Payments News

On The Web

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American Express Debuts In-app Connection to PayPal

“American Express spent the last few years updating its mobile app to make more room for PayPal users. The newest revision enables customers to add their Amex card to PayPal by tapping a button within Amex’s mobile app, streamlining what had been a complex process, Amex announced Thursday. The so-called app-to-app functionality is available first […]
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New York City Council Passes Sweeping Food Delivery Protections

“The sweeping measures would require restaurants to grant couriers access to bathrooms, set a minimum per-trip payment and a guarantee that couriers receive full tips, and allow the workers to set limits on their routes. The apps will also be required to pay couriers at least once a week, offer payment options that don’t require […]
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E-wallet Companies Battle Card Giants in Emerging Markets

“Consumers in emerging markets are more likely to use a mobile app than a credit card for payments. That’s driving Boku’s move to unite mobile wallets and wireless operators to provide an interoperable cross-border alternative to Visa and Mastercard in the battle for unbanked consumers…Boku, which allows consumers to make payments via their mobile accounts, […]
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Giant Eagle Now Takes PayPal, Venmo Payment at Checkout

“Giant Eagle has become the first grocery and convenience store retailer to enable PayPal and Venmo transactions at checkout, according to card and digital payment specialist Blackhawk Network. All 474 Giant Eagle supermarket and GetGo fuel/convenience store locations now accept PayPal online and Venmo mobile payments by allowing shoppers to scan QR codes at checkout, […]
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Lightspeed to Offer Payments Solution to 5 European Markets

“Lightspeed, a commerce platform provider, has announced it will roll out its payments solution for hospitality merchants in Germany, France, Belgium, Switzerland and the Netherlands. The solution offers mobile and contactless payments to allow businesses to process payments and manage their services from one platform, according to a press release. Lightspeed has already launched its […]
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Three Nordic Mobile Payment Providers Merge

“Denmark’s Danske Bank said on Wednesday it had agreed with OP Financial Group in Finland and a consortium of banks including DNB in Norway to merge their mobile payment platforms. The three mobile payment providers, MobilePay in Denmark, Pivo in Finland and Vipps in Norway, serve 11 million users and more than 330,000 shops and […]

On The Wires

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Boku Launches M1ST, the World’s Largest Mobile Payments Network

“Boku Inc. (AIM: BOKU ) today announced the launch of the M1ST (aka Mobile First), the world’s largest mobile payments network. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets, direct carrier billing, and real-time payments schemes, reaching 5.7 billion mobile payment accounts in 90 countries – all through a […]
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UnionPay International Launches First Contactless E-wallet in Tajikistan

“UnionPay International (UPI) announced today that it has partnered with the International Bank of Tajikistan to launch the country’s first contactless e-wallet, making UnionPay the first payment brand to offer mobile contactless payment services in the country. As a result, the number of e-wallets outside the Chinese mainland that support UnionPay cards reaches 100. Meanwhile, the number […]
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GSMA Study Reveals That the Gender Gap in Mobile Internet Use Is Shrinking, Despite the Onset of the COVID-19 Pandemic

“A record number of women in South Asia now use mobile internet services, helping shrink the gender gap to 15% from 19% last year in low- and middle-income countries despite the onset of COVID-19, according to the fourth annual GSMA Mobile Gender Gap Report published today. The gains in South Asia, which had the most significant gender gap […]