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