Category: E-payment & Data Security

December 17, 2020

We’re past the crisis stage this year. Or at least we’re past the point of still thinking about the situation as a crisis. It’s now the new normal. Dealing with the immediate consequences of COVID-19 was extremely challenging for many […]

December 8, 2020

Given this unprecedented pandemic, 7-Eleven created its mobile wallet to give customers a convenient, contactless way to pay, 7‑Eleven president and CEO Joe DePinto, said in a statement. It was also important to bring customers who use cash into the […]

December 7, 2020

Chinese ecommerce giant JD.com Inc on Saturday announced it had become the country’s first platform to accept Beijing’s digital yuan. The company’s finch arm JD Digits will accept Beijing’s homegrown digitals currency as payments for some products on its online […]

November 24, 2020

Cyber Monday is a critical online event for retailers. Last year, research conducted by Adobe Analytics found that Cyber Monday brought in $9.4 billion in sales, including $3 billion from mobile customers alone. With the ongoing COVID-19 pandemic leaving many […]

November 3, 2020

PayPal Holdings Inc. on Monday announced it had beat Wall Street estimates for its third quarter revenue and profits, thanks to a surge in digital payments. The online payment specialist processed a total of $247 billion in payments in the […]

October 2, 2020

H&M has been fined over €35 million for breaching EU General Data Protection Regulation (GDPR) laws in a landmark ruling. The Swedish fashion retailer has incurred the largest fine ever to be levied against a single company over GDPR violations […]

September 23, 2020

Shopify is working with the FBI after “rogue members” of its support team stole data from over 100 of its merchants leading hackers to acquire customer details. According to Shopify it has now terminated two employees’ access to its network […]

September 18, 2020

Cash usage has dropped by around 30 per cent over the last decade and is expected to be used in just 10 per cent of transactions by 2028. According to a new report from the National Audit Office (NAO) on […]

September 1, 2020

PayPal has launched its own “buy now, pay later” (BNPL) scheme in a major challenge to market leaders like Klarna and Afterpay. ‘Pay in 4’ will be freely available to all merchants who accept PayPal as a payments option, which […]

August 11, 2020

Kroger has been promoting its Kroger Pay program during the pandemic, and likely hoped that would suffice for customers rather than bringing on the third-party payment systems it has resisted up until now. Walmart has taken a similar approach with […]