News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Messenger Chatbots Are Now Payments-Enabled
Messenger Chatbots Are Now Payments-Enabled
September 13, 2016  |  Social Commerce

Facebook Messenger is officially accepting payments. The social media platform announced that its chatbot service is now commerce-enabled. At the TechCrunch Disrupt SF 2016 event...

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Alipay To Start Charging A Withdrawal Fee
Alipay To Start Charging A Withdrawal Fee
September 13, 2016  |  Payment Methods

Alipay, a mobile payment company in China, said on Monday (Sept. 12) that it will beginning charging a withdrawal fee due to rising costs. According...

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Apple To Face Opposition From Seoul Firms Over Closed NFC
Apple To Face Opposition From Seoul Firms Over Closed NFC
September 13, 2016  |  Apple

Apple is about to face opposition from a group of Seoul-based financial technology firms that are gearing up to file a complaint with the Korean...

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Venmo Ups The Ante On Zelle
Venmo Ups The Ante On Zelle
September 13, 2016  |  Payment Methods

In the latest salvo by payments app Venmo, lobbed towards the big banks, the firm is debuting what Reuters terms a “major promotional campaign,” its first, gunning for...

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ING Enables Customers To Make Payments On Social Media
ING Enables Customers To Make Payments On Social Media
September 13, 2016  |  Social Commerce

ING is gearing up to overhaul social media websites, transforming them into ways to make payments. According to a press release, ING said it will...

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TransferWise Mulling The Rollout Of Card
TransferWise Mulling The Rollout Of Card
September 13, 2016  |  Payment Methods

TransferWise is reportedly mulling whether to roll out a card linked to customers’ accounts. According to a report by Business Insider, which cited multiple sources,...

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Square Cash Is Rolling Cash Virtual Card Into Its iOS App
Square Cash Is Rolling Cash Virtual Card Into Its iOS App
September 13, 2016  |  Payment Methods

Square Cash has rolled its Cash Virtual Card into its iOS app, which enables customers to create a virtual Visa debit card so they can...

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Instant Issuance, Instant Benefits?
Instant Issuance, Instant Benefits?
September 13, 2016  |  Payment Methods

Entrust Datacard sees double-digit boosts in card volumes and purchase volumes tied to instant issuance programs. For FIs, revenues go up, and costs stay down,...

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How SMBs — And Their Lenders — Brace For Regulation
How SMBs — And Their Lenders — Brace For Regulation
September 13, 2016  |  B2B Payments

As the fluctuations within the small business lending industry continue, SMEs must keep their eye on the state of the market: whether capital is available,...

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