The information you need to start your day, from PaymentsSource and around the Web:
Order in
One97 Communications, which operates Paytm, has partnered with Zomato to provide food ordering via the Paytm app, reports
The delivery feature is one of several new products
On the road
Walmart wants to double its online grocery delivery footprint, adding 800 stores to its current 800 by the end of 2019 as it seeks
Walmart has signed Point Pickup, Skip Cart, AxleHire and Roadie to support online ordering and delivery with an option for same-day service. Walmart has also tested using its
More recently, the retailer began testing delivery with
Open to sharing
As
Half of Hong Kong residents are willing to share data with a third party if it results in more personalized services or a better rate, according to
That's more open, so to speak, than other regions that Accenture polled. In Australia and the U.K., 66 percent and 60 percent of consumers said they are unwilling to share data with third parties for a better deal or personalized service.
Swatch payments
Wirecard has signed a deal with Swatch to embed contactless payment technology into watches.
As of Feb. 1, Wirecard's boon mobile payment system will enable SwatchPay transactions at any Mastercard contactless retailer.
From the Web
TechCrunch | Thu January 17, 2019 - The era that saw China’s mobile payments providers making handsome interest returns on client money has officially ended. Starting this week, non-bank payments companies must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks.
The Straits Times | Thu January 17, 2019 - Three in five small and medium enterprises (SMEs) in Singapore have had cyber security breaches that resulted in business disruptions and data leaks over the past 12 months, a new survey reveals. But only 30 percent of those affected notified customers or employees of the data leaks, according to insurer Chubb's survey of 300 SMEs.
Forbes | Thu January 17, 2019 - Hong Kong-based Binance, the world's largest bitcoin and cryptocurrency exchange by trading volume, has said it's been "overwhelmed" by registrations for its new Jersey-based trading platform, which the exchange's widely respected chief executive Changpeng Zhao, often known as CZ, put down to "crazy" demand.
More from PaymentsSource
Square's new card for business owners does something very bold with debit — and very troubling for banks.
Calvin Broadus, better known as the rapper Snoop Dogg, will acquire shares in the Swedish-based alternative finance company Klarna from an existing investor as he becomes the face of Klarna’s new advertising campaign.
Digital banking and payments provider PrePay Solutions is partnering with PayQuicker to help with currency conversions in payroll management programs globally, and to expand PayQuicker's capabilities for its clients' international workers.
Consumers are looking to Instagram and other social networks over traditional branding, according to Acceleration Partners' Robert Glazer.
