Square may be closing in on PayPal a bit, with the company’s monthly downloads of the Square Cash app increasing at a faster rate. Barron’s, citing a research report issued this week by Nomura Instinet, reported that monthly downloads of Square Cash are happening at...
Veea Inc. has announced a strategic partnership with CITCON, a cross-border mobile payment company, that will make Alipay and WeChat Pay available to more U.S. merchants. Businesses that use VeeaPay will also be able to accept Alipay and WeChat Pay payments. In addition, businesses can...
Chase has announced that small and mid-sized retailers who sell on the eCommerce platform BigCommerce will soon be able to accept Chase Pay on their online stores. In addition, BigCommerce will enable immediate merchant onboarding with WePay, a Chase company. The additions, expected to happen...
iZettle, the mobile payments company, disclosed Tuesday (May 8) that it will list on the Nasdaq Stockholm stock exchange in 2018. According to a report in Reuters citing iZettle, it would mark one of the largest FinTechs in Europe to become a public company. The listing, noted Reuters, depends...
To offer customers more convenient payment options, Grubhub is adding Venmo to its platform. With the new functionality, consumers will have an easier way to share the cost of a delivery order with friends, Grubhub said in a announcement. Customers purchasing food on Grubhub, Seamless or...
To enable mobile payments, the Washington Metropolitan Area Transit Authority (WMATA) is working with its fare payment vendor to upgrade its payment capabilities. WMATA seeks to be “mobile ready” by 2019, the agency said in a statement. “Mobile fare payment is the future of transit, giving...
PayPal and Safaricom announced a new collaboration that will enable people living in Kenya to move money between their M-PESA and PayPal accounts. In a press release, PayPal and Safaricom said that the new service removes a barrier that prevented consumers and businesses in Kenya from...
Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the U.K. is the first international market for the Cash app. Like in the U.S., users across the pond can now send and receive...
Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. According to The Verge, the ability to instantly transfer money to the bank account linked to a debit card was a convenient feature, with...
