Consumers caught in middle as Amazon, Visa clash over fees
Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction fees.
Nov 18, 2021
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Page 5 - News tagged with payments
Business
Apple loses bid to stall apps bypassing pay system in Epic Games case
A US judge on Tuesday rejected Apple's request to delay letting App Store offerings bypass its payment system as ordered by the court, saying it had 30 days to comply in a case brought by Epic Games, the creator of Fortnite.
Nov 10, 2021
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Business
Apple updates App Store payment rules in concession to developers
Apple has updated its App Store rules to allow developers to contact users directly about payments, a concession in a legal settlement with companies challenging its tightly controlled marketplace.
Oct 23, 2021
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Business
Regulator seeks transparency for payment systems of big tech
In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function.
Oct 21, 2021
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Business
Apple rejects Epic "Fortnite" request despite S. Korea antitrust law
Apple refused to reinstate the wildly popular "Fortnite" game to its South Korean App Store Friday despite a new Seoul anti-monopoly law that effectively outlaws its lucrative digital payment platform, escalating an ongoing ...
Sep 10, 2021
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Business
Epic seeks 'Fortnite' return on Apple's S. Korea App Store
Major US videogame developer Epic Games has asked Apple to restore its flagship game "Fortnite" on the South Korean app store after Seoul passed a law curbing the monopolistic power of platform operators, it said Friday.
Sep 10, 2021
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Business
Apple plans to loosen App Store payment policy
Apple announced on Wednesday it will loosen some of its App Store policies, allowing media apps to steer customers directly to their websites without paying commission.
Sep 2, 2021
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Business
Hit by a ransomware attack? Your payment may be deductible
As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms ...
Jun 19, 2021
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Business
PayPal earnings soar on e-commerce boom
PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.
May 6, 2021
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Business
Venmo launching crypto feature to buy and sell Bitcoin, other digital currency
A new feature coming to Venmo is making it easier for users to claim a stake in cryptocurrencies like Bitcoin.
Apr 20, 2021
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