{"id":4895,"date":"2020-05-20T20:50:49","date_gmt":"2020-05-20T20:50:49","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4895"},"modified":"2023-02-13T09:29:21","modified_gmt":"2023-02-13T16:29:21","slug":"paypal-rolls-out-qr-codes-shopify-launches-new-products-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/paypal-rolls-out-qr-codes-shopify-launches-new-products-news-roundup\/","title":{"rendered":"PayPal Rolls Out QR Codes; Shopify Launches New Products: News Roundup"},"content":{"rendered":"\n<p><strong>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.<\/strong><\/p>\n\n\n\n<p><strong><u>Digital Download<\/u><\/strong><\/p>\n\n\n\n<p><strong>Alipay\u2019s parent company Ant Financial is bringing investment dollars to Myanmar. <\/strong>The company is investing in Digital Money Myanmar, a joint venture between a local holding company and a Norwegian mobile carrier. The company operates a remittance platform called Wave Money, which it plans to expand into a broader digital payment platform. From <a href=\"https:\/\/asia.nikkei.com\/Business\/China-tech\/Alibaba-fintech-arm-invests-73m-in-Myanmar-s-Digital-Money\">Nikkei Asian Review<\/a>.<\/p>\n\n\n\n<p><strong><u>COVID Impact<\/u><\/strong><\/p>\n\n\n\n<p><strong>The pandemic has helped PayPal attract a new demographic group: \u201csilver tech.\u201d<\/strong> The company\u2019s CFO, John Rainey told a conference recently that Americans over 50 were its fastest growing market segment from March to April. The growth in transactions from this group helped it achieve \u201cpre-COVID levels\u201d in payment volume, and the company thinks the trends are sustainable, he said. From <a href=\"https:\/\/www.cnbc.com\/2020\/05\/18\/paypal-sees-a-rise-in-older-generations-trying-digital-payments.html\">CNBC<\/a>.<\/p>\n\n\n\n<p><strong>Payment volume in India has fallen year over year.<\/strong> Indians have cut back on spending across the board during the pandemic. Payments there in March fell 46% from the same time last year. Wallet usage declined 22% and card payments also fell dramatically. From <a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/indias-digital-payments-fell-46-in-march-to-rs-156-5-trillion\/articleshow\/75755323.cms\">Times of India<\/a>.<\/p>\n\n\n\n<p><strong><u>Industry News<\/u><\/strong><\/p>\n\n\n\n<p>PayPal: PayPal Rolls Out QR Code Payments for a Touch Free Way to Buy and Sell In-Person<\/p>\n\n\n\n<p>Shopify: <a href=\"https:\/\/news.shopify.com\/shopify-announces-major-product-launches-and-updates-at-virtual-event-reunite-including-shopify-balance-and-shop-pay-installments-312084\">Shopify Announces Major Product Launches and Updates at Virtual Event Reunite, Including Shopify Balance and Shop Pay Installments<\/a><\/p>\n\n\n\n<p>Shopify: <a href=\"https:\/\/news.shopify.com\/shopify-partners-with-facebook-to-help-businesses-launch-branded-facebook-shops\">Shopify Partners with Facebook to Help Businesses Launch Branded Facebook Shops<\/a><\/p>\n\n\n\n<p>FIS: Manage Your Business On the Go with iQ Now from FIS<\/p>\n\n\n\n<p>USA Technologies: USA Technologies Holds Successful First Virtual Unattended Retail Summit with Over 1,000 Registered Participants<\/p>\n\n\n\n<p>Blackbaud: Blackbaud Releases First Look Data at Companies&#8217; Corporate Social Responsibility Response to COVID-19<\/p>\n\n\n\n<p>RealPage: <a href=\"https:\/\/investor.realpage.com\/news-events\/press-releases\/detail\/328\/realpage-modern-message-resident-engagement-delivers-huge\">RealPage Modern Message Resident Engagement Delivers Huge Advantage to Properties<\/a><\/p>\n\n\n\n<p>ParTech: PAR Technology and REVOLUTION Join Forces to Help Table Service Operators Adapt to a Changing Industry<\/p>\n\n\n\n<p>RunSignup: <a href=\"https:\/\/www.endurancesportswire.com\/runsignup-announces-racejoy-anywhere-for-virtual-events\/\">RunSignup Announces RaceJoy Anywhere for Virtual Events<\/a><\/p>\n\n\n\n<p>PayU: <a href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/payu-launches-initiative-to-support-residential-societies-collect-dues-amidst-covid-19-pandemic-891408860.html\">PayU Launches Initiative to Support Residential Societies Collect Dues Amidst COVID-19 Pandemic<\/a><\/p>\n\n\n\n<p>Stripe: <a href=\"https:\/\/stripe.com\/blog\/first-negative-emissions-purchases\">Stripe\u2019s First Negative Emissions Purchases<\/a> <\/p>\n\n\n\n<p>Braintree: <a href=\"https:\/\/www.braintreepayments.com\/blog\/new-fraud-protection\/\">New Fraud Protection: Powered by PayPal and Braintree Network Intelligence and Industry-Recognized Machine Learning<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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":[35,196,229,309,646,658,740,768,793],"class_list":["post-4895","post","type-post","status-publish","format-standard","hentry","category-archive","tag-alipay","tag-covid-19","tag-digital-payments","tag-fis","tag-payment-facilitators","tag-paypal","tag-realpage","tag-runsignup","tag-shopify"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4895","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=4895"}],"version-history":[{"count":6,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4895\/revisions"}],"predecessor-version":[{"id":9119,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4895\/revisions\/9119"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4895"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}