Payments News

On The Web

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Tech

Google Play Crackdown Makes Amazon, Barnes & Noble Pull Digital Purchases

“The great Google Play billing crackdown is finally here. Developers selling digital goods inside their Android apps all need to switch to Google Play billing, or they will be locked out of the Play Store. This has technically always been the rule at Google Play, but it went mostly unenforced until Google gave developers a […]
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Tech

Walmart Sues BJ’s Wholesale Claiming It Stole Self-checkout Technology

“Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile app. The suit, filed in federal court, claims Walmart worked for years to develop Scan & Go, a feature that lets Sam’s […]
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Tech

Google to Allow Alternative In-App Payments for Spotify Users, a New Step in App Battle

“Spotify Technology SA has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software. The streaming music service and Alphabet Inc.’s search giant announced the deal Wednesday, allowing Spotify ’s app within the Google Play […]
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Deals

Euroclear Joins Bank-backed Blockchain Payment System

“Securities settlement house Euroclear said on Monday it had joined a consortium of banks building a payment system for tokenised assets in the latest sign of established institutions teaming up with newcomers in crypto tech.Securities settlement house Euroclear said on Monday it had joined a consortium of banks building a payment system for tokenised assets […]
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Tech

7-Eleven Japan Trials Holographic Contactless Self-checkout

“Customers at six 7-Eleven convenience stores in Tokyo, Japan, can now make cashless payments for their purchases by interacting with a holographic screen projected from a contactless self-checkout kiosk. The retail giant is piloting a system that enables customers to scan the products they wish to buy and then select their preferred payment method and […]
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Tech

EBay Teases ‘Digital Wallet’ in Investor Presentation As Crypto Rumors Swirl

“Online marketplace eBay (EBAY) flashed a “digital wallet” slide early in its Investor Day presentation on Thursday, adding to chatter about what the company’s plans might be with respect to crypto. EBay has floated the idea of crypto payments for some time, most recently in late February when CEO Jamie Iannone told TheStreet the company […]
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Tech

Contactless Card Purchases to Exceed 522bn Globally by 2026

“The number of contactless card purchases made worldwide will increase by an average of 23% a year and reach a total of more than 522bn by 2026, up by more than 370bn on the 149bn recorded in 2020, according to a forecast by Retail Banking Research (RBR) . The firm’s ‘Global Cards Data and Forecasts […]

On The Wires

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Tech

Dollar General Adds Enhanced Financial Services

“Dollar General (NYSE: DG) today announced a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives. New services include the introduction of Dollar General’s exclusive spendwell™ banking platform, a buy-now, pay-later test program with Sezzle ® and new FIS Worldpay ® card reward points payment options, […]