Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Social Security payments of up to $5,181 arriving this week-What to know
Social Security recipients up and down the country will receive their monthly payment this week. More than 75 million Americans receive some form of benefit from the Social Security Administration (SSA), including retirement, spousal, survivor and…
UPI: India built a digital payments miracle. Now comes the bill.
For most Indians, paying by Unified Payments Interface (UPI) has become almost absurdly routine. Scan a QR code, tap a few buttons and the money moves instantly. There is no card machine, no cash, and - most importantly - for the user, no visible…
DWP sending £800 payments to millions of pensioners on August 28
Anyone receiving welfare payments will get them early this August bank holiday Millions of Britons will receive vital financial support earlier than expected ahead of the August bank holiday weekend, with welfare payments being brought forward to…
Sybrin strengthens East African presence to support Ethiopia's digital payments modernisation
The partnership aims to modernise Ethiopia's payments ecosystem. (Image: Sybrin) Sybrin has announced a strategic initiative to support Ethiopia's digital payments modernisation, reinforcing the organisation's long-term commitment to East Africa…
State pensioners with 4 conditions set for £114 DWP payment change in August
The DWP has confirmed it will pay benefits early State pensioners who receive a £114 DWP benefit thanks to a common condition could be handed payments three days early on top of their state pension. The Bank Holiday at the end of August will…
People on Basic State Pension could be due extra DWP payment
The latest statistics from the Department for Work and Pensions (DWP) show the State Pension currently provides a regular financial income for over 13million older people across the country, including more than one million retirees living in…
Benefits and one-off payments only families in Scotland can claim
Families across Scotland may be entitled to a wide range of benefits, grants and one-off payments designed to help with the cost of raising children. Low income households could also be eligible for help with heating bills and Council Tax. Support…
DWP making automatic payments to people following pension and benefits error
The Department for Work and Pensions (DWP) is making one-off payments to some people living overseas after identifying small underpayments. A new notice from the International Pension Centre states that people who receive their pension or benefits…
Existing PIP claimants may be due DWP back payments of around £5,600
The Department for Work and Pensions (DWP) is unable to trace around 2,400 people on Personal Independence Payment (PIP) who may be due back payments following a major review of historical benefit decisions. The figures were published as the…
New Reform UK plans to scrap PIP could see millions face changes to payments
Reform UK has set out plans to scrap Personal Independence Payment (PIP) for working-age adults as part of a major overhaul of the benefits system. Under the proposals, PIP and the health element of Universal Credit would be abolished for…
Stripe Acquires OpenRouter for $7B+, Turning Model Routing Into a Payments Infrastructure Problem
Stripe has finalized an agreement to acquire OpenRouter for more than $7 billion, according to a Bloomberg report published August 16, 2026. The acquisition, which follows initial reports of talks by the Wall Street Journal in July, marks a…
Visa Says Payment Choice Keeps High-Value Shoppers at Checkout
The new American shopper can tell an artificial intelligence platform precisely what she wants, compare the answer (even while standing in the store) and abandon the merchant at checkout because the wrong payment option appears. That combination of…
Eyeing recovery of Rs 6,000 crore, Delhi extends water bill late payment waiver
2 min read New Delhi Make us preferred source on Google In a bid to recover outstanding dues worth Rs 6,000 crore, the Delhi government has extended its scheme offering a full waiver on late payment charges on water bills by another seven months…
Cash payments on three Ajman bus routes to stop in September, authority announces
Buses on some routes in Ajman will not accept cash payments starting September 17, 2026, the Ajman Transport authority announced on Monday. Only payments via the Masaar Money and bank cards will be available to pay for bus tickets on the Sharjah…
IPO-bound Paramotor Digital partners with NSDL Payments Bank to issue prepaid cards
Fintech and enterprise technology firm Paramotor Digital Technology Ltd on Monday said it has entered into a co-branded partnership agreement with NSDL Payments Bank to issue prepaid cards across India. The partnership will support Paramotor's…
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