A payment is the transfer of money from one party (such as a person or company) to another. A payment is usually made in exchange for the provision of goods, services or both, or to fulfill a legal obligation. The simplest and oldest form of payment is barter, the exchange of one good or service for another.
All stories in Payment
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Apple Pay accounts for 5% of global card transactions, growing to rival PayPal
Apple Pay, the company's mobile wallet, is gaining a notable chunk of payment transactions around the world. So much so, ...
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Selling products online? Then get ready for the EU’s SCA on December 31
SCA is a new form of two-factor authentication designed to add an extra layer of security when consumers make a payment online. ...
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Singapore tightens AML restrictions on cryptocurrency companies
Cryptocurrency businesses operating in Singapore will need to register and be licensed to continue serving customers in the ...
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Bitcoin’s price rose 87% in 2019 — here’s what happened in Q4
Bitcoin's performance throughout 2019 was somewhat unremarkable. We've taken a closer look at its price movements during ...
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Foreign exchange firm Travelex hit with '$6M ransomware attack'
Travelex is being held to ransom by hackers who unleashed the Sodinokibi ransomware and are reportedly requesting a $6 million ...
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Bitcoin ransomware peddlers are publicly shaming victims for not paying
Bitcoin-hungry ransomware attackers are reportedly threatening to expose victims who refuse to pay the requested cryptocurrency ...
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Bitcoin ransomware forces Spanish security firm Prosegur offline
Prosegur has been hit by Ryuk ransomware, the notorious Trojan that encrypts files on a compromised device and typically ...
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Facebook wants to pay you to answer social media questions
We already know apps like Facebook try to learn as much about you as possible, so why not at least get paid for it? Facebook ...
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A German airline just flew 3 execs holding blockchain tickets
A German airline has claimed to be the first to allow passengers holding blockchain-based tickets to board a flight, Reuters ...
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5 ways AI is revolutionizing the world of finance
There are plenty of reasons to believe artificial intelligence will spur the next revolution in the way we handle wealth ...
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Big Canadian bank rumored to offer cryptocurrency accounts, Bitcoin trading
The Royal Bank of Canada (RBC) is reportedly developing a cryptocurrency platform to enable customers to trade with digital ...
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Uber used Bitcoin to pay $100K hacker ransom in 2017, court docs confirm
Uber used Bitcoin to pay hackers who held sensitive data for ransom, court documents have confirmed.
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Italians apparently prefer Bitcoin over Visa or MasterCard for online payments
It seems Italians are quite keen on using Bitcoin for online payments. Use of the cryptocurrency surpasses direct payments ...
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Tencent given green light to create blockchain-based invoice standards, bad news for tax evaders
After first announcing the project last year, Chinese tech giant Tencent has been given the go-ahead by the country's tax ...
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Facebook defends Libra comparing it to some of the 'most meaningful innovations' of our time — lol
Facebook’s Libra lead has defended the technology giant’s ‘cryptocurrency’ project at Money 20/20 in Las Vegas.
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AT&T isn’t scared of latest cryptocurrency SIM-swap allegations, will fight in court
AT&T will dispute allegations that it was negligent after allegedly contributing to the loss of $1.7 million worth of digital ...
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Former NBA player nets $825K from Ghanaian firm in alleged Bitcoin scam
A former American professional basketball player has allegedly swindled over $800,000 worth of Bitcoin from a company based ...
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Opportunistic fraudsters use El Chapo’s son’s arrest in bid to steal Bitcoin
Opportunistic scammers are seeking to capitalize on the incident by reportedly bombarding the city's residents with threatening ...
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US Fed Reserve: Facebook’s ‘cryptocurrency’ dream faces core legal, regulatory challenges
The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory ...
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An overview of Facebook’s 'cryptocurrency' supporters — who’s in and who’s out
Finding it hard to keep track? We've put together a quick overview of every organization that's still involved with Facebook's ...
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Sodinokibi ransomware earns hacker $287K worth of Bitcoin in 3 days
Criminals who distributed the Sodinokibi ransomware threat earned a huge payday from victims who paid the requested Bitcoin ...
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US hospitals opt for paying hackers to survive Ryuk ransomware attack
Cybercriminals are targeting hospitals across the globe with ransomware. Some of the hospitals are giving in to the attackers' ...
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Drug dealer sells fentanyl for cryptocurrency, gets 30 years in prison
Yesterday an Iraqi man was sentenced to 30 years in federal prison for selling various narcotics in exchange for cryptocurrency ...
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Google supercharges its mobile payment app in India with WeChat-style mini apps
Google introduces a Spot Platform for Google Pay, allowing businesses to create branded experiences that's accessible to ...
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IKEA just allowed an invoice to be paid via the Ethereum blockchain
IKEA Iceland accepted payment in digital fiat from Nordic Store, and the invoice was settled using smart contracts programmed ...
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China has no idea when it will launch its digital currency
Despite reports that China was readying itself to deploy its government digital currency, it now seems it's less surefooted ...
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KPMG survey reveals blockchain tokens might only be good for
'Big four' accounting firm KPMG quizzed Americans over how they feel about blockchain tokens, and only 38% believe they're ...
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Chinese subway stations now let you pay for tickets by scanning your face
Facial recognition technology is used across China for everything from identifying criminals to measuring students’ attention ...
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Cryptocurrency scammers have netted $4.26B so far this year, report
Cryptocurrency scammers continued to swindle funds throughout Q2 2019, netting approximately $4.26 billion so far this year. ...
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SpankChain launches SpankPay so users can pay for porn with Bitcoin
Adult content platform SpankChain has launched SpankPay, a cryptocurrency payments platform.
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'Crypto-Twitter' really wants a Satoshi symbol — but nobody can agree on one
The 'crypto-Twitter' community wants a symbol for small denominations of Bitcoin, known as Satoshis. There's loads of options, ...
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Bitcoin whale moves $468 million crypto-fortune for less than $400
Bitcoin whales are shifting fortunes for tiny fees relative to the traditional finance sector, and this one moved almost ...
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India doesn't want WhatsApp sharing your payment data with Facebook
Indian government raises concerns that WhatsApp’s payment service might share user data with Facebook and Instagram, compromising ...
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WhatsApp Pay will officially launch by the end of the year in India
WhatsApp has been testing its payment service in India for over a year now. Today, the company's head said it'll launch by ...
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Bitcoin ransomers claim second victory as Florida town pays $500,000
A second town in Florida has paid over $500,000 in Bitcoin to hackers following a ransomware attack.
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PSA: Set your Venmo transactions to private right now
A new research has found that Venmo continues to make it easy for third-parties to scrap users' public transaction history ...
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3 years later, Visa’s blockchain-powered payment network finally goes live
Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making.
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CHEAP: Get intimidatingly ripped with 20% off the Fitbit Ionic smartwatch
Summer's almost here, which means one thing: you need to get into shape. Luckily, 20% off the list price of the Fitbit Ionic ...
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Congressional report: Bitcoin adoption 'miniscule' compared to traditional finance
Distributed ledger systems that underpin cryptocurrencies aren't capable of processing the number of transactions required ...
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AT&T now accepts cryptocurrency, and it’s probably a bad idea
The American cell network operator AT&T has announced that it's accepting Bitcoin as an online payment option, after partnering ...
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Bitcoin Pizza Day: How a hungry Florida man made cryptocurrency history
Nine years ago today, the first ever Bitcoin transaction for a consumer product took place after a Florida man spent 10,000 ...
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Nura’s new ‘headphone subscription’ isn't as stupid as it sounds
You already subscribe to Netflix, Spotify, and iCloud – but time to add one more to your list: headphones? Yep, Nura's ...
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Your business passed the GDPR challenge — but SCA is next
Europe is bracing itself for a big shake-up in how we pay for things online, which will have significant consequences for ...
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$356 million in cryptocurrency stolen in first three months of 2019
Cryptocurrency exit scammers and exchange hackers have made a killing this year, and soon they'll have to launder it all... ...
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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’
Cross-border payments, tokenization, and some smart contract stuff. These are blockchain's potential use-cases, according ...
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Australian cryptocurrency scams earned $4.3 million last year, up 190%
Australia's consumer watchdog has detailed the extent of the nation's problem with cryptocurrency fraud - and the data says ...
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Lil Pump now accepts Bitcoin on his merch store (but will he dump it?)
Columbian-American rapper, Lil Pump, is now accepting the cryptocurrency, Bitcoin, as a payment method on his online merch ...
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Adult site CamSoda will now let you pay for porn with Bitcoin
CamSoda has integrated cryptocurrency payments, enabling users to purchase tokens on the platform using seven different ...
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Payment options in apps can be designed better
Let’s start with a simple thought: What was the last meal that you had? How did you decide to eat a certain dish as opposed ...
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This Canadian town is letting residents pay taxes in Bitcoin
A small town in Canada, just north of Toronto, is joining Ohio in providing its citizens with an option to pay some taxes ...
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We shouldn’t care about companies accepting Bitcoin in 2019
Bitcoin – the original cryptocurrency – has been around for a decade, but it’s still struggling to achieve mainstream ...
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Visa is looking for someone to spearhead permissionless blockchain
Global payment services provider and Fortune 500 company, Visa, is showing signs that cryptocurrency and blockchain will ...
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Cryptocurrency exchange WEX/BTC-e tied to Bitcoin ransomware hackers, report
PricewaterhouseCoopers has made a connection between the SamSam ransomware hackers and infamous cryptocurrency exchange WEX ...
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How to cancel your Twitch/YouTube/Mixer subscriptions
Welcome to TNW Basics, a collection of tips, tricks, guides, and advice on how to get the most out of your gadgets, apps, ...
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Watch out for this new cryptocurrency ransomware stalking the web
A brand new family of cryptocurrency-fuelled ransomware has been discovered, and researchers warn it's more sophisticated ...
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Square launches SDK to help mobile developers take in-app payments
Square wants to make it easier for mobile devs to deal with payments
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Central bank study shows little desire to issue digital currencies
63 central banks were surveyed on the status their proposed CBDCs, to determine the likelihood of an incoming wave of digitized ...
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The awfully patronizing guide to having a merry crypto-Christmas
As we're wrapping up 2018, it's clear it wasn't the breakout year for cryptocurrency and blockchain that many enthusiasts ...
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UK tax authorities: ‘crypto assets’ are not currency or money
The UK's tax office published details that outlines its stance on cryptocurrency and digital assets, all in the name of taxation. ...
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Pornhub: Less than 1% of users buy subscriptions with cryptocurrency
Despite introducing payments in Verge and TRON, Pornhub says less than 1 percent of its users use cryptocurrency to buy Premium ...
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MasterCard wants to make electronic payments anonymous… with blockchain
According to a recent patent application, the payment infrastructure provider, MasterCard, wants to anonymize "electronic ...
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3 simple ways to nurture your culture when you start to scale
As you start to scale, the risk of diluting your culture becomes so much more real. Here's how to nurture your culture, no ...
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Ripple’s CTO thinks Proof-of-Work is a technological dead-end, but he does hold Bitcoin
Ripple's CTO David Schwartz has thrown shade on Bitcoin's mining algorithm in a recent TNW Answers session - despite admitting ...
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Playboy sues blockchain startup for screwing its cryptocurrency porno payment plan
Playboy is suing a blockchain startup, claiming its been stiffed on a deal to pay users for watching adult content with cryptocurrency. ...
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How a Finnish millionaire lost $35M worth of Bitcoin in a gambling scam
A Finnish Bitcoin millionaire has lost his cryptocurrency fortune after falling victim to an international investment scam. ...
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Analysts: Bitcoin isn't replacing fiat currency anytime soon
For the past few years, through boom and bust, hype cycles and FUD (and just about anything in between), we've heard that ...
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Millions of webstores can now accept cryptocurrency through Coinbase
The new plugin enables WooCommerce webstores to accept cryptocurrencies through a user-controlled Coinbase wallet without ...
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MoviePass never had a chance
Subscription movie service MoviePass offered anyone willing to shell out $10 a month -- less than the price of a single movie ...
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Applying for a patent - $15K, Mastercard patenting even more blockchain - priceless
Mastercard have filed yet another another blockchain-related patent application, this one for a system to manage a fractional ...
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This startup is the perfect example of Korea’s vibrant crypto market
Bezant’s ambition is to build its own high-performance blockchain, arguably the most challenging, expensive, and time-consuming ...
