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.
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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PayPal has announced that it has withdrawn itself from the Libra Association, the governing body of the Libra cryptocurrency started by Facebook.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.
Mastercard has revealed a new credit card with a fingerprint scanner. While fingerprint security isn't foolproof, it does improve the current state of bank card security, which uses just a PIN.
Microsoft is allowing UWP developers to simplify payments in their apps with a Payment Request API. The company previously announced a preview of the API for Microsoft Edge late last year.
The Telegram team has pushed a new update to the desktop version of its messenger app. The headline feature in the release is a new theme editor, making themes easier to create and share.
Google's Assistant seems to have learned a new trick recently, with the digital helper now being able to use your credit card information. The feature is still being tested and not widely available.
New beta builds of Telegram reveal two interesting developments. The Android client now has support for custom themes and the ability to share them, while the desktop app has better theme management.
PayPal on iOS has been updated to version 6.7.0, and the headline feature is Siri integration. Now users in 30 countries can make payments easily by issuing a voice command to the virtual assistant.
Google announced that it would bring support for the Visa Checkout and MasterPass payment services to Android Pay. This payment option will automatically appear on any site that already supports them.
Samsung has marked the one year anniversary of its payments service by announcing that nearly 100M unique transactions have occurred. The service is set to expand to more countries later this year.
BitPay has announced a new modal invoice. This invoice allows customers to pay for goods and services without ever leaving the merchant's order page. It offers three payment methods.
Hilton Worldwide has issued a statement confirming that payment card information of some of its guests has been compromised due to malware attacks on its payment system since last year.
Starwood Hotels and Resorts has revealed that point-of-sale payment systems at some of its locations in North America were infiltrated with malware designed to collect payment card information.
At its WinHEC conference in China, Microsoft has shown off a new Apple Pay-style service for Windows 10 mobile device that allows the user to pay directly from their phone.