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…
Hong Kong taxi passenger pays double fare after driver claims seatback payment code was an advertisement
A Hong Kong taxi passenger was forced to pay his fare twice after scanning a mobile payment code displayed on the back of the front seat, only for the cabby to disown the code and dismiss it as a commercial advertisement. SCROLL TO CONTINUE WITH…
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…
Boost for families as key social welfare payment set for €84 increase
Families were firmly in the spotlight in this week's budget as the Government announced a series of changes to social welfare payments. One group in particular will be celebrating this year's budget, as a weekly payment is set to climb to…
DWP state pension warning as payments 'getting further away' for people
State pensioners intending to make claims in future have been urged to examine how upcoming alterations to the state pension will affect their retirement plans. The Department for Work and Pensions is set to increase the state pension age, reports…
The one major group excluded from Christmas Bonus as payment date confirmed
In December, more than one million people will receive a social welfare bonus in the run-up to Christmas. The Christmas bonus will be paid from the December 7, as confirmed in Budget 2027 earlier this week, and is expected to benefit around 1.4…
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…
Brits with high blood pressure can qualify for £194.60 weekly payment from DWP
Brits who have high blood pressure may be able to claim Personal Independence Payment (PIP), the latest official figures from the Department for Work and Pensions (DWP) suggest. High blood pressure (also known as hypertension) is very common…
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…
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…
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…
Some DWP disability payments slashed with 'no appeal
A crucial government programme designed to support disabled workers has witnessed funding cuts of up to 85 per cent 'with no right of appeal'. BBC Radio 4's Moneybox programme examined the vital Access to Work initiative, which provides financial…
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