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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 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 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 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.
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.
Pornhub is now allowing people to pay for its premium content with Verge, a "privacy-focused" digital currency that emphasizes anonymity.
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?
The $9 billion payments company's exit comes at a time of mass concern over the cost of using bitcoin for online retail.