PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee building ecommerce and payments capabilities into the social network... More
E-payments
Square adds invoices
Square has added invoicing to its Register service, allowing sellers to “get paid fast with free unlimited invoices and no monthly service fee”... More
Bitcoin gets Facebook transfers
US startup QuickCoin is making it possible for Facebook users to send Bitcoins to friends from within the social networking platform... More
Finnish banks call for real-time payments
Finland’s banks are inviting proposals to replace their existing urgent payment system with a real-time system operating 24 hours a day, every day... More
Mobile payments to overtake cards within ten years
Mobile payments will represent 15% of all card transactions by 2013, and will overcome card volumes within 10 years if growth continues at the same rate, according to the World Payments Report 2011. More