Delivering Card Management To Consumers With MCS

By  |  July 11, 2019
 | 
Delivering Card Management With MCS

Consumers might not know about mobile card services (MCS), but they tend to be intrigued when told about the capabilities of these features. In business-to-business (B2B) payments news, GoCardless has announced a new recurring payments deal that involves U.S.-based DocuSign. And, in gig economy news, Lime has tapped PayPal’s Hyperwallet for global payouts. All This, Today in Data.

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    Data:

    $400 million: Amount for which PayPal bought Hyperwallet last year.

    $236 billion: Amount that was paid out to gig workers through pay advances in 2018.

    79.6 percent: Share of potential MCS users who are “very” or “extremely” interested in receiving alerts when children use shared cards.

    24.5 percent: Share of potential MCS users who believe spending limits would improve their money management.

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    40,000: Approximate number of businesses that GoCardless serves around the world.


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