Displaying items by tag: Venmo

GUEST OPINION: If you immediately think of email when you think of phishing, you’re not alone. However, a new form of a text-based scam is making waves – highlighted by a seemingly legitimate text from the USPS which lets receivers know that their “package” arrived at the warehouse. To receive the package, it instructs users to click on a link to enter their information for delivery.

The volume of digital domestic money transfer payments will exceed 300 billion for the first time in by 2026, a huge increase from 207 billion in 2022 accounting for 50% growth, according to a study by Juniper Research.

Payment services for Adobe Commerce, the end-to-end commerce application for B2B, D2C, and hybrid use cases will now be available.

Smart receipt provider Slyp has hired Ashley Davies to be its CFO.

The move by worldwide online payments system PayPal to allow customers to hold bitcoin and other virtual currencies in their online wallets will end up making more than a few cyber criminals richer, a senior technologist has claimed.

If Apple had to remove the WeChat app from its app store due to an executive order issued by US President Donald Trump, that would mean a loss of Chinese users who make up nearly a third of iPhone users around the globe, an influential Taiwanese stock analyst has warned.

Digital global domestic money transaction values are exploding around the world, with a new market report forecasting the value of transactions will exceed US$3.5 trillion by 2024 - up from US$1.8 trillion in 2019.

Worldwide mobile money transfer volumes will exceed 203 billion in 2024, up from 130 billion in 2019, according to new research which reveals that country domestic transfers are being driven by increasingly easy mobile payment systems.

There has been a significant upsurge in international remittance activity in the past two years, with a number of cross-border mobile remittance services now being deployed, according to analyst firm Juniper Research.

PayPal’s recent acquisition of P2P remittance provider Xoom is part of its post-eBay global strategy to expand its payment capabilities and geographic spread, according to market analysts.