Across the Asia-Pacific region, each market is on its own path to secure digital transactions. In Australia, two-thirds of MasterCard transactions are already contactless in-store payments. In more emerging markets like Indonesia, consumers are just getting online to transact with mobile devices, but are well...
Uber CFO Brent Callinicos, who helped the ride-sharing startup raise more than $5 billion and reach a valuation of $41 billion, is leaving the company, the Financial Times reported on Monday (March 16). Get the Full Story Complete the form to unlock this article and...
Tencent and Alibaba have always had fierce competition in the eCommerce space — usually with Alibaba taking the lead above its trailing counterpart. Now, it appears, Tencent has flipped sides and opened an online shop on Alibaba’s Tmall marketplace as one of its newest merchant customers, Tech In...
One97’s mobile wallet payment service Paytm, an India-based and Alibaba-backed service, has launched a feature in its mobile wallet that will allows its customers a more streamlined bank transfer process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
This year’s Mobile World Congress may have ended a week ago, but post-conference conversations on where mobile’s going next abound. Following exciting, game-changing announcements made by MasterCard and other key players in the space, MPD CEO Karen Webster sat down with Jorn Lambert, Group Executive...
Messaging service Snapchat is now valued at $15 billion, a $5 billion increase over its last funding round in 2014, which was led by Kleiner Perkins and Yahoo! and which left the startup with a valuation around $10 billion. Get the Full Story Complete the...
There are 2.5 billion in the world without a bank account. That number is familiar and been reported widely. What’s lesser known is that a majority of those 2.5 billion unbanked people are women. Get the Full Story Complete the form to unlock this article...
Alibaba has made a move into the U.K. through an alternative lending partnership aimed at enabling small businesses’ financing options for those buying from Chinese suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba is on the verge of making its first direct investment in India. The Chinese e-commerce giant is in talks to invest as much as $1 billion in online marketplace Snapdeal, Reuters reported on Wednesday (March 11). Get the Full Story Complete the form to...
