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Business

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Paytm UPI Volume up 600%; RuPay Takes the Lead: News Roundup

PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

Technology

Latest

Mastercard’s Zahir Khoja on the Trends “Working in Our Favor”

According to Mastercard’s Zahir Khoja, 85% of transactions globally are still made in cash, representing an enormous opportunity for payments providers to grow digital acceptance. Presenting at PF WORLD 2018, Khoja told the audience that, while the number of cash transactions looms large, market trends are helping providers move many of those merchants toward digital payments with a focus on the experience it provides for consumers.

Risk/Compliance

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Underwriting

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OCC Charter Moves Forward, Questions Remain

Last week, the Office of the Comptroller of the Currency (OCC) announced it would begin accepting applications from fintech companies for a special purpose national bank charter.

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