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Venmo blacklists thousands of accounts as fraud losses mount
It was only a few months ago that we published a report on the growth of P2P payments and what a success they were. Now teething pains have hit Venmo... more
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P2P payments market competition hots up as Square Cash app hits the top
It has been an interesting few weeks in the P2P payments market. It all began when Snapchap announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on... more
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Snapchat kills P2P payment service Snapcash
Snapchap has announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on August 30. Snap launched Snapcash in late 2014 via a partnership with Square, but it... more
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Facebook Messenger launches P2P payments in the UK
Facebook Messenger is enabling people in the UK to send money to each other via P2P payments in its Messenger texting app for the first time. The social network said Monday that Messenger users in the UK will be able to send money to each other when the feature rolls out in the next few weeks. [...]
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Visa launch real-time payments platform Visa Direct in Europe
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa Direct enables person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) payments. With Visa Direct, funds can be transferred into the recipient’s [...]
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