Sprint Secures Another $1 Billion in Financing
Sprint today announced measures it has taken in order to acquire more capital for on-going business operations. The company secured a $1 billion credit agreement from Deutsche Bank and other banks to finance equipment purchases from Ericsson for its Network Vision project. Sprint today also announced that it is retiring $1 billion in fourth quarter 2013 debt maturities. Sprint raised several billion in capital in late 2011 and early 2012 through the sale of notes. Sprint is using the funds for general operations, the build out its LTE network, and to help fund Clearwire. Sprint expects to launch its LTE network in several markets in the coming months, with 120 million POPs covered by the end of 2012.
Google Launching Android Pay Today
Sep 10, 2015
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Microsoft Adds PayPal 'Send Money' Tool to Skype
Aug 2, 2017
Microsoft today said the latest version of Skype for Android and iOS devices makes it possible to send funds to other Skype users via PayPal. Users will be able to send money through PayPal without leaving the Skype app.
Zelle P2P Payment App Reaches Consumers September 12
Sep 8, 2017
Zelle today said its mobile peer-to-peer payment application will reach the Google Play Store and iTunes App Store on Tuesday, September 12. The service has been in testing since June.
Several Banks Add Android Pay to Their Own Apps
Apr 12, 2017
Google has partnered with a small number of financial institutions in order to ease the process of signing up for Android Pay. Several banks, including Bank of America, Bank of New Zealand, Discover, mBank, and USAA, now let customers add debit/credit cards directly to Android Pay from within the mobile banking app.
Zelle Promises Quick P2P Payments Via Mobile Banking Apps
Jun 12, 2017
Many of today's popular mobile banking apps will soon support a rapid person-to-person (P2P) payment feature through a new service called Zelle. Zelle, developed by Early Warning Systems, is supported by more than 30 of the nation's largest banks for sending funds from one person to another.
Eventually it catches up to you and bites you in the rear. I know from personal experience.
Sprint seems to have the money