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

Google is reportedly releasing a localized mobile payment service in India

Google is increasing its focus on India with plans to introduce a localized digital payment service as soon as next week, according to a report from India-based news site The Ken. The publication clai

Zelle, the U.S. banks’ Venmo rival, will launch its mobile app next week

Zelle, the PayPal rival backed by more than 30 U.S. banks, is preparing to launch its standalone mobile app on Tuesday, September 12th. The move is meant to give the U.S. banking industry a foothold i

PayPal launches its first cash back credit card to boost PayPal usage in stores

PayPal is today launching a new credit card, the PayPal Cashback MasterCard – its first card to offer shoppers direct cash back on purchases, instead of points that vary by category. The card, i

Venmo rolls out QR codes for user profiles in its mobile app

Venmo today rolled out a feature designed to make it easier to find friends within its mobile payments app, so you can add them to your connections list or get paid yourself. The feature, found under

You can now use PayPal through Skype’s mobile app

The PayPal partnerships keep coming. The still growing payments giant today announced a new deal with Skype that will allow users in 22 countries worldwide to send money to other Skype users through a

Net30 wants to fix the construction industry’s payments problem

The invoicing and payments process in the commercial construction industry is broken. It takes a median of about 70 days to get paid, which means contractors are often stuck without enough working cap

Fintech startup Klarna taps Permira for around $250M at $2.5B valuation

Klarna, the Swedish startup that works with e-commerce businesses and retailers to provide financing and other payment services, today announced that it has picked up yet another large investment, its

PayPal expands partnerships with Citi and Chase to include reward points and more

PayPal today announced an expanded partnership with two of the largest bank issuers, Chase and Citibank. The agreements include a number of increased integrations between the companies, including easi

Amazon Pay Places lets you pay for real-world shopping using your Amazon info, starting with TGI Fridays orders

Amazon is today introducing a new feature called Amazon Pay Places, that allows customers to pay for in-store and order ahead shopping experiences using their Amazon app. That is, instead of using cas

PayPal to become a payment option in Samsung Pay, including in-app, online and in-store

Samsung users will be able to choose PayPal as their preferred method of payment in-app, online and in retail stores through the Samsung Pay mobile payments platform, the companies announced today. Th

PayPal expands Apple integration, will become a payment option in 11 new markets

PayPal announced an expanded partnership with Apple, which will now see the payment method becoming available as an option on iOS devices, in addition to being available in more markets. Before today,

Worldpay, valued at $10B, confirms JPMorgan and Vantiv are trying to buy it

Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes agai

Instant bank transfers are coming to PayPal and Venmo

PayPal announced this morning a plan to speed up money transfers between its service, Venmo and users’ bank accounts for those with supported MasterCard and Visa debit cards. This new “ins

Amazon launches Prime Reload, offering 2% back on purchases funded through debit cards

Amazon today is launching a new perk for Prime members that will give them cash back on purchases – even if they’re not paying for items using an Amazon cashback credit card. Through a new

Android Pay now used for international P2P transfers, courtesy of WorldRemit

AndroidPay, Google’s wallet for Android devices, is getting a boost in its global profile and functionality today: WorldRemit, the $500 million remittance startup connected to around 120 million

Zelle, the real-time Venmo competitor backed by over 30 U.S. banks, arrives this month

The U.S. banking industry’s answer to Venmo has now arrived. Starting this month, a new, person-to-person payments network called Zelle will roll out to the over 86 million mobile banking custom

Target and Cartwheel apps to merge starting this summer, mobile payments and improved maps to follow

Target’s mobile app strategy will undergo a significant change, starting this summer. The retailer announced this week it will soon combine the functionality of its Cartwheel savings app with it

The iPhone’s camera app can now read QR codes

Remember when QR codes were the next big thing? In the U.S. you used to be able to find them on billboards, business cards — you name it. They were supposed to change the way we use our devices.
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