- Consumers appear to like using their mobile wallets for payments, with PSCU, a credit union service organization, reporting a 70.3% increase in the use of debit cards for the week ending Sept. 20 over the week ending Sept. 22, 2019. Credit card use in wallets was up 50.4%.
- Some 76% of small-business owners will offer time off to employees to vote in the upcoming presidential election, according to a survey by Square Inc. and Wakefield Research.
- Stripe Inc. led a $12-million Series A investment round in Philippines-based payments provider PayMongo.
- London-based payments provider Cyclebit has launched Cycle Online, a service intended to allow merchants to accept cryptocurrency alongside traditional currencies.
Strange times. Seemingly overnight, one of the most durable and heavily weighted key performance indicators …