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Alexander Silva is thinking less and less about his bank these days. He uses his Venmo app at least three times a month to pay his rent or reimburse a friend who picks up the check at dinner. “I’ll just Venmo them right then,” says the 25-year-old San Francisco photographer. He’s also been using Apple [...]

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PayPal has announced a change to its plans regarding NFC with two initiatives – an upgrade to its app that will support the technology and an alliance with Vodafone for contactless payments. Customers in the US and Australia will be able to make NFC-based payments using the PayPal app on their smartphones, starting in Q2 2016. In addition, [...]

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and a whole raft of others. There has been plenty of talk about mobile wallets, but now, as the “Pays” begin to roll out we take a brief look at their difference. The infographic above, created by CNN Money, breaks down the major differences between the three major Pays as well as PayPal and Bitcoin methods [...]

The post Mobile wallets – a comparison chart appeared first on Payments Cards & Mobile.

PayPal says it will increase prices for thousands of businesses as the company looks to maintain revenue growth and boost profit margins as a stand-alone business separate from eBay. PayPal says it is introducing for US merchant flat rate of 2.9% plus 30 cents for domestic transactions and 3.9% plus a fee that varies by country for international [...]

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Visa says that online shoppers using its Visa Checkout payment service are 17% more likely to complete their purchases than those using PayPal. Visa Checkout, which allows shoppers to store their payment information without having to re-enter it every time they make a purchase online, said 66% of its enrolled customers completed their transactions after putting items in their shopping [...]

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