{"id":5079,"date":"2021-01-20T18:52:06","date_gmt":"2021-01-20T18:52:06","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5079"},"modified":"2022-09-06T10:00:11","modified_gmt":"2022-09-06T16:00:11","slug":"google-launches-new-services-for-retailers-pineapple-payments-announces-acquisition-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/news\/google-launches-new-services-for-retailers-pineapple-payments-announces-acquisition-news-roundup\/","title":{"rendered":"Google Launches New Services for Retailers; Pineapple Payments Announces Acquisition: 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<h4 class=\"wp-block-heading\"><strong>Digital Developments<\/strong><\/h4>\n\n\n\n<p><strong>Google has launched a suite of new services geared to helping retailers deliver personalized experiences to their customers.<\/strong> The tools, which the company is calling Product Discovery Solutions for Retail, uses AI and Google search technology to help customers find products within retailers\u2019 catalogs. From <a href=\"https:\/\/venturebeat.com\/2021\/01\/19\/google-launches-suite-of-ai-powered-solutions-for-retailers\/\">VentureBeat<\/a>.<\/p>\n\n\n\n<p><strong>The Central Bank of Nigeria has issued new guidelines related to strengthening the country\u2019s payments system.<\/strong> In one of two documents, the bank sought to lay out a framework for operations, risk management and reporting around its QR code payments system. In the second, it defined rules for a regulatory sandbox that would help drive development of innovative technologies in a controlled manner. From <a href=\"https:\/\/guardian.ng\/business-services\/cbn-issues-new-guidelines-on-e-payment-fintech-development\/\">The Guardian<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Cashless Stickiness<\/strong><\/h4>\n\n\n\n<p><strong>The growth of payment methods such as digital wallets, QR codes and other tech-based options overtook the growth of credit and debit cards in Southeast Asia during the past year.<\/strong> The pandemic drove demand for contactless payment options to reduce health risk. The new cashless payment habits are likely to continue after the pandemic, according to a Visa survey that found 78% of Singaporeans said they would continue using the digital payments after the virus passes. From <a href=\"https:\/\/techwireasia.com\/2021\/01\/digital-payments-overtake-card-transactions-in-southeast-asia\/\">Tech Wire Asia<\/a>.<\/p>\n\n\n\n<p><strong>Digital payments are being adopted across income levels in India.<\/strong> According to a survey from National Payments Corporation of India and People Research on India\u2019s Consumer Economy, half of India\u2019s richest 20% of households use digital payments while a quarter of the poorest 40% of households do as well. Some survey respondents said they were interested in using digital payments but needed assistance to do so. From <a href=\"https:\/\/government.economictimes.indiatimes.com\/news\/digital-payments\/digital-payments-well-entrenched-in-indian-households-across-income-groups-survey\/80268985\">Economic Times<\/a>.<\/p>\n\n\n\n<p><strong>The United Arab Emirates is another country that is sharply shifting away from cash to contactless payments because of the pandemic.<\/strong> This is according to a global report from the Mastercard Economics Institute, which detailed the economic impact of the coronavirus, including changes in spending habits. Another recent study reported that almost three-fourths of UAE consumers were shopping more online than they had before the pandemic. From <a href=\"https:\/\/www.khaleejtimes.com\/kt-network\/mastercard-reports-uaes-shift-away-from-cash-to-contactless-payments\">Khaleej Times<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Industry News<\/strong><\/h4>\n\n\n\n<p>PayPal: <a href=\"https:\/\/investor.pypl.com\/news-and-events\/news-details\/2021\/PayPal-Begins-Taking-Applications-for-Renewed-Paycheck-Protection-Program\/default.aspx\">PayPal Begins Taking Applications for Renewed Paycheck Protection Program<\/a><\/p>\n\n\n\n<p>Bluefin: <a href=\"https:\/\/www.prweb.com\/releases\/bluefin_and_springbrook_software_release_new_case_study_on_utility_and_government_payment_innovation\/prweb17670006.htm\">Bluefin and Springbrook Software Release New Case Study on Utility and Government Payment Innovation<\/a><\/p>\n\n\n\n<p>Pineapple Payments: <a href=\"https:\/\/pineapplepayments.com\/pineapple-payments-acquires-1stpayment\/\">Pineapple Payments Announces Acquisition of 1st Payment Systems<\/a><\/p>\n\n\n\n<p>PAR Technology: CKE Restaurants Selects PAR Technology\u2019s Cloud-Based Brink POS\u00ae Software<\/p>\n\n\n\n<p>Paytm: <a href=\"https:\/\/blog.paytm.com\/our-all-in-one-payment-gateway-offers-zero-fees-on-upi-payments-to-merchants-2a72a9eb1446\">Our All-in-One Payment Gateway Offers Zero Fees on UPI Payments to Merchants<\/a><\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/newsroom.mastercard.com\/asia-pacific\/press-releases\/aussie-businesses-quickly-shift-operations-to-digital-to-mitigate-impact-of-covid-19-on-bottom-line\/\">Aussie Businesses Quickly Shift Operations to Digital to Mitigate Impact of COVID-19 on Bottom Line<\/a><\/p>\n\n\n\n<p>USA Technologies: USA Technologies Granted New US Patent<\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/newsroom.mastercard.com\/asia-pacific\/press-releases\/mastercard-launches-one-stop-resource-site-to-support-digital-transformation-of-smes-in-asia-pacific\/\">Mastercard Launches One-stop Resource Site to Support Digital Transformation of SMEs in Asia Pacific<\/a><\/p>\n\n\n\n<p>NPCI: Digital Payments Well Entrenched in Indian Households Across Income Groups, Reveals PRICE and NPCI Pan India Survey<\/p>\n\n\n\n<p>Grab: <a href=\"https:\/\/www.grab.com\/sg\/press\/others\/grab-financial-groups-fintech-leadership-recognised-in-series-a-funding-round-of-over-us300-million\/\">Grab Financial Group\u2019s Fintech Leadership Recognised in Series A Funding Round of Over US$300 Million<\/a><\/p>\n\n\n\n<p>NMI: <a href=\"https:\/\/www.prweb.com\/releases\/nmis_2020_marked_by_innovation_and_sustained_leadership_in_payments_enablement_technology\/prweb17661431.htm\">NMI\u2019s 2020 Marked by Innovation and Sustained Leadership in Payments Enablement Technology<\/a><\/p>\n\n\n\n<p>Worldline: <a href=\"https:\/\/worldline.com\/en\/home\/pressroom\/press-releases\/2021\/pr-2021_01_14_01.html\">Worldline Launches China All-In-One Solution and Unlocks the Full Potential of WeChat Pay for International Customers Entering Chinese eCommerce<\/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":[1014],"tags":[],"class_list":["post-5079","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5079","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=5079"}],"version-history":[{"count":4,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5079\/revisions"}],"predecessor-version":[{"id":8894,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5079\/revisions\/8894"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5079"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}