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Top News In இணையதளம் பாதுகாப்பு ஆம்ப் பரிவர்த்தனைகள் சேவைகள் Today - Breaking & Trending Today

Mastercard to invest $100 mn in Airtel Africa's mobile money biz

Airtel Africa announced the signing of an agreement under which Mastercard will invest $100 million in Airtel Mobile Commerce BV (AMC BV), a wholly owned subsidiary of Airtel Africa plc (the Transaction).
AMC BV is currently the holding company for several of Airtel Africa s mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa s fourteen operating countries.
The Transaction values Airtel Africa s mobile money business at $2.65 billion on a cash and debt free basis.
Mastercard will hold a minority stake in AMC BV upon completion of the Transaction, with Airtel Africa continuing to hold the majority stake. ....

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Explained: What is NUE licence for retail payments and who's interested?

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Cashfree, PayPal to help Indian firms sell to 350 million customers

Payments and banking technology firm Cashfree on Tuesday announced a partnership with digital payments company PayPal to enable international payments for merchants.
Businesses using Cashfree s payment gateway will be able to add the PayPal Express Checkout option to their order pages and accept payments from over 350 million customers across 200 markets and in more than 28 currencies in a secure and seamless manner.
The new API integration allows merchants to enable payments using their existing PayPal business accounts and start accepting and collecting global payments in no time. Further, businesses benefit from the PayPal fraud prevention and seller protection tools, said Akash Sinha, CEO & Co-founder of Cashfree. ....

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