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Yzna Origami Partners With UnionPay For Global Expansion; Aircoach Rolls Out Contactless Payments
Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC.He shared the news in an stanley cup canada interview, as Uber shares suffered from less-than-promising Q2 results. We took a look at Caviar. Its a great brand, Khosrowshahi said.聽 It wasnt the right deal for us. Square sold Caviar to DoorDash instead, for $410 million on Aug. 1. Square originally purchased Caviar in 2014 for $44 million.Khosrowshahi noted that Uber Eats would focus on growth instead of acquisitions, and that he sees food delivery as a real battle in the upcoming years. The Eats market continues to be very competitive, he said.He added that hes not worried that turning down Caviar will have any effect on future potential acquisitions. Were Uber, he said. Everyone wants to talk to us. Ubers Q2 loss was $4.72 a share, which was more than聽expected. Its revenue of $3.17 billion was also a miss. The company did see gross bookings beat expectations, although Uber Eats gross bookings did not meet foreca stanley usa sts.In terms of other positive advances achieved, Khosro stanley cup romania wshahi referred to the success of Ubers loyalty programs for both customers and drivers.Though no new numbers were offered on the consumer side, Uber did note that rewards has created synchronicity between Uber Eats and ridesharing, with consumers enrolled in the program twice as likely as to be active on both Rides and Eats. So with rides, I say the competitive environmen Gmff As European Lenders Retreat, Chinese Banks Step In
Bangalore based Ezetap Mobile Solutions, which was founded in 2011, was chosen by State Bank of India, the largest public sector bank, to launch a 5-year 500k m-POS deployment. The start-up was chosen given it has a price tag of less than USD 50 and has been fully designed and developed in India.Apart from card payments, the solution can also carry out real-time bill payments and ATM withdrawals and deposits.India has over 300M unique payment card stanley termohrnek holders, but acceptance infrastructure isnt good.Mr. S.K. Mishra, Deputy Managing Director, State Bank of India said, Mobile POS has the power to transform payments and commerce in India. M-POS can be deployed easily and at low cost in every corner of the country. In addition to building Indias larges stanley quencher t merchant acceptance network, the SBI-Ezetap platform allows us to provide many value-added services for merchants and consumers from a single, secure POS device and application. Abhijit Bose, Co-Founder and CEO of Ezetap said, State Bank of India can chang stanley website e the landscape of commerce in India by ensuring ubiquity of electronic payments in every corner of the country. Being chosen by State Bank of India is a validation not just of the solution that we have built, but also of our ability to scale and support the largest bank in the country. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.

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