Fintech Association Of Kenya’s Post

🌟 We’re thrilled to announce that dLocal has been awarded Gold for Best Cross-Border Payments Platform 2024 by Juniper Research Future Digital Awards! 🌍💳 During the Q2 2024, dLocal achieved 38% YoY growth, contributing to a Total Payment Volume (TPV) of $6B for the period. As cross-border payment challenges remain a major hurdle for global eCommerce, with 7 out of 10 merchants citing high failure rates, dLocal continues to drive the adoption of efficient and accessible payment solutions across key verticals in high-growth markets. Read the full PR on our website: https://hubs.ly/Q02SvRy00 #Fintech #CrossBorderPayments #EmergingMarkets #Innovation #GlobalGrowth

Local Payments: The Unstoppable Force in Europe Do you reckon local payment methods (LPMs) are exclusive only to emerging markets? Blik is Poland's most frequently used mobile payment method, with around 10 million active users, including ecommerce consumers. Bizum became one or even the preferred payment method for ecommerce in Spain with more than 23 million users. In Sweden, Swish is the leading local payment method with around 8 million users. That's 72% of Sweden's population. Even in the highly banked landscape of Europe, consumers are flocking to LPMs. Why? Because they offer a superior package: lower costs, faster, safer, and streamlined. Blik, Bizum, or Swish, together with other European payment methods are changing the payment industry in the region. Those who don't offer them, risk falling behind. #ecommerce #payments #fintech

Japan's B2B payment ecosystem presents unique challenges and opportunities. At Starfish, we've adapted our Hellgate platform to address the specific needs of this market. Hellgate's key features for Japanese B2B transactions: - Compliance with the New Payment Services Act - Integration with established and emerging payment methods - Culturally attuned design and functionality - Advanced API standards and open banking compatibility Our platform aims to facilitate smoother transactions between Japan's traditional business practices and modern financial technologies, assisting foreign businesses in navigating this important market. We're interested in your perspectives: How do you see B2B payments evolving in markets like Japan? #B2BPayments #JapaneseMarket #FinTech #PaymentSolutions For more insights on global payment trends, subscribe to our newsletter: https://buff.ly/3Ys6MmC

dLocal and Spreedly Expand Partnership to Africa and APAC 🌍 This move gives merchants access to over 900 alternative payment methods, unlocking new growth opportunities in emerging markets. What’s in It for Merchants? ✅ Simplified Payments: Access #dLocal’s comprehensive solutions via #Spreedly’s platform. ✅ Expanded Reach: Tap into high-growth markets across Africa and #APAC. ✅ Enhanced Experiences: Offer a broader range of payment options to customers. ✅Operational Ease: #dLocal’s streamlined processes reduce the complexity of adding new payment methods. Horacio Raviolo, dLocal’s Head of Commercial Partnerships: “This partnership addresses the challenges of global payments by providing merchants with flexible solutions to succeed in emerging markets.” Peter Dougherty, Spreedly’s President: “By collaborating with dLocal, we enable businesses to unlock new opportunities while simplifying global payment processes.” Here is more: https://lnkd.in/dtXkjaeR #GlobalPayments #dLocal #Spreedly #DigitalTransformation #AfricaBusiness

An important step in linking global companies with one of South Asia's fastest-growing e-commerce markets has been taken with the formal opening of PayFuture's operations in Pakistan. By integrating with well-known regional payment systems like Easypaisa and JazzCash, the company's cutting-edge payment technology allows businesses to accommodate Pakistani customers' preferences while maintaining legal compliance. With this action, PayFuture is positioned as a vital facilitator for international companies looking to access Pakistan's thriving digital market. Read more: https://lnkd.in/g9CGyuK8 #PayFuture #EcommercePakistan #DigitalPayments #TechInnovation #GlobalExpansion #LocalPayments #DigitalWallets #CustomerLoyalty

The Philippines is a rapidly evolving market in Southeast Asia, offering a dynamic mix of payment methods shaped by both innovation and tradition. While eWallets lead the charge with 33% of eCommerce payments, other options such as bank transfers, credit cards, and cash-on-delivery remain crucial due to diverse adoption rates across the archipelago. With 44% of the population still unbanked and significant growth in mobile payments, understanding the local payment preferences is key to success. 🇵🇭 Ready to dive deeper into the evolving payment trends? Discover dLocal's Payments Handbook on the Philippines: https://hubs.ly/Q02TRWn70 #OnedLocal #DigitalPayments #eCommerce #EmergingMarkets #Philippines

Currencycloud and Pyvio (Hong Kong) have partnered to simplify cross-border payments for Chinese online merchants, who often struggle with payment collection and payout processes. This collaboration will enable Pyvio to utilize Currencycloud’s technology, allowing transactions in over 180 countries and 30+ currencies, including CNH and CNY. The partnership aims to make cross-border payments more efficient and cost-effective, especially in emerging regions with underdeveloped infrastructure and complex regulatory environments. Rohit Narang, Managing Director of Currencycloud APAC, emphasized the importance of this solution for Chinese firms. Li Kai, CEO of Pyvio, highlighted the partnership’s potential to help Chinese e-commerce merchants overcome global growth barriers and boost sales. Source: https://lnkd.in/ddUYmHPr #Fintech #CrossBorderPayments #Ecommerce #EmergingMarkets #Currencycloud #Pyvio #GlobalBusiness #DigitalPayments #ChineseMerchants #FintechInnovation #CxOnews #CxOGlobalForum

Did you know? E-commerce transaction fees in Southeast Asia can reach as high as 2–3%. Add to that the challenges of logistics and inefficient business models—it’s clear that your business needs a fresh strategy to keep growing. 💡 In this report, you’ll discover how embedded banking can streamline transactions, reduce costs, and integrate seamlessly into your platform. A practical solution to make your business more competitive! ✨ Want to know more? Download the full report in collaboration with DailySocial.id - Indonesian Startup Media & Research now available on the Amar Bank website, and take the first step toward unlocking your business! 🚀 #AmarBank #BankDigital #AMANdenganAMAR #EmbeddedBanking

Our delegates are enjoying a fascinating discussion between Gisela Vivian (Microsoft), Jason Macklin (ESW), Pinki Choudhury (Kingfisher plc), Eddie Harrison (Navro), Jamie Wadhams (OnBuy) on Payment strategies to accelerate eCommerce and online marketplace success this insightful session is being expertly moderated by Judith Crawford (Electronic Money Association) #paymentstalk #ecommerce #fintech #epay2024 #london #openbanking #payments #paymentstrategies #marketplace #regionalisation #localisation #crossborderpayments #paymentstalk #ecommerce #fintech #epay2024 #london #openbanking #payments #paymentstrategies #marketplace #regionalisation #localisation #crossborderpayments

Argentina, Brazil, and Mexico are among the fastest-growing #eCommerce markets worldwide. And real-time payment methods are changing the way Latin American consumers pay for their digital goods and services. The region's projected compound annual growth rate of real-time payments is 22% between 2022 and 2026. Interested in learning more? Download dLocal's exclusive Emerging Markets Payments Handbook today ⬇️ https://lnkd.in/dR5i-DxE #EMPaymentsHandbook #LatinAmerica #InstantPayments #APMs #OnedLocal