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...
Recently made public company and GrubHub rival Just Eat announced this week that they had bought out Mexican online take-out service SinDelantal.mx, adding it to the Spanish SinDelantal it had bought three years ago as Latin America increasingly becomes a battleground for online food delivery....
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...
Europe’s answer to Square, iZettle, is introducing its new Card Reader Lite, which is reportedly the world’s first free-of-charge Chip and PIN reader. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Emerging Chinese smartphone maker Xiaomi has announced it will be opening its online store, Mi.com, in the United States, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Most of the fallout in China may have settled from Alibaba’s fight with a Chinese regulator over fake merchandise sold through the e-commerce giant’s online marketplaces. But now Alibaba faces potential problems from another direction: the U.S. Securities and Exchange Commission, The New York Times...
Despite a fierce rivalry in all other areas, Chinese mobile payment giants Alibaba and Tencent have agreed to a rare truce in the taxicab industry, according to The Wall Street Journal, as the companies look to focus their energies — and their cash — in areas where...
Mozido is on a roll. 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 agree to receive...
Over 100 banks worldwide have been hit in a cyberheist that Russian cybersecurity firm Kaspersky Lab estimates could have netted as much as $900 million in stolen funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
