cross-border payment

PayPal Doubles Down on P2P with Skype

PayPal is on a tear in terms of taking on new partners and is looking to significantly boost its P2P payments volume, which grew 103 percent in the second quarter, reaching $8 billion in Venmo transactions. The company announced in a blog post on Aug. 2 that any of the more than 1 billion people who’ve downloaded the Skype mobile app will be able use it to send money across borders.

Fintech Is Poised to Thrive in Mexico

The Mexican market has everything—the market size, the interest and the right attitude. There is only one thing missing and that is the very fundamentals of what fintech represents.

Flywire Crosses into New B2B Payment Verticals

Cross-border payments specialist Flywire is expanding beyond tuition and health care payments to offer B2B payments in several new segments, including travel, luxury goods, publishing, import/export, business/professional services and technology. Flywire already has several deployments of its new services underway, the company tells Paybefore.

India to Open Payment Interface, Ease Transactions between M-Wallets

As India’s war on cash wages on, mobile wallets continue to reap the rewards. Although some experts suggested the advent of the Reserve Bank of India’s Unified Payment Interface platform could make mobile wallets obsolete, a new plan for interoperability could be a boon for Paytm, MobiKwik, Freecharge and other mobile wallet providers.