In today’s top payments news around the world, JD.com is working with China’s central bank to advance cryptocurrency, while U.S. WeChat users are reportedly racing to get the Chinese mobile payment, messaging and social media program. Plus, digital payment provider Ant Group is looking for a...
Digital commerce was undeniably progressing in the Middle East and North Africa (MENA) in the pre-COVID world – particularly in Jordan, CEO Imad Aloyoun of Jordanian payments platform Dinarak told PYMNTS in a recent conversation. But Aloyoun said it was happening unevenly. Women, refugees, the...
QR codes have become the star player on the digital payments stage in China and throughout Southeast Asia. Consumers and businesses are wholeheartedly embracing mobile wallets powered by QR codes as the best way to pay, pretty much no matter where they are – or...
The conventional wisdom may hold that creative types — musicians among them — are not the savviest of business mavens. Anecdotes abound, of course, in the popular music industry of artists who had huge hits — and rarely saw much cash flow, as royalties were...
It’s been said that “gamblers find things to gamble on.” Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. With casinos also partly or mostly out of...
The pandemic gave quick-service restaurants (QSRs) incredible motivation to get their digital acts together. When in-house dining ceased to be an option, QSRs found they needed to pivot to make it easier for their customers to carry out food. That meant a bigger embrace of...
Square Inc. on Tuesday (Sept. 15) announced the launch of two new features the company says will make payroll easier for employers and employees alike. The new “Instant Payments” offering lets employers fund payroll in close to real time, eliminating the lag between when funds...
The COVID-19 pandemic is fueling contactless payments as one financial mobile app company says without a public health crisis, it would have taken three years to see such a reduction in the use of cash. Square Inc., the San Francisco-based mobile payment company, said Tuesday...
Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 million credit card customers to more easily manage and pay their balances. The bank’s “Pay by Bank” platform will be enabled by...
