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British retail sales rise 1.2% in Feb

British retail sales rose 1.2% in February from the month before, figures from the Office for National Statistics showed on Friday. Economists polled by Reuters had forecast that retail sales volumes in February would be 0.2% higher than in January.

Oil pares losses as Middle East tensions rise after U.S. air strike

Oil prices trimmed early losses on Friday after a U.S. air strike on Iran-backed groups pushed up fears that rising tensions in the Middle East could disrupt supply, although concerns over weak demand and slowing economic growth still weighed. The U.S. carried out precision air strikes on Iran-backed groups in east Syria, in retaliation for […]

Asia FX weakens as dollar steadies from Fed-driven losses

Most Asian currencies fell on Friday and the dollar steadied near seven-week lows as markets speculated over how imminent a pause in interest hikes may be, although dovish signals from the Federal Reserve put most regional units on course for strong weekly gains. The safe haven Japanese yen outperformed its peers, rising 0.5% even as data showed […]

March 7, 2023
By admin

Mastercard brings Google Pay to Kuwait

Mastercard, a leading technology company in the global payments industry, has collaborated with Google to launch Google Pay in Kuwait, strengthening digital payment capabilities in the country. Cardholders can tap to pay with their Android phones or supported Wear OS devices in stores where contactless is in operation. They can also use Google Pay to […]

March 7, 2023
By admin

Bybit launches debit card; suspends US dollar deposits

Crypto Exchange Bybit has begun the roll out of Mastercard debit cards, enabling users to convert their crypto into fiat at the point of sale and ATMs. Available for clients in eligible countries in Europe, Bybit Card will be available for a selection of blue-chip cryptocurrencies, namely, BTC, ETH, USDT, USDC, and XRP. Payment requests […]

March 7, 2023
By admin

AsiaPay launches Visa Instalments

AsiaPay a leading provider of digital payment solutions in the Asia Pacific, has launched Visa Instalments in Hong Kong and will further extend to Southeast Asia to provide merchants more flexible payment options and enhance the purchase experience of consumers. Leading a new trend in credit card shopping, the launch of value-added service products, such […]

March 7, 2023
By admin

Wix and Stripe bring tap-to-pay on iPhones to US merchants

Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants. This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware. Using the Wix […]

March 2, 2023
By admin

Banks back ‘Japan Metaverse Economic Zone’

Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.   The new open metaverse infrastructure, called Ryugukoku, will use the metaverse construction framework Pegasus World Kit, developed by TBT Lab Group-owned JP Games. Backed by […]

March 2, 2023
By admin

Payoneer appoints John Caplan as CEO

Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ: PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, today announced the completion of its CEO and CFO transitions.   On February 27, 2023, Payoneer’s Board of Directors appointed John Caplan as CEO of Payoneer, effective March 1, 2023. […]

March 2, 2023
By admin

GoDaddy and WorldPay team on omincommerce

As consumers move more regularly between online and in-the-store, small businesses need the latest tools to provide the same type of shopping experiences seen at big brand companies.   To make payments simple and provide small businesses with an easy-to-use portal to manage their website, inventory and marketing efforts – GoDaddy® (NYSE: GDDY) and Worldpay […]