Home Tags Payments

Tag: Payments

Payments app Zelle is gaining ground on heavyweight PayPal as fintech apps battle for a piece of a $167 billion market

According to an analysis released by eMarketer in October, mobile peer-to-peer transaction volume is expected to reach $167 billion this year

Stores and credit-card companies are in an all-out war over fees

Stores like Target, Home Depot, and Amazon are pushing for an end to a rule that forces them to accept any and all credit cards by a single network. Visa and Mastercard say that change would lead to mass customer confusion.
Costco now offers Apple Pay.

Costco just made an uncharacteristic move to win over millennial customers

Costco members can now use Apple Pay, Google Wallet, and Samsung Pay to purchase products in any of its stores across the United States. The service was tested in a handful of stores before being rolled out nationally.
Adyen CEO Pieter van der Does

A Dutch payment giant backed by Mark Zuckerberg and used by Uber is going public

Adyen processed €108 billion-worth of payments last year and had revenues of €218 million. The company could be valued at up to €9 billion in the IPO in Amsterdam.

Square sinks after Paypal acquires iZettle to better compete in payments

Square tumbles after Paypal announced it will acquire iZettle, a European competitor of Square. Fintech startup iZettle will further Paypal's plans for an international omni-channel payments solution and increase competition in the point-of-sale market.

Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square

Paypal shares rise in pre-market trading after it announced the $2.2 billion acquisition of Square competitor iZettle. The European fintech startup which makes credit card readers for phones and tablets would further Paypal's international omni-channel plans.
Seminole County tax collector Joel Greenberg

A controversial Florida politician just made his county the first in the US to let residents pay taxes with bitcoin

Seminole County, Florida will use the payment processor BitPay to process bitcoin and bitcoin cash payments for local fees like property taxes and drivers license expenses.

The biggest porn site in the world is now accepting a ‘privacy-focused’ cryptocurrency called Verge

Pornhub is now allowing people to pay for its premium content with Verge, a "privacy-focused" digital currency that emphasizes anonymity.
Ana Patricia Botin, chairman of the Spanish bank Santander.

Santander is set to launch an international money transfer app with Ripple

Santander UK CEO Nathan Bostock said: "We will be the first large retail bank to carry out cross-border payments at scale with blockchain technology."

Here’s why you should stop using Venmo, and start using Facebook Messenger for paying back your friends

Venmo claims to be the "social media" of money transfer apps, but is it really that great?