The gig economy has operated — and thrived — in a gray area. There has been a question as to whether workers are actually employees or contractors. The classification is far less nebulous as the Labor Department weighed in on the side of companies like...
The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. However, P2P’s future growth will depend on solving problems related to data privacy and other issues — at least, according to...
A trip to a restroom, even in a restaurant in which customers tend to wear slacks instead of shorts, is a relatively simple and even boring affair (stick with us here; we have a point). With the spread of digital payments, one of the luxuries...
San Francisco is joining Philadelphia and New Jersey in barring cashless retailers from the city. According to a report in the Associated Press, the San Francisco Board of Supervisors is expected to vote on the issue at a meeting later Tuesday (May 7). It’s expected...
With the digital payments market heating up in India as major players enter it, Facebook-owned WhatsApp Pay is expected to be a game-changer. According to a report in the Economic Times of India, since Facebook Chief Executive Mark Zuckerberg revealed in April that WhatsApp Pay...
Digital platforms are the backbone of marketplaces and service providers used by millions daily. Payment capabilities, coupled with rapid mobile adoption, have contributed to their rapid growth. According to a new PYMNTS study, Payments 2022, conducted in conjunction with Stripe, in just five years digital...
When digital payments and commerce professionals talk about “friction,” they usually mean reducing barriers that make a consumer pause before buying a new pair of shoes, opening a bank account or similar tasks. Of course, reducing or eliminating those barriers stand as important tasks, as...
Digital payment company Zelle sent $39 billion through its network on 147 million transactions during the first quarter of this year, the company said in a news release. Early Warning Services LLC, which is the network operator behind the company, announced the Q1 news on...
Venmo, the digital payments company, is reportedly considering launching credit cards as a way to profit from its large customer base. According to a report in The Wall Street Journal citing people familiar with the matter, executives at the company have been having talks with banks...
