Alibaba said its sales for China’s Singles Day on Tuesday (Nov. 11) surpassed $2 billion in the first hour — including more than $1 million in Alipay transactions in the first 18 minutes — and 45.7 percent of first-hour sales were via mobile. Get the...
PayPal is jumping onto the cash-based electronic payments business trend in Russia, The Moscow Times reported. 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,...
As U.S. retailers prep for the Black Friday shopping rush, Alibaba has hit another record-breaking single-day sales record. 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...
Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years. The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...
Samsung Electronics has announced its intention to push into the mobile payment space with their own service offer in cooperation with local m-pay services provider Yelopay. The mobile service is also offered in partnership with Kookmin Bank, Shinhan Bank, Yoori Bank, NH Nonghyup Bank, Citibank...
It seems soon Greyhound buses and Amtrak trains could soon know the world of hurt that ride-sharing has already brough to the world’s taxi operators. Instead of offering a taxi service like Uber or Lyft, Tripda matches passengers and drivers (who are already planning travel)...
Welcome to the bigtime, iPhone. You’re now subject to the same nasty malware as everyone else. What changed is a Silicon Valley security firm—Palo Alto Networks—came across some malware called Wirelurker, which is focused on iOS devices, according to a report in The Verge. Get...
Payments players around the globe gathered last week to chat about all things payments and commerce. As you might expect, there were lots of new products, big ideas and big predictionsshared. We thought you’d like to see the things that we thought were worth sharing....
ShopRunner announced Thursday (Nov. 6) that it has expanded its E-commerce presence through a new partnership that will connect more U.S. retailers with online shoppers in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
