Messaging apps these days aren’t just for sending friendly greetings – increasingly, you can also use them to send cold, hard cash. Or the electronic equivalent, at least.
Paypal Stories August 2
Paypal Stories June 20
Despite the rising popularity of services like Cash and even some social networks like Facebook and Snapchat, PayPal is still the leading peer-to-peer money service on the market. Nearly every shopping site on the web offers a PayPal option during checkout, with the company handling over $7 million in transfers every hour. Now, the company aims to make it quicker and easier to transfer funds to bank accounts.
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Paypal Stories June 19
Paypal Stories February 29, 2016
Square Cash introduces Cash Drawer to compete with Venmo and PayPal
Square Cash, Square’s app that allows users to send money to each other for free, saw a new update today that puts it more inline with competitors. With Cash Drawer, Square Cash now let’s users hold money within the app instead of transferring it immediately out to their own accounts. This behavior directly mimics functionality that Venmo and PayPal bolster.
Paypal Stories February 18, 2016
At long last PayPal has updated its iOS app with a completely redesigned interface that optimizes the experience for iPhone 6/iPhone 6s and 6 Plus/6s Plus users. PayPal announced the update in a post on its blog, detailing all of the new features, including a new start screen, improved Send and Request interface, new account info details, and much more.
Paypal Stories November 6, 2015
Instagram reportedly testing ads with 3D Touch & Apple Pay integration & other Apple Pay news
Update: An Instagram spokesperson has reached out with following statement:
“Mobile commerce is definitely a space we are looking at closely. However, this isn’t something we are testing at this time”
Instagram is reportedly testing new ads that will take full advantage of being integrated with Apple’s platforms including the new 3D touch pressure sensitive touchscreen feature and its payments service Apple Pay, Digiday reports.
The integration of Apple Pay and 3D Touch, a new feature introduced with the iPhone 6s that allows pressure sensitive touchscreen interactions, is reportedly being tested as an expansion of Instagram’s recently launched “Shop Now” feature:
It has even run tests with restaurants to sell menu items right from the Instagram feed, without the need to click off the app’s main feed, said an ad agency source familiar with the test.
Some of the shopping tests incorporate features like Apple’s force touch screen feature, which lets consumers apply pressures in their clicks to switch among multiple product options in the images, the source said.
In other Apple Pay news, MacRumors notes that Wegmans will be one of the next major retailers to roll out its rewards card program but that it’s only in a piloting phase ahead of a full roll out next year. Yesteday, Walgreens became the first retailer to offer its rewards cards through Apple Pay.
And possibly related to Apple’s overall rollout of its own payments service, the site noticed Apple appears to have quietly dropped support for PayPal credit payment plans in its US online store. It is, however, continuing to offer Paypal as a financing option in the UK and as a payment option in its online stores there.