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TransferTo Is The Piping That Sends Cash And Phone Minutes To Overseas Friends And Family
Getting lots of money from point A to point B is pretty easy if you have lots of money. If you want to send a little money, however, you run into a lot of problems. That’s where TransferTo comes in. The company, which was founded in 2006 but has recently hit its stride in the international remittance world, can send small amounts of money around the world and customers can receive… Read More
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The PayPal Here Card Reader Comes To U.S. With Support For EMV, Apple Pay, Android Pay & More
With the arrival of Apple Pay and, more recently, Android Pay, consumers are becoming more comfortable with alternative ways of paying that don’t involve credit card swipes. And now, with the U.S.’s transition to EMV – smart cards that store data on chips instead of magnetic stripes, which offers increased security – many business owners will have to upgrade their… Read More
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You’ve Only Got One Shot At Building A Consumer Unicorn
Imagine if the founder of a very successful consumer technology company knocked on your door and offered to get you in on the ground floor of their new enterprise. Almost any VC would jump at the chance, as would most engineers and designers. But I wonder if they’re most often making a mistake? I can point to a number of founders who have had repeat success in B2B markets. 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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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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PayPal Buys Paydiant, The Mobile Wallet Behind CurrentC, To Raise Its Game v. Google + Apple
PayPal, the payments service with 162 million users preparing to separate from e-commerce giant eBay later this year, is announcing an acquisition today to help build out its mobile business targeting physical merchants, and sharpen its focus in competition with other tech payment hopefuls like Apple and Google.
It is buying Paydiant, a startup out of Boston that makes mobile wallet… Read More
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As Google Looks To Expand Wallet Use, WePay Integrates Instant Buy API
Google is reportedly eyeing up an acquisition of Softcard to expand Google Wallet services to more points of sale with retailers; but it also wants to grow its position in the wider world of mobile-based transactions to compete with the likes of PayPal, by way of its Instant Buy API. Originally launched for Android in 2013, today the Instant Buy API is taking a step forward: Google is looking… Read More
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PayPal Here Adds Windows Support, Will Launch An EMV Card Reader Later This Year
The PayPal Here card reader, PayPal’s hardware device that lets merchants accept credit and debit card payments through a dongle attached to their iOS or Android device, is being updated with support for EMV and contactless transactions, the payments company announced today at the National Retail Federation conference taking place this week in New York. An alternative to competitors… Read More
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Back before founding a company was cool, it was a lot easier to get a lot of smart people in a room. Rock stars were hireable because they weren’t forging their own paths. That led to powerhouse teams like the “PayPal Mafia” seen below.