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PayPal Rolls Out QR Codes; Shopify Launches New Products: 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.
Read MoreGrowing Payment Facilitator Market Creates Industry Opportunity: Report
A recent report detailed a healthy forecast for the growth of the payment facilitator market, which has the potential to reach $4 trillion in gross payments volume by 2025.
This is, of course, good for the companies that are choosing to become PFs. But it’s also good for other players in the payments ecosystem.
Read MoreQuadPay Partners with Stripe for Installment Payments
The practice of incorporating installment payments into the point of sale just got a boost. Leading commerce platform and payment facilitator Stripe recently announced a partnership with QuadPay, which bills itself as a payment installment platform.
Read MoreSquare Launches Online Checkout Button; COVID-19 Shifting Consumer Behavior: 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.
Read MoreShopify Introduces Redesigned POS System
Leading payments platform and payment facilitator Shopify announced this week that it is launching its “reimagined” point-of-sale system and offering it free to merchants through the end of October.
Read MoreSquare, Shopify Report Strong First Quarter; PF Flutterwave Launches Storefront Platform: 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.
Read MorePayment Facilitators Expected to See $15 Billion in Transaction Revenue by 2025: Industry Forecast
Over the next five years, payment facilitators are expected to process more than $4 trillion in global gross payment volume, representing a 28.4% compound annual growth rate. During that same time period, PFs could collectively generate up to $15 billion in transaction revenue.
Read MoreMastercard Ups Financial Inclusion Commitment; FIS Announces $150 Million for Fintech Investment: 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.
Read MoreStripe Raises Fresh $600 Million, Continues to Invest in Growth During COVID-19 Crisis
Bucking the recent trend of declining funding levels, leading payment facilitator Stripe announced that it had raised an additional $600 million as an extension of its September Series G round.
Read MoreShopify Expands Shopify Capital to Canadian Merchants
Shopify announced this week that it is expanding its Shopify Capital cash advance product to Canada to provide assistance to small businesses there.
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