Deutsche Bahn, a German railway company, announced plans to abandon its mobile ticketing payment scheme, known as Touch&Travel, due to low adoption and the continuing use of paper tickets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
RadPad, a mobile payments app designed for landlords and renters, had to end a promotion it launched with Stripe and Android Pay after just two weeks due to an overwhelming number of people participating. Get the Full Story Complete the form to unlock this article...
Square’s transaction margins are slim, but not a cause for concern. For each transaction, Square receives 2.75 percent, but 0.15 percent of that is taken by Mastercard or Visa. A further 2 percent is taken from the bank that releases the funds, leaving Square only...
The race is on among entrepreneurs to grab a car, grab an app, grab a rider or two and launch a ridesharing company. No angel investors required. Economists predict competition among copycat Ubers and Lyfts that could upend the transportation industry.
Uber may still be in startup mode, but the company is facing larger company problems — this time, from its drivers in London. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The ridesharing industry is gearing up for real competition, marked as it is by more firms entering the arena, given its low barriers to entry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Will anyone be able to get food through an on-demand delivery app anytime soon? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Starting in January, Google will begin “dinging” websites that display full-screen ads when it comes to smartphone search, according to Internet Retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Ridesharing app Uber may be enjoying brisk business as it expands around the globe, but the company isn’t making money as a result. That’s according to a report by Bloomberg, which cited people familiar with the matter who heard comments from Uber’s head of finance, Gautam Gupta. Get...
