The Coinbase app now enables users to send the company’s stablecoin, USDC, to any recipient’s phone number, email, wallet address, Ethereum Name Service (ENS) or paylink. These peer-to-peer payments can be done instantly, anywhere in the world, with no limits and no fees, the company...
Picture this: a late-night delivery worker tapping a button on their phone at the end of their shift to cash out instantly. Easy to picture, right? It’s a familiar scene, one that plays out millions of times a week. But what is happening is this:...
Citi has integrated its cross-border payments solution with Dandelion’s digital wallet network. The collaboration, announced Thursday (Sept. 25), lets Citi’s institutional clients use the bank’s WorldLink Payment Services to deliver “near-instant, full-value payments” into digital wallets across the world, with “near 24/7 availability.” According to a news release,...
The Saudi Central Bank (SAMA) has launched Google Pay through the national payment system, mada, in Saudi Arabia. Google Pay enables users to provision and manage their mada cards and credit cards within Google Wallet, SAMA said in a Monday (Sept. 15) press release. “The...
A trio of Asia-based payment providers have teamed to help bolster cross-border digital wallet transactions. The Digital Wallet Guardian Partnership, announced Thursday (Sept. 11), comes as digital wallets grow in popularity with consumers in Asia and around the globe. With this partnership, tech giant Ant International will join forces...
Watch more: NMI’s New CEO Says AI Will Decide Who Wins in Embedded Payments Payments are becoming submerged into everyday life, almost invisible to the end consumer. From ride-hailing apps to software platforms that handle transactions in the background, embedded payments have moved from a...
When it comes to connected technology, consumers don’t move in lockstep. Instead, they fall into three distinct camps that reveal not only what devices they own, but how they live, shop and pay. The PYMNTS Intelligence report “How People Pay: Consumer Preference for Connected Technology”...
Chase is encouraging its customers who receive paper checks from the government to enroll in direct deposit as the U.S. Treasury’s Sept. 30 deadline for the phaseout of paper checks for most federal payments nears. In a Wednesday (Aug. 27) press release, the bank suggests...
Web3 money app Wirex now supports near real-time settlements using Circle’s euro-backed stablecoin, EURC. This capability is enabled by Visa’s stablecoin settlement pilot, with which Wirex is now live after completing a testing phase, the companies said in a Wednesday (Aug. 13) press release. With the integration of...