Payments News

On The Web

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Washington Governor Signs Uber, Lyft Driver Pay Guarantee Into Law

“Washington Governor Jay Inslee on Thursday signed into law a minimum pay standard for Uber (UBER.N) and Lyft (LYFT.O) drivers, making Washington the first U.S. state to implement earnings standards for ride-hail companies. Drivers across the Northwestern state will earn a minimum of $1.17 per mile and 34 cents per minute with a minimum pay […]
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Revolut Expands Its Global Remittances Offer With Seven New Corridors

“Revolut, the global financial superapp with over 18 million customers worldwide, announced today that customers from the UK, EEA, Japan, Singapore and Australia can now transfer money to bank accounts in Colombia (COP), Nepal (NPR), Peru (PEN), Bolivia (BOB), Guatemala (GTQ), Egypt (EGP) and Costa Rica (CRC), supporting seven additional local currencies.”
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Fed up With Fees? Crypto Use Is Growing for Cross-border Payments – Survey | ZDNet

“A new survey released today by non-profit Stellar Development Foundation and UK-based cryptocurrency payments platform Wirex has revealed a heightened awareness, and increasing use and acceptance, of cryptocurrencies for cross-border payments in four key developed and emerging countries — United States, United Kingdom, Mexico and Singapore — indicating that crypto is being used for sending […]

On The Wires

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Square Introduces the Next Generation of Square Stand

“Today, Square unveils the next generation of Square Stand , the company’s iconic countertop device that turns an iPad into a powerful, robust point of sale system that sellers can use to run their entire business. Launching concurrently in all of Square’s eight global markets, Square Stand features integrated contactless tap, chip and PIN payments […]
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Adyen to Offer Tap to Pay on iPhone to Customers Later This Year

“Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, is working with Apple to offer Tap to Pay on iPhone for its U.S. customers later this year. The solution allows Adyen’s U.S. customers to use their iPhones to accept contactless payments, without the need to purchase or manage additional hardware or […]
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I2c Partners With PingPong to Power B2B Mastercard Credit Offering

“i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with PingPong , Hangzhou, China-based fintech unicorn providing business owners with modern, cross-border e-commerce payment solutions. Leveraging i2c’s agile SaaS platform, PingPong will expand its existing commercial credit offering to new regions, specifically Hong Kong SAR and Europe. The […]
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Apple Pay and Google Pay Now Available in Transit

“More than 65 transit systems have launched mobile ticketing with Transit to make it easier for riders to pay their fare. Now, Transit is making the experience even simpler by supporting Apple Pay and Google Pay in the app. Starting with systems that use Token Transit as their mobile ticketing provider, riders are now able to purchase their fare […]
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Wix Partners With DoorDash to Launch On-Demand Delivery for Restaurants

“Wix .com Ltd. (Nasdaq: WIX ), a leading global SaaS platform to create, manage and grow an online presence, today announced a partnership with DoorDash Drive , DoorDash’s white-label fulfillment platform that powers direct delivery for any business, to integrate with Wix Restaurants. The integration provides restaurant owners using Wix Restaurants access to an expansive […]