The news: PayPal launched PayPal World, a global platform linking major international payment systems and digital wallets. Our take: While PayPal’s starting list of key partnerships represents Latin America, India, and China, the payment provider could penetrate further into European markets by tying up with the European Payments Initiative and the Wero wallet—as well as with top US wallets like Apple Pay and Google Pay or the nascent Paze.

The global payments industry will be a $2.3 trillion revenue opportunity in 2028. But shifting business models, new technologies, and alternative payment methods are changing how key card players compete for a share of this revenue.

The fintech wants to capitalize on the country’s rapidly digitizing payments market, but competing against both homegrown and other global players won’t be easy

Cash is no longer king in Brazil after being dethroned by the central bank’s instant payments system, Pix. This report explores who’s using Pix (nearly two-thirds of the population), what’s fueling its immense popularity, and how it will reshape Brazil’s payments landscape this year and beyond.

The launch of the real-time payments system could disrupt the US payments landscape, but it may be a couple of years before its real ramifications are clear

Reported plans to launch Apple Pay and its credit card in the country could support growth plans—if it beats out stiff competition.

It partnered with Spotify Premium and can use other tie-ins and products to sustain rapid growth.

Consumer device and behavior trends are affecting payment providers’ strategies across retail, P2P, B2B, disbursement, and cross-border channels. Here’s what that means for the payments ecosystem.

Economic uncertainty and rapid technological innovation are shifting industry dynamics for players across the payments ecosystem, including acquirers and processors, networks, and issuers.

The Indian payments provider raised $350M for new products to diversify as competition intensifies.

The two networks are edging closer to joining the UPI, which would open up a massive market opportunity.

The government will spend $318.4 million to encourage more banks and payment providers to support the domestic solutions.

Last year, we predicted India’s CBDC plans would materialize in 2022 and that the CFPB would hone in on BNPL players.

It rolled out a simpler tech stack with UPI Lite and introduced credit card linking, which can aid its global expansion efforts. 

Connecting to the mobile bank-to-bank system lets Slice increase payment options and capture a larger share of volume.

Revised rule guidelines mean online merchants and payment gateways won’t be allowed to save card details, limiting the ability to market products to consumers and potentially adding friction for customers—but it could benefit UPI and mobile wallets.

The prepaid digital payment system caters to essential transactions like medical payments and food vouchers and can help increase financial inclusion for the country’s unbanked population.