The online payment processor, Stripe, is going to lay off more than 1,000 employees due to a worsening economy. The cuts will primarily hit the recruitment department, as hiring will slow next year.
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Google has been handed a $113 million fine by India's antitrust watchdog for forcing consumers and developers to use only its own billing mechanisms for purchases from the Google Play Store.
Microsoft Teams will integrate a payment service. It's the first such option introduced by Microsoft's video-conferencing tool to let participants pay directly in a meeting in a hassle-free way.
If you have a PayPal account, over time you've probably authorized a lot of payments. Some of those may stay "active" even after you cancel the service or no longer use the company.
Did you know that there is a quick way to open your Apple Wallet when you walk up to a register and want to pay for something? Join us today in this week's Tech Tip Tuesday to find out how!
Google has updated its older Google Pay and rebranded it as Wallet. The e-wallet currently offers tap-to-pay cards, but will eventually add several types of authentication and payment methods.
A new paper appears to show that the Bitcoin network while requiring a lot of power, is more energy-efficient than the existing electronic payment system used to send money between banks.
Apple has outlined the measures that it's taking to protect its customers from fraudulent payments and apps that contravene its policies in general such as those that contain spam or copy other apps.
Apple is introducing Tap to Pay on iPhone that will allow merchants across the US to accept payment through contactless NFC payments including Apple Pay, credit and debit cards, and digital wallets.
Through their partnership, Ripple and Modulr will deliver real-time, price-competitive, and reliable payments into the UK and Europe. Their services will be available globally in the coming months.
Samsung has introduced its new S3B512C fingerprint security IC that's designed to be used for payment cards. The new IC adds an extra layer of security when making contactless card payments.
Facebook is adding a new feature on Messenger called "Split Payments" that does exactly what it's named - it splits payments between friends or group members for dinners, household or even rent.
PayPal has launched Checkout with Crypto, a new service that allows consumers in the United States to pay with cryptocurrencies like bitcoin. Merchants all over the world receive the money as fiat.
Stripe, the payments processing company, is now valued at $95 billion following its latest funding round where it raised $600 million. It will use the money raised to expand its Dublin operations.
Snapchat has announced that it will pay users for their content that does well on its Spotlight. Creators will earn based on a proprietary formula that includes how many users heart content.
Google is teasing a "new Google Pay" slated to be announced tomorrow on YouTube. The firm might launch the version of the app rebuilt on Flutter with a host of new banking features.
Ecosia has announced that it now partially owns TreeCard, a firm that makes wooden debit cards. The search provider said that purchases with the card will fund its tree-planting efforts worldwide.
EE has partnered with Square to help small business owners begin accepting cashless payments. Any fees on the first £1,000 of payments will be waived to encourage people to use the service.
Facebook has announced that its Calibra Libra wallet is now going to be known as Novi which was inspired by the Latin word for new. The wallet will arrive in several countries before a wider launch.
Mozilla is set to extend Web Monetization in the Firefox Reality ecosystem. It is using the Coil payment system which will allow content creators to earn in their currency based on user attention.
PayPal has announced that it has withdrawn itself from the Libra Association, the governing body of the Libra cryptocurrency started by Facebook. The news follows speculation that the firm had doubts.
PayPal has announced that it has brought 70% equity interest in GoPay allowing it to operate in China. PayPal has become the first foreign payment platform to be allowed to operate in the country.
Reports suggest that Amazon Go stores could start accepting cash following criticism that the stores are elitist. Critics said not everyone had access to the required app, or have a bank account.
PayPal has partnered with Instagram in order to power Instagram Checkout, an in-app purchase option for customers to more easily buy goods from businesses from within the app, in the U.S.
IBM has announced the launch of its blockchain-based wire service aimed at regulated financial institutions. It has launched in 72 countries so far but it's looking to expand this soon.
According to Pakistan's new finance minister, PayPal or an online payments platform similar to it could launch in Pakistan within the next 3-4 months, which is welcome news for freelancers.
Just 18 months after reaching 200 million users, PayPal has revealed that it now has a 250 million users around the world. The firm stated that it is growing at three million users per month.
PayPal has begun rolling out its redesigned mobile app on Android. The app will come to Australia and Italy initially and then come to other markets. Apple iOS users will get the update later.
Google is announcing some updates to its Google Pay service, making it easier to request and send money to friends, save your event tickets and split the bill from that expensive group dinner.
Google has announced that users of the Las Vegas Monorail can now save their mobile tickets to Google Pay in order to board the vehicle more quickly. Once saved, just scan your phone on the reader.
Google has yet again added messaging integration to another of its services, this time in Tez, its India-exclusive payments app, in an attempt to take on WhatsApp's upcoming in-chat payments feature.
Google has added new functionality to the Tez payments app in India which allows users to search for over 90 utility companies in order to quickly and easily get bill payments set up.
The famous VPN provider, Private Internet Access, is now letting the privacy-conscious to pay for its services with Zcash shielded payments which make it difficult to identify payment information.
Google has announced that it is rolling Google Wallet and Android Pay into one service called Google Pay. It's an attempt by Google to unify its payment ecosystem. Tez will still exist in India.
Facebook is rolling out mobile payments to UK users of its Messenger app. Senders and recipients will have to register their bank card with the service in order to receive and send money.
Skype is rolling out new integration with PayPal in 22 countries across North America and Europe via its newly-introduced add-in feature, enabling peer-to-peer payments among friends and family.
It is being rumored that Samsung may offer its mobile payments technology, Samsung Pay, to other smartphone manufacturers in the hopes of building omnipresence and dominating the mobile phone market.
Apple announced today that it will be accepting payments through PayPal for purchases and subscriptions, giving users who might not have access to credit cards the ability to pay easily.
Telegram's bot payments are now supported by Paymentwall. It's the fourth company to partner with Telegram and is available in more than 200 countries. We are expecting three new partnerships soon.
Peach Aviation has become the first Japanese airline to announce that it will accept bitcoin payments for booking seats on its flights. The company will start accepting bitcoin before the year's end.