JPMorgan said it would provide its 4 million small businesses clients with WePay's payments technology. The investment bank did not disclose the value of the acquisition, but the Wall Street Journal reported the price being above $220 million.
The healthcare sector is utilizing the RFID technology to monitor patients, real time tracking of assets, medication authentication, wait time monitoring and more.
Three Square Market (32M) say the RFID chips will be implanted under the skin between the thumb and the forefinger and could be used to buy snacks, open doors or log into office computers.
M-commerce is growing at a staggering rate - and a lot of its success is linked to mobile apps, which are becoming more and more popular.
Facebook-owned Whatsapp is considering a move into digital payment services in India, according to multiple reports today. A job advertisement on the company's website said it was looking for a ‘Digital Transactions Lead’ in the country.