Mobile payments

Athens International Airport (AIA) presented a mobile app designed especially for Chinese travelers on Wednesday, aiming to make things easier for them when flying into and out of Athens as well as during their stay in the city.

PayPal Holdings acquires iZettle, one of Europe's most popular financial starters. The value of the deal is $ 2.2 billion, the companies said.

The agreement will allow PayPal to expand its presence in the global payments and represent the largest acquisition in the history of the San Jose-based company in California.

Bulgarian cardholders are very interested in the possibility to pay via their mobile phone, according to the mastercard MasterIndex 2017. According to the survey, two-thirds of the active cardholders in Bulgaria want to pay with their smartphone at a store by bringing the mobile device to a contactless terminal as well as online via a mobile application.

Uber on July 13 announced that it was merging in Russia and five other ex-Soviet states with the taxi hailing app of the country's leading internet giant, Yandex.

The Telegraph reported last week over one ground-breaking program in London aimed at pinpointing, promoting and implementing a start-up idea to immediately boost the crisis-plagued Greek economy.

Six short-listed companies worked with corporate mentors, including Google executive Steve Vranakis and George Kartakis of Paypal-owned Braintree, according to the newspaper.

Mobile wallet service Isis is changing its name to distance itself from an acronym used to refer to militant group Islamic State of Iraq and Syria.
      

People in the two Balkan countries will be able to use PayPal services as of this week, the company announced.

The entry of PayPal to Macedonia and Montenegro forms part of an expansion of services to ten new countries across the world.

SUBOTICA - Serbia's State Secretary for Trade and Telecommunications Stefan Lazarevic has said that PayPal could soon allow reception of payments from abroad in Serbia.