A third of all transactions processed by PayPal are now conducted using a mobile device, PayPal COO Bill Ready has revealed, with the company processing more than US$31bn in mobile payments in the fourth quarter of 2016 — up 53% from the same period in 2015... More
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Jaguar brings in-car fuel payments to Shell service stations
Luxury car maker Jaguar has begun integrating a mobile payments system into its vehicles, allowing drivers to use PayPal or Apple Pay to pay for fuel at Shell service stations using an app and the touchscreen found inside their vehicle... More
PayPal launches Slack payments bot
PayPal customers in the US, UK, Australia and Canada can now send money to each other using a PayPal bot on team messaging service Slack... More
Apple Pay most popular mobile payment service among US retailers, survey finds
Apple Pay has the largest percentage of supporting US merchants with 36% accepting the mobile payment service today, up from 16% last year, research released by Boston Retail Partners (BRP) reveals... More
Young Brits adopting mobile wallets
Two thirds of 18- to 25-year-olds in the UK (64%) are using a mobile wallet, while only 14% have “no interest” in doing so, research released by social money transfer app Moneymailme reveals... More
PayPal’s mobile payments volume sees 55% increase in 2016
Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year. More
PayPal extends NFC payments with Discover
US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal... More
Paypal partners with US bank and fintech provider
Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS)... More
JustGiving to aid contactless donations
Online donation platform JustGiving has showcased a prototype for a TapDonate mobile app in collaboration with UK charity Bloodwise that will enables contactless card donations to be made to charities through PayPal Here... More
Carta to host payments and fintech leaders at Mobey Day Toronto
PARTNER NEWS: Carta Worldwide is preparing to welcome leaders from across the payments and financial technology industry to the first Mobey Day in North America, to be held at the Four Seasons Hotel in Toronto from 7-8 December... More
Facebook update brings tokenization to Messenger payments
Facebook has introduced a payments update to its Messenger platform that will allow US businesses who are not integrated with Stripe or PayPal to process payments within both messages and webview using tokenization technology... More
China’s mobile commerce lead over US revealed in IAB report
China is leading the US when it comes to mobile commerce, with nearly twice as many Chinese consumers making a mobile purchase over the previous 12 months than their American counterparts, a study by the Interactive Advertising Bureau (IAB) says... More
Apple Pay ranks fifth in online payments survey
Apple Pay now has a 0.25% share of payments on the top 10,000 websites, analytics firm SimilarTech reveals, ranking in fifth place behind PayPal with a 2.36% lead, followed by the PayPal Subscribe Button (0.98%), Stripe (0.35%) and Braintree (0.32%)... More
PayPal launches Siri payment requests in 30 countries
PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests... More
European millennials demand higher standards for mobile payments services
One fifth of German millennials (21%), more than a third of Dutch millennials (36%) and Italian millennials (37%) and a quarter of UK millennials (25%) are now making mobile payments in-store, online and in-app, research released by UK payments infrastructure operator VocaLink reveals... More
PayPal tops US digital payment preference
More than half of US consumers (60%) are currently using a method of digital payment with the most popular proving to be PayPal, used by 51%, a study conducted by Thales in conjunction with Wakefield Research reveals... More
US consumers trust banks most for payments
More than eight in 10 US consumers (82%) trust banks most to keep their payments safe, research from the American Bankers Association (ABA) reveals... More
PayPal to be payment option in Messenger app
Online payments firm PayPal is to extend its relationship with Facebook and Messenger, becoming a payment option within the messaging app... More
PayPal talks up in-store mobile payments and One Touch adoption
In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20... More
US banks unveil money-transfer app
America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports... More
