External payments articles
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Child Tax Credit Payment: Which states are starting to send CTC payments?
The American Rescue Plan, a landmark legislation, has not only increased the Child Tax Credit but has also broadened its reach, aiming to provide substantial assistance to families caring for children. This expansion, hailed for its potential to significantly alleviate child poverty, has seen several revisions, including increased credit amounts, full refundability, and an expanded scope, particularly catering to families previously excluded from its...
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RBI proposes to allow UPI payments via prepaid payment instruments
RBI believes that allowing users to link PPI wallets with third-party UPI apps for payments would "enhance customer convenience and boost adoption of digital payments for small value transactions."
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Mastercard, Mono collaborate on payment solutions
Mastercard and Mono Technologies Nigeria Limited have unveiled A2A payments and a range of open banking solutions, all powered by Mastercard Gateway. The collaboration will leverage Mono’s expertise in open banking and Mastercard Gateway’s advanced payment technology to provide businesses in the region with a secure and streamlined A2A payment solution, addressing evolving consumer needs Read More