{"id":5012,"date":"2020-10-28T18:08:15","date_gmt":"2020-10-28T18:08:15","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5012"},"modified":"2023-02-13T09:29:22","modified_gmt":"2023-02-13T16:29:22","slug":"tiktok-partners-with-shopify-for-social-commerce-mastercard-on-its-vision-for-payments-in-2021-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/tiktok-partners-with-shopify-for-social-commerce-mastercard-on-its-vision-for-payments-in-2021-news-roundup\/","title":{"rendered":"TikTok Partners with Shopify for Social Commerce; Mastercard on Its Vision for Payments in 2021: News Roundup"},"content":{"rendered":"\n

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

Social Commerce<\/strong><\/h4>\n\n\n\n

TikTok and Shopify have partnered to enable Shopify merchants to reach the younger audience on the popular entertainment platform. <\/strong>With this partnership, Shopify merchants can run marketing campaigns for TikTok within their Shopify dashboard using a TikTok channel app. The tools in the app enable them to create shareable video ads that are placed into users\u2019 TikTok feeds. From TechCrunch<\/a>.<\/p>\n\n\n\n

Shopping Traditions<\/strong><\/h4>\n\n\n\n

While the pandemic has transformed commerce this year, it hasn\u2019t dampened consumers\u2019 enthusiasm for the shopping period known as Black Friday \/ Cyber Monday.<\/strong> This is according to research from Shopify, which indicates that two-thirds of U.S. consumers say they plan to shop during that time. Shopify merchants said they thought consumers would start holiday shopping early, and 20% of consumers indicated that they had already started looking for deals. Fewer are expecting to do their BFCM shopping exclusively in-store, however; nearly half of U.S. shoppers said they plan to shop only online during the traditional shopping weekend. From Shopify<\/a>.<\/p>\n\n\n\n

Envisioning the Future<\/strong><\/h4>\n\n\n\n

The concepts of inclusion and sustainability are at the core of Mastercard\u2019s vision for the coming months.<\/strong> This is according to Mark Barnett, president of Mastercard Europe, in an interview with FinextraTV. Barnett shares thoughts on the impact of the pandemic and the company\u2019s plans for 2021, including why it is willing to embrace technology that competes with its existing products. From Finextra<\/a>.<\/p>\n\n\n\n

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

Celero Commerce: Celero Commerce Acquires TransNational Payments<\/p>\n\n\n\n

Visa: Visa to Acquire YellowPepper<\/p>\n\n\n\n

Paya: Paya Partners with Consumer Lending Provider Artis Technologies<\/a><\/p>\n\n\n\n

Phreesia: Phreesia Announces Closing of Public Offering and Full Exercise of the Underwriters\u2019 Option to Purchase Additional Shares<\/a><\/p>\n\n\n\n

OLB Group: OLB Group Expands Support for Apple Pay and Google Pay<\/p>\n\n\n\n

USA Technologies: USAT Announces Upgrades and Expansion of ePort Product Family to Accept EMV Contact and Contactless Payments<\/p>\n\n\n\n

Blackbaud: Blackbaud Helps Social Good Organizations Extend Reach and Impact by Going Virtual with Blackbaud Peer-to-Peer Fundraising™, Powered by JustGiving\u00ae  <\/p>\n\n\n\n

Blackbaud: Blackbaud Report Reveals COVID-19 is Reshaping K-12 Parent Expectations<\/p>\n\n\n\n

PAR Technology: Fazoli\u2019s Franchisee Selects PAR Technology\u2019s Brink POS\u00ae to Launch Concept\u2019s First Ghost Kitchen<\/p>\n\n\n\n

RunSignup: RunSignup Announces RaceJoy for Challenge Events<\/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.<\/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":[],"class_list":["post-5012","post","type-post","status-publish","format-standard","hentry","category-archive"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5012","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=5012"}],"version-history":[{"count":8,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5012\/revisions"}],"predecessor-version":[{"id":9139,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5012\/revisions\/9139"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}