U.K.-based international payments firm Tuxedo Money Solutions announced in a Feb. 9 press release that it would be partnering up with Dubai-based Global Processing Solutions FZ in a global payment program partnership. The main focus of this partnership is to expand the Tuxedo brand to...
After four months of predictions, Apple Pay is actually hitting the stratosphere. Literally. Starting next week, passengers on some JetBlue Airways flights will be able to use Apple Pay to buy food and drinks once cruising altitude is reached. Users will also be able to...
The merchant checklist for taking on global commerce in many ways might appear never-ending. There are multiple languages, currencies, payment methods, regulations, compliance issues, the build versus buy discussion and much more that must be considered in the process. And in Europe specifically, simply signing...
MyCoin.hk, a bitcoin trading and investment site based out of Hong Kong, has reportedly lost $396.9 million (HK $3 billion) worth of its customers’ bitcoins and has fell into bankruptcy, CoinTelegraph reported Monday (Feb. 9). Get the Full Story Complete the form to unlock this...
Cloud platform mobile payments and retail engagement solutions provider Mozido announced today that it has acquired PayEase Corp., a Delaware technology and payments company. The acquisition will allow Mozido to introduce its products and solutions to China, and gain a cross-border payments gateway that "makes...
Despite all the pressure that brick-and-mortar retailers are feeling from online and mobile commerce, physical stores are still the primary place shoppers turn to buy things, according to an annual consumer survey by PwC. Get the Full Story Complete the form to unlock this article...
It may still be more than a week until Chinese New Year on Feb. 19, but China’s online war of the Red Envelopes is already well underway, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
German startup investment company Rocket Internet has added to its galaxy of food delivery partners by investing a 30-percent stake in take-out aggregator Delivery Hero, worth 496 million euros, Bloomberg reports. The investment means that the Berlin-based food company is now valued at over $2 billion...
In an effort to nurture the budding online commerce community of South Korea, PayPal announced that on Feb. 12, it will have a website and call center in the Korean language, according to Korea Joongang Daily. Get the Full Story Complete the form to unlock this...
