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Apple Pay captures just 2.4% of in-store transactions; & more!

Author
Marcel van Oost
Published
Mon 24 Oct 2022
Episode Link
https://podcasters.spotify.com/pod/show/marcel-van-oost/episodes/Apple-Pay-captures-just-2-4-of-in-store-transactions--more-e1pm1e8

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Welcome to your daily FinTech news!


In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.


NEWS HIGHLIGHT


Apple Pay captures just 2.4% of in-store transactions. Apple Pay retains its commanding lead over other mobile wallets used for in-store payments in the U.S. — but its share of all in-store transactions remains negligible. Link here


BREAKING NEWS


Sezzle signs new $100M credit facility. The new facility replaces its prior facility with Goldman Sachs Bank and Bastion, and will support Sezzle’s operations in the U.S. and Canada. Link here


FINTECH NEWS


BigPay adds three new services to its major payment license issued by the Monetary Authority of Singapore for account issuance service, domestic money transfer, and e-money issuance service in Singapore. Link here


Cardless targets brick-and-mortar shoppers. They are planning a digital-first rewards credit card with American Express that targets shoppers at stores and restaurants leasing space. Link here


Current migrates to Visa DPS Forward Platform. Leading U.S. financial technology platform announced it has successfully seamlessly migrated to the Visa DPS Forward platform. Link here

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