South American mobile payment startup PicPay has launched its services in Brazil. The PicPay mobile application allows users to make purchases by scanning a QR code with their camera-equipped phones or tablets.
PicPay’s Android and iPhone apps are currently available in Portuguese. As for its codes, they can be inserted in digital content, printed ads and TV commercials.
M-commerce has been growing fast in Brazil. According to a recent study issued by the Brazilian e-Commerce Chamber, it represented 10% of online commerce in 2012, compared to 5% in 2011.
Judges have picked Clever as the overall winner of the Money 20/20 Hackathon 2016 taking place in Las Vegas.
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.