Payment apps and touch screens have made it easy for merchants to ask us for preset gratuity amounts. We don’t need to succumb to the pressure.
Category: Mobile Commerce and Payments
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Tech Is Allowing Businesses to Overcharge You in Tips
The New York Times – Business: -
India Embraces Digital Payments Over Cash, Even for a 10-Cent Chai
The New York Times – Business:India’s homegrown instant payment system has remade commerce and pulled millions into the formal economy.
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Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
The New York Times – Business:While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
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I.R.S. Delays Tax Change for Users of Venmo, Cash App and Other Digital Wallets
The New York Times – Business:Users who receive income through digital payments will have another year before having to comply with a new tax rule that had sowed confusion and concern.
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New I.R.S. Rules for Online Sales Sow Fears About Surprise Tax Bills
The New York Times – Business:Users of digital wallets and e-commerce platforms like Venmo, CashApp, Etsy and StubHub must start reporting small transactions.
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Zelle Fraud Victims Are in Line to Receive Reimbursements
The New York Times – Business:A rule change planned for early next year would shift liability for some losses onto the banks, not their customers.
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Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud
The New York Times – Business:Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.