Digital commerce company PayPal is moving to establish itself as “more than just a button” to a global payments platform as it readies a split from parent company eBay later this year. “We’re coming into the market at a time when the financial services industry is going through some fundamental shifts,” new PayPal CEO Dan Schulman said at PayPal’s… Read More
Payment processor WePay just closed on $40 million in funding from FTV Capital and others, with plans to push its platform globally.
This post was brought to you by CM Telecom, a leading global mobile service company for messaging and payments. While many of us consider WhatsApp a handy way for staying in touch with friends and family, the messaging service with 800 million users is also an incredibly powerful tool for businesses. Show More Summary
The U.S. payments company may be in talks to buy former subsidiary Visa Europe for up to $20 bln. A deal now, though complex to arrange, would bring global dominance and valuable cost savings. An existing put option also means acting now might well avoid a higher price later.
Resistance is futile, so go ahead, "mobile"-ize us! MWC Shanghai, Asia's biggest mobile industry event (July 15-17), features over 250 exhibitors with the pitch that "from connected cars and wearable tech to mobile payments and smarter...Show More Summary
This post was brought to you by CM Telecom, a leading global mobile service company for messaging and payments. Reach the right audience, with the right message, at the right times in their buying journeys—that’s the marketer’s mantra. Show More Summary
Showing some flexibility in its payment model, Uber announced today that it would let customers in Hyderabad, India, pay by cash. “This is an experiment and a global first for Uber across our 300+ cities,” the company wrote in a blog post. “We have worked hard to create a cash payment option that is seamless […]
For the first time ever, Uber has allowed cash mode of payment for availing their cab booking services. Cash payments have been started in Hyderabad as of now, and it is being expected that the option would be rolled out to other Indian cities very soon. Show More Summary
Cutting Russia out of the global banking payment system SWIFT could turn into a catastrophe for the overall system of payments in Europe, according to the head of public affairs at UniCredit Group, Italy, Giuseppe Scognamiglio.
On the Web: Payments Innovation Jury Report 2015 - The Payments Innovation Jury Report is a report released every two years, detailing global trends in payments innovation, and future opportunities and challenges for the industry. The...Show More Summary
Monitise, a global leader in mobile money solutions, announced the launch of its cloud-based platform that offers API access to multiple digital banking and payment products.
By Eric Auchard FRANKFURT (Reuters) - Apple has made mobile payments look easy, after a decade of mostly failed experiments by banks, telecom operators and retailers to woo consumers away from cards and cash. Apple Pay has taken theShow More Summary
We can have proper debates about the public policy merits of capitated, or global, payments, but things get dicey when the biggest protagonist of such in Massachusetts tries to restate history. In this article by Brant Mittler aboutShow More Summary
As TNW Conference Europe draws closer, we are nearing the end of the second edition of our European Tech5 initiative. In case you missed our previous coverage, here’s a quick refresher: we teamed up with global payments technology provider Adyen to identify the fastest-growing young startups in six European countries. Show More Summary
International payments cost companies a great deal of money and Bitcoin-related startup Align Commerce wants to change that. According to Marwan Forzley, CEO and Founder of Align Commerce, “businesses spend over $50 billion on wire and foreign exchange fees,” and … Continue reading ?
Trulioo verifies identity to allow trusted commerce between strangers in distant countries.
On the Web: Don't believe the hype on Apple Pay says MasterCard global chief - Sydney Morning Herald - "Instead of being disrupted, the incumbent payment network, along with fellow global giants Visa and American Express, has so farShow More Summary
Stripe today announced a new version of its Connect platform with the hope of empowering more companies to conduct business online. The updated Connect API adds a handful of features that bring global payment capabilities to its customers and beyond.
Stripe, the payment company that’s quietly building the best way to pay people online, has today launched a major API update to its Connect API. The new API builds on what the company learnt from modern “platform” companies such as Instacart, Shyp and Lyft, that employ many ‘sellers’ to get their work done. Show More Summary