cross-border transactions News

Visa's Fiscal Q2 Triumph: Net Revenue Soars 9% to $9.6B Amidst Robust Payment Growth

Visa Inc. announced a 9% increase in net revenue to $9.6 billion for Q2, driven by growth in payments and cross-border transactions, with a net income rise to $4.6 billion.

Razorpay Makes Strategic Move into Singapore, Eyeing Southeast Asia's Digital Payment Boom

Fintech unicorn Razorpay expands into Singapore, aiming to reduce cross-border payment costs and strengthen its Southeast Asia presence. With plans to explore Thailand, the Philipp...

Visa's Q1 2025 Earnings Soar: A 10% Revenue Jump to $9.5 Billion

Visa Inc. reports a 10% revenue increase to $9.5 billion in Q1 2025, with net income and earnings per share also seeing significant growth. CEO Ryan McInerney credits the strong pe...

RBI's New Policy: Foreign Nationals Now Allowed to Open Rupee Accounts Abroad

The Reserve Bank of India (RBI) has announced new rules allowing foreigners to open rupee accounts in overseas Indian banks, aiming to promote the rupee's use in international trad...