Facebook Messenger is already set up to allow users to send each other money, but has yet to turn on the feature, according to screenshots released by Stanford computer science student Andrew Aude. *|MC:SUBJECT|*
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6th October 2014
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Headline News

Facebook Messenger is already set up to allow users to send each other money, but has yet to turn on the feature, according to screenshots released by Stanford computer science student Andrew Aude.

Hacked photos reveal more info on Facebook Messenger payments
 
Emerging Markets

Ola announced the launch of their in-app wallet feature, enabling a seamless payments experience that might just challenge Uber in India as the American service faces regulatory problems.

Local Ola challenges Uber in India
 
VC

Mobile payments service Square has raised $150 million in its Series E funding round, and is now valued at $6 million during a tumultuous time for the payments industry.

Square raises $150m in latest funding round
 
M&A

Despite an early surge in stock prices for new tie-up Daum Kakao, investor concerns over the companies’ ability to expand globally have been followed by an exodus of South Korean users from Kakao Talk due to increased monitoring of the messaging app by the government.

Daum Kakoa faces challenges at home and abroad
 
New Products & Technology

Worldline, an Atos subsidiary for e-payment services, has been selected by the Aduno Group to provide Yomani payment terminals, starting in Switzerland at the end of this year.

Wordline to supply Swiss card terminals
 
More News

Devastating power cuts in New Zealand’s biggest city have closed all major banks and ATMs and may have reduced spending by as much as NZ $4.3m, according to the electronic payment processor Paymark.

Power cuts in Auckland costing merchants millions, says Paymark
 
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