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Tag: Cross-Border Payments


Mobile payments, Paytech

RBI joins Project Nexus for instant cross-border retail payments

July 5, 2024

Via: ThePaypers

The Reserve Bank of India (RBI) has joined Project Nexus, an international initiative to enable instant cross-border retail payments by interlinking domestic FPS. RBI has been collaborating bilaterally with various countries to link India’s Fast Payments System (FPS) — the Unified Payments Interface […]


Mobile payments, Paytech

BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement

June 4, 2024

Via: Bitcoin.com

In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in […]


Mobile payments, Paytech

US Cross-Border Payments Channels to Africa Bolstered by Onafriq and Alviere Partnership

January 19, 2024

Via: The Fintech Times

The importance of remittances and cross-border payments cannot be understated in Africa. According to the World Bank, remittance flows to sub-Saharan Africa are expected to have increased by about 1.9 per cent in 2023 to $54billion. Onafriq selected Alviere for […]


Paytech, Retail

How Optimising Cross-Border Payments Can Help EU Businesses Maximise Global Sales

September 8, 2022

Via: The Fintech Times

Accelerated by the pandemic, consumers have become used to – and expect – the ease, convenience, and variety offered by e-commerce. Gina Archbold is senior sales manager, Europe at BlueSnap, an all-in-one payment orchestration platform aimed at increasing revenue and […]