United Nations’ Better Than Cash Alliance to Drive Financial Inclusion and Transparency

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Moneygram Reports Jump in Mobile Wallet Transfers

International remittance provider MoneyGram flagged a rapid increase in transactions made to mobile wallets during May, as lockdown measures due to the COVID-19 pandemic continued across several countries.

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India: May Digital Payments See an Uptick, Indicating Revival in Economic Activity

Digital payments saw a revival in May, after the government granted some relaxation during the third and fourth phases of the lockdown.

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Sri Lanka: Genie, BOC Partner to Increase Digital Payments via Mobile Wallet Solution

Sri Lanka-based fintech Genie has partnered with Bank of Ceylon to act as the financial acquirer and digitize payments through its mobile wallet solution.