Payments & Commerce

The latest news in Payments & Commerce industries.

Mastercard Unveils New Credit Card with a Built-in Fingerprint Scanner
April 20th, 2017

On Thursday, the credit card provider announced a new biometric card that will let users to complete transactions without entering their personal identification number.

PayPal Teams up with Android Pay to Make Paying with Your Mobile Phone Easier
April 18th, 2017

Android Pay users in the US will soon be able to make payments with their PayPal balances at thousands of new retailers, including Walgreens, Dunkin’ Donuts and Subway.

Alibaba’s Ant Financial Raises Offer for MoneyGram to $1.2B
April 17th, 2017

The merger with Ant Financial will provide MoneyGram with resources to further develop its technology, systems and anti-money laundering and compliance programs.

Alibaba’s Ant Financial Extends Mobile Payment Services to Indonesia
April 13th, 2017

Ant Financial is set to bring mobile payments technology to customers in Indonesia via a new partnership with major local media company Emtek.

Facebook Launches Group Payments in Messenger App
April 12th, 2017

With the new payments functionality, the social media networking giant will enable Messenger users to send funds to several members of the group chat.

Western Union Announces Apple Pay Support for U.S. Mobile Money Transfers
April 7th, 2017

Offering Apple Pay as a payment method in the US and later to the UK, Western Union allows customers to conveniently and reliably transfer money whenever they want.

FinTech Company Tramonex Partners with WeChat to Boost Their WeChat Pay Feature
April 5th, 2017

The cooperation will allow the increasing number of Chinese travelers in the UK to purchase goods and services via the WeChat Pay application on their mobile phones.

Samsung Partners with Visa to Bring Samsung Pay to Online Merchants
March 30th, 2017

Later this year, Samsung Pay will be available at hundreds of thousands of merchants around the world where Visa Checkout is accepted.

LG Electronics to Launch Its Mobile Payments System in South Korea in June
March 22nd, 2017

LG must have solved the problems it encounted during testing in 2016 and is preparing to launch LG Pay in June.

Samsung Galaxy S8 May Use Your Face to Verify Mobile Payments
March 16th, 2017

The new Galaxy S8 may become the first device to use facial-recognition technology for mobile payments verification.

SXSW 2017: Visa’s New Preload Contactless Payment Card is a Pair of NFC Sunglasses
March 15th, 2017

Buyers will no longer need to use their debit cards to pay for purchases as the credit card giant developed a new pair of glasses embedded with a tiny payment chip.

JP Morgan Chase to Acquire Payments Technology from MCX
March 14th, 2017

The bank will buy the technology, developed by Merchant Customer Exchange (MCX), to drive the expansion of its smartphone payment application Chase Pay.

Samsung Pay is Now Live in India
March 7th, 2017

South Korean electronics giant is officially launching its mobile payment platform in India, following a successful trial of the platform last month.