Citcon Inc.

12/17/2020

Trending Now - Venmo PayPal QR Payment in the Time of Pandemic - https://mailchi.mp/citcon-inc/trending-payment-movements-in-the-holiday-season-7119249

12/08/2020

We're excited to announce Citcon's founder and CEO, Chuck Huang, will join Hotel Business Magazine and The Wall Street Journal's panel — Personal Touch or Personal Space: Exploring a Contactless Future — on Dec.10 at 11 a.m. PT.

Click below link to register for free, and watch Chuck and a panel of hospitality industry experts discuss the impact of innovative contactless technologies on the future of the industry.

The hospitality industry is a people industry—warm greetings, welcoming touch points and individualized attention. But COVID-19 has created a world where social distancing and a contact-free environment are expected by guests and required of hotels. How can properties deliver on service and experi...

12/03/2020

In PayPal's recent Q3'20 earnings call released on Nov 2, PayPal announced five major merchants to launch in-store QR code payments, two out of which are supported by Citcon. We are proud to collaborate with PayPal to support its innovative ways for consumers to complete transactions both online and in-store.

Reflecting the rapid transition to digital payments, PayPal has reported its strongest growth in total payment volume and revenue in its history, coupled with strong growth for Venmo, its P2P app.

12/03/2020

With holiday shopping in full swing, Citcon Founder and CEO, Chuck Huang, joined PYMNTS’s CEO, Karen Webster, Greg Lisiewski, PayPal’s vice president of global pay later products, and other executives from payment industry to discuss how retailers can successfully drive conversions this season.

“When it comes to payments, it’s all about adding options for customers - particularly around contactless payments. “ Chuck Huang said in the panel discussion, “and that means working with things like in-app payments and leveraging QR codes.”

Watch the full panel on PYMNTS:

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The holiday shopping season isn't just going to be very different. Top industry experts tell PYMNTS what retailers need to be doing now and beyond the season.

12/03/2020

During PayPal's Nov. 2 earnings call, the company's CEO, Dan Schulman, confirmed Venmo is expected to bring in $900 million in revenue in 2021, which is nearly triple the $300 million sum it brought in in 2019. One of the drivers of this growth will be QR code payments.

Read about how we've collaborated with Venmo to accelerate the use of QR code-based payment opportunities for merchants and consumers on 's Modern Retail

With a built-in audience of more than 40 million users, the next step for Venmo is venturing into powering retail transactions.