Payments News

On The Web

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Companies

Google Will Soon Allow Gambling Apps on the Play Store in the US

“Android users in regions other than the UK, Ireland, France and Brazil will soon be able to find and download real-money gambling apps from the Play Store. Google has updated its program policy allowing apps that “enable or facilitate online gambling” in 15 more countries, including the US, starting on March 1st.”
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Companies

Britain’s competition regulator sets out new regime for tech giants

“Britain’s competition watchdog outlined a new regime for regulating tech giants such as Google and Facebook, saying it needed new powers to harness the full potential of digital markets and drive competition and innovation. It proposed a new, legally binding code of conduct, pro-competitive interventions in the market and enhanced merger rules, overseen by a […]
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Companies

Google Pay’s massive relaunch makes it an all-encompassing money app

“Today, Google Pay for both Android and iOS is relaunching with a giant array of new features. It turns the app from something that most people think of as a tap-to-pay card repository or peer-to-peer payment system into a much more ambitious service. The new app begins rolling out across the United States today.”
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Companies

India opens antitrust case against Google over its payments app

“India’s antitrust watchdog has opened an investigation into Google for allegedly abusing the dominant position of its app store to promote its payments service in the world’s second largest internet market. In its Monday announcement (PDF) about opening an antitrust case against Google, Indian watchdog Competition Commission of India (CCI) said it is directing an […]
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Companies

Google Defers Indian In-App Fees After Angry Startups Complain

“Alphabet Inc’s Google has extended its deadline for Indian app developers to comply with a new billing system for commission fees by six months, it said on Monday, days after local startups voiced anger about the charges. Google will now enforce its global policy more strictly and charge a 30% commission fee for in-app purchases […]

On The Wires

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