payments

Berkshire Hathaway reportedly agrees to buy stake in One97, owner of Paytm

Berkshire Hathaway has reportedly agreed to buy a stake in One97, the owner of India’s largest digital payments service Paytm . This would mark the first time the investment firm has invested in an

PayPal revamps its app to remove clutter, add more personalization

PayPal is revamping its mobile app. Again. In an effort to keep pace with newcomers like the bank-owned Zelle, PayPal says its new app will focus on making it easier to use its core features – t

Apple Pay is finally coming to CVS and 7-Eleven, and will soon expand to Germany

Longtime Apple Pay holdout CVS will finally be adding support for Apple’s mobile payments platform this fall, along with 7-Eleven, Apple CEO Tim Cook said this afternoon on the company’s e

Apple Pay to account for 1 in 2 contactless mobile wallet users by 2020

The number of mobile payments users who tap to pay using a contactless payment solution provided by their mobile device’s maker will grow to 450 million people worldwide by 2020, according to a

Chat app Line gets serious about gaming with its latest acquisition

Line, the company best-known for its popular Asian messaging app, is doubling down on games after it acquired a controlling stake in Korean studio NextFloor for an undisclosed amount. NextFloor, which

Ebay to add support for Apple Pay, partners with Square Capital on seller financing

Ebay announced this morning it will begin accepting Apple Pay on its marketplace starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay&#82

Venmo officially launches its own MasterCard-branded debit card

Venmo today is officially introducing its own debit card in partnership with MasterCard, following beta tests of a Visa-branded debit card last year. The new card will allow Venmo users to pay anywher

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

London’s street performers are embracing cashless payments

The drive to digitize payments in the UK is modernizing income for London’s famous street performers. Thanks to a new development backed by London mayor Sadiq Khan, buskers — aka street pe

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

Stripe debuts Radar anti-fraud AI tools for big businesses, says it has halted $4B in fraud to date

Cybersecurity continues to be a growing focus and problem in the digital world, and now Stripe is launching a new paid product that it hopes will help its customers better battle one of the bigger sid

Braintree launches Extend to integrate loyalty, fraud prevention and other services into payments

Braintree, the division of PayPal that provides payment services to e-commerce and other online businesses, is making its latest move to help raise its game against competitors like Stripe. It is laun

Capital One’s shopping assistant Eno can now dole out virtual card numbers in the browser

Capital One today officially introduced a new way to use its virtual card numbers from a web browser, in order to make shopping online safer. Virtual card numbers, of course, aren’t new –

Google is bringing messaging to its Tez payment app in India

Messaging and payments continue to converge in India after Google added chat features to its Tez payment app in India. The move follows the introduction of peer-to-peer payments inside WhatsApp in Ind

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

YapStone is raising $100M to take on PayPal, Stripe in marketplace payments, nabs $71M so far

While a part of the fintech world remains abuzz with crypo-talk, a startup that’s built a business around the more traditional world of payments has raised a significant round of funding as it v

WhatsApp has launched person-to-person payments into beta in India

WhatsApp has begun testing a new payments feature in India that will allow people to send money to other WhatsApp users, excluding merchant accounts. The feature is currently in beta, according to sou

Stripe will establish an engineering hub in Dublin

Stripe will open its first engineering center outside the United States in Dublin, the company told Reuters today. Dublin isn’t a surprising choice. Though the online payment processing provider is
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