THE FIXPAYS NEWSROOM
Industry developments, verified sources and a merchant’s perspective.
Swift says its consumer-payments framework is supporting faster, more predictable transfers while first-mover banks test 24/7 tokenised-value movement on its ledger.
Two U.S. proposals address reserves, capital, risk management, custody and applications by Board-supervised banks, with practical implications for merchants evaluating stablecoin settlement.
Kenya’s central bank expanded its licensed digital-credit register, sharpening the need for merchants and payment partners to verify counterparties and transaction purpose.
A new central-bank memorandum focuses on connecting Indonesia and Hong Kong through QR-based cross-border payments, with practical implications for merchant acceptance and reconciliation.
Kenya’s Treasury and central bank published a draft policy and bill covering interoperability, competition, consumer protection and payment-system oversight.
New central-bank research maps Ireland’s changing payment ecosystem and highlights business cost, consumer preference and emerging instruments.
Mastercard’s new integration initiative targets transactions involving merchants, digital platforms and AI agents, raising practical questions about authority, identity and disputes.
Visa announced an approach combining VisaNet settlement information with blockchain lending for stablecoin-linked card programs and fintech working capital.
PhonePe’s announced hiring and device programme turns attention to the operating work behind deeper digital-payment acceptance.
The regulatory milestone opens a path toward a future launch, while reminding cross-border merchants to distinguish preliminary approval from operational availability.