Mobile increasingly important to Citi's ThankYou Rewards program

Mobile increasingly important to Citi's ThankYou Rewards program

Mary Hines, managing director of customer engagement and innovation at Citi, gave the opening keynote in Chicago Monday at the annual CONNECT: The Mobile CX Summit and spoke about how the rising interaction between consumers and their mobile devices

SoftBank establishes plans for new mobile wallet in Japan

PayPay Corp., a joint venture established by SoftBank Corp. and Yahoo Japan Corp., announced the company will launch in fall 2018 a QR code-based mobile payments service called PayPay, according to a press release.  PayPay Corp.

Venmo continues to shine for PayPal

PayPal continues to see success with Venmo as the mobile person-to-person app accounted for more than $14 billion in total payment volume in the second quarter that ended June 30, according to PayPal's latest quarterly statement. Venmo overall has processed...

Going my way? Uber to add Venmo option to split rides

Uber customers in the U.S. ordering rides and food will soon be able to pay with their Venmo balance, linked bank account, credit card or debit card which will allow them to split the cost with friends and family in...

PayPal rolls on with another acquisition, this time for Simility

PayPal is acquiring Simility, a fraud prevention and risk management platform, for a purchase price of $120 million in cash, subject to certain adjustments. PayPal said the acquisition will enhance its ability to deliver fraud prevention and risk management solutions...

PayPal acquires yet another company with $400M Hyperwallet deal

PayPal this week agreed to acquire Hyperwallet, a global payout platform, in a deal worth $400 million in cash. PayPal said in a press release the acquisition of Hyperwallet enhances its payout capabilities, improving the company's ability to provide an...

PayPal eyes servicing SMBs with $2.2B iZettle acquisition

PayPal eyes servicing SMBs with $2.2B iZettle acquisition

PayPal made the largest acquisition in its history Thursday when it announced an agreement to purchase iZettle, commonly referred to as the European Square.

Perception doesn't match reality in the US payments industry

Perception doesn't match reality in the US payments industry

Bank of America's Head of Digital Banking Michelle Moore and PayPal CEO Dan Schulman each made separate comments the past couple of weeks about the future of digital payments in the U.S. The problem is that right now, they're way off.

PayPal, Visa expand strategic partnership into Canada for digital, mobile payments

Visa and PayPal are expanding their strategic partnership in Canada to accelerate the adoption of secure, reliable and convenient digital and mobile payments for consumers and merchants in Canada, according to a press release. The two companies are already collaborating...

Barclays, PayPal form pact over digital payments

Barclays has announced a strategic partnership with PayPal that is designed to enable customers to manage and use their Barclays and PayPal accounts together with greater ease, for the first time, according to a press release. Barclays said the partnership...

PayPal officially launches Samsung Pay partnership

PayPal this week officially launched its partnership with Samsung Pay, which will enable consumers to use PayPal within Samsung Pay and make purchases at the millions of retailers that accept Samsung Pay. PayPal announced the partnership in July. The partnership...

PayPal, Safaricom partner on digital funds transfers in Kenya

PayPal and Safaricom this week announced what the companies are calling a revolutionary collaboration that enables Kenyans to easily transfer funds between their M-Pesa and PayPal accounts. The service is now live and available to all Kenyans with qualifying PayPal...

Why eBay changed course with PayPal: Control, data, cost and user experience

Why eBay changed course with PayPal: Control, data, cost and user experience

Ralf Gladis, CEO of Computop, examines why he believes eBay made the change.

Adyen nabs eBay processing deal; PayPal stays on as checkout option

PayPal's time as eBay's primary payments processor will come to an end in a couple of years as the popular online marketplace has signed an agreement with Adyen. PayPal will continue to be a payments option at checkout for eBay...

PayPal sets the pace for the payments industry in 2018

PayPal sets the pace for the payments industry in 2018

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

PayPal's TIO Networks says data breach affected 1.6M users

TIO Networks, a bill-payment platform PayPal acquired over the summer, announced a security vulnerability may have affected the personal information of some 1.6 million customers, according to multiple media reports. PayPal acquired TIO Networks in July for $238 million in...

PayPal launches domestic operations in India

PayPal has launched operations in India at a time when more Indian consumers are using mobile wallets as the government continues to push a cashless society. At launch, Indian consumers can use PayPal to shop online at some of India's...

MasterCard, PayPal expand partnership outside US

MasterCard and PayPal are significantly expanding their longstanding partnership into Europe, Canada, Latin America and the Caribbean and the Middle East and Africa that's meant to enhance customer choice, optimize the consumer experience and make MasterCard a clear payment option...

In Depth: Payments industry was (mostly) quiet this summer

In Depth: Payments industry was (mostly) quiet this summer

Mobile Payments Today takes a look back at the top stories from the past three months.

Nintendo gamers can use PayPal to make game purchases

Consumers with a Nintendo Switch now can use PayPal to make purchases with their Nintendo eShop accounts directly from the game console. Game also can use PayPal on the official Nintendo website to fund balances and to purchase software downloads...

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Mobile increasingly important to Citi's ThankYou Rewards program