CivilisedBank will offer an online service to small and medium-sized businesses later this year after securing its first round of funding.
Samsung may not collect transaction fees when it launches its new mobile payments service this summer, industry sources have said.
China’s international payment system, which should increase global use of the yuan by reducing transaction costs and processing times, will be launched before the end of 2015.
Axis Bank has partnered with MasterCard and Vayana Network to launch a digital invoicing and payment solution to simplify B2B payments in India.
A decade’s worth of efforts by the Vietnamese government to promote e-commerce are coming to fruition, with some in-country sites reporting growth of over 300% in the past year.