Alipay, the leading Chinese payment processor, agreed to a deal with Limonetik, a leading European payments processor, that will enable European merchants access to Chinese consumers via online payments, according to a press release sent to The Paypers on Feb. 16. The deal enables Limonetik’s “one...
Stuck on a dusty road miles from the nearest town because the car’s got a flat-tire? Usually that means whipping out the AAA membership card and calling for a tow truck, but one company, Urgent.ly, is trying to make that easier by using GPS technology...
Apple’s attempts to bring Apple Pay to China have hit a few bumps in the road. 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...
ApplePie Capital, one of the newer players in the marketplace lending space reported last week (Feb. 11) that its loan demand topped $25 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
According to new research released by the Aite Group, 59 percent of U.S POS locations will be chip compatible by the end of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It’s the week of breakups for American Express, which announced Friday (Feb. 13) its deal with JetBlue would be ending. This comes just a day after AmEx announced it would be ending its co-branded credit card with Costco on March 31, 2016. Get the Full...
American Express CEO Kenneth Chenault announced last week (Feb. 12) that the company couldn’t find an agreement that “made economic sense” to move forward with its co-branded card with Costco, so the two companies will sever ties comes March 31, 2016. Get the Full Story...
Apple Pay is joining EMV chip-and-PIN as a standard for roughly 9 million Federal payment cards, including debit-card accounts used for distributing Social Security and Veterans benefits, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Attorney General of Pennsylvania announced Feb. 12 that state residents who took out payday loans from Delaware-based Advance America can have their outstanding loans forgiven as well as refunds on a $149.95 “monthly participation fee” that the state alleges was a way to get...
