In the latest Data Drivers, Hyperwallet SVP of digital markets Michael Ting weighs in on the evolving landscape for gig workers -- and the fact that when it comes to getting paid, time is of the essence. 84 percent of workers would do more if...
Carrying wads of hard currency in an overstuffed wallet has ceased to be fashionable, thanks to the advent and proliferation of plastic money and cashless digital payment mechanisms. In countries like the United Arab Emirates (UAE), which ranks seventh in a UN list on migrant populations,...
Where cash is hard to find, therein lies boon and bumper crop for digital payments. Reuters reported that in Venezuela, the economic crisis has fostered an embrace of electronic payments, done via mobile device. The newswire stated that everyone, “from vegetable sellers to taxi drivers,” has...
WhatsApp is testing a payment ability in India which will enable users to send money to other users of the mobile app. Citing sources familiar with the company’s plan, TechCrunch reported the service is currently in beta tests. WhatsApp has opted not to make an...
If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. The paper chase is one that insurance carriers and policyholders would like to forget — the statements in the mail, the...
The year was 1999. eBay, then four years old, bought payments provider Billpoint to improve the payments experience on its site. When eBay first launched in 1995, the primary way that buyers and sellers did business was via paper check and snail mail. Back then,...
SoftBank, the Japanese company that just acquired a stake in Uber, is mulling creating a digital payments service aimed at taking on competitors like PayPal, Apple and Alipay. According to news from The Times, citing various sources, SoftBank is contemplating supplanting the leading players in the digital...
Workers in the gig economy don’t always get paid as quickly as they’d like. Drivers for Uber, for example, have their payments calculated on a weekly basis that begins and ends each Monday at 4:00 A.M. Lyft, too, calculates driver payments on a weekly basis....
LG Electronics, the South Korean technology company, is gearing up to roll out a mobile payment system for U.S. consumers. Citing LG, the Yonhap News Agency reported that the payment system will be launched in the first part of 2018, timed to coincide with the...
