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Global Payments Announces Strategic Partnership With Desjardins Group in Canada

Global Payments Announces Strategic Partnership With Desjardins Group in Canada

“Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced an agreement with Desjardins Group, the leading cooperative financial group in Canada, to acquire its existing merchant acquiring business and portfolio of approximately 40,000 merchants. As part of the transaction, Global Payments will enter into an exclusive 10-year [...]

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Govt Considers Tax Incentives for Cashless Payments

Govt Considers Tax Incentives for Cashless Payments

“Rwandan businesses that declare a significant portion of their revenue via cashless avenues could soon start receiving tax refunds. The Government, through the Ministry of Finance and Economic Planning, is currently conducting studies to determine the feasibility of the concept. Eric Rwigamba, the Director-General of the Financial Sector Development at the Ministry of Finance and [...]

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Pinterest falls short of quarterly revenue estimates, forecast disappoints

Pinterest falls short of quarterly revenue estimates, forecast disappoints

(Reuters) – Pinterest Inc (PINS.N) on Thursday missed Wall Street estimates for third-quarter revenue as it earned lower-than-expected average revenue per user, and forecast full-year sales marginally below expectations. Shares of the online scrapbook company, which have risen about 36% from its initial public offering price in April, dipped nearly 20% to $20.25 in extended [...]

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