{"id":4510,"date":"2019-03-06T18:28:00","date_gmt":"2019-03-06T18:28:00","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4510"},"modified":"2022-04-15T11:27:27","modified_gmt":"2022-04-15T17:27:27","slug":"adyen-catches-up-with-stripe-mastercard-launches-new-payments-system-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/adyen-catches-up-with-stripe-mastercard-launches-new-payments-system-news-roundup\/","title":{"rendered":"Adyen Catches up with Stripe; Mastercard Launches New Payments System: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s<\/em> News Roundup is a curated mix of the past\nweek\u2019s news and articles from around the web, including company announcements,\nglobal payments news, and other coverage and analysis of topics relevant to\npayment facilitators.<\/strong><\/p>\n\n\n\n

Big Brands Doing Big Things<\/em><\/h4>\n\n\n\n

Adyen catches up with\nStripe<\/strong>. The Amsterdam-based fintech is now giving Silicon Valley-based\nStripe a run for its money \u2013 literally. With its stock surging almost 50% this\nyear to a total valuation of around $22 billion, Adyen is now neck-and-neck\nwith Stripe, whose market valuation climbed to $22.5 billion just this year.\nFrom Quartz<\/a>.\n<\/p>\n\n\n\n

Mastercard launches\nBank in the Box in Caribbean<\/strong>. Targeting micro, small and medium-sized\nenterprises (MSMEs) specifically, the global brand introduces an electronic\npayment system to cater exclusively to their market. Dubbed \u201cBank in the Box,\u201d\nthe kit contains a mobile card reader compatible with any phone and a\nMastercard debit card \u2013 enabling merchants to begin accepting electronic\npayments in a plug-and-play format. From Loop.<\/p>\n\n\n\n

PayMate and Visa\npartner to expand their reach<\/strong>. Viewed as an extension to the company\u2019s 2018\npartnership with Visa in the Indian marketplace, this most recent iteration\ntargets Middle East, Africa and both central and eastern Europe. This\ninitiative is targeting 2,000 SMEs over the next few months, with real estate,\ninsurance and travel as the primary targets. From ET\nTech<\/a>. <\/p>\n\n\n\n

India\u2019s IRCTC\nlaunches proprietary gateway<\/strong>. The Indian Rail Catering and Tourism\nCorporation (IRCTC) has responded to the drive towards digital with their own\nproprietary gateway. This app-based interface touts hassle-free travel booking\nusing payment options such as credit, debit, UPI and international card. From Trak.in<\/a>.<\/p>\n\n\n\n

The Fraud Factor<\/em><\/h4>\n\n\n\n

Visa to raise\nsecurity standards on VCMP and VFMP programs<\/strong>. The global brand intends to\ntoughen the qualifying thresholds for their Visa Chargeback Monitoring and Visa\nFraud Monitoring programs. The goal is to ensure merchants are transacting\nethically and that transaction processing and data storage are both navigated\non PCI-compliant systems. From The\nPaypers<\/a>. <\/p>\n\n\n\n

Digital Download<\/em><\/h4>\n\n\n\n

London looks to\ncashless to curb theft<\/strong>. Organized crime gangs are cleaning up the streets\nof London with a sledgehammer and a vacuum? Sources say these gangs are\ntargeting parking meters across the city \u2013 smashing them with a sledgehammer\nand then vacuuming out what is now a significant amount of coin from the\nKensington and Chelsea Council over the last 12 months. The city looks to\ncashless meters to curb the theft. From Daily\nMail<\/a>. <\/p>\n\n\n\n

Fintech Forward<\/em><\/h4>\n\n\n\n

The call to lending continues<\/strong>.\nPayment acceptance is just the beginning for micro merchants looking to\ncapitalize on and cater to the ever-expanding digital economy. Lending is the\nnext, most obvious step beyond payment acceptance. Companies like Razorpay,\nInstamojo and PayU India are all jumping on the bandwagon with lending small\namounts to start with and then expanding their offerings consistently. And they\naren\u2019t the only ones. From The\nEconomic Times<\/a>. <\/p>\n\n\n\n

Industry News<\/em><\/h4>\n\n\n\n

CardFlight:\nCardFlight Adds Invoices Capability to SwipeSimple to Deliver Easy Payment\nAcceptance to A Broader Merchant Base<\/a><\/strong><\/p>\n\n\n\n

MySchoolWallet: School Payments and Donations Go Mobile with New App from Community Brands<\/a><\/p>\n\n\n\n

SimplePay: SimplePay Raises US$5m of\nPrivate Capital Investment to Bring More Interactive and Connected Digital\nPayments to Smart Cities of the Future<\/a><\/strong><\/p>\n\n\n\n

Klarna: Klarna and PayBright\nPartner to Give More Shoppers the Ability to Pay over Time<\/a><\/strong> <\/strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[24,431,502,640,668,846,939,947,951],"class_list":["post-4510","post","type-post","status-publish","format-standard","hentry","category-archive","tag-adyen","tag-irctc","tag-mastercard","tag-paymate","tag-payu","tag-stripe","tag-vcmp","tag-vfmp","tag-visa"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4510"}],"version-history":[{"count":2,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4510\/revisions"}],"predecessor-version":[{"id":8585,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4510\/revisions\/8585"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4510"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}