Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nigerian Payments Company OPay Files for IPO
Payments company OPay filed for an initial public offering of American depositary shares. The company plans to trade on the New York Stock Exchange under the ticker OPAY. It didn't disclose the amount or pricing of the ADSs it plans to offer. OPay…
Mortgages Hit 3-Year High: How Payments Have Risen Under Trump
U.S. mortgage rates have climbed to their highest level in nearly three years, adding to affordability pressures for homebuyers as the cost of living emerges as a key issue ahead of November's midterm elections. The average rate on a 30-year…
Social Security payments could rise in 2027 - but retirees may still be disappointed
Social Security recipients are in line to receive a benefit increase in 2027, experts say. Monthly payments are expected to rise 3.5 percent when the Social Security Administration announces its cost-of-living adjustment on October 14, according to…
Ecobank Taps Yuan Payments as It Eyes Africa's Trade With China
Ecobank Transnational Inc. is stepping up efforts to facilitate direct yuan payments for clients trading with China as the pan-African lender seeks to boost ties with the continent's biggest trading partner and reduce reliance on the dollar. The…
Jim Chalmers overrules ATO's controversial ban on credit card payments following business outcry
A controversial ban on credit card payments on tax bills will be delayed by more than six months, after the federal government overruled the tax office and announced new stopgap funding. Treasurer Jim Chalmers announced on Friday extra funding on…
Anwar: Firms can claim salary tax deductions only for traceable wage payments
BUDGET 2027 | Companies other than micro, small, and medium enterprises (MSMEs) will be able to claim tax deductions on salary expenses only if wages are paid through bank accounts or other approved channels, Prime Minister Anwar Ibrahim announced…
State pensioners set for £335 DWP payments before January
Several DWP winter schemes will give eligible pensioners an extra boost of cash The Department for Work and Pensions (DWP) is set to hand out up to £335 worth of winter payments to eligible state pensioners before January. The extra cash is…
XRP Ledger Drops 400,000 Payments Out of Nowhere
The XRP Ledger (XRPL) experienced a sudden drop in payment activity, losing around 400,000 transactions overnight. The drop came during a volatile week for the market as a whole. The reason behind it has not been confirmed. It could be a result of…
Live: Minister moves to smooth over government response to ATO payment change
Choose what information you see below by using filters Penny Wong says the government doesn't have the power to direct the tax office to reverse its decision to stop accepting credit card payments. The Coalition has called on Labor to direct the…
Robinhood Chain is weighing new payment-based transaction ordering system
Robinhood Chain, the popular Layer-2 blockchain tailor-made for tokenized real-world financial assets, is evaluating a transaction-ordering system that would allow users to pay a fee to prioritize certain trades, according to a person familiar with…
HSBC Tests AI-Powered Payments With Blockchain Deposits
Latest News PublishedOct 9, 2026 The technical trial showed how AI agents could discover services and make micropayments using HSBC's tokenized deposits, with real-time settlement and risk checks. British banking giant HSBC and Ant Digital…
Horror as plumber kills elderly couple with screwdriver after payment dispute
The plumber allegedly carried out the attack with a screwdriver An elderly couple and their domestic worker have been killed after a plumber allegedly attacked them with a screwdriver following a dispute over payment. The horror unfolded at the…
Starting in 2027, Mastercard will enable card payments even during power outages
In the future, it should be possible to pay by credit card even without a direct network connection for the terminal. (File photo) Even if the Internet goes down, consumers should still be able to use their Mastercard to make purchases in the…
DWP confirms 5 state pensioner groups won't get Winter Fuel Payment in November
Winter Fuel Payment rates and eligibility dates for 2026 to 2027 have been confirmed. The DWP has confirmed the five groups of state pensioners who will not be eligible for a Winter Fuel Payment in November, when the payment is usually be paid out…
Mashinsky Accepts Lifetime Industry Ban and Up to $35 Million in Conditional Payments
The New York settlement ties the money to federal forfeiture and prison-sentence conditions, adding to existing FTC and CFTC restrictions. The New York settlement ties the money to federal forfeiture and prison-sentence conditions, adding to…
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