#payments

#payments

X's payments platform is set to launch later this year in partnership with Visa, enabling secure P2P payments.

Elon Musk's X platform plans to launch X Money, enabling peer-to-peer payments and integration with users' debit cards, in Q1 2025.

New partnerships enhance ecommerce tools for merchants, focusing on payments, compliance, and AI-driven solutions.

Alternative payment methods like pay-by-bank are set to gradually overtake traditional credit cards in ecommerce.

Companies are offering new products for ecommerce and omnichannel merchants with updates on drone deliveries, AI, social commerce, composable commerce, fulfillment, and cross-border payments.

Skyfire is pioneering a payment solution to empower AI agents with autonomous transaction capabilities while ensuring user control and security.

WhatsApp can now roll out its payments service to all its users in India, marking a significant regulatory victory.

The speed of technological change is accelerating, reshaping consumer expectations in commerce and finance.

Amazon is considering launching a standalone app for Amazon Pay to increase its usage in India.

Lightspark provides enterprise-grade infrastructure for global Bitcoin Lightning Network payments.

Form3 raised $60 million to enhance its payment services amidst a challenging global economy.

Cash App has faced scrutiny for making it difficult for users to recover funds from fraudulent transactions.

Object Limited reportedly left customers and sales reps unpaid, shutting down communications abruptly amidst fraud allegations.

Lightspark has launched Lightspark Extend, allowing U.S. businesses to facilitate instant Bitcoin payments using the Lightning Network for eligible accounts.

SoftBank's Akshay Naheta is pioneering efforts to revolutionize global payments with Distributed Technologies Research, bridging traditional banks and blockchain.

Money orders are useful for payments when credit cards or checks aren't accepted, ensuring payment privacy.

The convergence of shopping and financial services is a growing trend, with consumers preferring cross-channel shopping experiences.

Vipps provides a competitive alternative to Apple Pay by accessing the NFC chip on Apple devices in Norway.

Technology enhances holiday celebrations, particularly during Halloween, blending nostalgia with modern experiences.

Walmart is introducing instant bank transfers for online purchases, enhancing payment processing efficiency and addressing customer needs for immediate access to funds.

The HyperRing's second-generation payment ring enables seamless contactless transactions abroad with robust security features and stylish designs.

The European Embedded Finance market is projected to reach €180 billion by 2028.

Dogecoin's price spikes are greatly influenced by Elon Musk's comments and developments related to payments services.

Ferrari will start accepting cryptocurrency payments in Europe from late July, expanding to other countries by 2024.

Stripe is enhancing its cryptocurrency capabilities by acquiring stablecoin platform Bridge for $1.1 billion.

Triangle has been acquired by Bridge, which is itself being pursued by payments giant Stripe.

Bridge is developing a global stablecoin payments network to simplify cryptocurrency payments for companies.

Stablecoins help businesses engage in crypto without volatility but require links to traditional finance.

TSB customers experienced payment issues, especially with salaries and child benefits, prompting the bank to work on a resolution and assure no excessive charges.

Many Greggs stores in the UK closed due to technical issues, only accepting cash payments.

Other major chains like Sainsbury's, Tesco, and McDonald's have also faced IT problems in recent days.