Indian financial firm Paytm will intensify efforts to become a major player in one of the world’s biggest payments markets, according to reports on Wednesday, Jan 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Caixin Global reports that Chinese mobile transaction company Tencent has decided to combine part of its authentication software with government-owned rival UnionPay. This collaboration will expand UnionPay’s market penetration and further a Chinese government initiative for same-sector partnership. Get the Full Story Complete the form...
Mobile wallets are on the march, so to speak, and what happens with them in their next phase of development — in 2020 and beyond — will say much about what happens to broader areas of payments. Get the Full Story Complete the form to...
Parking meters in New York City won’t take credit cards because they weren’t programmed to get card payments after Jan. 1, 2020, according to a report by the New York Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Past is prologue. For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Here are the 2019 payment trends...
Curve, a banking app that consolidates all of a person’s bank cards into one card and app, is launching a new feature that will allow for person-to-person (P2P) payments, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this...
China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With the ongoing decline of checks, the growth of payments by debit and credit cards continued to speed up from 2015 to 2018, per Federal Reserve U.S. non-cash payments data. The 2019 Federal Reserve Payments Study found that the core non-cash payments growth rate arrived...
PayPal and Citi have grown their partnership to allow institutional clients of Citi to make payments into their customers’ PayPal digital wallets, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
