Tag: Payments
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COOs Behind Nigeria’s Fintech Boom: Meet the Operators of the Top 5 Platforms
Introduction: The quiet drivers of Nigeria’s fintech ascendancy As Nigeria’s fintech scene surges, the leadership that often goes unseen is the Chief Operating Officer. While founders and CEOs generate the vision, COOs translate that vision into scalable, reliable operations. In the country’s five most influential fintech platforms—Opay, Flutterwave, Paystack, Paga, and Kuda Bank—the COO role…
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Meet the COOs Driving Nigeria’s Top Fintech Platforms
Introduction: The backbone of Nigeria’s fintech surge While founders and CEOs often take the spotlight, the Chief Operating Officers (COOs) of Nigeria’s top fintech platforms are the engines that keep day-to-day operations smooth, scalable, and compliant. As Nigerian fintechs attract record funding and expand rapidly, COOs are translating strategy into reliable product delivery, robust processes,…
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Uber’s Send a Ride: A Simple Way to Pay Someone Else’s Fare This Holiday Season
Introducing a Practical Holiday Gift: Send a Ride As holiday travel ramps up, Uber is rolling out a thoughtful feature designed to make gift-giving and shared experiences simpler: Send a Ride. This new option lets you pay for another person’s Uber ride, whether it’s a friend catching a late flight, a family member heading home…
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Send a Ride: Uber’s Giftable Fare Boosts Holiday Travel
Uber’s New Giftable Fare Is Changing Holiday Travel As travelers hit the roads, airports, and rails this holiday season, Uber is rolling out a set of features designed to make gifting and shared rides simpler. The standout addition is “Send a Ride,” a way to purchase and deliver a rideshare fare to someone else. The…
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PayPal and OpenAI Ink Deal to Embed Wallet in ChatGPT for Seamless AI-Driven Purchases
PayPal and OpenAI Strike a Groundbreaking ChatGPT Payments Deal In a move poised to reshape how consumers shop through artificial intelligence, PayPal has signed an agreement with OpenAI to embed the PayPal digital wallet into ChatGPT. The deal, disclosed to CNBC exclusively, will allow ChatGPT users to buy items discovered through the leading consumer AI…
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PayPal and OpenAI Ink ChatGPT Payments Deal for AI-Driven Shopping
PayPal Teams Up with OpenAI to Embed Wallet in ChatGPT PayPal has reached an exclusive agreement with OpenAI to embed its digital wallet into ChatGPT, enabling users to pay for items discovered through the leading consumer AI tool. The deal, sealed over the weekend, positions PayPal as a primary payments backbone for what the two…
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PayPal and OpenAI Sign ChatGPT Payments Deal to Expand AI Shopping
PayPal and OpenAI strike a milestone in AI-powered commerce PayPal has sealed a high-profile agreement with OpenAI to embed its digital wallet into ChatGPT, the leading consumer AI tool. The integration means that starting next year, users will be able to buy items discovered through ChatGPT using the familiar PayPal checkout experience, while merchants listed…
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Ireland Sees 40% Surge in Fraudulent Payments in 2024: What’s Driving the Rise and How to Protect Yourself
Ireland’s Fraud Scare: A 40% Jump That Shifts the Risk Landscape The Central Bank of Ireland’s Payment Fraud Statistics for 2024 reveal a sharp shift in the risk landscape for consumers and businesses. Last year, the volume of fraudulent payments rose by 40% compared with 2023, with the total value reaching €160 million. While some…
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Ireland Sees 40% Jump in Fraudulent Payments in 2024, Driven by E‑Money and Remittances
Overview of the 2024 Fraud Payments Surge The Central Bank of Ireland’s Payment Fraud Statistics for 2024 reveal a 40% increase in the volume of fraudulent payments compared with 2023. The total value of fraudulent payments rose to €160 million in 2024, reflecting a near 25% year‑on‑year increase. The upsurge is largely driven by fraud…
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Singapore Pools’ 10-Cent PayNow Fee Under Scrutiny as Surcharges on PayNow Remain Prohibited
Singapore Pools’ PayNow Fee Draws Paraty Attention From Government and Public Singapore’s PayNow system is meant to offer a convenient, cost-free way for consumers to pay merchants using bank transfers. The key rule, however, is clear: merchants are not allowed to impose surcharges on customers for PayNow payments. Yet the issue of a 10-cent fee…