News

Mobile Commerce
UK PayPal Expands Protection Plan
June 17, 2014

In a move to perhaps curb illegal online downloads, PayPal UK announced earlier this week that it is extending its buyer protection to cover services, digital goods, travel tickets and “other intangible items,” reported a recent Gizmodo post. Get the Full Story Complete the form...

B2B Payments
WEX Bolsters Health-Payments Strategy With Evolution1 Acquisition
June 17, 2014

Many businesses are working to find a comprehensive solution to the health care payments system, ensuring that all parties are satisfied and given payment options that suit their needs. Yesterday, WEX, Inc. took a major step forward in accomplishing that goal with a key acquisition.

Alternative Finances
InstaCart Raises $44 Million To Buy More Groceries
June 17, 2014

One of a rapid proliferation of services looking to cash in on the customers desires to never go to a store again and also receive deliveries on the same day, InstaCart received a $44 million dollar boost in the form of a funding infusion in...

International
China UnionPay and the Australia Post’s New Partnership
June 17, 2014

China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...

International
New Report from Bank of Mexico
June 16, 2014

Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...

International
East African ATM Integrated Networks
June 16, 2014

The national shared payments systems of Kenya (Kenswitch), Tanzania (Umoja Switch), Uganda (Interswitch) and Rwanda (R-Switch) have integrated their ATM networks. The integration will facilitate operability within the East African countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Hmmm
What You Need To Know About myRA
June 16, 2014

When it comes to saving for retirement, millions of Americans do not have a plan. And the Treasury Department wants to do something about that. In this latest edition of PYMNTS Voice of the Treasury Series, Assistant Secretary Richard Gregg explains how the government’s myRA...

News
How To Make Mobile Payments Sans Internet
June 16, 2014

Making mobile payments using an internet connection would soon be a thing of past with Edgepay POS terminals leveraging recently developed NearBytes technology that operates on encrypted sound. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Democrats to SEC: Restore Payments Disclosure Rule
June 16, 2014

Last week, 58 House Democrats told the U.S. Securities and Exchange Commission that it was critical for the organization to reinstate a rule that requires full disclosures from energy and mining companies on the payments they make to foreign governments. Get the Full Story Complete...