Payments News

On The Web

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Companies

PayPal Coming to Bangladesh Soon

“After much speculation and several false starts, popular online payment system PayPal is said to be launched in Bangladesh by December, at the end of this year. Salman F Rahman, private industry and investment adviser to the prime minister, mentioned this to reporters during his visit to a Walton factory at Chandra in Gazipur on […]
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Companies

Mastercard Wants to Discontinue Maestro

“Worldwide, 400 million Maestro cards by the brand that Mastercard introduced thirty years ago are in circulation. Nevertheless, the successful card will soon be replaced by a new debit card under the Mastercard brand. The main reason is the rise of e-commerce.  According to Henri Dewaerheijd, country manager Belgium and Luxembourg, Mastercard and Maestro have […]
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Companies

PayPal Is Exploring a Purchase of Pinterest

“PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc. , people with knowledge of the matter said.  San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around […]
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Companies

Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support

“Payments company Stripe has begun assembling a crypto engineering team to chart its future in digital assets. The team – described in LinkedIn posts and job listings – will be run by Guillaume Poncin , Stripe’s former head of engineering for banking and financial products. He is looking to hire at least four staffers to […]
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Companies

Google to Invest $1 Billion in Africa Over the Next 5 Years | TechCabal

“At the first virtual Google for Africa event today, Sundar Pichai, CEO of Google and Alphabet, announced a plan to invest $1billion over 5 years to support digital transformation in Africa. The investment focuses on enabling fast, affordable internet access for more Africans; building helpful products; supporting entrepreneurship and small business; and helping nonprofits to […]
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Companies

WSJ News Exclusive | Apple Pay Fees Vex Credit-Card Issuers

“Banks rushed to work with the Apple Pay mobile wallet when it debuted in 2014. They have some regrets. When Apple Pay launched, the tech giant got big banks including JPMorgan Chase & Co., Capital One Financial Corp. and Bank of America Corp. to agree to pay fees that would allow their cardholders to pay […]

On The Wires

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Companies

Square Loyalty and Square Marketing Launch for UK Businesses

“Square has announced two new tools in the UK to help businesses grow their sales and engage customers with just a few clicks. The two tools, Square Marketing and Square Loyalty, are now available as separate subscriptions for UK businesses of all types and sizes…Businesses can also now build a loyalty program in minutes with […]
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Companies

Bottomline Launches Global First With Payments Tracker Using SWIFT’s API

“Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced the latest API-based payments tracking service for banks worldwide, integrating SWIFT gpi data. The gpi data is captured on behalf of Bottomline clients and is integrated into their payments workflow, which simplifies and unifies the API access […]