Stripe has made its products available to businesses in Germany, Austria, Switzerland, the Netherlands, Belgium and Luxembourg Yoyo Wallet, the British mobile payments app, has raised £12m from investors to fund its expansion in Europe and the US. The app is used to...
Square is reportedly planning to launch a physical Square Cash debit card. Its virtual Square Cash card, which lets users make payments using their Square Cash balance anywhere Apple Pay is accepted, was launched in December 2016. Plastc, an all-in-one card and mobile...
What’s happened in Banking last week Lloyds Banking Group has announced plans to reduce the size of hundreds of its branches. The new ‘micro branches’ will be staffed by two people, who will help customers to use machines, including pay-in devices. Some...
What you need to know Alibaba Group is investing US$177 million in Indian online retail giant Paytm E-Commerce. This will expand the Chinese company’s operations in India, the world’s sixth-largest economy. It will mark the second major regional expansion for Alibaba...
What you need to know: In 2015, consumers became aware and noticed other payment methods aside from cash. In 2016, financial services experienced a boom with innovative technology. This year (2017), consumers may be willing to pay a little extra for the comfort and...
What you need to know: The Chinese are no longer paying their purchases in cash or credit card. They pay using their mobile phones. In fact, even street stalls provide QR codes for payment. With 710 million internet users, about 57.7% use mobile online payments. China...
