Amazon’s Prime Rewards Visa cardholders now get 5% back at Whole Foods if they pay for Prime

 Amazon has already rolled out price cuts for Whole Foods shoppers as a result of its acquisition of the grocery chain. It has also rolled up its Treasure Truck deals service to Whole Foods locations, and began delivering Whole Foods groceries through Prime. Now, it’s offering Prime members 5 percent back at Whole Foods when they shop using the Amazon Prime Rewards Visa card, too. The… Read More

Google’s Tez payments app now lets users handle their utility bills and more

 Google’s Tez payment service in India has got a major update that allows users to pay their utilities and other bills via the app. The service was launched last September for iOS and Android and it initially allowed for payments between bank accounts using India’s UPI (Unified Payments Interface) protocol. Now the app has gotten support to pay for bills from more than 80… Read More

Stripe will establish an engineering hub in Dublin

 Stripe will open its first engineering center outside the United States in Dublin, the company told Reuters today. Dublin isn’t a surprising choice. Though the online payment processing provider is based in San Francisco, its founders are Irish and Stripe’s European headquarters are already in the Irish capital, where it has about 100 employees. Reuters says Stripe will hire… Read More

Ripple announces XRP trial with cross-border remittance firm MoneyGram

 Well, well, well. Ripple, the company behind the controversial XRP cryptocurrency which has been criticized for obfuscating the nature of its partnerships with financial organizations, has announced a tie-up with global payment network MoneyGram. MoneyGram, which saw a $1.2 billion acquisition from Alibaba’s Ant Financial affiliate collapse following security concerns from the U.S. Read More

Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

 B Capital, the investment firm from Facebook co-founder Eduardo Saverin that is backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The U.S.-Asia fund is investing $10 million into Mumbai-based Mswipe alongside DSG Consumer Partners in what is an extension to a Series D round announced this summer. Originally pegged at… Read More

Apple Pay Cash starts rolling out to iPhone users in the US

 Apple Pay Cash is finally starting to roll out to users in the States, bringing the ability to send other iOS users payments directly through iMessage. The update is arriving piece by piece to those who’ve downloaded iOS 11.2, which launched two days back with a not-yet-live version of the feature. Apple Pay Cash was announced back in June at WWDC. However, the company added ahead of… Read More

Apple Pay Cash starts rolling out to iPhone users in the US

 Apple Pay Cash is finally starting to roll out to users in the States, bringing the ability to send other iOS users payments directly through iMessage. The update is arriving piece by piece to those who’ve downloaded iOS 11.2, which launched two days back with a not-yet-live version of the feature. Apple Pay Cash was announced back in June at WWDC. However, the company added ahead of… Read More

Apple Pay Cash starts rolling out to iPhone users in the US

 Apple Pay Cash is finally starting to roll out to users in the States, bringing the ability to send other iOS users payments directly through iMessage. The update is arriving piece by piece to those who’ve downloaded iOS 11.2, which launched two days back with a not-yet-live version of the feature. Apple Pay Cash was announced back in June at WWDC. However, the company added ahead of… Read More

Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

 Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $2 billion from SoftBank and China’s Didi Chuxing, rolled out support for its GrabPay service among third-party merchants for the first time today. Grab is present in seven markets across… Read More

Apple Pay now in 20 markets, nabs 90% of all mobile contactless transactions where active

 While we are going to have to wait a little longer for Apple to launch payments in iMessage, this weekend, Jennifer Bailey, Apple’s VP of Apple Pay, announced a series of other milestones for the digital wallet and payments service that competes against the likes of Android Pay from Google, Samsung’s wallet and others efforts from retailers and banks. The advances point to how… Read More