Venmo, the digital money transfer service owned by PayPal, suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year. The Wall Street Journal, citing internal documents it reviewed,...
Half of India’s ATMs may be shuttered in the next few months amid high compliance costs. Will that open the door even wider for digital payments? The jockeying among heavyweights, from Paytm to Facebook, will only intensify, as will government scrutiny.
In Sweden, the move to a cashless society has been marked by a quickened pace. Might there be speed bumps ahead, though? The New York Times said cash is being left by the wayside, in favor of digital payments, so quickly that the government is reportedly...
Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s financial services arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
These days, it’s hard to even think of a restaurant operating without some massive presence in digital — not only an attractive website, but online delivery (either done in-house or via a third-party provider) and mobile tools, such as order-ahead and loyalty programs. Even long-standing, relatively fancy...
Shopify announced late last week that it is adding Venmo as a checkout option for its Shopify Merchants that use PayPal checkout. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The third quarter proved more than kind to peer-to-peer (P2P) payments, at least according to financial results for the two main competitors, Zelle and Venmo, which continue to duke it out for market share and consumer loyalty — and doing so as another big digital...
As the benefits of bringing more digital power to medical billing become clearer, there are other issues and concerns rising that underscore just what a massive — and vital — task it will be to move one of the most important sectors of the payments...
An app designed to speed up the remittance process, designed via Visa APIs, has taken a top honor at Money20/20 in Las Vegas. The win comes as instant payments and expanded remittance options gain more prominence in the world of payments and commerce. Get the Full Story Complete...
