McDonald’s is looking to make more money for its franchisees by renegotiating the terms of its exclusive delivery deal with Uber Eats, Bloomberg reported. The two companies recently met to lower the fees paid to the delivery giant. The terms will include “significantly reduced commission...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes India-based EnKash’s Series A fundraising round. Grab and SM Cinema are teaming up for movie ticket payments in the Philippines, Vietnam has reportedly notched strong mobile payments growth, and nearly...
Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote financial inclusion in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Zipline, the UAV maker and logistics services provider, is live in Ghana as of Wednesday (April 24) launching a program to deliver medical supplies via drones. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mastercard and BMO Bank of Montreal announced Wednesday (April 24) that BMO is implementing Mastercard Send in an effort to deliver faster, cheaper and transparent international payment services in Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Masthaven, the U.K. specialist bank, and Värde Partners, a global alternative investment firm, announced Wednesday (April 24) the completion of the strategic £60 million equity investment by Värde Partners in Masthaven. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Selina, the hospitality startup, announced Wednesday (April 24) that it raised $100 million in a round of funding. 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...
In a deal that connects Ford with an electric vehicle startup, the automaker is investing $500 million in Rivian Automotive Inc. The company, which is the second-biggest automaker in the country and produces the F-Series pickup line, is also creating a partnership with the upstart electric...
Entrepreneurs are founding coffee startups to connect consumers with instant brews through the help of subscriptions and one-time purchases. Nate Kaiser started Swift Cup Coffee “to help make great coffees a little bit more accessible,” he told PYMNTS in an interview. Get the Full Story...