Tag: payments
Mastercard Seeks to Offload Payments Unit It Acquired for $32 Billion
The proposed sale comes as Mastercard re-evaluates its payments strategy.Highlights: Mastercard aims to sell its payments unit, originally purchased for $32 billion.The move indicates...
Visa Strengthens Role as Super Validator in Canton Network
Visa's new position enhances blockchain transaction verification in the Canton network.Highlights: Visa becomes a super validator within the Canton network.This role enhances transaction processing...
ECB Board Member Advocates for Digital Euro Adoption
The move aims to modernize the Eurozone's financial system.Highlights: ECB Board Member calls for the urgent implementation of a digital euro.Digital euro aims to...
New York State Mandates Stores to Accept Cash Payments
New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access...
Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts
Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to PayPal accounts globally.Users can initiate transactions...
Huawei and Yowpay Launch Open Banking Smartwatch POS App
Innovative app combines open banking with smartwatch technology for payments.Highlights: Huawei partners with Yowpay to introduce a smartwatch POS app.The app leverages open banking...