Tag Archives: Payment

Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case

  By Associated Press January 19, 2024 Apple has promised to open up its tap-and-go mobile payment system to rivals, the European Union said Friday, as the U.S. tech company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions. Apple proposed letting third-party mobile wallet and payment service providers access … Continue reading Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case

Venmo’s new group payment option will help settle up your friends’-getaway costs

  By Jessica Bursztynsky November 14, 2023 Digital payments app Venmo is rolling out a new feature that allows users to create groups to track and settle up multiple expenses. The feature is meant to cut out the need for spreadsheets and other third-party apps, such as Splitwise, before sending expenses to friends. It will … Continue reading Venmo’s new group payment option will help settle up your friends’-getaway costs

4 Best Payment Processing Solutions for Small Businesses (2023)

4 Best Payment Processing Solutions for Small Businesses (2023) Syed Balkhi / Oct 26, 2023   Navigating the digital landscape can be a bit of a headache for small businesses, particularly when handling online payments. Sure, big names like Stripe and PayPal are out there. However, integrating these platforms isn’t always a walk in the … Continue reading 4 Best Payment Processing Solutions for Small Businesses (2023)

Critical Vulnerability in WooCommerce Stripe Payment

Critical Vulnerability in WooCommerce Stripe Payment Deanna Ritchie / Jun 16, 2023   Security holds paramount importance in the realm of e-commerce, where online stores must safeguard their customers’ personal information. Unfortunately, a critical vulnerability has been uncovered in the widely used WooCommerce Stripe Payment Gateway plugin, posing a significant risk to hundreds of thousands … Continue reading Critical Vulnerability in WooCommerce Stripe Payment

Etsy warns of merchant payment processing delay due to Silicon Valley Bank collapse

Roku says it could lose 25 percent of its cash after Silicon Valley Bank fails   Karissa Bell @karissabe The sudden collapse of Silicon Valley Bank has put more than a quarter of Roku’s cash at risk. The streaming company had $487 million, representing 26 percent of its cash, in Silicon Valley Bank, the company … Continue reading Etsy warns of merchant payment processing delay due to Silicon Valley Bank collapse

FTC orders Mastercard to open debit transactions to competing payment networks

EU charges Apple over NFC payment restrictions on iOS devices   Matt Brian @m4tt As the European Commission continues to look into whether Apple has abused its market dominance by restricting mobile payments on iOS devices, Executive Vice-President Margrethe Vestager today confirmed that it has formally charged the iPhone maker, which could result in a … Continue reading FTC orders Mastercard to open debit transactions to competing payment networks

9 Things to Consider When Integrating a Payment Gateway Into Your Mobile App

9 Things to Consider When Integrating a Payment Gateway Into Your Mobile App Albert Smith / 12 Apr 2022   With the use of mobile phones and different applications, people now look forward to making payments to various vendors. If you want to develop an eCommerce financial app, it is quite important to integrate a … Continue reading 9 Things to Consider When Integrating a Payment Gateway Into Your Mobile App

Payment Processing For SaaS: 9 Common Obstacles & Solutions

Amit Dua January 16, 2022 Did you know that the estimated global market value of SaaS companies in 2021 is around $ 123 billion? While these stats show that SaaS is the most expanding industry, many startups take their company’s payment processing for granted. Ideally, a standard SaaS Company will provide their customers to pay … Continue reading Payment Processing For SaaS: 9 Common Obstacles & Solutions

SWIFT GPI: The New Norm for Cross-Border Payment For Businesses

Mahipal Nehra December 6, 2021 With the digitalization of the financial industry, corporate treasurers are putting pressure on financial institutions to offer faster and convenient payments across borders. They are also demanding more granular and transparent data of the payment deductions and credits. Global Payment Innovation or GPI has been launched by SWIFT to improve … Continue reading SWIFT GPI: The New Norm for Cross-Border Payment For Businesses