All articles tagged with #peer to peer
PayPal is launching new one-to-one payment links called PayPal Links, which will soon support cryptocurrency transactions in the U.S., allowing users to send and request payments more easily via personalized, shareable links that expire after 10 days.
Uber is set to launch its carsharing service, Uber Carshare, in Boston and Toronto in the coming months. The service allows people to borrow vehicles from private car owners for a set amount of hours or days. Uber Carshare is separate from Uber Rent, which lets users rent cars from providers like Hertz through the Uber app. The peer-to-peer carsharing industry, which includes companies like Turo and Getaround, saw a boost in 2021 amid the rental car shortage.
Uber is set to launch its carsharing service, Uber Carshare, in Boston and Toronto, allowing people to borrow vehicles from private car owners for a set amount of hours or days. The service, which initially launched in Australia, will be separate from Uber Rent and will list several hundred vehicles for rent at launch. Pricing will vary based on location, time, and vehicle type and age. The peer-to-peer carsharing industry is projected to reach $7.2 million in 2030.
Uber has announced a new peer-to-peer car rental option, allowing car owners to rent their vehicles to local borrowers at hourly and daily rates. The new Carshare option is part of Uber's sustainability efforts and will suggest pricing while allowing owners to set availability and final pricing. The service is already available in Australia and will soon launch in Boston and Toronto before opening around North America. Uber Rent partners with Hertz and Avis for traditional car rentals.
Uber has announced a new peer-to-peer car rental option, allowing car owners to rent their vehicles to local borrowers at hourly and daily rates. The new Carshare option is part of Uber's sustainability efforts and will suggest pricing while allowing owners to set availability and final pricing. The service is already available in Australia and will soon launch in Boston and Toronto before opening around North America. Uber Rent partners with Hertz and Avis for traditional car rentals.
The Consumer Financial Protection Bureau (CFPB) has warned that money held in non-bank, peer-to-peer payment apps is not guaranteed for federal deposit insurance protection, making the funds more vulnerable. The watchdog said that 85% of adults aged 18 to 29 in the US who have used PayPal, Cash App, Zelle and other peer-to-peer apps would be in danger of losing their money if it was stored on one of those platforms and the companies failed. The risks to user funds increase as the applications grow in popularity.