2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs

Many companies have now released fourth quarter earnings for 2017 and everyone from Square and Shopify to Blackbaud and RealPage are reporting growth both quarterly and annually. The payment facilitator model, again, proves to be a lucrative business opportunity and with the continuous growth and momentum that digital technology brings to the payments ecosystem, 2018 is expected to follow suit.

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Earnings Review: PFs Report Strong Results in Third Quarter

As PaymentFacilitator.com previously reported, Square released its earnings report last week, again beating analyst expectations. Following on the heels of that report, we take a look at how other companies that have embraced the payment facilitator approach fared during the last quarter.

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PayPal Surpasses AMEX in Market Value

Digital payment processor and registered payment facilitator PayPal has been gaining notoriety this year in stock share and overall market value. So much so, the payments platform has now surpassed AMEX in market capitalization.

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PayPal, Visa Extend Partnership to APAC

Visa and leading payment facilitator PayPal announced an expansion of a strategic partnership they entered into in the U.S. last summer.

The partnership is an agreement to work jointly to grow the adoption of mobile and digital payments. This latest agreement covers the Asia Pacific region.

As was the case in the U.S., the APAC partnership includes PayPal’s use of the Visa’s Digital Enablement Program (VDEP), which gives PayPal access to Visa’s tokenization technology. This enables PayPal users to conduct secure transactions at point-of-sale locations where Visa is accepted.

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