Apple Pay so far hasn’t inspired people to burn their wallets, but there’s one type of newer digital payment that’s gaining traction. Visa on Thursday said Visa Checkout now has over 20 million enrolled customers. That’s double the 10 million of around the same time last year, but still a fraction of Visa’s 2.5 billion …
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Paying via messaging app is becoming more common, thanks to bots. Facebook Messenger has added another one, via TransferWise, a UK-based global money transfer service. Facebook’s messaging app already supports Alipay, international money transfers via Azimo, PayPal, Stripe and major credit card companies like Visa, Mastercard and American Express. TransferWise makes payments via bot, which could be useful for some …
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PayPal agreed Tuesday to buy a company that lets people go to a convenience store to pay off their bills using cash. No, that experience doesn’t sound all that high tech. So why would the world’s leading digital payments company purchase a firm so focused on walk-in customers and dollar bills? According to PayPal Chief Operating Officer Bill Ready, the …
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Now playing: Watch this: Jumping on AT&T’s cheaper unlimited plan? Not so fast… 2:46 Enlarge Image Sprint’s new value plan has an expiration date. Sprint Sprint’s doing its best to lure in customers with a new plan that seems pretty enticing, especially if you’re paying for several lines as part of a family plan. But there’s a big catch: You’re …
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It’s still no PayPal, but Amazon’s payments service is picking up steam. The online retailer said Tuesday that Amazon Payments has been used by over 33 million customers since it launched in 2013. That’s up from 23 million customers a year earlier. In addition, payment volume nearly doubled last year for the service, which lets people use their Amazon login …
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Sure, ugly Christmas sweaters are a nice gift, but cash is pretty good too. In an effort to make giving cash a little more personal, PayPal on Tuesday came out with a series of digital cards people can use when sending money to friends and family. According to an online survey commissioned by PayPal, the top gift Americans want this …
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When it comes to taking on Apple, turns out Australia’s competition watchdog isn’t happy about Australia’s big banks banding together to boycott the tech giant over Apple Pay. The ACCC has issued a “draft determination” denying three of Australia’s “big four” banks the power to collectively bargain with Apple over its mobile payments app. While the ACCC will still seek …
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On a Friday this month in Manhattan’s Madison Square Park, I chatted with a handful of people about what it was like for them to buy T-shirts, toothpaste or TVs on their phones. I got an earful. “It’s difficult to move around and look for other options,” Munaf Tinwala, a 42-year-old chemical engineer from Long Island, told me. “It’s just …
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Walmart appears to be diving deeper into digital payments. Last week, the retailer unveiled a partnership with JPMorgan Chase to bring the bank’s Chase Pay payment service next year to Walmart.com, the Walmart app and stores using Walmart Pay. This week, a Walmart executive told Reuters the company is in talks with several other mobile wallet providers to offer its …
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For PayPal, the future of commerce is already here — in the palm of your hand. Phones are changing the way we shop, and as such are changing the retail landscape, PayPal CEO Dan Schulman said Tuesday during an onstage interview at The Wall Street Journal’s WSJDLive global technology conference in Laguna Beach, California. “Mobile is blurring the distinction between …
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