Mobile payments aren’t quite ready for prime time — at least not in Boston. That’s the conclusion of a Boston Globe writer who tested mobile-payment offerings from several local companies — with limited success. Get the Full Story Complete the form to unlock this article...
An eBay employee has confirmed what many have long suspected: that eBay has hidden limits on seller accounts, according to a report in ECommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Its newfound investment dollars—which have given the company a $41 billion valuation—are financing a massive international lobbying operation, catching state and municipal leaders offguard, according to an extensive Washington Post probe of Uber’s lobbying efforts. Get the Full Story Complete the form to unlock this...
A software glitch on Friday night (Dec. 12) in the U.K. caused “thousands of items” sold by third-party vendors on Amazon to be prices at one penny—and holidays shopped grabbed the bargains. This caused huge problems for many smaller merchants who are paying the ultimate...
Electronic check processor MyEcheck has sued four financial securities companies for having 1.44 billion shares of MyEcheck’s stock fraudulently issued, the company announced last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
American Express CEO Kenneth Chenault is not so certain that Bitcoin is going to play a dominant payment role any time soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Uber Technologies is selling a minority stake to Baidu, which owns China’s largest search engine, in a cash and non-cash asset deal that “may be worth as much as $600 million,” according to a China National Radio report as noted by Bloomberg. Get the Full...
Priceline.com has integrated Apple Pay into its IOS app, allowing payment via Touch ID, saying that mobile users are much more likely to use it than Priceline’s desktop customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
‘Tis the season for holiday discounts, a bit of showrooming, bumper-to-bumper shopping mall traffic – and for those of us feeling particularly generous, holiday charitable donations. But according to a recent survey, for every $100 in donations a charity receives, it loses $96 to donor...