US payment start-up Stripe makes Asia move with Singapore launch

Stripe, a US payment start-up backed by Paypal founders Peter Thiel and Elon Musk, sought to secure its foothold in Asia Tuesday with an official launch in a key financial nerve centre, Singapore...

PayPal shutdown in Turkey "devastating" for small businesses

PayPal ceased operations in Turkey as of Monday, after the country's banking watchdog rejected the company's license, saying it failed to comply with localization regulations.