PayPal is planning to launch a wallet in China that will focus on cross-border payments and won’t directly compete with local firms Alipay and WeChat, Hannah Qiu, the China CEO for PayPal, told CNBC. Get the Full Story Complete the form to unlock this article...
The payments processing service Stripe has launched its Stripe Issuing service in 20 European countries, the FinTech startup announced on Monday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Indian government’s Life Insurance Corporation of India (LIC) has chosen local payments startup Paytm out of 17 competitors to facilitate digital payments for the country’s largest insurance company, according to Times of India, citing sources. Get the Full Story Complete the form to unlock...
While there have been many challenges in the past year, Talbott Roche, CEO and president of Blackhawk Network, also recognizes many opportunities inherent in the wave of digitization. “Payments can be the conduit to deepen connections between brands and consumers, solving their problems, meeting their...
Paidy, Japan’s biggest buy now, pay later (BNPL) startup, has rolled out a new solution — Paidy Link — that instantly connects account holders to their digital wallets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Blackhawk Network and Bakkt have collaborated to let users buy eGifts using digital assets like bitcoin, supported loyalty points and cash, according to a Tuesday (April 6) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
FinTech startup Stripe is heading to Dubai for its debut into the Middle East and North Africa (MENA), CNBC reported on Tuesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The traction gained by the digital-first economy has seen its share of eye-popping data points. Case in point: PYMNTS’ most recent Global Shopping Index found a 60 percent increase in the share of purchases made with digital devices since March 2020. Now, Mastercard’s data on...
The same-day ACH payment limit is scheduled to increase tenfold — to $1 million from $100,000 — on March 18, 2022, according to a Monday (April 5) announcement by the group that oversees the network. Get the Full Story Complete the form to unlock this article...