Posts Tagged ‘Amazon’
Stripe, PayPal and Square Support Fed Role for Real-time Payments
Amazon, Google and other big brands – including Stripe, PayPal and Square – are supporting a role for the Federal Reserve in creating a sustainable structure for real-time payments in the U.S.
Read MoreStripe Targets Entrepreneurs; Amazon India Smiles on Offline Merchants: 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 MoreSquare Pressures Banks and Now Payroll Providers
Leading payments provider Square has incorporated its payroll functions into a new “mobile-first” Payroll App, the company announced Tuesday.
Read MoreAmazon Claims Stake in India; QR Gains Popularity in Japan: 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 MoreGoogle Launches Google Pay; NMI Acquires Creditcall: News Roundup
Google has launched its new Google Pay app, and NMI is expanding its omnichannel capabilities for ISVs and others with its acquisition of Creditcall. And in other news, Indian ecommerce leader Flipkart challenges Amazon with talks of a Walmart investment while the U.K.’s FCA reveals plans for a global regulatory sandbox.
Read MorePayment Facilitators Thrive as India Continues its Push Toward Cashless
Indian ecommerce and e-payments payment facilitator Paytm is again adding new services while Razorpay is aiming to gain traction in the ever-growing Indian commerce marketplace. And eMarketer recently touted India as “the fastest growing proximity mobile payment market in the world.”
Read MoreAmazon Shuts Down Local Register, Having Never Really Loved It Anyway
For the world’s largest e-commerce company, Amazon certainly had a busy payments week this week, from opening a physical bookstore integrating online capabilities to pushing its Amazon button for third-party mobile apps. But it’s most PF noteworthy move this week was Amazon’s choice to give up on Local Register.
Local Register was a payments processing effort that focused on the exact kind of smaller merchant that has gravitated to Square. And Amazon’s initial promotional pricing was set lower than Square, on the rationale that price is everything for a small merchant. Apparently not.
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