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Airtel Payments Bank Smartwatch With NFC for Contactless Payments Launched in India: Price, Specifications

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard. The main offering of the Airtel smartwatch is that it is NFC-enabled and allows users to make contactless ‘Tap and Pay' payments up to Rs. 25,000 per day.Airtel Payments Bank…

Airtel Africa considering public shares sale of mobile money business

Mobile network operator Airtel Africa, which has Nigeria as its biggest market, is giving thought to launching a public shares sale for its mobile money arm, whose valuation exceeds $4 billion once the transaction is completed. It has been in talks with possible advisors for a planned listing of the shares from the initial public offer on a stock exchange, yet to be decided, in any of London, the UAE and Europe, Bloomberg reported Wednesday, citing sources with the knowledge of the move. Airtel Money needs to be…

Why can’t you use a credit card to buy weed in Colorado?

Americans are accustomed to using a credit card when shopping, especially when making online purchases. That is, unless, they are buying weed. Cannabis is among the country’s only industries that rely almost exclusively on cash transactions. Despite recent changes to Colorado laws that aim to modernize the customer experience, experts say it will take changes at the federal level before purchasing marijuana is as easy as checking out on Amazon. In 2023, legislators passed a bill that made it legal for dispensaries to…

Microsoft and others are making new tools to help small businesses capitalize on A.I.

The influx of generative artificial intelligence software is transforming small businesses. Small business owners are using A.I. tools like OpenAI's ChatGPT, Google's Bard and others to check grammar in emails, punch up marketing copy and research business plans. What's more, bigger companies are developing tools specifically to help small businesses integrate A.I. into their operations in more advanced ways.Microsoft's Copilot lets users ask software to perform tasks like summarize an email or a Teams meeting, come up…

Razorpay POS unveils 2-minute instant refunds for failed UPI transactions

Image Source : RAZOR PAY Razorpay POS unveils 2-minute instant refunds for failed UPI transactions Razorpay POS, a fintech platform has recently launched an industry-first 'instant refunds' feature on failed unified payments interface (UPI) transactions in India. The solution by Razorpay POS will provide users with instant refunds for failed UPI transactions within two…

Pornhub Has a New Kink: Consent

Pornhub notified performers this week that the platform is requiring proof of consent from anyone featured in its videos moving forward, according to emails seen by 404 Media Thursday. The policy update is Pornhub’s latest effort to verify that its performers are not being abused or sexually trafficked.Remake this Sci-Fi Film with Peter Capaldi!“On January 23, 2024, in addition to providing approved Co-Performer IDs, we will also require proof of consent, such as Signed Release Forms, when a new Co-Performer is added onto…

Where Americans spent the most money this holiday season

Americans spent notably more money during the holiday shopping season as the U.S. economy powered through high inflation and interest rates. Retail sales in the U.S. excluding auto sales rose 3.1 percent from last year, according to data released by Mastercard SpendingPulse on Tuesday. “This holiday season, the consumer showed up, spending in a deliberate manner,” Michelle Meyer, chief economist for the Mastercard Economics Institute said in a release on the new data. “The economic backdrop remains…

Apple faces legal troubles over its ‘deal’ with Visa, Mastercard

A class action lawsuit has accused Apple, Visa, and Mastercard of conspiring to limit competition for point-of-sale payment card services. According to Reuters, the lawsuit alleges that this has resulted in merchants paying higher fees for credit and debit transactions, which are artificially inflated. Mirage Wine & Spirits, a beverage retailer in Illinois is suing companies on behalf of all merchants in the United States who accepted Apple Pay as a payment method at physical point-of-sale.The complaint claims that…

Apple, Visa and Mastercard sued in proposed class action antitrust case over Apple Pay card fees

A proposed class action lawsuit has accused Apple of accepting a form of bribe from Visa and Mastercard to ensure their dominance over point-of-sale payment card services for Apple Pay transactions, according to . As a result, the lawsuit says merchants have been forced to pay higher fees.The companies are being sued by beverage retailer Mirage Wine & Spirits in Illinois on behalf of “all merchants in the United States that accepted Apple Pay as a method of payment at the physical point-of-sale.” According to the…

Mastercard launches Shopping Muse, an AI-powered shopping assistant

Mastercard is launching a new generative AI shopping tool called “Shopping Muse” that is designed to help users get personalized product recommendations. The tool is powered by Dynamic Yield, a personalization company that was acquired by Mastercard in April 2022. Mastercard says the idea behind Shopping Muse is to “revolutionize how customers search for and discover products in a retailer’s digital catalogue.” The tool can take users’ colloquial language and turn it into tailored product…