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JPMorgan to buy online payment provider WePay

“(Reuters) – JPMorgan Chase & Co said on Tuesday it would acquire online payment provider WePay as the bank looks to integrate payments into software used by small businesses” reports businessinsider.com. WePay’s technology, popular among small businesses, helps online software service providers like FreshBooks and crowdfunding websites such as GoFundMe process payments without impacting the user experience designed by developers. Earlier this month, JP Morgan led a $100 million investment in Bill.com, which it partnered with to help business clients make and receive payments electronically. Source: businessinsider.com Share This:

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Venmo is now here for your online shopping payment needs

“Bust out those jeans and high heel emojis – Venmo is about to change your online shopping game” writes Rachel Kraus for mashable.com. With each payment made online using Venmo, PayPal will charge the merchant a fee.On Tuesday, PayPal-owned Venmo announced that its users will soon be able to use Venmo to make merchant payments online.As with its peer-to-peer service, Venmo users will be able to split, charge, and pay these online purchases with friends in the app. Source: mashable.com Share This:

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Venmo users can now shop online anywhere PayPal is accepted in the U.S.

“PayPal this morning announced its mobile payments service Venmo is now available at over 2 million online U.S retailers, allowing Venmo users to shop on the mobile web at almost everywhere PayPal is accepted today” writes Minutes Ago Katie for techcrunch.com. As with PayPal, eligible purchases bought using Venmo online will qualify for purchase protection, too.This will make it easier for Venmo users to split their online purchases with friends, as the store, transaction date, and amount will all be available in the Venmo app.Users will be invited to activate…

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News Platforms 

Binary Options Broker Binary24 Launches New, Innovative and Fully Transparent Trading Platform Which Offers Anonymous Cryptocurrency Trading.

“Binary24, an online binary options broker, has launched its highly anticipated, fully transparent, trading platform” reports newsbtc.com. Click on the image to view Binary24 demo Binary24 is an online trading platform designed by traders for traders, particularly those who would like to trade in cryptocurrencies.This game-changing honesty mechanism reassures clients that this trading platform is fair and verifiable thanks to traders being able to check their Historical Quotes.At Binary24, the registration process is quick and simple. 24/7 support and shoutbox are available for all traders.All assets and data, including trader…

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News Platforms 

Venmo now lets you pay online at millions of U.S. retailers where PayPal is accepted

“Furthermore, Ready noted that PayPal is expanding Venmo on the Braintree platform with support for mobile web payments, in addition to those made in-app” writes Paul Sawers for venturebeat.com. By focusing on companies already offering PayPal through their websites, this allows Venmo to scale much more quickly as a payment platform. Source: venturebeat.com Share This:

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How online dating affects divorce rates

“However, Chelsea Reynolds an assistant professor of communications at California State University, Fullerton who researches dating behavior, said some of the effects of online dating are less desirable” writes Kari Paul for marketwatch.com. What’s more, online dating leads to could lead to happier couples, too. “Our model predicts that, on average, marriages created when online dating becomes available last longer than those created in societies without this technology,” they wrote.Of couples who got together online, 5.9% broke up, versus 7.6% of those who met offline, the study found. Source: marketwatch.com Share…

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GBP News 

Facebook will train British teens to stand up to online bullying

“In 2014, another study by Cox Communication found that 39% of teens had witnessed online bullying on Facebook, while 29% on YouTube, 22% on Twitter and Instagram” writes Gianluca Mezzofiore for mashable.com. Acknowledging that students are more likely to open up with their peers rather than with adults about online bullying, Facebook has decided to partner with two youth charities — Childnet International and The Diana Award — to train “anti-bullying ambassadors” in each UK secondary school.Facebook has long been the worst social network for cyberbullying, though recently Instagram has…

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News Stocks 

Buy a Sofa Online? Wayfair Is Counting on It

“Most major furniture retailers will change at least $130 to deliver a couch” writes Julie Creswell for nytimes.com. A sofa from another company may start at $1,000, but Wayfair sells its sofas at an average price of $600, a spokeswoman said.But the big question hovering over Wayfair is whether the company can ever make money by delivering bulk furniture virtually for free.Wayfair argues that the margins of its competitors, like Restoration Hardware or Williams-Sonoma, are higher because they are building extra profit into their pricing. Source: nytimes.com Share This:

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