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Global FinTech startup Rapyd announced on Tuesday Aug. 10 that Thailand Google Play users will now have access to PromptPay payments, starting from August 2021.According to the announcement, the experience is made pos stanley tumblers sible via the companys prior partnershi stanley cup romania p with GB Prime Pay, a leading Thai payment solution provider. The deal will give local Android users and content providers access to a full range of premium digital content on Google Play Store that supports PromptPay payments, with the ability to make in-app purchases for music, movies, games, and video streaming, among other content purchases.This is not Rapyds first foray into the Thai market. The company recently launched its all-in-one ; payment capabilities, and in addition to partne stanley uk ring with GB Prime Payment, it has signed deals with other Thai payment solution providers to make local payment options like international and local cards, bank transfers, eWallets and cash over the counter available to consumers.The partnership with interbank mobile platform PromptPay is another opportunity for Rapyd to cement its foothold in the Southeast Asian country. PromptPay is Thailands leading payment method and as of September 2020, the platform had accumulated over 55 million registered users, close to 80 percent of the countrys population.PromptPay enables users to make real-time payments or transfer funds using a mobile number or national ID, and in the four years since its launch in 2017, the platform h Obll Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform

Kenyas Safaricom has announced that it is partnering with Vodacom to acquire the intellectual property rights to the M-Pesa mobile financial services platform.Last year Safaricom launched a new Bonga platform, described as a conversational and transactional social network that uses the M-Pesa mobile money produ stanley fr ct as a social network.The deal, for 12 million euro $13.4 million , will allow both companies to save in royalties paid to Vodafone. Safaricom currently pays 2 percent of its annual M-Pesa revenue, while Vodafone pays 5 percent in an intellectual property fee from its M-Pesa business. South African-based Vodacom also owns 35 percent of Safaricom, the most profitable company in East Africa. We are taking ownership of M-Pesa, the brand and the intellectual property 鈥?joint ownership between us and Vodacom 鈥?and we then use that as a platform for running into other markets across the continent, Bob Collymore, Safaricoms CEO, told Reuters.Revenue from M-Pesa was reported at 75 billion shillings $741 million in Safaricoms financial year stanley quencher at the end of March. More important than the significant savings is about us determining the future, the roadmap of M-Pesa, because at the moment the roadmap is determined by Vodafone, Collymore said. Given that the bulk of the M-Pesa business is in Africa, between Tanzania and Kenya stanley cup , it is right for us to be determinants. The acquisition will also allow the partners to develop local products, such as Fuliza, an M-Pesa overdraft faci