SHANGHAI (Reuters) – China’s central bank on Monday warned that rejecting cash as a form of payment was illegal, saying that such practices could eventually could cause the loss of confidence in physical money and was unfair to those not accustomed to electron... More »
Mexican billionaire Carlos Slim's America Movil said on Tuesday that it had complied with a Colombian arbitration ruling ordering it to pay the government $1.08 billion for wireless telecommunication assets used in the South American nation. More »
An LG Electronics’ logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s LG Electronics Inc said on Wednesday it will launch a new mobile payments service in its home country in June, t... More »
A Sadhu or a Hindu holy man pays the vendor through Paytm, a digital wallet company, after buying a book during the annual religious festival of Magh Mela in Allahabad, India, January 26, 2017. REUTERS/Jitendra Prakash Electronic payment firms got a big boost ... More »
An advertisement of Paytm, a digital wallet company, is seen placed at a fruit stall in Kolkata, India, January 26, 2017. Picture taken January 26, 2017. REUTERS/Rupak De Chowdhuri India’s has launched a slew of electronic systems to encourage its 1.2 billion ... More »
A consortium of banks holding the majority of U.S. consumer accounts plans to launch its instant, person-to-person payments brand Zelle in the first half of 2017, a spokesman said on Thursday. More »
Apple Inc will integrate Apple Pay with its Safari browser later this year, allowing users to make purchases from mobile websites, technology website Re/code reported, citing sources. The mobile payments system will be available to shoppers who use iPhone and ... More »
Target Corp is in the early stages of developing its own mobile wallet, three people familiar with the matter said, joining Wal-Mart Stores Inc in posing a threat to recent entrants like Apple Pay. The fourth-largest U.S. retailer has not committed to launch t... More »
