To enable payments through its app and prepaid Mastercard, STACK has tapped i2c as its payments processor. The move will help STACK build and scale its personalized payments functionality, i2c said in an announcement. By using i2c’s payments processing platform, STACK will allow its members...
A new startup is taking aim at PayPal. This time, it’s French startup Lydia, which recently raised a $16.1 million round (€13 million). According to TechCrunch, the round was led by CNP Assurances, with existing investors XAnge, New Alpha AM, ODDO BHF and Groupe Duval...
Chinese tourists looking for a coffee fix in South Korea are in luck, as more than 1,000 Starbucks locations across the country now accept Alipay. Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. The recent...
When Starbucks announced its earnings miss last week, there were several critical takeaways. By far the most popular was that Americans en masse had taken a hard pass on the Chestnut Praline Chai Tea Latte offered this holiday season. “Holiday [limited time offers] and merchandise did not resonate with...
PayPal’s “Global Freelancer Insights Report” found that mobile is an important tool for freelancers, while security is also top of mind. In a corporate blog post detailing the results, PayPal said mobile payments, mobile apps and mobile communication are important tools for freelancers, with those surveyed...
Mobile traffic and mobile orders hit new highs during the fourth quarter, based on Salesforce’s fourth-quarter shopping index. According to a report in Footwear News, during the last three months of 2017, mobile traffic hit a high of 60 percent, while mobile orders reached 39...
China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia. According to PocketNow, the companies’ partnership will bring the mobile payment platform first to Russia, followed by other “belt and road” economic regions, which is most of Eurasia. UnionPay bank cards are...
The central bank in China is clamping down on mobile payments made via a barcode and scanning devices, a move that could negatively impact Ant Financial, the financial services affiliate of Alibaba and Tencent, the Chinese rival. According to a report in Financial Times, regulators...
Kroger announced news on Tuesday (Dec. 12) that it has inked a deal with Chase Pay to offer customers mobile payment capabilities next year. In a press release, Kroger said that integration with Chase Pay, the mobile wallet from JPMorgan Chase, will roll out in select...