The popularity of mobile commerce in Africa is a well-known — and ongoing — story. Now, global health experts are paying more attention to the prospect of using mobile payments, perhaps bundled with insurance services, to make it easier for people to get well. Africa...
Despite bitcoin’s fall, Square‘s mobile payment app, which launched crypto trading in late January, is surging. In fact, Square Cash is growing roughly three times faster than PayPal‘s Venmo, with nearly 2 million downloads per month in May and June, according to data from Instinet. “Square...
Google Pay is rolling out new features that, among other things, let users send and request money, through the merging of the Google Pay and Google Pay Send apps. In a blog post on Tuesday (July 10), Product Management Director Gerardo Capiel said that a...
BJ’s Wholesale Club has announced that members who shop on BJs.com will now be able to pay for their purchases with PayPal, PayPal Credit and PayPal One Touch. Through the partnership, members won’t have to input their card payment information when making a purchase on...
Fighting payments friction is more or less PayPal’s DNA. In its early days (a little less than two decades ago), PayPal solved the payments frictions associated with using checks to pay for purchases made on eBay. One Touch Checkout on mobile in 2014, and on...
Viva Republica, Korea’s FinTech startup and maker of financial services app Toss, announced Monday (June 18) it has completed a $40 million round of funding raising. In a press release, Viva Republica said the funding came from GIC and Sequoia China, and with it has...
If one thing is certain about the future, it’s that nothing can be certain – so it’s best to be prepared for everything. But when it comes to payments technology, that can be easier said than done. Jeff Zimmerman, COO at Clearent, says that embedding...
With the U.K. increasingly embracing mobile, a new study by Verifone found that 29 percent of the country’s small and medium businesses now give customers the option to pay using an app in the store. In a press release highlighting the results of the survey,...
The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United Kingdom and the Philippines. “Xoom customers can now enjoy even higher send limits with highly competitive exchange rates to conveniently...