{"id":4562,"date":"2019-05-01T21:06:44","date_gmt":"2019-05-01T21:06:44","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4562"},"modified":"2023-02-13T09:29:08","modified_gmt":"2023-02-13T16:29:08","slug":"payscape-and-nxgen-to-merge-uk-ok-with-paypal-izettle-acquisition-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/payscape-and-nxgen-to-merge-uk-ok-with-paypal-izettle-acquisition-news-roundup\/","title":{"rendered":"Payscape and NXGEN to Merge; UK OK with PayPal iZettle Acquisition: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator<\/em>\u2019s 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

PAYPAL\u2019S GROWTH PLAY<\/strong><\/h4>\n\n\n\n

Why did PayPal make a\nmega-investment in Uber? <\/strong>In a word: growth<\/em>.\nThe size of PayPal\u2019s $500 million investment in Uber is a sign of its ambition\nto grow globally. Combined with its investment in MercadoLibre earlier this\nyear, the deal helps the company compete with the online payments offerings\nfrom giants such as Alibaba, Tencent, Google and Amazon. From CNBC<\/a>.<\/p>\n\n\n\n

Or maybe it\u2019s about\ngrowth.<\/strong> Taking the same topic from a slightly different angle, this article\nfocuses on the growth enabled by the \u201cnetwork effect\u201d for PayPal of tying in\nwith a high-growth marketplace platform like Uber. From TechCrunch<\/a>.<\/p>\n\n\n\n

INVESTMENTS IN INDIA<\/strong><\/h4>\n\n\n\n

It\u2019s all good.<\/strong> In\na wide-ranging interview, Visa President Ryan McInerney expresses enthusiasm\nfor India\u2019s data localization rules, its government\u2019s efforts to create a level\nplaying field, and the opportunity to invest in, partner with or acquire\ninnovative fintech companies there. From ET\nTech<\/a>. <\/p>\n\n\n\n

Amazon Pay provides\nP2P.<\/strong> Amazon Pay has launched peer-to-peer payments for Android in India,\nbut is it too late? The service is built on India\u2019s UPI platform, and the\ncompany hopes it will help bring customers into the Amazon fold. But rivals\nsuch as Paytm and Google Pay are already there. From TechCrunch<\/a>.<\/p>\n\n\n\n

FINTECH FORWARD<\/strong><\/h4>\n\n\n\n

Power to the SMBs.<\/strong>\nIn a merger backed by Parthenon Capital Partners, NXGEN and Payscape are\njoining forces. The combined company expects to process more than $10 billion\nannually across more than 30 countries, creating a \u201cpowerhouse\u201d to serve small\nand medium-sized businesses. From PYMNTS<\/a>.<\/p>\n\n\n\n

YayProfile.<\/strong> Providing a solution to automate handling of accounts receivable items landed software provider YayPay on CFO\u2019s Tech Companies to Watch list. According to this profile, as is often the case, the idea for the company started with the co-founder looking for something to solve one of his own challenges \u2013 getting paid on time. From CFO<\/a>.<\/p>\n\n\n\n

Sharing the QR code\nlove.<\/strong> Delivering on a promise to cooperate on payments through a technology\nexchange, Singapore\u2019s Nets is giving Myanmar\u2019s unified QR code payments\nplatform a boost. Nets plans to share technical knowledge gained from building\na platform to enable a standardized QR code across systems in Singapore, so\nMyanmar can deploy its own similar platform. From The\nStraits Times<\/a>. <\/p>\n\n\n\n

INDUSTRY NEWS<\/strong><\/h4>\n\n\n\n

Infinicept: Infinicept’s\nPayment Facilitator Platform Powers Fivestars Pay, a Multi-Tender Payments\nService for Local Businesses That Integrate Payments with Customer Loyalty<\/a><\/p>\n\n\n\n

PayPal: UK\nCompetition & Markets Authority Provisionally Clears PayPal\u2019s Completed\nAcquisition of iZettle <\/p>\n\n\n\n

Agreement Express: Agreement\nExpress and Paya Services Launch Unified Application for Merchant Acquisition<\/p>\n\n\n\n

EVO Payments: EVO\nPayments Agrees to Acquire SF Systems\u2019 Payment Gateway<\/p>\n\n\n\n

Masabi: Masabi\nSecures $20M to Accelerate Global Growth and Put Public Transit Ticketing into\nLeading Ride Hailing, Journey Planning and Mobility-as-a-Service Apps<\/p>\n\n\n\n

New York Department of Financial Services: Acting\nDFS Superintendent Lacewell Announces Appointment of Katherine Lemire as\nExecutive Deputy Superintendent of Newly Created Consumer Protection &\nEnforcement Division<\/a><\/p>\n\n\n\n

BlueSnap: BlueSnap\nLaunches New \u201cIntegrated Payments for Platforms\u201d Product to Accelerate ISV\nGrowth Ahead of ETA Transact<\/p>\n\n\n\n

Infinicept: Fintech\nInnovators Team to Create Powerful Payment Facilitator Acceptance Solutions to\nMeet Growing Demand<\/a><\/p>\n\n\n\n

REPAY: REPAY\nExpands into Canada<\/a><\/p>\n\n\n\n

PAX: PAX\nand BridgePay Combine Forces to Offer the ISV Market a New EMV Certified\nPayment Solution<\/a><\/p>\n\n\n\n

Paytm: We\nHave Launched Recurring Payments for Online Merchants<\/a><\/p>\n\n\n\n

Shopify: Marketing\nin Shopify Expands with New Features<\/a><\/p>\n\n\n\n

Stripe: Stripe\nBilling Launches in Europe to Power Subscription Companies Across the Continent<\/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":[1015],"tags":[107,404,612,646,651,658,725,793,846],"class_list":["post-4562","post","type-post","status-publish","format-standard","hentry","category-archive","tag-bluesnap","tag-infinicept","tag-p2p","tag-payment-facilitators","tag-payments","tag-paypal","tag-qr-codes","tag-shopify","tag-stripe"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4562","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=4562"}],"version-history":[{"count":6,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4562\/revisions"}],"predecessor-version":[{"id":9091,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4562\/revisions\/9091"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4562"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}