Payments & Commerce

The latest news in Payments & Commerce industries.

Mastercard Wins U.S. Patent for Reducing Crypto Transactions Times
July 18th, 2018

Mastercard has filed a patent application for a method of connecting blockchain-based assets to fiat currency accounts which will help to speed up crypto payments.

Credit Card Giant American Express Files a Patent for Blockchain-based Proof-of-payment Technology
July 16th, 2018

The newly proposed blockchain system helps to provide concrete evidence of the transactions between merchants and customers in addition to the traditional receipts.

Desktop Version of Google Pay Gets New Design with the New User Interface
July 9th, 2018

Google’s mobile payments and loyalty platform has a new look for the already established features, plus new tools to help track payments and others.

PayPal Launches MasterCard-branded Debit Card for Its Mobile App Venmo
June 26th, 2018

Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.

Ant Financial Launches Blockchain-based Money Transfers Between Hong Kong and the Philippines
June 25th, 2018

Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.

Monster Products will Run $300 Million ICO to Change the Way Their Business is Done
May 31st, 2018

Financial losses haven’t made Monster give up. The company is going to upgrade its business raising $300 million from the future ICO.

Goldman Sachs Leads The $250 Million Series E Funding Round of Tradeshift
May 31st, 2018

The latest funding will be used towards Tradeshift’s growth initiatives along with strategic investments in blockchain and artificial intelligence.

Basepay Enables Users to Pay with Cryptos at 40M Locations After Integration with Apple Pay and Google Pay
May 14th, 2018

Thanks to Basepay ambitious plans, cryptocurrency payments will soon become available to a great number of people all over the world.

‘There Will Be No More Credit Cards in 20 Years,’ Says PayPal CEO Dan Schulman
May 8th, 2018

Dan Schulman, PayPal CEO, said that as the popularity of PayPal and its mobile payments platform Venmo grow, traditional methods of payment will be replaced by digital alternatives, which means that there will be no credit cards in 20 years.

With Zeex Platform Online Shopping Finally Goes Anonymous
May 3rd, 2018

Despite companies like eBay, Amazon, and Alibaba have changed the way people purchase consumer goods, there are still certain gaps in the e-commerce industry, and private data protection is the major one.