Ipagoo, an online-only service that lets Euro-zone customers create virtual bank accounts throughout Europe, is set to launch on Friday (Feb. 6), the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Online shoppers in China are shifting to mobile, and that’s going to push retail e-commerce spending there past the $1 trillion mark in 2019, up from $307 billion in 2013, according to a new Forrester report. Get the Full Story Complete the form to unlock...
Alibaba is testing product deliveries by drone this week — but not in a format that would be practical as a regular delivery service, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
MasterCard has opened its largest Tech Hub outside of the U.S. in Pune, India, and plans to roll out its mobile payments system in April, the card brand said on Wednesday (Feb. 4). Get the Full Story Complete the form to unlock this article and...
Western Union already has a foothold in China — the money transfer company’s services are available at 20,000 locations there — but it’s about to get a lot bigger. On Wednesday (Feb. 4) the company went live in a deal with the Bank of China...
In a story last week, PYMNTS reported that Chinese merchants were cooling to PayPal after the U.S. based payments company froze or, in some cases, deducted funds from local accounts in response to an order from a U.S. judge. Get the Full Story Complete the...
Last month, PayPal found itself with a new competitor in Latin American mobile wallet startup Yepex. Now, Yellow Pepper, the company that started that mobile wallet, got some extra funding that could heat up the competition even more. Get the Full Story Complete the form to unlock...
China has blasted past the half-billion mobile users mark. A report from the Beijing government’s China Internet Network Information Center (CNNIC) says the number of mobile Internet users climbed to 557 million as of December 2014, up 11.4 percent from the year before, TechCrunch reported....
Chinese online giants Alibaba and Tencent, who have gone toe-to-toe over everything from taxi rides to banking, appear to be escalating their battle once more, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
