{"id":4518,"date":"2019-03-13T19:52:47","date_gmt":"2019-03-14T00:52:47","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4518"},"modified":"2021-06-16T17:28:03","modified_gmt":"2021-06-16T17:28:03","slug":"4518","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/news\/4518\/","title":{"rendered":"PayPal Breaks UK SMB Lending Barrier; Mexico Looks to QR: 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 Going Big<\/em><\/h4>\n\n\n\n

PayPal India strategizes\nits move into a $215 billion market<\/strong>. The U.S.-based company has decided to take\nthe jump into one of the market\u2019s most lucrative sectors \u2013 online education.\nAccording to PayPal statistics, more than 2 million students are already paying\nonline for education and this number is expected to reach 10 million by 2021.\nFrom YourStory<\/a>. <\/p>\n\n\n\n

PayPal\nincreases cash advances and breaks UK SMB lending barrier<\/strong>. The global\nbrand entered into the UK lending arena in 2014 through a platform called\nPayPal Working Capital. Designed to provide a financial lifeline for small\nbusinesses, the company has increased the advances enabled through its platform\nby an impressive 60% \u2013 breaking the \u00a31 billion\nbarrier for UK small business lending. From Finextra<\/a>. <\/p>\n\n\n\n

The Quick Response Edit<\/em><\/h4>\n\n\n\n

Mexico looks to QR to\nreach its unbanked population<\/strong>. Banco de M\u00e9xico, the country\u2019s central bank, looks to QR\ncode technology to service a very large subset of their population.\nStrategizing potential partnerships with both Amazon and Argentine online\nmarketplace MercadoLibre, CoDi (the QR-based mobile payments system) would help\nunite the ecosystem as less than half of Mexican households currently have a\nbank account. From Reuters.<\/a> <\/p>\n\n\n\n

Fraud\nFactor<\/em><\/h4>\n\n\n\n

SMBs in U.S. and Canada think they\u2019re too small for fraud.<\/strong> And not just some small businesses \u2013 48% think they\u2019re simply not big enough to incur the wrath of online fraudsters. In 2018 alone, fraud cost SMBs an average of $28,313.33 \u2013 a number large enough to warrant concern \u2013 yet 58% also feel the concern should fall to the shoulders of the larger businesses. Where does this discrepancy originate from and why doesn\u2019t size matter when it comes to fraud? From The Paypers.<\/a> <\/p>\n\n\n\n

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

MercadoLibre:\nMercadoLibre to Raise $1.85 Billion in Equity Offerings<\/a><\/strong><\/p>\n\n\n\n

Klarna: Alternative Airlines and Klarna Enable\nFlexible Payment Alternatives for Travelers Across Europe<\/strong><\/a><\/p>\n\n\n\n

Adyen: Agoda Partners with Adyen to Improve\nPayment Experience for Customers<\/strong><\/a><\/p>\n\n\n\n

Mastercard: Mastercard Advances Cross-Border\nCapabilities with Acquisition of Transfast<\/strong><\/a><\/p>\n\n\n\n

Grab: Grab secures US$1.46 billion investment\nfrom the SoftBank Vision Fund<\/strong><\/a><\/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.\ufeff<\/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":[1014],"tags":[69,363,469,502,658,725,726],"class_list":["post-4518","post","type-post","status-publish","format-standard","hentry","category-news","tag-ayden","tag-grab","tag-klarna","tag-mastercard","tag-paypal","tag-qr-codes","tag-qr-based-payments"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4518","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=4518"}],"version-history":[{"count":1,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4518\/revisions"}],"predecessor-version":[{"id":7306,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4518\/revisions\/7306"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4518"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}