Payments platform Stripe is relaunching its Stripe Connect service, a set of tools for managing more-complicated-than-usual scenarios that involve accepting credit and debit cards — such as making sure on-demand economy workers and crowdfunding campaigns get paid, the company announced on Monday (March 23). Get...
Optimal Payments and Skrill Group, two of the U.K.’s biggest digital wallet companies, are merging in a $1.2 billion deal that will create a combined company with $697 million in revenue, Reuters reported on Monday (March 23). Get the Full Story Complete the form to...
Almost one in six iPhone 6 and 6 Plus users have switched from Android phones, and more than a third of U.S. iPhone 6 owners are using Apple Pay, according to a Cowen & Company survey of 3,000 iPhone 6 users and prospective customers reported...
According to reports on kapron ASIA, it seems as though Apple and China Union Pay have finally struck a deal that had only existed in rumors until now, meaning that the Chinese version of Apple Pay could be set to roll in April. Get the...
A new startup called Razorpay is hoping to surf the tidal wave of eCommerce projects rocketing through India these days by making it easier for startups and major players to add payments to their services package. Get the Full Story Complete the form to unlock this...
When thinking about where the next platform for the global mall would be, most wouldn’t peg it to be in Nigeria. But with the advancement of eCommerce solutions in the country and the help of one business, that’s just the place where the online global...
Tencent, China’s second-largest Internet company, won’t be pushing international expansion of its WeChat social network for at least the next year, the South China Morning Port reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Despite pressure from politicians, the U.S. and its allies won’t push to expel Russia from the SWIFT global financial-messaging network, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While the Code of Hammurabi is best known for the “eye for an eye” proclamation, it also deserves credit for being the first recorded instance in history where money was formally recognized as a tool of civil society. While less eye-catching than the retributive justice part,...
