News

Cross Border Commerce
Ripple Says the Global Economy Needs a Global Payment Scheme
September 29, 2023

Transforming the world takes time, even when innovations aim at just one part of it. 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,...

eCommerce
Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
September 29, 2023

The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm Airwallex, as international merchants grapple with outdated payments infrastructure and solutions that no longer meets their needs. Get the Full...

Delivery
New York Court Rules Food Delivery Platforms Must Pay Minimum Wage
September 28, 2023

The New York State Supreme Court has reportedly ruled that Uber Technologies, DoorDash and Grubhub must pay their food delivery couriers a minimum of $17.96 per hour. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
ABHI Partners With Visa and YellowPepper on A2A Payments
September 28, 2023

Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). 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...

International
Report: China Evergrande Chair Detained for Unspecified Crimes
September 28, 2023

China’s largest property development company has halted trading after its chairman was reportedly detained. 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...

B2B Payments
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as virtual cards, in the business-to-business (B2B) payment landscape. Get the Full Story Complete the form to unlock this article and...

Investments
Breezit Raises $2 Million to Bring AI to Wedding Planning
September 28, 2023

Breezit has raised $2 million to help couples use artificial intelligence to plan their nuptials. 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...

Social Commerce
New Indonesian eCommerce Rules Hinder TikTok’s Expansion Goals
September 28, 2023

TikTok’s plan to invest heavily in Indonesian eCommerce is apparently hitting a roadblock. 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 Today. By...

eCommerce
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023

Much like their American counterparts, consumers in Poland are trading down. 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 Today. By completing...