Africa’s financial sector is undergoing a massive transformation, driven by a wave of mergers and acquisitions (M&As) in the paytech (payments technology) space. These strategic moves are not only reshaping the competitive dynamics of the industry but also accelerating financial inclusion and digital adoption across the continent. The Rise of Paytech in Africa Africa has […]
Category: PayTech
Charge Anywhere Certifies for US EMV Payments with Chase Paymentech.
In a move that strengthens secure payment processing in the U.S., Charge Anywhere, a leading payment gateway and mobile POS solutions provider, has achieved EMV certification with Chase Paymentech. This certification enables Charge Anywhere to process chip-based (EMV) credit and debit card transactions through Chase’s payment network, enhancing security and compliance for merchants nationwide. What […]
Walmart’s Credit Cards Return to Synchrony After New Agreement With OnePay.
Retail giant Walmart is bringing its credit card program back under the management of Synchrony Financial, following a new agreement involving fintech firm OnePay. This move marks a return to a long-standing partnership and a shift in Walmart’s strategy around financial services, just a few years after the retailer transitioned to Capital One. The Background […]
Online Payment Aggregators Focus on Anti-Fraud Tech to Boost Revenues
As digital transactions surge worldwide, online payment aggregators are turning to advanced anti-fraud technologies not just to protect their platforms but to unlock new revenue opportunities. Companies like Razorpay, Stripe, PayU, and PhonePe are realizing that in today’s high-risk payment environment, security and revenue growth go hand in hand. 🛡️ The Rising Threat of Online […]
Y Combinator-Backed Firecrawl Offers $1M to Hire AI Agents as Employees.
In a bold and unprecedented move, Y Combinator startup Firecrawl has announced its intention to hire three AI agents as full-time employees, with a combined compensation package of $1 million. This signals a paradigm shift in how companies perceive and deploy AI—not just as tools, but as autonomous contributors to business operations. Firecrawl’s Vision: AI […]
UPI Payments Face Outage for Third Time in a Week: NPCI Flags Latency.
In a concerning trend for millions of digital payment users in India, the Unified Payments Interface (UPI) experienced a significant outage for the third time in just one week. The National Payments Corporation of India (NPCI), which oversees UPI, has flagged the issue, citing latency as the primary cause. As UPI has become one of […]
What is Money Management, and Why is it Important?
Money management is the process of planning and controlling your finances to ensure that your income covers your expenses while also saving for future goals. It involves budgeting, saving, investing, and managing debt. The goal of money management is to help you use your money wisely, avoid unnecessary expenses, and build a stable financial future. […]
UPI Down in India: Nationwide Outage Disrupts Digital Payments.
India’s widely used Unified Payments Interface (UPI) faced a major outage today, leaving millions of users unable to make digital transactions. The disruption affected significant payment platforms, including PhonePe, Google Pay, Paytm, and BHIM, causing frustration among businesses and consumers who rely on UPI for daily transactions. What Happened? Reports of UPI service failures started […]
Taxpayers’ Rights Under the Income-Tax Bill 2025: Social Media, Email, and Bank Account Monitoring.
The Income-Tax Bill 2025 introduces enhanced digital surveillance, allowing the Income Tax (I-T) Department to scan social media, emails, trading activity, and bank accounts to detect potential tax evasion. While this move aims to improve tax compliance and curb fraud, it raises concerns about privacy and taxpayers’ rights. So, what rights do taxpayers have under […]
The Role of Open Banking in Payment Innovation.
Open banking is revolutionizing the financial landscape, enabling greater transparency, collaboration, and innovation in the payments sector. By securely sharing financial data through APIs, open banking empowers third-party providers to develop innovative payment solutions, enhance user experiences, and foster financial inclusion. Here’s a closer look at how open banking is driving payment innovation across industries. […]
