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Checkout.com wins payments contract with the Hut Group

Leading Connected Payments provider, Checkout.com today announces its appointment as payments provider to THG, a global technology platform company, specialising in taking brands direct to consumers.

UK BNPL startup Zilch scoops $30 million in funding

/startups

UK BNPL startup Zilch scoops $30 million in funding

Zilch, a UK-based startup competing with the likes of Klarna in the buy now, pay later market, has picked up an additional $30 million in funding just weeks after securing a consumer credit authorisation with the Financial Conduct Authority.

/payments

GoDaddy acquires Poynt for $320 million in cash

GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today announced it has entered into a definitive agreement to acquire Poynt.

/payments

Paysafe launches Paysafecash in US

Paysafe, a leading integrated payments platform, today announced the U.S. launch of Paysafecash™, an alternative payment method for consumers who want to pay online easily and safely using cash.

/security

FIS rolls out token management service

FIS (NYSE: FIS) today launched its token management service, offering online merchants and partners access to Visa Token Service to protect their payments environment and strengthen their digital commerce strategy.

Cash App gets its own clothing line

/payments

Cash App gets its own clothing line

Square has stepped up its efforts to turn the Cash App into a lifestyle brand, unveiling its own brightly coloured clothing line.

/security

Forter and Nuvei team on payment processing and fraud prevention

Forter, the leader in e-commerce fraud prevention, today announced that Nuvei (TSX: NVEI and NVI.U), the global payment technology partner of thriving brands, will be joining its global network of merchants and banks to fight online fraud and approve more legitimate customers instantaneously.

/payments

Starling and iZettle team up for SME payments

Starling Bank has added PayPal’s iZettle to its Business Marketplace, providing business owners with in-depth transaction information.

/payments

Stripe inks deal with subscription management platform provider Zuora

Zuora, Inc. (NYSE: ZUO) a leading subscription management platform provider, today announced a strategic partnership with Stripe to accelerate the growth of the Subscription Economy®.

/people

DLocal appoints CTO and CFO

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, today announced the addition of two new members to its executive team. Hernán Di Chello will serve as Chief Technology Officer and Diego Cabrera Canay joins as Chief Financial Officer.

JD.com to accept digital yuan

/crypto

JD.com to accept digital yuan

JD.com is set to become the first e-commerce platform to accept China's digital yuan for online shopping.

/payments

Revolut Business comes to PrestaShop merchants

PrestaShop, the leading e-commerce platform in Europe and Latin America, and Revolut, the financial superapp with over 13 million customers worldwide, announce a strategic partnership which will enable PrestaShop merchants to leverage Revolut Business, allowing sellers and their customers to benefit from seamless payments when shopping online.

Payments have become tech arms race say banks

/payments

Payments have become tech arms race say banks

The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which they are unprepared.

Affirm agrees to buy Canadian BNPL firm PayBright

/payments

Affirm agrees to buy Canadian BNPL firm PayBright

American buy now, pay later credit card alternative Affirm is beefing up its presence north of the border through a C$340 million (US$264 million) deal to buy Toronto-based PayBright.

Stripe makes banking-as-a-service play

/wholesale

Stripe makes banking-as-a-service play

Stripe has brought in several big name banks to back its new banking-as-a-service API that lets online businesses embed financial services in their platforms.

Black Friday payment data reveals rapid growth of buy now, pay later

/payments

Black Friday payment data reveals rapid growth of buy now, pay later

The use of buy now, pay later services like Klarna and ClearPay on Black Friday more than doubled in 2020, European data shows.

SARB issues dark warning over screen-scrapers on Black Friday

/security

SARB issues dark warning over screen-scrapers on Black Friday

The South African Reserve Bank has warned consumers against the use of screen-scraping EFT payments, as bargain hunters flock online for the annual Black Friday shopping spree.

/payments

Viva Wallet debuts API for PSD2-compliant marketplace transactions

Viva Wallet’s PSD2-compliant payment solution for online marketplaces removes the requirement for them to become licensed providers of regulated payment services.

Coronavirus transmission risk from cash is low - BofE

/payments

Coronavirus transmission risk from cash is low - BofE

The rush to abandon cash during the pandemic may be unnecessary, according to a scientific study from the Bank of England, which finds that the risk of Covid-19 transmission by banknotes is low.

/payments

Payoneer introduces payment orchestration platform for North American e-commerce merchants

Payoneer, the digital payment platform empowering businesses around the world to grow globally, today announced that its new payment orchestration platform is available for e-Commerce merchants in North America that are looking to accept international payments.

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