Paytm has launched a service that turns an Android cellphone into a point-of-service (POS) terminal, the company said in a blog post. The move comes as companies battle it out in India over the growing number of consumers using digital channels for financial transactions and...
Snapcommerce, the message-driven mobile commerce platform for the price-conscious, has come off a funding round with $85 million, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Bharti Airtel, which provides telecommunications services, is teaming up with Qualcomm, a chipmaker and wireless tech company, to accelerate the pace of the 5G rollout in India. The companies said the partnership’s activities would “create new opportunities for small and medium-sized businesses to become viable...
ByteDance has launched a mobile payments service for Douyin, the Chinese version of the popular short-video app TikTok, Reuters reported on Tuesday (Jan. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom and the operator of the mobile wallet GCash, has landed $175 million in additional venture funding. In a press release, Globe Fintech, known as Mynt, said Bow Wave Capital Management and other existing...
Mastercard is testing a cloud-based setup that will “enable contactless payments acceptance via a mobile phone.” This Cloud Tap on Phone will mean that “any business – regardless of size – can deliver new and best-in-class contactless consumer experiences using a device they already own:...
FriendShip Kitchen, an Ohio-based chain of convenience restaurants, has become the first U.S. retailer to be certified as Safe Shop Assured by implementing contactless pickup using Paytronix’s guest engagement platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Verishop is integrating with iOS to enable users to hold video chats while also exploring places to shop, the company announced in a press release Tuesday (Dec 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...