ayPal has signed a deal with petrol station payment provider, Gilbarco Veeder-Root that will see its mobile payment service become an option across the US. Initially, PayPal will be integrated with Gilbarco’s point-of-sale (Pos) product before becoming a part of all of its media and merchandising solutions.
Gilbarco claims to have more than 30,000 PoS systems installed at petrol stations and shops across the US. The deal comes as part of PayPal’s efforts to become a leading payment provider outside of the internet. To date, the firm has agreements to provide mobile payment solutions to 23 retails, 12 of which are now live in 18,000 locations
Just under three quarters (71%) of European banks and retailers are planning to boost their spending on payment tech within the next two years amid mounting pressure in the market and demand for faster, more secure payments tech from customers.
Wirecard's EVP Global Product Strategy, Christian Von Hammel-Bonten. One of the key things we heard at this year's Money20/20 is that the Home will be the next big hub of commerce and Wirecard's Christian Von Hammel-Bonten explains why.
From the giant of Asia, Alipay, looking to the West for newer and bigger opportunities to a live demonstration of a cardless ATM, here are the five things we noticed on the second day of Money20/20 Copenhagen.
Picking Copenhagen to host the first edition of Money2020 Europe is a coup for not just the Danish capital, but also the wider Nordics, helping shine a new light on the region's thriving tech ecosystems: this time through the lens of financial technology. Here are five of the key things we’ve heard at the show so far. Stay tuned for more coverage!