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News «FinTech Insights»

PayPal Launches New Cryptocurrency Wallet
PayPal has announced the launch of a new cryptocurrency wallet that will allow users to store, send and receive various cryptocurrencies, including Bitcoin, Ethereum and Litecoin. The move highlights the company’s commitment to expanding its financial services and bringing more customers into the world of digital assets. The new wallet will also integrate with PayPal’s existing features, making the process of using cryptocurrency more convenient for users.
The BNPL (Buy Now, Pay Later) Market Continues to Grow
According to a recent report, the Buy Now, Pay Later (BNPL) market continues to grow, with a projected 20% increase in volume next year. This is due to changing shopping habits, with more consumers choosing to break up their payments into smaller instalments. Major players like Afterpay and Klarna continue to expand their offerings, attracting new customers and partners. This trend is also attracting interest from regulators, who are starting to develop new rules to protect consumers.
Visa Launches FinTech Startup Support Program
Visa has announced the launch of a new FinTech startup support program aimed at helping innovators develop their ideas and enter the market. The program includes mentoring, access to Visa resources, and the opportunity to test their solutions on the company’s platform. This move underscores Visa’s commitment to supporting innovation and collaboration in the financial sector, as well as strengthening its position amid growing competition from new technologies and players in the market.

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