The National Bank of Rwanda has instructed mobile network operators to waive charges on all transfers with bank wallets, person-to-person and merchant fees on payments.

According to the report, cash on delivery was the leading payment method preferred by online shoppers in Saudi Arabia, Jordan, Egypt, Morocco, Kenya, and other countries in this region, as of 2019.

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.

A number of people who were earlier used to paying their utility bills in cash may have shifted to the digital channels during the lockdown, they added.

The partnership will allow Wave Money to leverage Ant Group's experience in building mobile payment platforms to enhance its digital competence, capabilities, user experience and service offerings.

The U.S. Patent office on Friday published a Visa patent application to create a technology gateway that could allow central bank currencies for any nation to be digitized.

The government is providing direct cash assistance to 5 million Corona-affected families.

Online payments have been slow to take off in the Philippines, where cash has long been king.

The body will try to influence the EU laws for the payments industry.