Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest potential use for the Apple Watch, and Google’s own smartwatch move. Amazon has new SMB sales figures, PayPal offers interest-free advances and Volvo might have a subscription problem.
Apple, Johnson & Johnson Eye Preventative Healthcare
A study is focusing on the latest version of the Apple Watch and whether it can detect atrial fibrillation (AFib), which is a leading cause of strokes.
Google Buys Fossil Smartwatch Tech for $40M
In recent years, smartwatches have become Fossil’s fastest growing category — it launched smartwatches across 14 of its owned and licensed brands.
More Than 50K Amazon SMB Sellers Tally $500K+ in 2018 Sales
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SMBs that passed $1 million in sales grew by 20 percent last year as well, and almost 200,000 stores passed $100,000 in sales. The sellers come from every state in the U.S. and more than 130 countries.
PayPal Offers Interest-Free Cash Advances to Federal Employees
PayPal has committed to fund up to $25 million in the advances in order to assist these workers to pay for gas, food and other necessities.
Auto Dealers in California Seek to Halt Volvo Subscriptions
Volvo is not the only company that offers a subscription for luxury cars.
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