American Express to launch Serve, a PayPal competitor

Amex_Serve-Card-Front-Image-Web-JPGPayPal’s enviable position as the go-to digital payment platform may soon be on shaky ground. According to an official announcement released this morning, credit card giant American Express has its own payment system in the works, which will take direct aim at PayPal and other emerging payment platforms.

The service, dubbed Serve, will share many of PayPal’s features, including fund transfers, ATM withdrawals, and person-to-person payments. Serve users can connect their account to be funded by multiple accounts, including debit or credit cards, bank accounts or from another Serve account.

Serve, which can be accessed online at Serve.com, through apps for iPhone or Android-based devices, or through Facebook, will initially be accepted anywhere that takes American Express credit cards, though the company says it could expand Serve through the adoption of technologies, like the near-field communication (NFC) payment option.

“We intend to quickly evolve the Serve platform by adding new features and functionality as we learn from consumer and merchant experiences,” said American Express group president of enterprise growth Dan Schulman in a statement. “To encourage a broad cross-section of people to experience the benefits and convenience of Serve, we are working with a range of partners to integrate Serve as a payment method and deliver customized offers, and we will waive most consumer fees for the next six months.”

While the absence of fees may sound enticing, Serve isn’t free: AmEx will charge 2.9 percent plus $0.30 anytime money is put into a Serve account. ATM withdrawals will cost $2.00, after one free withdrawal each month. (PayPal has similar fees.)

American Express’ announcement about Serve comes just two weeks after Visa revealed that it, too, would be entering the digital payment market. Other digital payment upstarts that have PayPals number are Venmo and Square.

News of Serve’s launch comes only hours after news that Google, Mastercard and CitiGroup plan to team up to test NFC “digital wallet” technology in select cities.

Home Theater

Apple Music encourages subscribers to give friends a free 1-month pass

It's no secret that Apple has its sights set squarely on Spotify's enviable subscriber count, but how will Apple Music grow? By using existing customers to recruit new members by letting them send friends a one-month free pass.
Movies & TV

Battle of the movie ticket sites: How to make sense of the fledgling industry

MoviePass may be the industry leader in subscription-based movie ticket sales, but the company's troubles have opened the door for competitors AMC Stubs A-List, Sinemia, and Cinemark Movie Club. Here's how the services compare.
Mobile

You can now pre-order the Samsung Galaxy S10, S10 Plus, or S10e

The Samsung Galaxy S10 is one of the most-anticipated phones of the year, offering a new chipset, beautiful display, and more. Now that the phone has been announced you might be wondering where you can get it for yourself.
Home Theater

Make the most out of your new Apple TV with these must-have apps

If you're looking to turn your fourth-generation Apple TV or Apple TV 4K into an all-in-one entertainment powerhouse, we can help you get started with this list of the best Apple TV apps you can download.
Computing

Dodge the biggest laptop-buying mistakes with these handy tips

Buying a new laptop is exciting, but you need to watch your footing. There are a number of pitfalls you need to avoid and we're here to help. Check out these top-10 laptop buying mistakes and how to avoid them.
Computing

Great PC speakers don't need to break the bank. These are our favorites

Not sure which PC speakers work best with your computer? Here are the best computer speakers on the market, whether you're working with a tight budget or looking to rattle your workstation with top-of-the-line audio components.
Computing

The rumors were true. Nvidia’s 1660 Ti GPU, a $280 powerhouse, has arrived

Nvidia has officially launched the GTX 1660 Ti, its next-generation, Turing-based GPU. It promises to deliver all the performance and efficiency for all modern games, but without stepping into the high price range of the RTX series. 
Computing

Confused about RSS? Don't be. Here's what it is and how to use it

What is an RSS feed, anyway? This traditional method of following online news is still plenty useful. Let's take a look at what RSS means, and what advantages it has in today's busy world.
Computing

Everything you need to know about routers, modems, combos, and mesh networks

Modem vs. router: what's the difference? We explain their functions so you can better diagnose any issues prior to contacting technical support. We also talk about a few variants you'll see offered by ISPs and retailers.
Computing

Metro Exodus update brings DLSS improvements to Nvidia RTX 20-series PCs

Having issues in Metro Exodus? A February 21 update for the title recently delivered enhancements to Nvidia’s deep learning supersampling feature and other fixes for low-specced PCs. 
Computing

Limited-time sale knocks $500 off the price of the Razer Blade Pro 17

Looking for an ultra-powerful laptop for yourself or someone else? You're in for some luck. Razer is running a sale on some of its best gaming laptops, cutting down pricing on the Razer Blade 15 and the Razer Blade Pro 17. 
Emerging Tech

Engineer turns his old Apple lle into an wheeled robot, and even gives it a sword

How do you give new life to a 30-year-old computer? Software engineer Mike Kohn found a way by transforming his old Apple IIe into a wheeled robot. Check it out in all its 1980s glory.
Gaming

Want to play as Iron Man or Waluigi in GTA V? Our favorite mods make it possible

Grand Theft Auto V is best on the PC for many reasons, and modifications may be the most important. You can cause riots, spawn unique cars, and play as a cop with just a few extra files.
Computing

Does the GTX 1660 Ti's leaner design make it a better GPU than the RTX 2060?

Nvidia's GTX 1660 Ti is a new Turing GPU without ray tracing or DLSS, but how does it compare to its RTX brethren? We pit the 1660 Ti versus the RTX 2060 to find out in this comparison.