Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Syria holds international business fair, starts processing credit card payments
“The 63rd Damascus International Fair opened its doors to the general public on Saturday for its fourth day at the Damascus Fairgrounds, following the conclusion of three days dedicated exclusively to business and investment…
Parents urged to apply for €285 lump-sum payment as deadline looms
Families are being urged to submit their applications for the Back To School Clothing and Footwear Allowance, with thousands having already received the payment in recent weeks. However, the closing date to apply falls next month. The payment began…
DWP confirms 5 groups who will not get Winter Fuel Payment 2026
The Department for Work and Pensions (DWP) has outlined the five categories of people ineligible for the Winter Fuel Payment this winter. Those born on or before June 27, 1960, may be entitled to receive up to £300 from the Government to…
DWP bonus payment for people on State Pension, PIP and 22 other benefits - full list
DWP bonus payment for people on State Pension, PIP and 22 other benefits - full list Millions of benefit claimants are eligible for an extra £10 boost every year in winter. Claimants of 24 different benefits will automatically receive a bonus…
The four groups not eligible for Winter Fuel Payment in 2026
The Department for Work and Pensions has confirmed the four categories of people ineligible for the Winter Fuel Payment. The annual, tax-free sum is provided to residents in England and Wales to assist with heating expenses throughout the winter…
Samsung, SK hynix tax payments surge 167% on chip boom
Samsung Electronics and SK hynix paid a combined 11.21 trillion won ($7.99 billion) in corporate taxes in the first half, up 167 percent from a year earlier, as the AI-driven chip boom translated into higher tax bills. According to regulatory…
HNGIL seeks insolvency proceedings against Bira 91 maker over payment default
Hindusthan National Glass and Industries Ltd (HNGIL) has served a default notice on B9 Beverages Ltd, the maker of the Bira 91 range of beer, as it plans to drag the debt-ridden brewer to the insolvency tribunal NCLT. HNGIL, a container glass…
UAE property: Can you use a personal loan to fund your mortgage down payment?
Question: I understand that when buying a home in the UAE, I need to have a certain amount available as a down payment before financing the rest. Is it legal to finance that initial amount through a personal loan? Answer: Pursuant to your query…
Private Management Group Inc. Purchases 133,415 Shares of Global Payments Inc. $GPN
Private Management Group Inc. raised its position in Global Payments Inc. (NYSE:GPN - Free Report) by 27.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 612,322 shares…
Corpay Sees Growth Momentum Extending as Corporate Payments Takes Center Stage
MarketBeat Week in Review – 05/18 - 05/22 Corpay NYSE: CPAY CFO Peter Walker said the company expects its growth momentum to continue through the second half of the year, citing strong customer activity, sales and retention across its…
Canada Pension Plan Investment Board Acquires Shares of 135,810 Global Payments Inc. $GPN
Canada Pension Plan Investment Board bought a new position in shares of Global Payments Inc. (NYSE:GPN - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 135,810 shares of the…
Recruiter places 'phoenix' firm into liquidation just months after repurchase erased millions in debt
A recruitment executive who was allowed to buy back the assets of his bust company in instalments, despite it accumulating almost £3m of debt, has placed his new business into liquidation after falling behind with promised payments to the…
Chelsea preparing for 'all scenarios' over Enzo Fernandez's future, says Alonso
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UPI dominates India's digital merchant payments market with 77.3% share
The growth of UPI comes as India's digital merchant payments market continues to expand. The sector has grown 19.6% year-on-year (YoY), reaching ₹11.7 lakh crore in July. This growth is largely driven by the increasing adoption of UPI for…
Dutch football federation is latest to withdraw support for FIFA President Gianni Infantino
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