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Major WeChat, Alipay partner bags $20M in funding

Mobile payment infrastructure company QFPay announced a plan to develop new digital services and increase …

Venmo upgrades swift cash transfer service

PayPal person-to-person brand Venmo expanded its premium cost Instant Transfer service to include direct payments …

SoftBank mobile payments JV hits 10M users

Japan-based mobile payments company PayPay announced rapid user growth for its service since launch in …

Wirecard goes mobile in North America

Wirecard beefed up its presence in North America with the launch of a mobile app …

Zain South Sudan backs mobile money effort

Electronic financial services company NilePay reportedly partnered with Zain South Sudan to launch the country’s …

Klarna targets US as valuation hits $5.5B

European e-commerce company Klarna announced it raised an additional $460 million in a funding round, …

Apple presses go on card launch

Apple began offering its Apple Card to select customers, a move which kept the company …

Security breach brings down shutters on 7Pay

Bosses at retailer 7-Eleven Japan called time on its fledgling 7Pay mobile payment service, after …

Line, Rakuten poised for Taiwan online bank launch

Taiwan’s finance authority issued internet-only banking licences to affiliates of messaging company Line, internet giant …

Vodafone Idea abandons m-Pesa after bank failure

Vodafone Idea CEO Balesh Sharma announced the company would close its m-Pesa business alongside the …