Apple Pay’s U.S. business model is based on issuers giving it a rebate on the fees they collect from merchants. But what happens when those fees are really low and headed lower? That’s Apple’s issue in Europe as it looks across the pond to find...
Home rental firm Airbnb is now accepting Alipay, the huge Chinese Internet payment offering, on its site, reports ReCode. 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...
Former PayPal founder Max Levchin launched his credit alternative in 2013 but little has been heard from him since then. Here’s a look at what Affirm is doing and how it’s able to extend credit successfully to people who’d never pass anyone else’s filter. Get...
When versions of iOS 8.1 were released Monday (Sept. 29), they included hidden settings for Apple Pay, according to a report in MacRumors. Given that Apple Pay has been announced, the existence of the settings is not surprising. It’s also not surprising that the settings...
A Harris poll has found that barely 5 percent of adult shoppers (they didn’t examine younger than 18-year-old behavior) have made a purchase on social networks. This is the context of Twitter preparing a major push for social shopping via its Buy Button. Get the...
What has paralyzed progress in the U.S. on the global standard for financial messaging, ISO 20022? In a word: risk. Across Europe, 20 financial organizations have already gone live with payments messaging services that meet the standard, thanks largely to the E.U.’s Single Euro Payments...
What has paralyzed progress in the U.S. on the global standard for financial messaging, ISO 20022? In a word: risk. Across Europe, 20 financial organizations have already gone live with payments messaging services that meet the standard, thanks largely to the E.U.’s Single Euro Payments...
Among the lingering side-effects of the financial meltdown has been a seemingly permanent shift in the consumer credit market and a customer base that is slightly more hesitant around credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Since the unveiling of Apple Pay, the entire focus of payments has focused on what Act II will look like, give Act I’s very exciting conclusion. . Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
