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China’s central bank released a special edition banknote – but people have forgotten what cash looks like

It seems Chinese people have forgotten what money looks like.
Forget about tipping in guitar cases. Chinese people give money to street musicians and panhandlers with their phones.

One photo shows that China is already in a cashless future

Young Chinese people almost exclusively use mobile payment apps like AliPay and WeChat Pay to pay for everything from street food to clothes to tipping musicians on the street.

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?

Apple Pay adoption is ‘underwhelming to date by nearly every objective standard,’ says Goldman Sachs

"Despite much publicity upon launch, Apple Pay, Samsung Pay, and Android Pay have struggled to gain traction"

PayPal’s CEO responds to Apple’s Venmo competitor: ‘Apple can never do that’

If Apple's feature takes off, some argue, it could bite into the amount of transactions Venmo handles.

The biggest US banks have backed a new service that lets you pay friends faster than Venmo

After six years, the big banks have finally debuted "Zelle," their competitor to Venmo that works inside the apps of participating banks.

Apple Pay is expanding, but it still has a long way to go

Apple Pay is a fantastic product, but its limited reach remains a problem.

Apple is working on its own Visa pre-paid debit cards — and bank executives hate it

The pre-paid debit cards would tie into a unannounced service that would allow iPhone users to send money to each other digitally.

Walmart’s answer to Apple Pay is now available in all 4,600 of its stores

Walmart added 3,500 stores to its Walmart Pay network in the last three weeks.