Y2K-type glitch is causing NYC parking meters to reject credit cards

A software glitch is causing parking meters throughout New York City to reject credit and prepaid parking cards, The New York Times reports. The payment software was set to expire on January 1st, and the vendor reportedly failed to update the softwar...

Facebook Pay lets you buy goods and send money inside Facebook’s apps

Libra isn't Facebook's only big leap into the payment world. The social media giant has unveiled Facebook Pay, its bid at simplifying both purchases and money transfers. Once you've set a payment method, it's theoretically quick and easy to buy tic...

eBay, Visa and Mastercard pull out of Facebook’s Libra cryptocurrency

Stripe and eBay have followed PayPal in backing out of Facebook's cryptocurrency, Libra. They confirmed to the Financial Times that they would pull their support, while Mastercard and Visa have also dropped out.

Amazon rolls out a cash payment option for online orders in the US

Amazon is bringing its cash payment option for Amazon.com orders to the US. If you'd like to pay with physical money, you can select the PayCode option at checkout. You'll receive a QR code and will have 24 hours to pay for the goods at a participati...

Deezer’s new royalty system could be a big deal for smaller artists

Deezer wants to launch a payment structure that more fairly rewards creators for their music. If the company can get the necessary rights holders on board, it intends to launch a user-centric payment system (UCPS) as a pilot in France early next year...

Apple Card rolls out in the US this August

The rumors of an imminent Apple Card launch were on the mark. As part of Apple's latest earnings call, CEO Tim Cook confirmed that the iPhone-centric credit card will be available in the US sometime in August. He didn't provide a specific date or o...