payments

  • Facebook Messenger Payments Arrives In NYC, Now Supports Group Chats And More

    Facebook Messenger Payments Arrives In NYC, Now Supports Group Chats And More

    Facebook says today that it’s expanding access to the new payments feature introduced in Facebook Messenger earlier this year to those located in New York City and the surrounding metro area. The feature, which allows friends to send and receive money using Facebook’s messaging app on iOS and Android as well as on the desktop, was previously only available in a few cities in the U.S. Read More

  • PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”

    PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”

    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

  • PayPal’s Instant Checkout “One Touch” Now Works With Bigcommerce, No Longer Requires PayPal’s App

    PayPal’s Instant Checkout “One Touch” Now Works With Bigcommerce, No Longer Requires PayPal’s App

    PayPal’s instant checkout service called OneTouch is now being extended to support all merchants using the e-commerce platform Bigcommerce, as well as on mobile devices – even in cases where the consumer doesn’t have the PayPal native application installed. The service, which allows customers to check out from an online merchant without having to enter their username and… Read More

  • PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    Payments company PayPal is inching closer to spinning off from its marketplace parent eBay. Today its designated CEO, Dan Schulman, announced that it plans to list on Nasdaq and use PYPL as its ticker — the original ticker it used before eBay acquired it in 2002. The  company plans to spin off eBay in the second half of this year. To date, some 18 billion transactions and… Read More

  • Europay, MasterCard, Visa: A Primer

    Europay, MasterCard, Visa: A Primer

    The cyber breaches and system hacks affecting Target, Home Depot, Neiman Marcus and other large retailers over the past two years have resulted in billions of dollars of credit card fraud. This growing epidemic has led to increased calls for a more robust credit card security system. Read More

  • Best Buy Will Accept Apple Pay In All U.S. Stores Later This Year

    Best Buy Will Accept Apple Pay In All U.S. Stores Later This Year

    Back when Apple Pay was first launched, Best Buy wanted none of it. As a part of the MCX consortium, they were a part of an effort among retailers to build a mobile payments system of their own: CurrentC. It seems Best Buy has changed its mind. 6 months later, Best Buy is jumping on the Apple Pay train. Read More

  • The Year Of Mobile Payments

    The Year Of Mobile Payments

    Ask most people what the state of mobile payments is today, and they’ll tell you it’s just kicking off. With Facebook announcing the option to ‘send money to friends’ via messenger and the release of Apple Pay last year, 2015 has excitedly been dubbed “The Year of Mobile Payments.” Yet what most people don’t realise is that these services are… Read More

  • India’s Restaurant Search App Zomato Raises $50M At $1B+ Valuation, Buys MaplePOS

    India’s Restaurant Search App Zomato Raises $50M At $1B+ Valuation, Buys MaplePOS

    Time to loosen Zomato‘s belt: the Indian startup whose restaurant search app is now used in 22 countries is growing some more. The company has raised $50 million more in funding, and it has made its first acquisition of a product outside of the restaurant search space: it has bought payments platform MaplePOS. The funding values the startup at over $1 billion, a source close to the… Read More

  • Stripe’s New Product Helps Marketplaces Go Global More Quickly

    Stripe’s New Product Helps Marketplaces Go Global More Quickly

    Payments company Stripe is today unveiling a new product designed to help marketplaces like Lyft or Kickstarter scale internationally, by offering a suite of tools that allow businesses like these to accept payments from anywhere in the world, and then ensure sellers and service providers get paid. Called Stripe Connect, the product will help speed up the time it takes a marketplace to expand in… Read More

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