PayPal Brings Crypto Transactions to Merchants
PayPal announced that its business customers can now buy, hold, and sell crypto with the same functionality as consumer accounts. The crypto service will be available to all PayPal Business Accounts in the U.S., except for clients in New York state. Along with on-platform transactions, PayPal will also support withdrawals to external wallets for added […]
Wero Establishes a European Rival to Visa and Mastercard
Wero, a payment rail developed by a consortium of some of Europe’s biggest banks, is being rolled out across Western Europe. Following a quiet launch at a few German banks in July, Wero is now going live in Belgium and France. The pay-by-bank solution will eventually allow, for example, a Belgian tourist to pay for […]
Klarna and Adyen Team Up for In-Store BNPL
Amid reports that buy now, pay later purchases are poised for another big jump this holiday season, Swedish financial giant Klarna is partnering up with Dutch payments fintech Adyen to expand BNPL options in physical retail stores. Under the agreement, Klarna’s services will be available at more than 450,000 of Adyen’s physical payment terminals, […]