More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re

The launch countries include Russia, Turkey, Thailand, Philippines, Indonesia, Malaysia, and Singapore and alongside carrier billing will also include local e-wallet payment services such as RabbitLinePay, GCash, GoPay, OVO, Dana, GrabPay.

Recent weeks have been all about adapting to the unprecedented and rapidly changing context. 

The bank would soon unveil payment systems that solely use mobile phones and eliminate the need to use cards for day-to-day purchases in shops

The Fijian Parliament passed the National Payment System Act, paving the way for this reform program to boost access to affordable payment services through digital solutions and support the drive for greater financial inclusion.

The tie-up will enable Indian startups and SMBs to fold technology into their operations and accelerate digitalization while also maintaining business continuity and preparing for alternatives to cash payments.

Through a Mastercard virtual payment solution linked to MTN MoMo wallets, consumers can now unlock a host of opportunities.

The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.

This targeted new investment will help address the critical financing needs of Turkey's underserved micro, small, and medium enterprises in the agricultural sector.