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PayPal Launches Virtual NYC Shopping Platform

PayPal, the digital payments company, announced Thursday (Nov. 30) that on Sunday, Dec. 3 it will launch another live, interactive shopping experience, dubbed Local Selects Holiday Edition. Local Selects enables people to shop a specific location from anywhere in the world.
Earlier this year, consumers were able to use the service to shop the Melrose Trading Post, a Los Angeles flea market, from any location. PayPal will launch the holiday version of Local Selects in New York.

Paysafe Offers Skrill, NETELLER Digital Wallets to Ethiopian Airlines

Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets.

Ethiopian Airlines customers can now use their Skrill and NETELLER digital wallets to book outbound flights from Qatar, UAE, Lebanon, Kuwait, Saudi Arabia and Oman via the airline’s website, backed by full chargeback protection and access to customer support in 16 languages, including Arabic.

OK-App to Turn Every Dutch Mobile Phone into a 'Smartwallet'

OK, a new smartwallet that can link to every bank account, customer or member card, or ID found in a physical wallet, will be launched in 2018 in the Netherlands.

OK aims to launch with 100 key retail partners, from supermarkets and gas stations to web shops and consumer brands, in an intention to put an end to ticket fraud. Anticipating SWIFT adoption in the Netherlands, OK already has set its sights on the European market.

First Data Acquires BluePay Holdings

First Data, a global leader in commerce-enabling technology and solutions, announced news that it has acquired BluePay Holdings.

2017 Retail Reputation Report Reveals Best and Worst Brands for In-Store Experience released its 2017 Retail Reputation Report, revealing which retailers lead -- and which lag -- on the aspects of in-store experience most frequently cited by consumers in online reviews, including wait times, quality of service, value, staff competence and other key customer satisfaction factors.

The 2017 Retail Reputation Report gives in-store retailers systematic insights into their strengths and opportunities for improvement, based on consumer reviews on the web -- and equips shoppers with useful tips as they head into the holiday shopping season.

How Blockchain Technology Could Change Finance in 2018

First up, a quick history lesson. Created by Satoshi Nakamoto along with Bitcoin, blockchain technology was invented to keep a record of the digital currency’s transactions. Similar technologies have been in the pipeline for years, but Nakamoto’s was the first to hit the big time. 

Global Payments, CaixaBank integrate Apple Pay to Customers

Comercia Global Payments and CaixaBank, a Spain-based retail bank, have integrated Apple Pay as a payment method for customers.