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PayPal slammed after eBay snubs it for another payment partner

Shares of PayPal fell on Wednesday after eBay, the former parent company of PayPal, announced that it had inked a deal with a new primary payment processor.
A fake Chinese banknote is seen in a market in a shopping district on August 28, 2015 in Beijing, China

China is offering long-term visas to select foreigners to boost its economy

China has begun offering five-year visas for ethnic Chinese foreigners, and up to 10-year visas for "high-end" foreign talent.

Major credit card companies are joining together to quietly kill one of the most annoying things about shopping in stores

In 2018, major credit card companies including Visa, MasterCard, and American Express will no longer require customers to sign their receipts when checking out.

Amazon can alter the course of history for these 7 companies

Investors can benefit from investing in companies whose revenues are tied to Amazon.
A High Street storm on the horizon?

‘Black cloud’ for retailers ahead of Christmas as spending drops at fastest rate in 4 years

New data from Visa/IHS Markit and BRC/Springboard point to nose-diving High Street sales in October.

Consumer spending is having its biggest slump in 4 years, as Brits spend less on clothes and holidays

Visa's Consumer Spending Index found a 0.8% fall in consumer spending last month, when compared to July 2015. It follows similar declines in May and June.

17 countries where money can buy you a second passport or ‘elite residency’

The super-rich are no longer just spending their money on private jets and yachts — they're also buying passports. Here's where you can do it.

MasterCard bags TSB as a customer in a win for its digital operations

The bank, which has a 4.5% share of the UK current account market, will reissue all its debit cards on MasterCard from 2018.

A key indicator of the British economy has dropped for the first time in four years as Brexit bites

Visa measured that real consumer spending on its debit, credit, and pre-paid cards in May was 0.8% lower than in the same month last year.