All articles tagged with #payments
Sony’s latest patent suggests the PS5’s DualSense controller could function as a payment device, enabling users to pay via proximity to a linked smartphone with the transaction then reflected on the console—though patents are not guarantees of feature releases and Sony could alter or drop the idea.
Trump promotes a plan to pay voters $5,000 as a “dividend,” blaming Democrats for blocking it; the idea has drawn skepticism over legality and cost, with experts estimating a potential price tag of over $1 trillion and GOP leaders saying Congress would need to act before any payout.
Walmart will begin letting customers pay with Apple Pay or Google Pay at select Walmart and Sam’s Club locations starting August 24, 2026, with broader rollout to all U.S. stores by the end of the year and gas stations by mid-2027. The move ends Walmart’s long absence from NFC payments, which followed earlier attempts like Walmart Pay and the CurrentC saga, as the company says Tap to Pay will give customers more payment options.
As LIV Golf pivots from PIF funding to new investors, contractors and vendors report unpaid invoices ranging from thousands to nearly $100,000, with some pursuing legal action. The league is exploring a funding deal with BC Partners to extend operations beyond 2026 amid talks of a potential restructuring or bankruptcy, while a transition to a new “LIV 2.0” structure looms.
Stripe and private equity firm Advent International are in talks to acquire PayPal, after a July bid valued PayPal at about $53 billion ($60.50 per share), with a deal reportedly possible in the coming weeks. A merger would create one of the largest online payment players, potentially integrating Venmo, PayPal Checkout, and crypto features into Stripe while possibly reducing Stripe’s reliance on Visa/Mastercard. PayPal’s new CEO Enrique Lores has reorganized the company into three units (checkout, Venmo, and payments/crypto), and it’s unclear how the structure would adapt post-acquisition. The combined company could process roughly $3.7 trillion in payments annually, but talks could still collapse.
FIFA president Gianni Infantino denied allegations of an extramarital relationship with a UEFA employee after The Telegraph reported UEFA paid her six-figure severance and MBA fees during his time as UEFA general secretary (2009–2016); UEFA says the payments were in line with the regulations then in force, which have since been tightened, while Infantino calls the allegations defamatory amid ongoing friction between FIFA and UEFA over governance and plans for private investment in football.
Klarna has applied to set up a U.S. FDIC‑insured bank in Utah, enabling it to fund loans with customer deposits and bring more banking operations in-house, while broadening its offerings beyond buy now, pay later and reducing reliance on third‑party banks.
The Social Security Administration has published July 2026 payment dates: Supplemental Security Income (SSI) is paid on the 1st (or the preceding weekday if it falls on a weekend/holiday); Retirement, Disability, and Survivors (RSDI) benefits depend on when you started and your birthdate—pre-May 1997 claimants are paid on the first Thursday (July 2 this month), while post-May 1997 claimants are assigned to the 2nd, 3rd, or 4th Wednesday (July 8 for 1st–10th births, July 15 for 11th–20th, July 22 for 21st–31st). The SSA is phasing out paper checks in favor of electronic payments, and missing payments should be reported to your bank first, then to SSA at 1-800-772-1213. The article also notes a possible ~3.9% COLA increase for 2027 per the Senior Citizens League.
The Federal Reserve Board, jointly with four other agencies, issued a proposal requiring certain payment stablecoin issuers to implement an effective customer identification program, comparable to CIP requirements for banks and credit unions, with comments due 60 days after Federal Register publication.
American Express announced a proposed acquisition of TheFork, a leading European restaurant booking platform.
PayPal faces its biggest challenge yet as a crowded online checkout market intensifies competition from tech wallets and fintech rivals, pressuring the company to innovate beyond its core wallet and BNPL offerings to maintain merchant and shopper share.
Kickstarter has scrapped its newly introduced mature-content guidelines and restored an earlier version after backlash, noting that the rule changes were influenced by Stripe’s compliance requirements and that it has advocated for creators with Stripe; the company says it will continue pushing for flexibility and clarity while creators still face Stripe’s rules.
Tariff refunds have begun to be issued to eligible importers, with a heavy-truck manufacturer and a toy company among the first recipients as payments start flowing out.
Venmo is rolling out a major app redesign that sets new users’ posts to be visible only to friends by default during onboarding, with options to make posts public or private later. The update, part of a broader redesign including new surfaces like Send, Money, and Rewards, aims to boost user trust and privacy; rollout will occur in stages on iOS/Android in the coming weeks.
Unconfirmed reports and multiple sources have floated the possibility of LIV Golf shutting down, with talk of a New York meeting and payroll- or payment-related chatter; however, some players and media say operations are continuing and LIV Mexico City is proceeding as planned, leaving the situation as a developing story with no official confirmation.