The U.S. Supreme Court has decided it will not consider a challenge to Federal Reserve regulations on the swipe fees merchants are charged for processing debit transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Alibaba-backed Chinese group-discount website Meituan.com is now worth $7 billion after it received $700 million from unidentified investors, CEO Wang Xing told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It can be difficult for small businesses to cash in on the big push toward mobile payment processing, particularly with the new rules and regulations to abide to regarding fraudulent payments. But merchant service providers like VelcroPay are trying to be a liaison in the...
Arguably the world’s most popular cryptocurrency, bitcoin has attracted everyone from libertarian rebels, to wealthy investors seeing a potentially profitable asset in the making. Yet as a currency, bitcoin has had some problems with purchases and transactions being completed in a timely fashion owing to...
The Federal Reserve has historically not been enamored with bitcoin, which is understandable given how it’s billed as a competitor to the dollar in transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Russia wants in on the Cyber Monday hype. 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 completing this form, you...
Uber CEO Travis Kalanick said he wants to expand operations in Europe, creating 50,000 jobs there and taking 400,000 personal vehicles off the road, according to Re/code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
India’s largest private-sector bank will now let its customers use Twitter for real-time fund transfers, the Times of India reported on Monday (Jan. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Whole Foods is set to open seven new stores in the Chicago area that will each include in-store dining options and bars, in hopes that will give adult customers more reasons to visit, the Chicago Tribune reported. Get the Full Story Complete the form to...