payments

Amazon.com Inc (NASDAQ: AMZN) has announced that it will stop accepting PayPal Holdings Inc's (NASDAQ: PYPL) Venmo as a payment method for subscriptions starting January 2024. As a result of this policy change, Amazon customers who have been using Venmo will need to explore other payment...

Shares of Western Union Co (NYSE: WU) lost around 5% over the last five trading sessions. Western Union’s turnaround needs to be considered as a “show-me” story and investors must wait for more evidence of the company being able to generate durable revenue growth, according...

Jack Dorsey-led Block Inc (NYSE:SQ), formerly Square, will be reporting its third-quarter earnings on Nov. 2, after market hours. Block is a popular name in the FinTech space. The company’s offerings facilitate mobile payments and provide a variety of services primarily aimed at small and...

Financial technology company PayPal Holdings (NASDAQ:PYPL) reported third-quarter results after the market close Wednesday. Here are the key highlights. What Happened: PayPal reported third-quarter revenue of $7.4 billion, which was up 8% year-over-year. The revenue beat a Street consensus estimate...

Leading the charge in the financial industry's digital transformation, Sherri Haymond ensures consumers can effortlessly conduct their day-to-day transactions, bridging the gap between both small and large players with their target consumers. With more than 20 years of experience in the...

Turkish e-commerce platform, Hepsiburada (NASDAQ: HEPS) signed a five-year agreement with Visa (NYSE: V) to ensure that the former’s digital prepaid cards are accepted worldwide for both online and physical purchases. The partnership is between Hepsipay and Visa to provide fast, secure, and...

Looking to offer new opportunities for consumers across the world, Honda Motor Co Ltd. (NYSE: HMC) expanded its payment options. Honda now has a list of around 46 cryptocurrencies that could be accepted for payment. What Happened: Tokyo-based car company, Honda Motor ...

Digital payments behemoth Visa (NYSE: V) invested in London-based payments platform Form3 through a commercial partnership. This will enable Visa clients to minimize fraud while sending and receiving real-time account-to-account payments with the help of Form3's fraud-detection...

JPMorgan Chase & Co. (NYSE:JPM) is reportedly exploring the development of a blockchain-based digital deposit token to enhance the efficiency of international transaction settlements. As Bloomberg reported, the largest bank in the U.S. has already laid the groundwork for this...

Barclays PLC (NYSE: BCS) is reportedly mulling the sale of a stake in the U.K. merchants' payment processing unit as the bank is seeking a partner to boost the business. The business could be worth at least £2 billion ($2.5 billion), based on an EBITDA of about £300...

In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. (NASDAQ:PYPL) announced Monday the launch of a new U.S. dollar-denominated stablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant...

Despite the ongoing digitization of payments, this industry is still struggling to meet the growing demands of the public. Because of this, many financial market players are looking towards blockchain as a potential way to speed up the process. Blockchain is a groundbreaking technology that offers...

This article was first published on the Benzinga India Portal. Amazon.com, Inc's (NASDAQ: AMZN)'s digital payment division aims to leverage its traditional mobile wallet service to reestablish itself in the consumer payment market in India.  What Happened?  Amazon...

PayPal Holdings, Inc (NASDAQ: PYPL) gapped up slightly to start Monday’s trading session and was rising about 1.4% intraday. The company is set to print its first-quarter financial results after the markets close. Analysts expect the company to report EPS of $1.10 on revenues of $6.98 billion...

Jack Dorsey’s fintech company Block Inc (NYSE: SQ) is responding to a Thursday short report issued by Hindenburg Research that accuses Block of misleading investors and taking advantage of the people it claims to help. Block Says Short Report 'Misleading':...