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Google Pay Positions Itself as Apple Pay, PayPal and Venmo Alternative

Google Pay Positions Itself as Apple Pay, PayPal and Venmo Alternative

Google, which hasn’t gained as much traction with consumers as Apple for getting people to use their phones for payments at retailers, is switching gears.

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Two Mastercard Execs Predict a Future in Which Passwords and One-time Pins Will Make Way for a More Streamlined Global Payments System

Two Mastercard Execs Predict a Future in Which Passwords and One-time Pins Will Make Way for a More Streamlined Global Payments System

Artyom GeodakyanTASS via Getty Images According to a recent Mastercard global consumer study, more consumers are using contactless cards or their smartphone to make payments, noting a large increase in the use of digital wallets.

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Not Everyone in the Crypto Industry Is Thrilled About PayPal’s Recent News

Not Everyone in the Crypto Industry Is Thrilled About PayPal’s Recent News

While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits beyond the immediate price movement. According to an Oct.

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PayPal to Allow Cryptocurrency Buying, Selling and Shopping on its Network with Venmo to Follow in 2021

PayPal to Allow Cryptocurrency Buying, Selling and Shopping on its Network with Venmo to Follow in 2021

LONDON (Reuters) – PayPal Holdings Inc PYPL.O joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins using the U.S. digital payments company’s online wallets.

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Big Regulation Coming for Big Tech

Big Regulation Coming for Big Tech

Breaking up big tech is a 19th-century competition solution to a 21st-century competition problem. There is a better way.

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Mastercard Post-Pandemic Views on Contactless Payments, Technology and Future Threats

Mastercard Post-Pandemic Views on Contactless Payments, Technology and Future Threats

Mastercard’s Mohamed Abdelsadek on contactless payments, technology and future threats Market trends related to COVID-19 have shifted the dynamics of retail payment security, both online and in-store.

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Venmo Launches Its First Credit Card, Offering Up to 3% Cash Back, Personalized Rewards

Venmo Launches Its First Credit Card, Offering Up to 3% Cash Back, Personalized Rewards

Last October, Venmo announced it would launch its first credit card sometime in 2020. Today, the PayPal-owned company is making good on those promises with the debut of the Venmo Credit Card, initially rolling out to select customers.

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Facebook’s Moves Shake Up ‘Big Tech’ Payments Balance

Facebook’s Moves Shake Up ‘Big Tech’ Payments Balance

America’s tech giants Google, Amazon, Facebook, and Apple continue apace their march into payments. With Google Pay, Amazon Pay, Facebook Pay, and Apple Pay, they’ve put their brands foremost and use payments to boost on-platform engagement and commerce, reinforcing their centrality in consumers’ lives.

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Amazon One: Palm Scanner Launched for ‘Secure’ Payments

Amazon One: Palm Scanner Launched for ‘Secure’ Payments

Amazon has announced a new payment system for real-world shops which uses a simple wave of the hand. Its new Amazon One scanner registers an image of the user’s palm, letting them pay by hovering their hand in mid-air “for about a second or so”, it says. The product will be trialled at two of […]

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Move Over Plastic… Mastercard Expands Digital First Card Program in North America

Move Over Plastic… Mastercard Expands Digital First Card Program in North America

Directly addressing today’s generation, who does everything – from ordering meals to scheduling doctor’s appointments – on their mobile phones or online, Mastercard today announced the expansion of its Digital First Card Program in North America.

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Banks and Big Tech: The Promise and the Peril

Banks and Big Tech: The Promise and the Peril

By Matt Locsin, Global Head of Innovation, Publicis Sapient Big name banks and Big Tech have been signing a number of deals in recent years. Google’s venture into digital checking and savings accounts has enlisted Citi and a number of smaller players, such as BBVA and BMO Harris.

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PayPal, Visa Expand Instant Transfers for Fast Payouts Globally on All PayPal’s Networks

PayPal, Visa Expand Instant Transfers for Fast Payouts Globally on All PayPal’s Networks

The COVID-19 pandemic continues to put huge stress on people’s and businesses’ finances, and in an effort to meet some of the crunch, today PayPal and Visa announced an expansion of a service to get cash into people’s hands faster.

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