PayPal Steps Up Square Challenge with iZettle Acquisition

Deep pockets, multichannel expertise and access to markets are all coming together to make PayPal and iZettle look very much like a formidable global competitor to Square. This acquisition is the latest in a string of deals in which key players are combining expertise and market coverage to adapt to a rapidly evolving payments environment.

In this space, expansion and growth often come down to the question: Who can serve small businesses best?

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2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs

Many companies have now released fourth quarter earnings for 2017 and everyone from Square and Shopify to Blackbaud and RealPage are reporting growth both quarterly and annually. The payment facilitator model, again, proves to be a lucrative business opportunity and with the continuous growth and momentum that digital technology brings to the payments ecosystem, 2018 is expected to follow suit.

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First Data Launches New E-Commerce Solutions for PFs

Payment processor First Data has launched a new e-commerce program for payment facilitators that it’s calling Global PFAC.

As part of First Data’s e-commerce suite of products, Global PFAC offers a single integration interface that allows merchants to settle and fund transactions in more than 40 countries and 17 currencies.

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