Google Pay Announces Important Changes For U.S. Accounts – Effective April 5, 2021
With Google launching its redesigned Google Pay app in the U.S., the company is making additional changes to the Google Pay program. Here are the…
New Study Finds Digital Wallets Eclipse Cash at Point of Sale
In 2020, eCommerce spending grew at the fastest rate in five years, while usage of cash for in-store payments fell sharply, as global consumers made…
Afterpay and Stripe Partner to Offer ‘Buy Now, Pay Later’ Payments for Merchants
SAN FRANCISCO, Feb. 24, 2021 /PRNewswire/ — Afterpay (ASX: APT) the leader in “Buy Now, Pay Later,” today announced a partnership with Stripe, the technology company building economic infrastructure…
USPS Package Volume Increased 25 Percent During Holiday Season – Plus Q1 2021 Financial Results
USPS employees continue to serve the nation during the pandemic COVID-19 impacts result in record-breaking 25 percent growth in holiday Shipping and Package volumes –…
PayPal Ends 2020 With 377 Million Active Subscribers – Q4 and Full Year Earnings Call Highlights
This week PayPal released their fourth-quarter earnings report, which like Amazon and eBay‘s earnings reports includes the busy holiday season. Total Payment Volume (TPV) of…
Payment Platform Payoneer to Become a Public Company
Global payment platform Payoneer and FTAC Olympus Acquisition Corp., a special purpose acquisition company, announced they have entered into a definitive agreement and plan of…
Digital Wallet Spend to Exceed $10 Trillion Globally in 2025; Driven by Rising eCommerce & Contactless Spend
A new study from Juniper Research has found that total spend globally via digital wallets will exceed $10 trillion in 2025, up from $5.5 trillion in 2020….
PayPal Begins Accepting PPP Loan Applications Again
PayPal says it is now accepting applications for small business loans through the US Small Business Administration (SBA) Paycheck Protection Program again. The SBA started…
PayPal Takes 100% Ownership in Chinese Payment Processor GoPay – How It May Benefit US Online Merchants
PayPal has become the first foreign third-party payment processor to take a 100% stake in a Chinese payments firm, following its acquisition of the remaining…
BBVA USA Shutting Down Online Banks Azlo and Simple Ahead of Completing Acquisition by PNC
Customers of online banks Azlo and Simple received notices today that parent company BBVA USA has decided to shut down the two banks, providing few…