PayPal is making a major push into the in-person payments market, integrating its debit card with Apple Pay and offering competitive cashback rewards. This move signals a shift in strategy under new CEO Alex Chriss, aiming to capture a share of transactions at physical stores, cafes, and restaurants.
Cambodia’s National Bank has introduced the Bakong Tourists app, a mobile payment system designed to enhance the travel experience for visitors. Built on the country’s central bank digital currency infrastructure, the app facilitates transactions using the local currency, the Cambodian riel, and aims to reduce dollarization within the economy. The app is integrated with a vast network of locations and offers convenient payment options for tourists.
Google Wallet is introducing a new feature called ‘Everything Else’ that simplifies adding digital passes by allowing users to scan physical cards with their phone’s camera. The feature leverages AI to identify card types and securely stores sensitive information, making it easier to manage various digital passes like driver’s licenses, passports, and more.
Choosing the right mobile payment app can be tricky, with so many options available. This article compares the top contenders – PayPal, Venmo, Cash App, and Apple Cash – evaluating their features, fees, limits, and ease of use to help you decide which best suits your needs.
