Square Offers Alcohol Delivery; Mastercard Releases New Payments Index: 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.
Square is introducing on-demand alcohol delivery through Square Online. Sellers using the company’s online store offering can enable customers to purchase alcohol on their site. The order is then delivered through Square’s delivery partner DoorDash. The new capability allows businesses to add alcohol delivery as a new revenue stream without building out a delivery fleet or hiring additional staff. From Square.
HoneyBook, a business management platform for service-based small businesses and freelancers, has raised $155 million. The company’s Series D round was led by Durable Capital Partners LP. HoneyBook offers its customers tools like billing and payments, contracts and client communication through its platform. From TechCrunch.
Ecommerce startup Afrikrea is launching a SaaS platform called ANKA to provide services for micro retailers in Africa. The platform is intended to enable small businesses to sell products and services globally through online storefronts, shipping services and payments acceptance. From VentureBurn.
Industry News
Lightspeed POS: Lightspeed Partners with U.S. Small Business Administration to Expedite Hospitality Industry Relief
Cantaloupe: Cantaloupe Forms Strategic Partnership with Castles Technology
Paya: Paya Announces Strategic Partnership with Software Provider AccountingSuite
Paysafe: COVID Triggers Changes in Payments Habits Amongst Over Eight in Ten Consumers
Mastercard: Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off
WorkWave: WorkWave Maintains Market Dominance With Strong Year-Over-Year Growth in Q1 2021
Flywire: Flywire Files Registration Statement with SEC for Proposed Initial Public Offering
FIS: Cross Borders, Cross Industries, Cross Payment Types: FIS RealNet Solution Changes the Game in Real-Time Payments
PCI Security Standards Council: PCI Security Standards Council Publishes Version 1.1 of Secure Software Standard and Program
Square: Square Brings New Payment Functionality and Cost Savings to Businesses Using Square Invoices
Juniper Research: Digital Commerce Spend to Exceed $11.6 Trillion in 2021
Paysafe: Paysafe Selects AWS for Its Strategic Cloud Services to Drive Innovation in Digital Commerce
Electronic Transactions Association: Survey Shows SMBs Relied on Digital Payments to Survive 2020