E-money blog

eBay to Begin Separate from PayPal Trading on July 20

eBay Inc. will begin separate from PayPal trading on July 20 under the stock symbol PYPL, as the company splits into two businesses. EBay will be focused on e-commerce and PayPal — on online payments. PayPal will trade on the Nasdaq stock market. eBay has agreed to remain the volume of transactions it channels via PayPal, as it does now, … Read the rest of this entry

Japanese Retailers Now Accepting Bitcoin

Bitcoin exchange Quoine has partnered with a payments network Econtext to allow over 20,000 online and brick-and-mortar retailers to accept bitcoin payments soon across Japan. Econtext’s  users, thousands of merchants, are able to accept bitcoin payments without logging into the bitcoin processor. The new option allows merchants and customers to lock in the bitcoin rate for the particular purchase for … Read the rest of this entry

Barclaycard Implements Wearable Wristband, Fob and Sticker

Barclaycard, a part of Barclays Retail and Business Banking, plans to implement a wearable wristband, fob and sticker for ‘touch and go’ contactless payments across the UK. The wearables devices will be operated under the bPay brand. With the new contactless solutions users will be able to buy, manage and top-up their cash. Customers can set their account to top-up … Read the rest of this entry

”Generation Y” Does not Wish to Use Bitcoin

Over 50% of US ’Generation Y’ are sure they will never use Bitcoin, a recent research revealed. According to research from Goldman Sachs, an American multinational investment banking firm, 51% of the 752 respondents had never used Bitcoin nor do they have any plans to do it. At the same time, 22% of respondents use the cryptocurrency or have used it in … Read the rest of this entry

Bitcoin at the Movies: Anti-advertising or Accurate Assessment?

Comedy-drama Dope, debuted in the U.S. Dramatic Competition category at the 2015 Sundance Film Festival, has become the first film to accept bitcoin. Open Road Films, a distributors of Dope, will be using Bitcoin as a payment method for Dope tickets. All wishing to see the movie can pay for the tickets in Bitcoins, as well as in fiat currencies. Open Road … Read the rest of this entry

Sensibo Chooses BlueSnap for Global eCommerce Payment

BlueSnap, a Global payment gateway has been chosen by Sensibo, a manufacturer of a smart air conditioning system, to process e-commerce payments. With a global customer base, Sensibo needed a way to serve shoppers from around the world. After implementing BlueSnap’s BuyNow hosted checkout pages, Sensibo can now sell to consumers in 180 countries, serving up 29 languages, 60 currencies … Read the rest of this entry

PayOnline Introduces Mobile Payment Solution for iOS

PayOnline, a pending acquisition for Net Element, has launched a new mobile payments solution for iOS mobile apps. The new software developer kit (SDK) enables integration of PayOnline transaction processing into iPad and iPhone apps. Ural Airlines, a Russian airline, is one of the first PayOnline clients to accept payments using an iOS app. Net Element currently manages, operates and … Read the rest of this entry

Eastern Bank Implements Voice Recognition Software

Eastern Bank, the largest community bank in Massachusetts, has become the first North American bank to implement voice-identification technology at customer service centers. Voice recognition identification allows to prevent data breaches that have exposed sensitive personal information and respond to consumers who grow impatient with lengthy security procedures. “The difficulty in the identification process is a real pain point for … Read the rest of this entry

RFID-Blocking Clothing Protects You from Skimming

Clothing designer Betabrand and security software company Norton has designed clothes of a special fabric — a pair of men’s jeans and a woman’s blazer — that does not transmit electronic signals payment terminals, thereby blocking access to contactless card for fraudsters. According to the crowdfunding page for the jeans, the two companies claim “that more than 10 million identities … Read the rest of this entry

Bank of Scotland to Issue Polymer Banknotes

Bank of Scotland has announced a plan of issuing new £5 and £10 notes on on De La Rue’s Safeguard polymer substrate for high wear resistance long life of the banknotes. The new banknotes smaller then the current ones. The size of £ 5 banknote will be 125 x 65 mm against the 135 x 70 mm, which are used … Read the rest of this entry