PayPal has added seven new retailers to its roster of US partners to test its in-store payments service (Reports StrategyEye). Shoppers can now use their PayPal credit card or a PIN code to pay for items in-store, as the firm looks to make greater headway among bricks-and-mortar retailers. The firm is also test-driving a new order-and-pickup feature at new partner Jamba Juice, where customers can pre-order a drink via their mobile devices, pay using their PayPal account and then skip the queue to collect their juice on arrival.
New partners include Famous Footwear, Dollar General, Mapco Express, RadioShack, Spartan Stores and two undisclosed retailers. The firm already boasts a number of US merchants among its partners, including Toys ‘R’ Us and Barnes & Noble.
Marca Wosoba, Head of International Development at World First, looks at the changes and disruptions in the financial sector, and identifies the importance of strategic partnerships.
Ford Motor Co and Amazon have announced a collaboration that will see Amazon’s Alexa integrated into Ford vehicles as a voice-activated digital assistant.
The government has confirmed that the £1 coin will be replaced for the first time in 30 years. The new coin is said to be the "most secure" coin due to a number of new features that will make it much more difficult to counterfeit.
Judges have picked Clever as the overall winner of the Money 20/20 Hackathon 2016 taking place in Las Vegas.