payments
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Bravo’s App Makes It Easy To Tip When You Don’t Have Cash
Though the majority of today’s payment transactions are digital – credit card swipes, online bill pay, tap-and-pay at point of sale, etc. – there are still a few places where cash has yet to die out. You still often need a handful of small bills to tip service professionals like valets, baristas, the great band at your local bar, and more. Taking these sorts of small… Read More
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PayPal Launches PayPal.Me, A Simpler Way To Request Money Using Your Own Personalized URL
PayPal today is launching a new take on peer-to-peer payments with the debut of a platform it’s calling PayPal.Me. For the first time, PayPal customers will be able to set up their own user profiles which are associated with a personalized URL (e.g. paypal.me/username), which can then be shared with others via text, over email, on instant messenger, via social media, or anywhere else, as… Read More
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Subway Teams Up With PayPal On Mobile Payments
Ordering your food or beverages by smartphone and then paying for it via an app is quickly becoming the new normal. Starbucks already allows for this across thousands of its stores in the U.S. Meanwhile, Burger King and Firehouse Subs announced integrations with MasterCard’s MasterPass digital payment solution just this week, and Taco Bell’s own mobile ordering solution is powered… Read More
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Stripe Now Has An iPhone App For Monitoring Payment Activity
Stripe, a service that companies can use to accept payments, has a new way for businesses to track purchases and user activity — an iPhone app. The new iPhone app does basically everything its existing online dashboard does, but brings it to an interface more suited for a mobile device. Businesses can also set up notifications for whenever a payment or purchase is made or set up a… Read More
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Facebook Messenger Payments Arrives In NYC, Now Supports Group Chats And More
Facebook says today that it’s expanding access to the new payments feature introduced in Facebook Messenger earlier this year to those located in New York City and the surrounding metro area. The feature, which allows friends to send and receive money using Facebook’s messaging app on iOS and Android as well as on the desktop, was previously only available in a few cities in the U.S. Read More
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PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”
Digital commerce company PayPal is moving to establish itself as “more than just a button” to a global payments platform as it readies a split from parent company eBay later this year. “We’re coming into the market at a time when the financial services industry is going through some fundamental shifts,” new PayPal CEO Dan Schulman said at PayPal’s… Read More
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The Year Of Mobile Payments
Ask most people what the state of mobile payments is today, and they’ll tell you it’s just kicking off. With Facebook announcing the option to ‘send money to friends’ via messenger and the release of Apple Pay last year, 2015 has excitedly been dubbed “The Year of Mobile Payments.” Yet what most people don’t realise is that these services are… Read More
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India’s Restaurant Search App Zomato Raises $50M At $1B+ Valuation, Buys MaplePOS
Time to loosen Zomato‘s belt: the Indian startup whose restaurant search app is now used in 22 countries is growing some more. The company has raised $50 million more in funding, and it has made its first acquisition of a product outside of the restaurant search space: it has bought payments platform MaplePOS. The funding values the startup at over $1 billion, a source close to the… Read More
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Square Launches Free Chargeback Protection For U.S. And Canadian Sellers
Square, the mobile payments startup that’s been shifting its focus to small business solutions in recent months, announced this morning that it will now cover all Square sellers in the United States and Canada with chargeback protection. That is, when buyers choose to dispute their charges with the business in question, Square will cover those chargebacks for free – up to $250… Read More
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Gift Card Marketplaces Raise Grabs $56 Million From NEA And Others
A company offering a marketplace where consumers can buy and sell their unused gift cards, Raise.com, announced this morning it has taken in a sizable $56 million round of Series B funding, led by New Enterprise Associates (NEA). The additional funding, which brings the company’s total outside investment to $81 million, comes after a period of rapid growth following the release of… Read More
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