Phreesia Revenue Up 17%; PayPal Launches Touch-Free Payments for iZettle App in UK: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
PF Earnings
Healthcare PF Phreesia announced a 17% increase in quarterly revenue, from $32.8 million last year to $38.5 million during the same period this year. The company, which was reporting its fiscal third quarter 2021 results, said that it had increased its number of provider clients 10% from the same period last year. “Our third quarter results reflect our entire team’s commitment to our clients and Phreesia’s mission of creating a better, more engaging healthcare experience,” Phreesia CEO Chaim Indig said. From Phreesia.
Expanding Ways to Pay
PayPal is enabling touch-free payments for small businesses in time for holiday shopping across the U.K. The company just announced the launch of QR code functionality in the iZettle app for point of sale.During a transaction, the system will generate a dynamic QR code in the iZettle app. The consumer will then confirm the amount and scan the code with their own PayPal app to complete the transaction. From PayPal.
Mastercard is joining with India-based PF Pine Labs to expand the companies’ “pay later” solution across Southeast Asia. The offering enables consumers to pay for purchases in interest-free installments. The partnership is launching the solution in five new markets: Thailand, the Philippines, Vietnam, Singapore and Indonesia. It is already available in India and Malaysia. From Fintech Singapore.
Funding News
Indian PF MobiKwik has announced a new funding round. The company, which was founded in 2009, will use the fresh capital to grow its major business segments, including consumer payments, digital credit cards and its payments gateway. From TechStory.
Industry News
Square: Square Adds DoorDash to its On-Demand Delivery Platform for Square Online Sellers
PPRO: APEXX Global Partners with PPRO to Drive Transaction Efficiencies
Worldline: Worldline’s Partnership with PayMyTuition Opens Doors for More Payment Options Across Five Continents
F1 Payments: York Capital Makes Strategic Investment in F1 Payments
Pay Theory: Pay Theory Launches New Purpose-Built Payment Solution for Education
ClientPay: ClientPay Makes Payment Acceptance Simpler for Leading Law Firms Through Integrated Payment Pages
Marqeta: In the Wake of COVID-19, Majority of Banks Say Payment Technology is an Arms Race They’re Unprepared For
Square: For an Unprecedented Holiday Shopping Season, Retailers and Consumers Find Themselves Mostly Aligned
ACI Worldwide: Global eCommerce Transactions Jump in November Due to Earlier Start of Holiday Shopping Season, New Data from ACI Worldwide Reveals
Paysafe: Foley Trasimene Acquisition Corp. II and Paysafe, A Leading Global Payments Provider Focused on Digital Commerce and iGaming, Announce Merger
Affirm: Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million