digital wallets

Venmo No Longer Accepted on Amazon in January
Venmo No Longer Accepted on Amazon in January
December 07, 2023  |  Amazon Payments

Amazon is set to stop taking payments via PayPal-owned Venmo in the coming weeks. “Due to recent changes, Venmo can no longer be added as a payment method,” Venmo said...

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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
Nearly 1 in 5 Social Media Shoppers Used PayPal for Their Most Recent In-App Purchase
December 06, 2023  |  Social Commerce

Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests...

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PayPal Business Revamp Expected by March
PayPal Business Revamp Expected by March
December 05, 2023  |  Payment Methods

PayPal is reportedly working to add new features, with a special focus on improving the checkout experience. The firm plans to roll out the first...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. The digital finance firm has told customers that they will either need to liquidate their accounts or move...

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PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
PayGround Raises $19.7 Million to Grow Healthcare Payments Platform
November 28, 2023  |  Investments

PayGround raised $19.7 million in a Series A funding round to support the growth of its healthcare payments platform. The company will use the capital...

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Visa: Americans Keep Traveling Despite Rising Costs
Visa: Americans Keep Traveling Despite Rising Costs
November 28, 2023  |  Travel Payments

Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday...

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Australia to Regulate Digital Wallets Alongside Credit Cards
Australia to Regulate Digital Wallets Alongside Credit Cards
November 27, 2023  |  Legal

Australia is set to introduce legislation governing the use of Apple Pay and other digital wallets. The new rules, scheduled to be announced this week, would place...

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