Technology
Technology
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Newegg's recent acceptance of Bitcoin is just the latest of the online electronics retailer's many digital payment options. Its tech-savvy audience demands digital currency and digital wallets, and accommodating these needs is critical to Newegg's expansion into new markets.
July 2 -
London-based Payza now offers its online payment processing and eWallet services in the United States. Payza is currently used by over 10 million people worldwide as well as 75,000 merchants.
July 2 -
AsiaPay has integrated its payment offerings with Micros Systems to offer technology to the hotel sector in Asia.
July 2 -
Tim Hortons and the Canadian Imperial Bank of Commerce have begun offering an interactive credit card that can change its funding source at the push of a button.
July 2 -
Venture capitalist Tim Draper has been identified as the single winning bidder for a cache of bitcoins at a U.S. government auction, part of a larger pool of the virtual currency seized from the Silk Road website.
July 2 - PSO content
There's an eye-opening number of millennials in the United States, as many as 86 million, according to Barron's, making the segment vital to payments strategy.
July 2 -
Direct carrier billing is gaining in popularity as a way to make payments on and, increasingly, off a smartphone. Google is the latest company to put more muscle behind the emerging payment method.
July 2 - PSO content
Add a mobile banking app to the list of places where consumers can search for cars and apply for auto loans.
July 1 -
Half of all frequent credit card users are unbothered, or feel relieved, when a legitimate transaction is blocked, a new study found. The results show that cardholders are appreciative that banks are becoming more vigilant about fraud.
July 1 -
Twitter appears to be preparing to add "Buy Now" buttons to tweets in a move to transform its microblogging service into an e-commerce platform.
July 1 -
Online electronics retailer Newegg has begun accepting Bitcoin in response to demand from its customer base.
July 1 -
The launch of Android Wear, Google's platform for smartwatches, has opened the floodgates for new payment ideas. Some developers are flocking to Google's platform, and others are ignoring Google entirely. (Image: Bloomberg News)
July 1 -
Paysafecard is bringing its prepaid online payment service to Peru and Uruguay, providing those who may not have a bank account with an e-commerce shopping option.
July 1 -
Optimal Payments, a payments and risk management company based in London, is acquiring two online payment firms in an effort to expand its business in the U.S.
July 1 -
MasterCard Inc. has completed its acquisition of Pinpoint Pty. Ltd., an Australia-based loyalty and rewards service provider.
July 1 - PSO content
American Express has finalized the creation of its joint venture for business travel, which has raised $900 million in capital from investors and expanded its executive team.
July 1 -
MasterCard Inc. is seeking a patent on a payment exchange that includes Bitcoin and other non-traditional modes of payment.
July 1 - PSO content
There's lots of new innovation going on in payments. Some of the ideas make sense and some are crazy. Regardless of each ideas success or failure, they all point to an industry in need of innovation.
July 1 -
The U.S. would be at a clear disadvantage if its financial institutions fail to adopt the ISO 20022 standard, which many other regions use to handle electronic payments, the Federal Reserve Banks say.
July 1 -
The telco is offering Payleven's hardware to enable its small-business customers to comply with an Italian mandate to cut back on cash use.
June 30



