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Dropp
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Summary
location iconNewark, New Jersey
website
company sizeCompany size: 1-10

Dropp is a “pay per use” small value transaction payment platform designed to make it easy for consumers to purchase small-value goods and services securely without signups. Dropp enables the “Pay-per-usage” model that appeals to a growing customer base that wants to use services on an ad-hoc, on-demand basis and only pay for what they use. Dropp enables merchants that provide cloud-based data API, market data feed, IoT sensor data, and others facing a similar challenge can leverage this platform to offer their services more cost effectively in smaller increments.

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Digital Services
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Dropp - Recent News & Articles

FedNow Has Launched As Blockchain Innovation Delivers Next-Gen Instant Payments

The U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions to transfer money for their customers instantly. ...

Source: Forbes

US recession would be a big catalyst for Bitcoin: BlackRock

Bitcoin would be a big winner from a potential US recession as it’s built to thrive in a high fiscal spending, low interest rate environment, says a BlackRock executive. BlackRock’s head of digital as...

Source: Cointelegraph

Fiserv CEO transition took only 10 days, CFO says

Fiserv’s leadership transition was over in less than two weeks last month, with the payment processor now run by two top executives after Chairman and CEO Frank Bisignano deemed his successor ready to...

Source: Payments Dive

Fintech Klarna files for IPO at a weak point for public debuts

Klarna Group Plc has filed for a U.S. initial public offering at a weak moment for company debuts, though the fintech player thinks it can offer investors more than just its buy-now-pay-later products...

Source: MarketWatch

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

Fintech stocks plummet as Wall Street worries about consumer spending, credit

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022. Crypto-related companies Robinhood, Coinbase and Strategy all notched double-digit decl...

Source: CNBC

PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions

The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...

Source: The Fintech Times

Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued E...

Source: CNBC

European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements

The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...

Source: The Fintech Times

Banking Associations Warn New Overdraft Rule Could Harm Consumers

Five banking associations have called on the CFPB to withdraw its new regulation on overdraft fees, arguing that it is unnecessary due to recent innovations and could potentially harm consumers.The co...

Source: Banking Exchange