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PayPal now lets you link loyalty cards to its iOS app

Jul15
by on July 15, 2014 at 5:52 am
Posted In: Apps, Around the Web, Product Updates

PayPal has updated its iOS app to let you link loyalty cards from a list of supported merchants (as first spotted by 9to5 Mac). This means you can now carry virtual versions around instead of having to stuff multiple cards into your wallet. The update has not rolled out to PayPal’s Android app yet, but it appears to be only a matter of time. Adding support for loyalty cards looks to be PayPal’s way of making its mobile app even more useful and helping customers stick to one app for payment-related matters at merchants, instead of scrambling to access loyalty…

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The Asian payments firm that acquired Friendster is now bidding to go public in the US

Jul15
by on July 15, 2014 at 5:14 am
Posted In: Around the Web, Asia

Payments company MOL Global is the latest Asian tech company to seek a US public listing, after it filed for an initial public offering that could raise as much as $300 million, Reuters reports. The Malaysia-based company is perhaps best known for acquiring once-popular social network Friendster, but its technology enables payments for a range of online sites and companies across Southeast Asia. The company’s annual revenues jumped 79 percent to $54 million in 2013, while profits tripled to reach $5.8 million. China’s Alibaba is set to go public on the New York stock exchange later this year in a listing that…

This story continues at The Next Web

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