Payments & Commerce

The latest news in Payments & Commerce industries.

Now US Users Can Spend Their Money Directly on Instagram
March 20th, 2019

Instagram brings a new in-app checkout feature allowing users to shop products without leaving the app. This way Instagram plans to reduce traffic leakage and tap into users’ impulsive buying behavior.

FIS Buys Worldpay for $35 Billion Piling Pressure on Rivals
March 19th, 2019

WorldPay has been bought by Florida-based Fidelity National Information Services (FIS) for $35bn in cash and shares, plus WorldPay’s debt.

Ripple’s XRP Can Now Be Used at 3.3 Million Online Stores Globally
March 18th, 2019

All users have to do is to download the plugin on GitHub and follow the instructions that came with it to begin accepting XRP. 

Alibaba Group Wins the Dispute Over Alibabacoin Trademark
March 18th, 2019

Alibaba Holding Group finally triumphed in their pursuit to forbid using the term ‘Alibaba’ in the Alibabacoin, created by the ABBC Foundation, previously known as Alibabacoin Foundation.

Ant Financial’s Alipay Rapidly Forays Into Europe
March 15th, 2019

Owing to Ant Financial’s partnership with Barclaycard, UK retailers will be able to offer their clients a possibility to pay via Alipay app.

Amazon Just Made Online Shopping More Competitive
March 12th, 2019

Facing intensifying criticism from politicians and sellers on Amazon’s aggressive policies quite for a while, the company finally decided to let third-party sellers offer lower prices on other sites.

UK Bank NatWest Debuts Credit Cards with Built-In Fingerprint Reader
March 12th, 2019

NatWest Bank will debut new NFC payment cards with built-in fingerprint scanners for testing in mid-April in an attempt to curb down theft cases associated with payments via credit and debit cards.

Samsung Unveils Galaxy S10 dApps, Believed to Save the Dwindling Crypto Market
March 11th, 2019

Samsung may have offered the entire crypto market a lifeline through the introduction of new devices with built-in crypto support features enabling users to transact using digital tokens.

XRPL Labs Pushes XRP to Mainstream Bringing XRP Payment Plugin to WooCommerce
March 11th, 2019

To push forward XRP mainstream adoption, Ripple-backed XRPL Labs wants to add XRP payment plugin to the WooCommerce platform.

Mercury FX Makes History Completing First Commercial Payment with Ripple’s xRapid
March 7th, 2019

Ripple’s xRapid allowed Mercury FX to complete the payment in a few seconds compared to 31 hours usually required. What is more, the fees saved made up $102.