Alibaba Executive Chairman Jack Ma said Tuesday (Nov. 11) that his Alipay payments unit “will definitely go public,” according to a report from Reuters covering Ma’s interview with an official state broadcaster. Alipay was not part of the massive IPO that Alibaba just completed. Get...
PayPal will cut off support for aging security protocol SSL 3.0 on Dec. 3, and that may cause problems for some of its merchants, the online payments giant announced on Monday (Nov. 10). Get the Full Story Complete the form to unlock this article and...
PayPal is jumping onto the cash-based electronic payments business trend in Russia, The Moscow Times reported. 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,...
Powa Technologies has snagged a new $80 infusion courtesy of Wellington Management as it prepares to launch in the U.S. This comes on top of $76 million Wellington dropped into the mobile payments and e-commerce firm in 2013 Get the Full Story Complete the form...
There are three things that I think we’d all agree are irrefutable outcomes of the launch of Apple Pay. 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...
North American Bancard announced the launch of PayAnywhere 3.0, the newest version of its point-of-sale solution, at Money 20/20 in Las Vegas, according to a company release.
As U.S. retailers prep for the Black Friday shopping rush, Alibaba has hit another record-breaking single-day sales record. 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...
Fewer than six months after it pulled in $1.2 billion in funding, Uber is asking investors for “at least” an additional $1 billion in new equity, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article...
Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years. The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...