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Paytm goes to Bollywood
The two companies will form a loyalty program with a payment card that accesses monetary incentives as well as trips to move shoot locations, reports
Paytm has set a goal of selling and processing payments for 100 million tickets in 2018 in India, and plans additional partnerships with entertainment companies.
Dubai turns to the Pays
Dubai's land development department has activated Apple Pay and Samsung Pay to automate city payments, investments and other government affiliated transactions.
Cities often
More in the sandbox
The Financial Conduct Authority's regulatory sandbox has added
The
Finding new ways to bring automated transactions and financial services to underbanked communities is also a goal that drove the selection of the latest group of companies. In the past four years, about 500 companies have used the sandbox.
On the bitcoin bandwagon
Europeans are not interested in bitcoin despite the considerable buzz the cryptocurrency has received.
Only 16% of Europeans are interested in cryptocurrency, according to
The survey also found 9% of the respondents owned bitcoin, and awareness varied. Austria had the highest awareness at 79%, compared to Belgium, where only 39% of the population is aware of bitcoin.
From the Web
South China Morning Post | Thu July 5, 2018 - Online payment service AlipayHK has signed up 1.5 million users in Hong Kong, but encouraging the adoption of mobile payments is proving to be an uphill task amid the city’s attachment to more traditional forms of transactions and concerns over data privacy.
Yahoo News | Thu July 5, 2018 - Malaysia’s first online-to-offline grocery sale will take place this weekend, organised by mobile payment platform Fave and local online retailer Potboy. The sale will allow customers to shop for their groceries online via Potboy and redeem these later at Jaya One between July 6 and July 8.
The Business Times | Thu July 5, 2018 - RAZER on Wednesday made its debut in Malaysia by launching an e-wallet service that is targeting the millennial generation. The Singapore gaming company, co-founded by chief executive Tan Min-Liang, announced that the initiative is a partnership between Razer Inc and Berjaya Corporation Berhad.
More from PaymentsSource
For stores that don't want such a high-tech makeover, options for automatic checkout options are being built on a much simpler foundation.
Entrust Datacard, which serves both sides of the physical and digital payments spectrum, sees the categories' fates as intertwined. The more momentum digital and mobile wallets have, the more opportunity they create for their plastic counterparts.
Hotels have elaborate systems to capture lodging fees and other purchases charged to rooms, but when customers book special events such as weddings or conferences, payment security can be more of a problem.
The final sale price came it at $6.9 billion, or about $900 million more than what the two firms agreed upon when the deal was announced in November.
