As we approach the end of the dog days of summer, we’ve got a roundup highlighting the latest global payments news. We start with a look at the big dogs Amazon and Affirm tying up in a blockbuster buy now pay later deal. Korea penalizes ...
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Payments Trends
Payments Trends
Lots of global payment news rolling out as PayPal cancels international BNPL fees, Paysafe spends $441 million to acquire SafetyPay, record half-year VC fintech investment of $98 billion, T-Mobile’s disastrous hacking, increased automated fraud, and retail companies reporting the latest quarterly results (Walmart, Target) and ...
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The worldwide payments news keeps on rolling, and we’ve got a roundup to keep you current. Merchants and Amazon are upping their efforts to get lower credit card transaction fees. BNPL is gaining status and money. Acquisitions abound, 85% of mobile apps have critical vulnerabilities, ...
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By Jeff Domansky Interac Corp and 13 leading Canadian financial institution members launched Interac e-Transfer for Business, providing real-time digital payments to personal and commercial bank accounts with confirmation of funds received within seconds. Recent research by Interac showed 83% of business leaders want new commercial ...
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After wrestling with alligators and hosting issues, we’re back with the latest payments news from around the world. Lots going on, so check it out. Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M dealA year and a half after Currencycloud raised $80 ...
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Out of this world! That pretty much sums up this week’s global payments news, and it’s only Friday. Branson and Bezos may be trying to be the first to circle the globe, but we’re here first with the news you need to know, so buckle ...
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By Jeff Domansky The majority of small businesses in six countries (60%) experience cash flow issues at some point, so it’s no surprise 89% of small business owners say cash flow issues negatively impact their business. In fact, it’s among the top three issues for ...
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By Jeff Domansky Understandably, PayPal’s new payment pricing strategy attracted a lot of attention. After all, the company is one of the biggest in the payment industry, with $21.4 billion in revenue in 2020 and $936 billion (+31.5%) in transactions processed. Its biggest payment processing ...
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By Jeff Domansky, June 9, 2021 Fintech PayNearMe will enable millions of Walmart shoppers to pay their bills with cash by displaying a scannable code on their mobile phones at any of Walmart’s 4,674 US stores and MoneyCenterbehavior locations. In expanding its partnership with digital ...
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By David Sharp, President, PaySimple, June 1, 2021 Last year was pivotal in the payments industry when the COVID-19 pandemic forced many businesses to rethink their business strategies and adopt new revenue streams. Despite its many downsides, the pandemic has proven the necessity for small companies ...
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