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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Google Wallet adds Traveler QR for Alipay+ merchant payments in Singapore
Google Wallet now offers Traveler QR, letting Android users pay Alipay+ QR merchants in Singapore with a Visa or Mastercard credit card saved in Wallet.
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This week’s issue
Tencent signs with Mastercard, Block nears a $964 million DOJ deal, and Affirm Card passes $3 billion
Read the issue: Tencent signs with Mastercard, Block nears a $964 million DOJ deal, and Affirm Card passes $3 billionTencent’s TenPay Global signs a Mastercard MoU, Hong Kong FPS links to UnionPay QR, Block discloses a $964 million DOJ agreement in principle, and Affirm Card GMV more than doubles.
Latest news
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Cerc and Núclea propose Pix-backed collateral for business loans in Brazil
Registrars Cerc and Núclea asked Brazil’s central bank to let companies pledge future Pix receipts as loan collateral, putting the potential pool above R$15 trillion.
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PNC Bank pilots incoming USDC payments for corporate clients with Coinbase
PNC Bank began a limited pilot with Coinbase that lets eligible corporate clients receive USDC, converted automatically into US dollars in a PNC account.
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HSBC UK launches Tap to Pay for small businesses, powered by Stripe
HSBC UK launched Tap to Pay, powered by Stripe, so eligible small business customers can take contactless payments on a smartphone without a card reader.
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Octopus and Visa open Hong Kong QR merchants to Korean and Vietnamese wallets
Octopus QR merchants in Hong Kong can now accept Korean and Vietnamese wallets through Visa Scan to Pay, with LINE Pay and Shinhan Card to follow.
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Visa adds the UAE’s Jaywan card scheme to the Visa Acceptance Platform for online payments
Visa added the UAE’s Jaywan domestic card scheme to the Visa Acceptance Platform, with tokenised card-on-file and recurring payments for UAE merchants.
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Payments Canada launches the Real-Time Rail with eight participants live at launch
Payments Canada launched the Real-Time Rail on November 9 with eight active participants and mandatory central fraud checks, including confirmation of payee.
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The week in payments, every Monday
The top stories, why they matter, and the events coming up. Free.