International

International
PayPal Here Expands mPOS in Australia
April 04, 2014

In the coming month Australian small business will have a chance to accept credit card payments more easily, thanks to an assist from PayPal.  The company will be rolling out PayPal Here, a service that offer merchants an approximately smart-phone sized blue tooth card reader...

B2B Payments
Friday Factoids
April 04, 2014

There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...

International
Jack Ma-Owned Zhejiang Finance Credit Network Technology To Buy Stake in Hundsun
April 03, 2014

Zhejiang Finance Credit Network Technology, a Jack Ma-owned company, has made a 3.3 billion yuan (US$532 million) deal for a more than 20 percent stake in Chinese financial-software developer Hundsun. Ma is also the executive chairman of Alibaba Group Holding Ltd, the Chinese e-retail giant. Mr....

Europe
Weve To Launch mPay Service
April 03, 2014

British mCommerce company Weve will officially be stepping in to the mPay ring over the next year. According to statements made by company CEO David Sear, the new service will allow consumers to pay for good and services by tapping their phones. He further noted...

Europe
LinkedIn Co-Founder Searching For Break-Out European Start-Up
April 03, 2014

LinkedIn Co-Founder Konstantin Guericke knows something about finding talent, since he co-founded the Internets most well known place to look for it – LinkedIn.  The German-born Silcon Valley giant is now returning to the continent of his birth to embark on a different, and much...

Europe
$2.44 Billion Valuation For Just East IPO
April 03, 2014

Just East, which operates mobile app and websites to allow users to order food from local restaurants online, priced its initial public offering at 260 pence a share, giving it a market capitalization of $2.44 billion (£1.47 billion). The offer is expected to raise gross...

Have Canadians Lost Their Love For Debit?
April 02, 2014

Canadians aren’t so beholden to their debit cards as once was believed. In fact, debit isn’t their preferred form of payment in any of the eight merchant categories TSYS asked about in a recent consumer study, the results of which were released earlier today. In...

China’s Bitcoin Crackdown
April 02, 2014

After much speculation that it was coming, China’s Central Bank has ordered commercial banks and payment companies nationally to close bitcoin-trading accounts in two weeks. “There will definitely be a negative impact to the exchanges,” said Bobby Lee, chief executive of Shanghai-based BTC China, the most...

International
Digital River Offers A Sneak Peek At Mobile eCommerce Trends
April 02, 2014

In 2013, Digital River processed more than $30 billion online transactions, giving the company insights into payment and consumer behavior trends and the ability to act quickly on them. The company is hosting an online webinar “The Mobile Age, the Impact in Emerging Markets” to...