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Forte, in partnership with its wholly-owned subsidiary LemmaX, has announced a strategic alliance with Sequence to integrate FortePay as a central component of the Sequence platform infrastructure.
Pending credit card transactions are somewhat of a gray area — they can appear on your statement and temporarily reduce your available credit, but they’re not added to the balance.
India’s popular Unified Payments Interface (UPI) is inching closer to surpassing global payments giant Visa’s daily transaction volume, which will make it the largest retail interbank payment ...
Shivansh Chandnani, along with his co-author Ajay Nagrale, explores the pivotal role of idempotency in payment systems in their recent analysis. This concept, rooted in mathematical set theory, ...
Qatar’s payment system transactions totalled QR13.9bn through 50.5mn transactions in April, according to the Qatar Central Bank. Majority (58%) of these were through points of sale (PoS), while ...
The practice of charging consumers a surcharge on transactions is allowed based on a 2012 settlement between credit card networks and a group of U.S. merchants, according to an article by Wallethub.
Lagos, Nigeria – April 2025 –Redtech, a fast-rising fintech company backed by Heirs Holdings, processed over ₦12 trillion ($10 billion) in payment transactions in 2024, marking a major ...
Rasheed said the 5.2 million cross-border payments in 2024 represented a fourfold increase from the previous year. “Our collective payment connectivity efforts are set to significantly boost our ...
Customers can now order NeoZAP, India’s first prepaid payment tag, from Blinkit to tap-and-pay transactions without giving internet, PINs or apps. By KR Srivats ...
BNY, formerly the Bank of New York Mellon Corp., early on Monday completed a $10 million transaction over the RTP Network, a record payment for the instant-payments system, which launched in 2017. The ...
Electronic payment transactions in Nigeria rose to $702.6 billion (N1.07 quadrillion) in 12 months ended December 31, 2024, report from the Nigeria Interbank Settlement System (NIBSS) has shown.
While UPI transaction volumes in India have been growing steadily— from 34% of total digital payments volume in 2019 to the current figures— the share of other payment systems like RTGS, NEFT ...
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