India anti-trust watchdog probes Google's payment app
India's anti-trust watchdog has ordered a probe into Google's payments app over allegations the tech giant is abusing its market dominance.
Nov 10, 2020
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Business
Page 2 - News tagged with payment system
Business
South Korea launches antitrust probe into Google
South Korea has launched an antitrust probe into Google over its plan to enforce its 30-percent Play Store commission by disallowing any apps circumventing its payment system, a top official said Thursday.
Oct 8, 2020
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Internet
Google clamps down on apps dodging Play Store 30% cut
Google said Monday it plans to start enforcing a rule requiring Android apps in its Play store to use its payment system, which takes a 30 percent cut of transactions.
Sep 29, 2020
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Business
Facebook gets reprieve from Apple on live events cut
Facebook said Friday it struck a deal in which Apple agreed to temporarily forgo its cut of revenue from paid events at the leading social network to help pandemic-hit performers earn money during the pandemic.
Sep 26, 2020
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Business
EU authorities open two Apple antitrust investigations
European Union regulators began two antitrust investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the ...
Jun 16, 2020
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Business
Google, Gates Foundation join digital payments initiative
A new nonprofit charity unveiled plans Wednesday to promote digital payments for people outside the financial system, with support from Google and the Bill & Melinda Gates Foundation.
May 6, 2020
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Business
EU regulators circle on Apple Pay
The EU's powerful anti-trust regulator is taking a closer look at Apple Pay, an official said on Friday, amid worry that the fast-growing and easy-to-use payment system is shutting out rivals.
Nov 15, 2019
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Business
Group behind Facebook's Libra coin announces 21 founding members
The Libra Association, created by Facebook to launch its new cryptocurrency, has announced its 21 founding members after defections by previous supporters including Visa and Mastercard.
Oct 15, 2019
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Business
Group behind Facebook's Libra coin push meet in Geneva
The Libra Association, created by Facebook to launch its new cryptocurrency, kicked off its first council meeting in Geneva on Monday, despite defections by previous supporters like Visa and Mastercard.
Oct 14, 2019
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