mobile payments

Venmo is discontinuing web support for payments and more

PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo .c

Zelle forecast to overtake Venmo this year

Despite some concerns over its adoption by scammers, new payment service Zelle is shaping up to overtake rival Venmo this year, according to a new forecast from eMarketer. The firm expects Zelle to gr

PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine La

Starbucks’s mobile payment service is slightly outpacing Apple’s

People really love getting their coffee more quickly. Starbucks, which has operated its own mobile payments service since 2011, is the market leader in terms of mobile payments users, beating out Appl

Google Pay’s app adds boarding passes, tickets, p2p payments and more

Google Pay got a big upgrade at Google I/O this week. At a breakout session, Google announced a series of changes to its payments platform, recently rebranded from Android Pay, including support for p

MobileCoin, a cryptocurrency advised by the creator of Signal, just raised $30M for mobile payments

A new privacy-centric cryptocurrency project with some big names on board just raised a round worth noting. On Tuesday, the team at MobileCoin announced that Binance Labs, the major blockchain incubat

Say goodbye to Android Pay and hello to Google Pay

As we reported last month, Google is uniting all of its different payment tools under the Google Pay brand. On Android, however, the Android Pay app stuck with its existing brand. That’s chang

Zelle users are finding out the hard way there’s no fraud protection

Scammers have taken to Zelle, the Venmo alternative backed by U.S. banks, to defraud consumers who believe the service includes the same protections they’ve come to expect from PayPal. A number

WeTravel builds a payment platform for small travel businesses

WeTravel wants to be the payment platform for small travel companies and group trips. Founded by three immigrant entrepreneurs who met at University of California, Berkeley, the company has just close

New credit card skimmer worked in plain sight at Aldi stores

Police in Lower Pottsgrove, Pennsylvania have spotted a group of thieves who are placing completely camouflaged skimmers on top of credit card terminals in Aldi stores. The skimmers, which the gang pl

Commerce platform iZettle raises $47M at a $950M valuation

iZettle — the commerce platform based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related

French peer-to-peer payment app Lydia adds Apple Pay support

A peer-to-peer payment app that works similarly to Venmo from startup Lydia in France now works with Apple Pay (a feature originally announced in July), making it possible to spend your balance from t

Target launches its own mobile payments system with debut of ‘Wallet’

As promised earlier, Target today launched its own mobile payments system with the introduction of “Wallet” in the Target app. Wallet, as the name implies, allows Target shoppers in-store

Carrier billing startup Boku to raise £45M in London IPO November 20

Boku, the startup that partners with Apple in its rollout of carrier billing for the App Store, expects to raise £45 million ($60 million) on a post-money valuation of £125 million ($164 million) wh

Apple Pay Cash launches in beta today, letting you send and receive cash in Messages

Apple is soft-launching direct, person-to-person payments in an iMessage today with the Apple Pay Cash beta. The feature, which was announced earlier this year, allows you to send and receive cash ins

Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $

Over 5,000 Wells Fargo ATMs now support card-free access via Apple Pay and other mobile wallets

Wells Fargo’s ATMs are getting an upgrade. The bank announced today that more than 40 percent – or over 5,000 of its ATMs – will now allow customers to perform transactions without h

iZettle raises $36M from Europe, earmarked for AI and other new tech

iZettle, the startup based out of Sweden that competes against the likes of Square and PayPal to provide card transaction services from smartphones and tablets, is adding a little more money to its co

Apple’s iMessage-based mobile payments service won’t be arriving tomorrow in iOS 11

Apple’s upcoming iMessage-based mobile payments service, powered by Apple Pay, won’t arrive tomorrow with the release of the new operating system for Apple’s mobile devices, iOS 11.

Google debuts Tez, a mobile payments app for India that uses Audio QR to transfer money

After several weeks of speculation and leaked details, today Google officially unveiled its first big foray into mobile payments in Asia. The Android and search giant has launched Tez, a free mobile w
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