Owners of the Apple Watch are already rapidly adopting Apple Pay, with 80 per cent using the service through their timepiece, according to a report by independent research platform Wristly.

Budget chain A&O Hotels and Hostels has teamed with Yapital, an app that allows users to pay for items online or in store, to let guests pay for their stay using their smartphones.

Payoneer has been selected by Dailymotion, a video sharing platform, to facilitate mass payouts to its global network of creators and partners. Dailymotion’s network of video creators in developed and emerging markets can now get paid globally as easily as they do locally.

Trustly, a pan-European FinTech company specialising in providing faster payments, has announced the appointment of Josef Darmark and Märta Viberg. The two will play an integral role in Trustly’s global expansion.

Users of Visa’s Checkout function are 17 percentage points more likely to complete an online purchase than PayPal Express Checkout users, the financial services company has said.

The price of bitcoin has fallen below the $200 mark for first time since January, nearly two months after the virtual currency hit a four-month high due in part to Greece’s financial crisis.