Enabling Cross-Border and Omnichannel Commerce: News Roundup

Much of the news over the past week has focused on enabling merchants to be everywhere. Several companies, including Wirecard and iZettle, have launched products to allow selling across borders using preferred local payments methods or unifying the consumer experience across mobile, e-commerce and the physical point of sale.

We also have news from Mastercard and an acquisition for Blackbaud in this week’s roundup.

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News Roundup: Visa, Mastercard Standardize QR Code

In a roundup of this week’s news, major card brands are continuing their expansion of digital payments acceptance, targeting cash usage at small and micro businesses and at festivals. And eMarketer ventures a prediction about the cross-border e-commerce shopping habits of German consumers.

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Choices at Vending Machine: More Than Salty vs. Sweet

The choices offered by today’s payments technology can be found everywhere – even at the vending machine.

Sure, you can still find machines where you can insert and reinsert that dollar bill with the bent corner. But an increasing array of options is making paying for the snacks more convenient for consumers and managing the machines easier for operators.

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Acquisition News: Mastercard, Stripe and Flipkart Make Moves

A handful of big-name acquisitions have dominated headlines this week.

The U.K.’s Competition and Markets Authority cleared the way for Mastercard’s acquisition of VocaLink, announcing on Tuesday that the companies had adequately addressed competition concerns about the purchase.

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Mastercard Joins with Unilever to Empower Small Merchants

Mastercard and Unilever announced a partnership on Wednesday through which they plan to expand access to resources for small and micro businesses in emerging markets.

The partnership will combine Unilever’s distribution network with Mastercard’s payments technology and expertise.

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Paysafe, Square Expand Mobile Ordering for Local Businesses

Ordering ahead with your mobile phone isn’t just for pizza anymore.

Mobile ordering is often associated with pizza delivery and big fast casual chains. But increasingly, platforms are enabling smaller, local businesses to get in the game.

London-based payment facilitator Paysafe is rolling out a new mobile ordering app called GOLO. The app will enable customers to order not only from local restaurants, but other businesses as well. They can then either pick up their order or have it delivered.

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After Demonetization, India Seeking a New Normal

The payments news from India just keeps coming.

As the government continues its push toward a cashless society, its policies are getting mixed reviews. But companies continue to shore up their digital payment offerings, hoping to capitalize on the climate there.

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Despite PF Advantage on New Mastercard Merchant Fee, Some PFs Preach Caution

In the payments world, few things are as confusing or as controversial as network fees. The economics of a transaction routed over Visa or Mastercard rails could amount to a college-level course.

Rates for interchange, the amounts that the networks collect from retailers on behalf of card issuers, are often on merchants’ minds as they look for the most economical transaction routing options. But in recent years, the fees that the networks keep for themselves have generated plenty of ink.

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