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Digital Wallets Overtake Credit Cards as Top E-Commerce Payment Method in Singapore

Fintech News

The figures represents a more than fivefold increase for e-commerce transactions over the past decade, from just 7% in 2014. In the POS segment, the share of transactions made via digital wallets surged 28 points from a mere 1% in 2014. 25%), Apple Pay (22%), GrabPay (12%) and Google Pay (12%).

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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

billion Razorpay, founded in 2014, simplifies B2B digital payments with its API-based payment gateway for businesses. The company became a unicorn in 2020, backed by major investors like Flipkart, Mastercard, PayPal Ventures, and Temasek Holdings. As of the latest filings, BillDesk is valued at USD $1.59 Razorpay Valuation: $7.5

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What’s the Best Payment Processor for Small Business?

Stax

Around 2014, the Square Reader took off amongst small merchants trying to take credit card payments because the mobile card reader is free and it required no contract to use the processor or virtual terminal. Plus we’ve got a bunch of rave reviews for our customer support team on Trustpilot. They offer a flat-rate pricing structure.

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6 ways David Marcus transformed Facebook payments

Payments Source

It was an attention-grabbing decision when Facebook hired PayPal's president, David Marcus, in 2014. At the time, Facebook didn't have much of a dedicated payments business to speak of; when people thought of spending money on Facebook, they typically thought of in-app purchases in Farmville.

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Facebook Hires Former PayPal Employees For Blockchain Team

PYMNTS

Facebook is shoring up its secretive blockchain team with hires from PayPal, according to a report by Bloomberg , and the company might be planning to release its own type of cryptocurrency, which could be announced as soon as the next quarter. The hiring is being driven by David Marcus, former PayPal leader.

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PayPal Issues Additional $300 Million In The UK Working Capital

PYMNTS

PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. PayPal U.K. We launched PayPal Working Capital in the U.K.

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Apple Pay Partners With Nike For 3 Pct. Cash Back

PYMNTS

Last month, Apple CEO Tim Cook said the transaction volume on Apple Pay was moving ahead of rival PayPal and growing four times faster. PayPal last week announced a deal to buy Honey for $4 billion in mostly cash. PayPal plans to use Honey to reach customers at an earlier stage. Apple Pay went live on Oct.