Category: PayPal
China’s draft payments rules put Ant, Tencent on notice
A string of recent events in China’s payments industry suggests the duopoly comprising Ant Group and Tencent may be getting a shakeup. Following the abrupt call-off of Ant’s public sale and a government directive to reform the firm’s business, the Chinese authorities sent another message this week signaling its plan…
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Stripe reportedly joins the tech platforms booting President Trump from their services
It might be easier at this point to ask which tech platforms President Donald Trump can still use. Payment-processing company Stripe is the latest tech company to kick Donald Trump off of its platform, according to a report in The Wall Street Journal. That means the president’s campaign website and…
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The deplatforming of a president
After years of placid admonishments, the tech world came out in force against President Trump this past week following the violent assault of the U.S. Capitol building in Washington D.C. on Wednesday. From Twitter to PayPal, more than a dozen companies have placed unprecedented restrictions or outright banned the current…
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What to make of Stripe’s possible $100B valuation
This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Welcome to a special Thanksgiving edition of The Exchange. Today we will be brief. But not silent, as there is much to talk about.…
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CVS now accepts QR code payments from PayPal and Venmo
CVS is following up on its promise to take pharmacy payments through PayPal and Venmo. Visit 8,200 CVS locations and you can display a QR code in the PayPal or Venmo apps to pay using credit cards (including Venmo’s), debit cards, PayPal Credit, bank… Source
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Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more
One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I was reminded of this today when I needed to reschedule a few stories so…
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