What's New in Payments

Canadian credit unions add Google Pay support for domestic debit cards

Canadian credit unions expand mobile payments with Interac Debit on Google Pay — Canadian Credit Union Association — “The Canadian Credit Union Association (CCUA) announced today that Access Credit Union (MB), Affinity Credit Union (SK), Assiniboine Credit Union (MB), Innovation Credit Union (SK), Prospera Credit Union (BC), Servus Credit Union (AB) and Steinbach Credit Union (MB) are the first credit unions in Canada to launch Interac Debit on Google Pay.”



What's New in Payments

Starling Bank lets customers use a single debit card to pay in multiple currencies

Starling Bank launches euro debit card so business and personal customers can spend in two currencies with one card — Starling Bank — “To start using the new Euro Card feature, Starling account holders, both business and personal, must open a euro account… Once it’s open, they can transfer money from their business account to their euro account with a single tap in the app… Their existing debit card can [then] be switched on (in-app) to operate in either pounds or euros, depending on the currency of the transaction.”



What's New in Payments

Uber moves into financial services with new Uber Money division

Uber announces deeper push into financial services with Uber Money — CNBC — “The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards. The emphasis, at first, will be expanding Uber’s efforts to give its four million-plus drivers and couriers around the world access to a mobile bank account so they can get paid after each ride. Uber could one day offer a bank account to consumers on its platform, according to Uber Money head Peter Hazlehurst.”







What's New in Payments

Google Pay reports 67m users in India

Four smartphones being used for GooglePay transactions

“In the last 12 months alone, we’ve grown more than three times to 67 million monthly active users, driving transactions worth over US$110bn on an annualised basis, with hundreds of thousands of offline and online merchants,” Caesar Sengupta, vice president of Google’s next billion users initiative, has revealed... More


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