The licence authorises Paymob to support merchant acquiring, payment aggregation, and domestic fund transfers within the UAE.

This initiative aims to propel innovation in the digital payments landscape by mentoring and supporting fintech startups in developing cutting-edge technology solutions.

For years, payment service providers (PSPs), the companies that facilitate electronic payments, derived substantial and reliable revenue from processing payments. However, these companies ...

Highnote, a San Francisco-based payments startup, has raised $90 million in Series B funding that values it at more than $750 ...

The digital banking and payment services company on Wednesday posted a net profit of $1.29 billion, or $5.11 a share, compared with $366 million, or $1.45 a share, for the same period a year earlier.

When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they ...

The e-commerce giant has added payment and credit products, though it faces heavy competition from banks and other tech firms. Also, Stripe's layoffs and other news from the world of payments.

The Consumer Financial Protection Bureau (CFPB) has just finalized rules to supervise major players providing digital payment services amid a growing interest in consumer protection in the ...