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Western Union Launches Digital Money Transfer Services with Cebuana Lhuillier in the Philippines

Expanded collaboration will offer outbound and inbound money transfer services through Cebuana Lhuillier mobile app.

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Vietnam: Virtual Events Scheduled to Mark Cashless Day

Data from the State Bank of Vietnam shows that the number of non-cash transactions has been on a rise in Vietnam during the pandemic.

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COVID-19 Fuels 41 Percent Spike In Global Real-Time Payments

COVID-19 has dramatically increased reliance on real-time and digital payments, leading to a 41 percent surge in real-time payment transactions from 2019 to 2020.

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Citi Launches Digitized Documentation for Cross-Border Payments

New offering combines electronic cross-border payments and associated documentation on same platform, cutting days off execution of cross-border payments in South Africa.

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Mastercard and Razorpay Team up to Advance SMB Digital Payments

The tie-up will enable Indian startups and SMBs to fold technology into their operations and accelerate digitalization while also maintaining business continuity and preparing for alternatives to cash payments.

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Landmark Payment System Reforms to Support Economic Activity and Boost Financial Inclusion

The Fijian Parliament passed the National Payment System Act, paving the way for this reform program to boost access to affordable payment services through digital solutions and support the drive for greater financial inclusion.

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Digital Payments — Not Cash — Is Now King in Asia’s Payment Ecosystem

Notwithstanding border restrictions, the region’s digital payments ecosystem is growing as countries collaborate to connect their domestic payment systems.

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Bill and Melinda Gates Are Now Backing New Digital Payments System in Pakistan to Support Financial Inclusion for Women

The new online payments system, Raast, has been launched to support women who might have been financially marginalized or unable to access modern financial services for a long time.

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Users Can Now Send Money Through WhatsApp in India’s Massive Digital Payments Market

Facebook-owned messaging service WhatsApp will let users in India send money through the app starting Friday provided that they have a bank account and debit card in India.

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Cross-Border, Digital Payments Drive Payment Rail Innovation

dLocal is growing its payment network to include three countries in Central America and the Caribbean, while SafetyPay has collaborated with Latin America’s Rappi.