LINE Pay gets global launch

LINE introduced payment functionality to its messaging service worldwide, laying the foundations for a raft of new services. LINE Pay, which was announced in October, arrived through an update to the iOS and Android versions of the messaging app. It …

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VC investment in European payment firms sees sevenfold increase over 2013 — survey

Figures provided by Dow Jones VentureSource show that venture capital investment in European payments companies is reaching new heights, exceeding levels reached at the time of the dotcom boom, thanks to new technologies and the rate at which consumers are …

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37% of UK online sales now over mobile

While online retailers roll their Black Friday bargains over to Cyber Monday – and probably beyond – research shows that an increasing amount of online sales are being made via smartphones and tablets, and this trend is continuing – but this does not mean smaller crowds, as consumers are also switching to ‘click & collect’ services.

Alibaba set for record IPO and international expansion

The Chinese e-commerce giant is to commence its investor roadshow in the USA this week, ahead of one of the most highly anticipated Initial Public Offerings in the history of the New York Stock Exchange.

US mobile payment firm LoopPay wins Visa funding

Mobile payments provider LoopPay has secured funding from global payments firm Visa, the company has revealed, without saying how much is involved. The US company, which launched earlier this year, is pioneering a technology that capitalises on the installed based of magnetic stripe-reader point-of-sale systems rather than NFC, which is the current favourite in mobile payment circles.