All articles tagged with #payment options
Apple announced updates to iOS in Japan to comply with the Mobile Software Competition Act, introducing new app distribution and payment options, reducing App Store commissions, and enhancing privacy and safety features for children and users under 18, along with other iOS updates like browser choice and API enhancements.
Black Lotus Casino has expanded its payment options by integrating multiple fintech solutions, supporting various currencies, and enhancing security to become a leading fast-payout casino in 2025. The casino also introduced new promotions, broadened its game library, improved mobile experience, and reaffirmed its commitment to responsible gaming, aiming to attract a wider and more diverse player base.
Google Play Store has introduced a new payment option called 'Ask someone else to pay,' allowing users to request others to make payments for their purchases. This feature, currently available in India, generates a shareable payment link and is expected to boost app purchases, especially for those who rely on others for payments.
Meta Platforms Inc., Microsoft Corp., X Corp., and Match Group Inc. have jointly filed to reject Apple Inc.'s plan to open its App Store to outside payment options, arguing that it violates a 2021 ruling and does not align with the spirit of the law. This move marks the latest development in the ongoing dispute over Apple's control of its app marketplace.
Alabama Power customers are experiencing higher bills due to the recent cold weather, prompting a petition for lower costs. In response, the company has announced a commitment to not disconnect customers for non-payment through March 15th and is offering support for those facing difficulties. Customers are encouraged to visit the company's website for information and to explore payment options, while also being directed to resources such as Project SHARE, LIHEAP, and ABC Trust Fund for assistance with affording their power bills.
Amazon is dropping Venmo as a payment option starting next month, but customers can still use Venmo debit or credit cards on the platform. The decision comes as Amazon aims to drive profitable revenue growth in its payment services. Venmo, which was acquired by PayPal in 2013, has been added as a payment option by various brands, including McDonald's, Starbucks, and Uber.
Amazon will no longer accept Venmo as a payment option on its website starting January 10, 2024. The decision comes after a year of allowing customers to make payments through Venmo. PayPal, the owner of Venmo, stated that Venmo debit and credit cards will still be accepted. Amazon emphasized that customers can choose from various other payment options, including debit cards, credit cards, checking accounts, and installments. Since the announcement, PayPal's shares have dropped by approximately 2%.
Amazon has decided to remove Venmo as a direct payment option on its platform after just 14 months, signaling a shift in its payment strategy. The move comes as Amazon continues to expand its own payment services, including Amazon Pay, and aims to provide a seamless checkout experience for its customers.
Amazon has announced that it will no longer offer Venmo as a payment option for Prime users, causing a drop in PayPal stock.
Instacart will expand its payment options in 2023 to include Medicare Advantage, Medicaid, and other supplement health benefits for grocery deliveries. The program, administered through Alignment Health, will allow eligible individuals to use their plan-sponsored funds to purchase groceries, wellness essentials, and over-the-counter medications for delivery via Instacart. This initiative aims to improve access to nutritious food and healthcare products for seniors facing food insecurity due to transportation challenges and economic instability. Instacart has been working to expand payment options to people on food stamps and welfare programs, and this move follows its acceptance of food stamps earlier this year.
Microsoft has expanded its partnership with PayPal to allow Xbox owners in the United States to use Venmo as a payment option for purchasing games, apps, and subscriptions on the Xbox Store. Users can also utilize Venmo or PayPal to make purchases on the main Microsoft store. This move provides more flexibility for customers and aligns with Microsoft's commitment to enhancing the user experience. Venmo's integration as a payment method reflects its growing popularity beyond peer-to-peer transactions, with other companies like Amazon also adopting it for online purchases.
Microsoft has partnered with PayPal to allow Xbox owners in the US to use Venmo as a payment option for games, movies, TV shows, apps, and Xbox Game Pass subscriptions. This partnership also includes support for PayPal's Pay Later option, allowing users to spread payments over weeks or months. Venmo's expansion as a payment option for online stores continues, following its recent addition as a payment option for Amazon.
Microsoft has deepened its partnership with PayPal by integrating PayPal's Pay Later solution in several countries and offering the option to pay with Venmo in the Microsoft Store. These new payment options provide customers with more flexibility and help increase customer loyalty. PayPal Pay Later allows eligible consumers to pay for purchases in fixed amounts over weeks or months, while Venmo enables a quick and simple checkout process, allowing customers to purchase subscriptions or split payments. This partnership aims to enhance the customer experience and provide more payment options that work for customers' goals.
Millions of education loan borrowers will have to resume monthly payments starting October 1, 2021, as the pandemic-related pause on federal loans ends. Borrowers are advised to practice making payments now and contact their loan servicer to confirm their monthly payment. Those who need to go the deferment or forbearance route should determine if they can afford to pay the interest that is due. Borrowers are also warned not to ignore interest capitalization, which occurs when monthly loan payments don't cover the interest, resulting in loans growing over time. Finally, borrowers are urged not to ignore their responsibility and to investigate the various repayment plans offered by the Education Department.
Affirm's stock rose by 13% after announcing an expanded relationship with Amazon. Eligible US merchants who offer Amazon Pay will be able to add Affirm's adaptive-checkout capabilities as a payment option for consumer checkout. Affirm's BNPL options were already available to Amazon's customers on the site and mobile app. While the announcement is seen as a positive signal on the strength of the Affirm/Amazon partnership, it is unlikely to provide a material boost to Affirm's operating performance, according to an analyst.