Further evidence that Twitter is planning to venture into e-commerce emerged this week when users of its Android app noticed the appearance of an apparently dormant ‘Payment & shipping’ option inside the settings menu. *|MC:SUBJECT|*
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8th August 2014
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Headline News

Further evidence that Twitter is planning to venture into e-commerce emerged this week when users of its Android app noticed the appearance of an apparently dormant ‘Payment & shipping’ option inside the settings menu.

Twitter’s e-commerce plans 'leaked' via Android app
 
Insights & Analysis

125 million people now use mobile payments in China, new statistics have revealed, with the number of payments made on mobile devices increasing sevenfold in 2013.

Chinese mobile payments  grew 707% in last year
 
New Products & Technology

Transfer by Facebook allows users to send money to friends by logging into their Rakuten Bank account using the Rakuten app and selecting who they want to send money to from their Facebook friends list.

Japanese bank launches Facebook money transfer service
 

The proposed Bharat Bill Payment System (BPPS) will see interoperable and accessible bill payment services offered to customers via a network of agents to enable multiple payment modes and provide instant payment confirmations.

Reserve Bank of India proposes countrywide, integrated bill payment system
 
Partnerships

Launched just over three months ago, Paym has partnered with a number of major banks and has the potential to link every current account in the UK to a phone number.

One million sign-ups for Paym
 
M&A

Gemalto has announced that it is purchasing US-based data protection specialist SafeNet from PE firm Vector Capital for USD890 million.

Gemalto buys SafeNet for USD890 million
 
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