Ticketmaster stood accused of scalping this week, the result of two undercover reporters in Canada finding out that the company was allegedly forging relationships with scalpers in secret, in violation of Ticketmaster’s own policies. It’s unclear what, if anything, will come from this. Consumers who...
First Data, the commerce-enabling technology company, announced on Thursday (Sept. 20) that it has inked a deal with Huifu Payment, a third-party payment provider in China, to offer a market-leading global eCommerce solution in that country. In a press release, First Data said the collaboration...
It’s the oldest payments network in the world that you might not be familiar with. Universal Air Travel Plan (UATP) is the oldest payments network in the world — 83 years and counting — and handles an estimated 15 percent of the global air travel...
Paytm is ready to take on its rivals in India by expanding its services and relying on its regional expertise. “The fight is no more about one company, it is about ecosystem players,” Vijay Shekhar Sharma, founder of Paytm’s parent One97 Communications, told Reuters. “If...
Technology is often about finding the right connections, and taking the new and linking it with something familiar. This month, startups such as Modo took on relationships between banking systems and emerging payment systems. Meanwhile, DadeSystems tackled user authentication with single sign-on (SSO) technology that...
What does the future hold for the plastic payment card? Will it go the way of the check — still in use, but seemingly out-of-date, as more consumers use mobile devices for transactions? Or will cards with cutting-edge technology win more loyalty from shoppers? Such questions...
The summer, now drawing to a close, brought significant payments and commerce activity outside the Western world. A new PYMNTS story offers an in-depth look at all the recent digital happenings in India — a country that’s experiencing more competition from the likes of Google,...
Cash continues to command the loyalties of consumers in India. However, as demonstrated this summer, the country is not only embracing digital payments, but increasingly attracting competition from some of the biggest players in the industry. In 2016, Prime Minister Narendra Modi put forth a policy that...
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors...
