Hungry Kiwis with bitcoins to burn are now in luck—there now exists in New Zealand a bitcoin only grocery story: Bitmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
MoneyGram users who wish to transfer money to Mexico can look forward to much faster processing times. The international money transfer and payment services company has announced a new U.S. – Mexico channel than can move money cross-border from user to user in just 30 minutes....
Three weeks into her tenure as Apple’s head of retail, Angela Ahrendts is outlining a three-part strategy for Apples retail future. It includes a stonger emphasis on China as a market, mobile payments, and revamping the end-to-end sales experience at brick-and-mortar Apple stores. Get the Full...
New HSBC service is designed to provide greater convenience and transparency in foreign cash management. An undisclosed German company’s Chinese subsidiary will deliver HSBC’s product to firms within the Shanghai Pilot Free Trade Zone.
Latin American countries are not usually thought of as payments technology, bellwethers. But, that all changed recently when the region surprised the world by being one of the first to mandate e-invoicing. Chile started the practice about a decade ago (albeit optional) and Brazil, Mexico...
Perhaps answering Chinese rival Alibaba’s participation in a $250 million funding round for ride-sharing service Lyfit, American e-commerce giant Amazon has proved that it an investment overseas too and reportedly paid $20 million for a minority stake in Yummy77, an online company that provides fresh food...
Going forward, merchants using the BlueSnap global payment gateway will have access to Avalara’s AvaTax capabilities. This will allow merchants to calculate the final tax amounts on international invoices from their existing workflow in an automated way. Get the Full Story Complete the form to...
The three current and two future member states of the East African Community (EAC) – Kenya, Uganda, Tanzania Burundi and Rwanda – have signed a memorandum of understanding on currency convertibility, reports Coast Week. Get the Full Story Complete the form to unlock this article and...
MasterCard has announced that it intends to purchase Pune-headquartered ElectraCard Services (ECS) from Opus Software. The terms of the deal have not yet been disclosed and the deal is expected to close sometime around the end of the second quarter of 2014. Get the Full Story...
