Posts Tagged ‘payment facilitators’
Growing Payment Facilitator Market Creates Industry Opportunity: Report
A recent report detailed a healthy forecast for the growth of the payment facilitator market, which has the potential to reach $4 trillion in gross payments volume by 2025.
This is, of course, good for the companies that are choosing to become PFs. But it’s also good for other players in the payments ecosystem.
Read MoreSquare Launches Online Checkout Button; COVID-19 Shifting Consumer Behavior: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreExpert Perspective: How Can Payment Facilitators Mitigate Risk During COVID-19?
As businesses adjust to the changing times due to COVID-19, criminals and other bad actors are actively seeking ways to capitalize on the crisis. So, what can payment facilitators do to help protect themselves and their submerchants from fraud and other types of risk in this environment?
Read MorePayment Facilitators Expected to See $15 Billion in Transaction Revenue by 2025: Industry Forecast
Over the next five years, payment facilitators are expected to process more than $4 trillion in global gross payment volume, representing a 28.4% compound annual growth rate. During that same time period, PFs could collectively generate up to $15 billion in transaction revenue.
Read MoreWhat are Reserves, and How Do Payment Facilitators Use Them to Mitigate Risk?
Payment facilitators have a number of tools they can use to reduce their exposure to risk. To mitigate against credit risk, PFs will sometimes hold back funds from the submerchant – known as a reserve – to guard against possible future losses.
When are reserves typically used, and is now – as many businesses are experiencing financial hardship because of the coronavirus – a time to implement them?
Read MoreShopify Expands Shopify Capital to Canadian Merchants
Shopify announced this week that it is expanding its Shopify Capital cash advance product to Canada to provide assistance to small businesses there.
Read MoreSquare Co-Founder on “Innovation Stacks”; Spotify Launches Fundraising Feature: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MorePlanning Now for a Sustainable Post-COVID Future
While attention for many software companies is currently focused on getting through the COVID-19 outbreak – and rightly so – managers can’t afford to ignore the future of their companies.
Read MoreCOVID-19 May Push Japan to Ecommerce; Indians Turning to PF Paytm, Other Apps to Pay for Essentials: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreProtecting Your Merchant Portfolio from COVID-19 Risks
The outbreak of a global pandemic is unlike anything the payments industry has previously encountered. But that doesn’t mean the resulting threats themselves are new – simply that the risk of encountering them is dramatically heightened.
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