News That Matters

Tag: introduces

PayPal introduces a new cash back credit card

PayPal introduces a new cash back credit card

Finance
5 stunning stats about credit cardsPayPal is hoping to expand its membership by rolling out a new cash-back credit card. The PayPal Cashback Mastercard, which is only available to PayPal members, gives cardholders 2% cash back on every purchase. PayPal's card is notable for the high amount of cash back it offers on purchases across the board. The new card also has no annual cash back limit, no minimum redemption amount, no restriction on how to spend cash rewards and no expiration on rewards. While other cards offer a higher percentage of cash back, it's usually only offered on certain categories of purchases like groceries or airfare and often comes with a cap on spending. Citi's Double Cash card gives you 1% for purchases and 1% when you pay it back, rather than a full 2% all at once a...
Facebook introduces new video service

Facebook introduces new video service

Technology
Social media giant Facebook has made a move into dedicated video, pitting it against YouTube and TV networks. Users will soon see a new Watch tab that will offer a range of shows, some of which have been funded by the social networkWatch will be personalised so that users can discover new shows, based on what their friends are watching. Viewers will also be able to see comments and connect with friends and dedicated groups for shows. "Watching a show doesn't have to be passive," said the company's founder Mark Zuckerberg in a Facebook post. "It can be a chance to share an experience and bring people together who care about the same things." Video has been available on Facebook for some time, but until now, it has mostly been dominated by amateur clips or short segments from news organis...
Standard Chartered introduces new Multi currency forex card

Standard Chartered introduces new Multi currency forex card

Finance
Mumbai: India' largest foreign bank Standard Chartered Bank has launched a ‘Multicurrency Forex Card’ to offer a seamless experience for overseas travelers allowing customers the convenience of loading up to 20 widely used currencies on one card with an online reload facility during the overseas travel. In a release sent to the press, the bank said that the card is designed to offer travelers a secure way to carry money when traveling abroad. Some of the currencies that can be loaded are US dollar, Euro, British Pound, Singapore dollar, Swiss franc, Thai baht, Japanese Yen and South African rand. The card will also provide Forex rate lock-in with zero mark-up on cash withdrawals and shopping abroad. Travelers get protection against the frequent currency fluctuations by locking in the c