The number of times Lyft customers call a customer service line is dropping by about 5% annually, according to data from the company's customer service app.The data comes from the ride-hailing app's latest update to the platform.In the past year, Lyft said it saw more than 5 million customer calls and received more than 2.5 million responses, according the company.While the increase in customer se...
Moneygram, a mobile app that lets you quickly check out credit card transactions, is going public this week.
The company says it will list on the Nasdaq under the ticker symbol MTG.
The company, founded in 2009, is a subsidiary of PayPal Holdings Inc., which also owns the PayPal mobile app.
The app is owned by PayPal’s mobile business unit, which handles the money transfer and payment processes for millions of merchants.
While the IPO is not expected to be a big deal for the company, it could potentially bring new competition to existing payment apps.
The startup says it’s not targeting the average consumer, but rather the big brands and financial institutions that are increasingly targeting payments.