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Apple is finally launching Apple Pay Later. The company has announced that users can use the service to apply for Pay Later loans of $50 to $1,000 and then repay those loans through four payments over the course of six weeks with no interest or fees. #bnp https://t.co/h72ZTfkPsS
Mastercard has formed partnerships with digital asset service companies Amber Group, Bitkub and CoinJar in order to allow consumers and businesses across Asia Pacific to obtain crypto-linked Mastercard credit, debit and prepaid cards. https://t.co/cgAg4prjyk
Citigroup is closing in on its goal to scale back in retail banking across much of Asia, drawing a curtain on the Wall Street group’s ambitions to be a global consumer bank. https://t.co/vhkaZLZaOl
After years in which Nairobi, the Kenyan capital, led Africa’s tech revolution, momentum has shifted to west Africa & to Lagos, which has attracted more than $1bn in venture capital in the past 2yrs from Silicon Valley, China & elsewhere.
#nigeria#fintec https://t.co/IMGUj5FSNh
BREAKING NEWS - Reserve Bank of India (RBI) has imposed restrictions on Mastercard Asia / Pacific Pte. Ltd.Mastercard from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021
The UK's Financial Conduct Authority is to introduce new rules for buy now, pay later firms amid mounting fears of a growing debt burden for cash-strapped shoppers.
#fca#BNPL#credit https://t.co/qXW5IUGUR9
I'm not surprised about this announcement:
"From October 15, Mastercard will charge 1.5 per cent of the transaction value for every online credit card payment from the UK to the EU, up from 0.3 per cent at the moment". https://t.co/guXI7XNitz
Stripe is acquiring Paystack (Stripe of Africa) a startup out of Lagos, Nigeria that, like Stripe, provides a quick way to integrate payments services into an online or offline transaction by way of an API.
#payments#afrotech#APO https://t.co/W0JJ1OVCiw