As a company that went public just a few months ago, Alibaba continued to show its strength when it shattered sales records on Nov. 11 with Singles’ Day sales of $9.34 billion. But that’s not enough to make Alibaba Founder and Chairman Jack Ma happy,...
Ezetap, a mobile payment startup, wants to connect small Indian villages with business and is using its mPoS to do so, Business Standard reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Online deliveries could soon be delivered to customers’ parked cars, according to Bloomberg News. 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, PYMNTS...
China’s cabinet called for supporting the country’s e-commerce industry with preferential policies — a shift that would benefit Alibaba and JD.com, China’s biggest online retailers, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As Apple cautiously establishes a foothold in China for the eventual rollout of Apple Pay there, other international payments services are already finding China to be one of their biggest markets, Chinese tech blog TechNode reported. Get the Full Story Complete the form to unlock...
Managing the “dozens of ACH islands” that exist around the worldwide in order to pay hundreds or even thousands of payments to suppliers is typically time consuming and expensive. But that’s exactly the problem that Chen Amit, set out to solve four years ago when...
Seamless, the company behind the mobile payment solution SEQR, recruited Beverly Cole as its new U.S. Head of Sales, according to a company release. Previously, Cole held various lead positions in finance and technology, and most recently comes form First Data, where she was SVP...
As banks, retailers, and international online payments have gone digital over the last two decades, technology has sparked major changes in global payments. The flow of goods, services and finance reached $26 trillion in 2012, and that number could triple in the coming decade, says...
Despite Visa and MasterCard still struggling to get into the Chinese market, Apple has found one way, working out an agreement with UnionPay to make it easier for Apple apps to be purchased there. In exchange, Apple will let Chinese consumers pay with UnionPay for...
