Tag: retail
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ECB allocates EUR 1.2 billion for retail digital euro development
The European Central Bank (ECB) has announced the allocation of EUR 1.2 billion towards the development of retail digital euro. This significant investment is part of the ongoing efforts to explore the potential launch of a central bank digital currency (CBDC) in the eurozone. With the increasing popularity of digital currencies such as Bitcoin and…
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XY Retail introduces its payment virtualisation service
XY Retail Introduces Its Payment Virtualisation Service XY Retail is proud to announce the launch of its new payment virtualisation service, revolutionizing the way customers make transactions. This innovative solution aims to provide a seamless and secure shopping experience for consumers while empowering businesses to optimize their payment systems. With XY Retail’s payment virtualisation service,…
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PayPal to sell Happy Returns to UPS
“” PayPal, the globally recognized online payment system, has announced its decision to sell its subsidiary, Happy Returns, to UPS (United Parcel Service). This strategic move by PayPal reflects their focus on honing their core competencies while allowing UPS to expand its footprint in online returns management. Happy Returns, a startup which specialized in simplifying…