This week’s payments industry news features an in-depth look at PayPal’s acquisition of mobile payments provider iZettle, research on the impact of real-time payments on merchants and our usual Friday global payments news roundup. Just in time for your weekend reading.
PayPal acquisition of iZettle shakes up payments world
PayPal just moved the meter in the payments world with its acquisition of mobile payments provider iZettle for $2.2 billion in an all cash deal. iZettle, the Swedish payments fintech, had planned to raise $227 million on the Stockholm Nasdaq exchange in an IPO valuing the company at around $1.1 billion. Read more…
Payments research: 77% of merchants say real-time payments to replace cards
A new ACI Worldwide/Ovum payments research survey says 77% of merchants expect real-time payments to replace card payments in the near future. The report also offers other valuable insights into merchants and payments preferences and challenges. Most important to payments providers, 65% of merchants are interested in receiving real-time payments compared with 57% in the previous year’s survey. Read more…
Global payments news roundup – May 18, 2018
Our Friday global payments news roundup includes a useful collection of strategic payments news you can use about iZettle, PayPal, Barclaycard, ACI Worldwide/Ovum, Amazon, Square, Walmart, FNB, Apple Pay and Nuggets. Read more…
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