Payment Methods

Payment Methods
Uber Facilitated More Than $600M In Tips For Drivers
June 21, 2018

Uber, the ride-hailing company, has facilitated more than $600 million of payments in the form of tips to its drivers since it launched its in-app tipping service for drivers in 2017. According to a report, Uber had $50 million in tips in August, but that has grown...

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Singapore Launches PayNow To Reduce Cash, Checks
June 21, 2018

Singapore is launching a payments platform in an attempt to reduce the use of cash and checks as the country moves towards a digital economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Shake Shack Founders Stand By Cashless Move
June 20, 2018

Danny Meyer is defending his restaurant group’s decision to test out cashless transactions, saying they are not looking to exclude prospective guests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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WhatsApp’s Indian Payment Feature Boasts One Million Users
June 19, 2018

WhatsApp, the Facebook-owned messaging app that counts more than 200 million monthly users, has launched a payments feature in India during the past several months which now has around a million users. Get the Full Story Complete the form to unlock this article and enjoy...

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Venmo To Phase Out Web Support
June 18, 2018

Venmo, the peer-to-peer payment app owned by PayPal, is gearing up to discontinue web support for its payment service. TechCrunch, citing an email to users, reported that the Venmo.com website will phase out support for payments, and eventually there will be even less functionality on...

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The Payments Bucket List (No, It’s Not What You Think)
June 18, 2018

We compartmentalize our daily lives, separating goals and task into manageable “buckets” of thought and actions.  Why should payments be any different?  In the latest Topic TBD, Kelley Knutson, president of Netspend, notes that consumers are discovering new ways to discover what they want to...

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Zelle Projected To Grow More Than 73 Percent In 2018
June 15, 2018

With Zelle projected to overtake Venmo, eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle will reach 27.4 million users in the U.S. — more than Venmo’s 22.9 million users, TechCrunch reported. Get the Full...

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GasBuddy CEO: GasBack Is The New Cash Back
June 15, 2018

With about 220 million drivers on the road, gas is a commodity that nearly everybody needs. The average American fills up their gas tank three to four times per month, buying an average of 11 gallons each time. Get the Full Story Complete the form...

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Amex Rolls Out New Cash Back, No Annual Fee Cash Magnet Card
June 14, 2018

American Express, the payments company, announced Thursday (June 14) the latest addition to its cash back portfolio the no annual fee American Express Cash Magnet™ Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...