TLDR Africa has launched its first pan-African payment card system, PAPSSCARD, aiming to cut dependence on foreign card networks The PAPSSCARD is a joint venture by Afreximbank, the Pan-African Payment and Settlement System (PAPSS), and Mercury Payment Services (MPS) PAPSSCARD will be usable across national borders, reducing the cost of intra-African trade and payment transactions…
TLDR Visa has partnered with Yellow Card to pilot stablecoin-powered cross-border payments across CEMEA The collaboration will test integration with Visa Direct, enabling businesses to send stablecoin-backed transfers directly to users’ bank or card-linked accounts Sub-Saharan Africa has witnessed consistent monthly stablecoin remittances exceeding $500 billion between 2022 and 2024 Visa has partnered with Yellow…
Xabi Alonso gets his first victory as Madrid manager, despite his football side playing most of the game with only 10 players. Jude Bellingham and Arda Guler scored late in the first half to help 10-man Real Madrid to a 3-1 victory over Pachuca in a Group H clash played amid sweltering conditions in Charlotte,…
Yellow Card Financial and Visa have signed a deal to promote the use of stablecoins for cross-border payments in emerging markets where the cryptocurrency exchange operates. The two will explore opportunities to streamline treasury operations, enhance liquidity management, and enable faster and more cost-effective transfers, according to Yellow Card co-founder and CEO Chris Maurice. “Visa…
From left: Cuy Sheffield, VP, head of crypto, Visa; Chris Maurice, CEO and co-founder, Yellow Card; Godfrey Sullivan, senior VP, head of product and solution, CEMEA, Visa. Licensed stablecoin payments orchestrator Yellow Card has partnered with global digital payments firm Visa to help drive the next phase of innovation in cross-border payments and financial infrastructure…
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