International

Apple Pay
Canadian Mobile Payments May Come At Premium
November 12, 2014

Apple Pay isn’t in Canada yet, but the Canadian government is working on legislation that would make it legal for merchants to pass mobile payment fees to the customer and have the option to reject mobile payments, MobileSyrup reported. Get the Full Story Complete the form...

International
Argentine Bank’s Money Transfers Linked To Money-Laundering Investigation
November 12, 2014

An Argentine bank whose anti-money-laundering controls got a clean bill of health from the New York Federal Reserve is now at the center of civil and criminal Federal investigations over laundering of $24 million by means of more than 20,000 separate checks between 2005 and...

International
Alibaba Kills It On Singles Day
November 11, 2014

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 Offers Cash Option in Russia
November 10, 2014

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,...

International
Alibaba’s Powerful “Singles’ Day”
November 10, 2014

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...

International
Beacon Obstacles Starting To Melt
November 10, 2014

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...

International
Samsung Launches Mobile Ecosystem
November 10, 2014

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...

International
“Uber” Of Long Distance Travel – Tripda – Making U.S. Debut
November 10, 2014

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)...

Apple Pay
The iPhone’s Big Security Flaw
November 10, 2014

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...