PayU offer an online payment services focused on serving emerging, high growth markets with a payments service designed to provide a fast, simple an efficient payment process for merchants and buyers. PayU financial services operate in Asia, Central and Eastern Europe, Latin America, the Middle East and Africa. PayU is the fintech and e-payments division of Prosus, a global consumer internet group and listed on Euronext Amsterdam (AEX:PRX) and a secondary listing on the JSE Limited (XJSE:PRX), and is majority owned by Naspers.
National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...
US Bitcoin reserve during Trump presidency could pump BTC to $1M
A Bitcoin-related bill is gaining support in the United States, signaling a potential boost for the cryptocurrency’s value, which could hit $1 million. Former President Donald Trump’s victory in the 2...
Credit card debt hits record $1.17 trillion, New York Fed research shows
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 b...
Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO
Klarna, which is known for its popular buy now, pay later business, said Wednesday it has confidentially filed IPO documents with the SEC. Analysts recently valued the company in the $15 billion range...
Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study
Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cro...
FTX Sues Anthony Scaramucci to Recover Creditor Funds
FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency company in its efforts to cl...
Transak gains Delaware Money Transmitter License and FINTRAC registration
Transak has received its second Money Transmitter License (MTL) from the US state of Delaware, while also gaining registration with the Financial Transactions and Reports Analysis Centre of Canada (FI...
Melio, an accounts payable and receivable platform for small and medium businesses, has hit a $2 billion valuation in a $150 million strategic funding round led by Fiserv. Shopify Ventures, Capital On...
Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks
Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move Commercial Paym...
Payments Industry Growth Slows as Cash-to-Digital Shift Reaches Peak
Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reached its peak, according to BCG research. The BCG Glo...