One97 Communications, the company that owns Paytm, the payment app, has reportedly breached the $4 billion in monthly gross transaction value. According to a report in Livemint, citing Paytm, the number of transactions also hit 1.3 billion in the June ending quarter. “Paytm has been...
Parking is the boring, often maddening, offshoot of driving. No one — save that friend of yours who always lucks upon the perfect spot on Friday nights — tells romantic stories about squeezing between two SUVs. Nor do musicians write songs about taking long trips...
Are consumers shifting the way they make direct payments to billers? A new report suggests so, but there remain questions about the effectiveness of direct billing plans. The news peg? According to a new report from Aite, 73 percent of U.S. online bill payments made...
Venmo is getting into cards. The peer-to-peer payment app owned by PayPal said Monday (June 25) that it has launched a Mastercard-branded debit card. The aim, according to the company, is to enable consumers who use Venmo to spend their balances in more places. Any...
Here are two ideas that appear contradictory, but are combining in a way that could significantly change convenience store commerce and payments: First, those retail locations, once dismissively called “gas stations” — where hot dogs resided under heat lamps for days on end — are developing into...
Mastercard, the payments company announced Thursday (June 21) that it inked a partnership with Refinery29, in which they will bring a new element to the interactive festival of style, culture and creativity as the 29Rooms official payment technology partner. 29Rooms is an exhibition made up of...
The gas station — and the convenience store — experience. Reimagined. One need no longer schlep out of the car to the pump, braving hail and sleet to find a numb-fingered grip on the nozzle to fill the tank, fumbling for a card to insert...
The joy of renting a new apartment also comes with misery: Handing over a large sum of money to the landlord for a security deposit, which then sits useless in an account, earning virtually nothing. Not only do tenants dislike that payment ritual, but — and...
The QR Code has been enjoying some love and attention over the past few weeks, though the prospects for the digital payment tool remain relatively limited outside of Asia, at least according to one report. First up, EMVCo, the global technical body that manages those...
