Google will be retiring its Google Pay app for Android users in the US on June 4, 2024. Most of Google Pay's popular features will continue to be supported by the Google Wallet app.
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The online payment processor, Stripe, is going to lay off more than 1,000 employees due to a worsening economy. The cuts will primarily hit the recruitment department, as hiring will slow next year.
Stripe, the payments processing company, is now valued at $95 billion following its latest funding round where it raised $600 million. It will use the money raised to expand its Dublin operations.
PayPal has announced that it has brought 70% equity interest in GoPay allowing it to operate in China. PayPal has become the first foreign payment platform to be allowed to operate in the country.
Opera for Android 48 has just been released to the public. The new update brings a raft of useful features with it that will help with online payments, and blocking those pesky cookie dialogs.
The online payments platform is today announcing its new Smart Payment Buttons for online commerce, allowing users to more quickly choose a preferred payment method, including local services soon.
Samsung Pay has processed over a 100 million transactions since its inception last year. Today, the company has announced plans to offer online and in-app payment support via MasterCard's Masterpass.
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