Dive into the tech & future
PayU, India’s leading online payments solution provider, announced the launch of 3D Secure 2.0 SDK, offering a full native checkout and improved customer experience for all card transactions. In a statement, the compaany said that PayU merchants can provide optimized customer experience while complying with major card network upgrades – including Visa and Mastercard while … Read more
Thousands of tech employees have lost their jobs recently. Companies like Google, Amazon, Microsoft and others announced job cuts last month. Now another company has joined the list. Payments firm PayPal has announced that it is planning to cut up to 7% of its workforce which accounts for close to 2,000 employees.“While we have made … Read more
PayPal Holdings Inc. said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters. The cuts, which will affect about 7% of employees, will take place in the coming weeks, Chief Executive Officer Dan Schulman told employees in a memo. “While we have made … Read more
Elon Musk has reportedly asked employees at Twitter to work on a payments system with support for crypto functionalities. This system is said to start with fiat currencies but will also be able to accommodate cryptocurrencies in the future. Citing sources, The Financial Times said that Musk instructed developers to build the platform’s payments system. … Read more
Bank of America, JP Morgan, and Wells Fargo could be among seven mega global banks that could soon team up to launch a digital wallet now that digital assets have begun to see adoption in different parts of the world. The aim behind this potential initiative is to compete with other payments platforms like Apple … Read more