Flywire, the payment company for businesses and institutions, announced on Thursday (July 26) that it has raised $100M in new venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
NACHA — The Electronic Payments Association announced Wednesday (July 25) that debit and credit transactions totaled more than 5.7 billion in the second quarter of 2018, a 6.2 percent increase from the second quarter of last year. In a press release, NACHA said the percentage increase...
Snapchat is closing down Snapcash, its peer-to-peer payment space, on August 30. 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...
Global payments provider Hyperwallet announced today (July 17) that it is launching mass payment distribution for Wordapp.com, a content processing platform for online businesses looking to scale their content needs. Wordapp.com will utilize Hyperwallet’s development tools and widget integration to embed payout functionality directly into...
Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks to a new rule about handling customers funds. Get the Full Story Complete the form to unlock this article and...
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. Get...
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. Get...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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...
