Payments News

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Companies

EU Antitrust Regulators Quiz Developers on Google App Payments – Sources

“EU antitrust regulators have asked app developers whether Alphabet (GOOGL.O) unit Google’s threat to remove apps from its Play Store if they use other payment options instead of its own billing system has hurt their business, two people familiar with the matter told Reuters. Critics say fees charged by Google and Apple (AAPL.O) at their mobile app stores […]
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Companies

Google Begins Rolling Out Its New Multifunction Mobile Wallet to 39 Countries

“Google has begun rolling out a multipurpose digital wallet that enables users to store, use and present digital credentials such as identity cards and health passes as well as payment cards, transit and event tickets and hotel keys in 39 countries across Europe, the Americas and Asia. Google announced the new Wallet in May and has now […]
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Companies

Apple’s Version of Virtual Cards Could Be Coming in iOS 16

“Just as Google announced it would be adopting virtual cards for shopping through Chrome, Apple is likely also implementing virtual cards in its Safari browser. The news comes from 9to5Mac, which is currently digging through the iOS 16 beta 3, released yesterday afternoon for developers. According to code the site has seen, Apple has apparently been working to implement virtual […]
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Companies

Google’s Payments Strategy is Taking Another Twist as it Battles Apple

“Google is launching a new Google Wallet app on Android and Wear OS, looking to streamline its payments products and lock users into Android more tightly. The move is part of a broader effort by tech giants Google and Apple to bind consumers more closely into their mobile devices by making the digital wallet as essential […]
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Companies

Google Adds Virtual Credit Cards for Google Pay

“Google will roll out virtual credit cards for Pay on Chrome and Android later this year, in an effort to better protect users’ financial information during online transactions. Virtual cards are randomly generated 15 or 16 digit numbers that can be used to obscure your true card information when making online payments. The idea is […]
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Companies

Google Cloud Assembles Web3 Team to Leverage Emerging Metaverse

“Google Cloud Platform is putting together a Web3 specialist team to take advantage of cryptocurrency and blockchain technology. The cloud computing services suite says its new Web3 team will focus on building services for developers running blockchain applications. In addition, the team will also provide blockchain services to enterprises and customers looking to leverage the […]
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Companies

Google to Allow Third Party App Payments for First Time in S.Korea

“Alphabet’s (GOOGL.O) Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country. Google’s announcement comes after a Korea Communications Commission’s (KCC) request for Google and Apple Inc (AAPL.O) […]
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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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