Category: Archive | Page 25

Apps Battle for Payments Advantage in India

As India continues to encourage the growth of digital payments, the country remains a hot market for those looking to capitalize on the opportunity there.
Several apps are bringing their unique approach to payments in the region, hoping their strategy is the one that will attract the most consumers.

Paysafe Joins Top 5 Ranking for U.S. Payment Processors

Paysafe has announced the completion of the iPayments acquisition. And combined with Paysafe’s previous acquisition of Merchants’ Choice Payment Solutions last year for $470 million, the company now ranks among the top 5 non-bank payment processors in the US.

Grab Aims for All-in-one App Status

The Singapore-based company that originated as a way for locals to add ease and efficiency to their daily commute has long since branched out into other services. And with the recent addition of GrabFood, Grab looks to be the all-in-one app for Southeast Asia.

PayPal Steps Up Square Challenge with iZettle Acquisition

Deep pockets, multichannel expertise and access to markets are all coming together to make PayPal and iZettle look very much like a formidable global competitor to Square. This acquisition is the latest in a string of deals in which key players are combining expertise and market coverage to adapt to a rapidly evolving payments environment.

In this space, expansion and growth often come down to the question: Who can serve small businesses best?

Stripe Strengthens Support of Japan’s Small Businesses with JCB

Stripe and Japan-based payments brand JCB recently announced that they had signed a memorandum of understanding enabling Stripe merchants to accept the JCB brand.

EMVCo Hits the Mark with Global Interoperability of EMV QR Code Payments

EMVCo, the global technical body that manages EMV specifications, aims to promote the global interoperability of EMV QR code payments with its proprietary QR payment mark.

BigCommerce to Offer Chase Pay, Speed Merchant Onboarding with WePay

When banking giant Chase acquired WePay last year, the companies said that WePay would continue operating autonomously, bringing its technological expertise as well as its “DNA” to the relationship. This week’s news from BigCommerce appears to bear that out for now.

Ready for GDPR? The Next Compliance Deadline is Looming

Last week, it was FinCEN’s new beneficial ownership rules. Now, the General Data Protection Regulation (GDPR) – the new set of European data privacy standards – goes into effect next week.

Stripe Helps Microsoft Bring Payments to Outlook

Amid all the announcements from Microsoft’s developer conference this week came a bit of payments integration news. Leading online payments provider Stripe is among the partners helping the company introduce payments within its ubiquitous Outlook email client.

KYC 2.0: Beneficial Ownership Rule Takes Effect This Week

With the effective date of FinCEN’s new beneficial ownership rule coming up this week, we hope you have your plans in place. Still looking to understand the rule? We’ve pulled together some previous PaymentFacilitator coverage to help guide you through.