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Mumbai: India’s oldest and largest conference on digital payments, Digital Money, is back with its 15th edition. The conference is being organised by the Payments Council of India (PCI), in association with Lyra India, on Monday, May 08, 2023, at Taj Santacruz in Mumbai. The premier conference will bring together more than 50 speakers including policymakers, visionary founders, and stalwarts from the payments industry to discuss the future of digital payments in India. O...
India`s Oldest & Largest Digital Payments Conference is Back Digital Money 2023 to Bring Together Payments Industry Leaders
Microsoft has launched a new Payments app, which will allow small businesses to easily manage and collect payments from within Teams on their desktop or mobile device during a meeting. The app will be initially available for users in the US and Canada. For instance, a lawyer or financial advisor can collect payments for consultative appointments, a real estate instructor can do the same for license-renewal sessions, or a teacher for tutoring classes. Moreover, the company said that i...
Microsoft launches Teams Payments app for small businesses
As more advertisers pause spending on Twitter, Elon Musk has shared his digital payments plans with them where users will be able to send money to others like China's WeChat. In a live-streamed meeting with advertisers, Musk detailed his vision for Twitter to enter the digital payments market, reports TechCrunch. According to him, users would be able to send money, "extract their funds to authenticated bank accounts and, later, perhaps, be offered a high-yield money market acco...
Elon Musk will let Twitter users make digital payments, earn more
Merchant commerce platform Pine Labs on Thursday announced it is acquiring Bengaluru-based application programming interface (API) fintech startup Setu for an undisclosed sum. Setu's APIs are being used across industry verticals, including startups, retail enterprises, banks, insurance and lending companies - from Aadhaar eSign to BBPS bill payment, payment collection integration via WhatsApp, FASTag payment collection and more. "Embedded financial services and open banking are...
Pine Labs acquires API fintech startup Setu
Mumbai, 16 December, 2021: Banking infrastructure enabler Signzy, announced the joining of Siddharth Dhamija as their Chief Growth Officer (CGO) to strengthen their global expansion across Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The announcement follows Signzy’s recent entry into UAE and continued expansion of its C-suite leaders in the region. Signzy has emerged as a global leader for banking technology solutions and Siddharth will help further a...
Signzy enlists former PayPal India enterprise business head as Chief Growth Officer
Global digital payments platform PayPal has increased merchant fees for some of its products in the US starting from August 2. According to Paypal senior vice president Dan Leberman, the company is making changes to its published rates in the US "to better align our pricing with the value that our products and services provide". "Our goal is to be transparent and upfront with our customers about the changes. These rates will apply to a portion of our merchant customers in...
PayPal raises merchant fees on some of its products in US
The Common Services Centers of the Ministry of Electronics & Information Technology has partnered with PayPal to offer immediate Covid relief facilities and drive awareness campaigns regarding prevention and care against the Covid-19 pandemic in rural India. PayPal will support the CSC Academy, CSR wing of CSC, in setting up PSA oxygen plants in five hospitals in four States - one each in Bengaluru (Karnataka), Chennai (TN) and Jaunpur (UP) and two in Patna (Bihar). These plants will b...
CSC & PayPal partner to fight against Covid in rural India
LONDON - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said. The service, w...
Exclusive: PayPal launches crypto checkout service
Global digital payments platform PayPal on Wednesday said that it will hire 1,000 engineers for its India Development Centres across Bengaluru, Chennai and Hyderabad over the course of the year. The move comes despite PayPal announcing last month that it had decided to wind down its domestic payment services in India from April 1. From April 1, the company will focus all its attention on enabling more international sales for Indian businesses. Revealing the hiring plans for the year ...
PayPal plans to hire over 1K engineers in India
NEW DELHI - PayPal Holdings Inc will wind down its domestic payments business in India from April 1, the company said in a statement on Friday. San Jose, California-based PayPal will instead focus on its cross-border payments business, which means global customers will still be able to pay Indian merchants using the service. "From 1 April 2021, we will focus all our attention on enabling more international sales for Indian businesses, and shift focus away from our domestic products...
PayPal says to shut domestic payments business in India
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