Tag: digital payment
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Philippines announces non-blockchain CBDC plans
The Central Bank of the Philippines has made an exciting announcement regarding the introduction of a Central Bank Digital Currency (CBDC). However, what sets their plans apart from other countries’ initiatives is that the Philippine CBDC will not be powered by blockchain technology. CBDCs are digital forms of a country’s official currency that are issued…
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Flagright, MUWE enhance digital payment security in LATAM
In an effort to strengthen digital payment security in Latin America (LATAM), Flagright and MUWE have joined forces to provide advanced solutions to protect consumers and businesses. Protecting Transactions in the Digital Age The rise of digital payments has revolutionized the way people transact, bringing convenience and efficiency. However, it also brings potential risks of…
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Octopus expands digital payment in Hong Kong taxis
Octopus Expands Digital Payment in Hong Kong Taxis Octopus, a leading electronic payment system widely used in Hong Kong, has announced its expansion into the city’s taxi industry. This move aims to offer even more convenient and seamless payment options for passengers and drivers alike. Taxis are a popular mode of transportation in Hong…
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Alipay+ partners with LankaPay
In an exciting move for the Sri Lankan financial industry, Alipay+ has announced its partnership with LankaPay, enhancing the digital payment landscape in the country. Alipay+, a globally renowned mobile payment platform operated by Ant Group, and LankaPay, the national payment network of Sri Lanka, have joined hands to provide innovative and convenient payment solutions…