Global payments news, briefly.
What happened in payments this week, and why it matters. Free weekly briefing every Monday.
Topics: Cross-border · Domestic & real-time · Cards · Asia-Pacific · Regulation · Deals & funding
Regions: Americas · Europe · Asia-Pacific · Middle East & Africa · Events calendar
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OPay withdraws its $304 million NYSE IPO after a foreign regulatory inquiry
OPay pulled its $304 million New York listing hours after pricing at $19 a share, citing an inquiry by an unnamed foreign regulator.
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This week’s issue
Card fees go to court as Visa and Mastercard report, and Tencent signs with Visa
Read the issue: Card fees go to court as Visa and Mastercard report, and Tencent signs with VisaAn appeals court upholds the ruling that vacated the Fed’s debit fee cap, UK merchants file a £5bn interchange claim, Visa and Mastercard grow cross-border volume, and Tencent and Visa sign an MoU on Weixin Pay.
Latest news
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CD&R and GTCR explore a buyout of Global Payments, Reuters and FT report
CD&R is exploring a take-private of Global Payments with GTCR, its largest shareholder, according to Reuters and the Financial Times, and the shares rose more than…
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UPI processes a record 25.47 billion transactions in October
UPI handled a record 25.47 billion transactions worth ₹31.53 lakh crore in October, and its average daily value passed ₹1 lakh crore for the first time.
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ECB picks Nexi, Deutsche Telekom and Telefónica groups as digital euro network providers
The ECB signed agreements with a Nexi and Deutsche Telekom grouping and a Telefónica and Indra grouping to connect payment providers to the digital euro platform.
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CPMI report sets out four central bank roles in payments
A BIS CPMI report sets out four roles for central banks in payment systems that now include stablecoins, tokenised deposits and non-bank providers.
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Adyen cuts 2026 EBITDA margin target to 50% as Q3 net revenue rises 23%
Adyen’s third-quarter net revenue rose 23% to €738.1 million, but it lowered its 2026 EBITDA margin target to 50% to pay for more hiring.
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Mastercard third-quarter net revenue rises 14% to $9.8 billion
Mastercard’s third-quarter net revenue rose 14% to $9.8 billion, with cross-border volume up 11% and value-added services revenue up 19%.
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The week in payments, every Monday
The top stories, why they matter, and the events coming up. Free.