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/E-commerce

Dream Payments raises $10m

Dream Payments (Dream), a leading financial technology (fintech) company that operates a payments cloud that powers commerce and payments across mobile devices and the Internet of Things (IoT), today announced the closing of a $10 million Series A financing round.

/E-commerce

Europe's PayLane enters Canadian market

PayLane, the European payment service provider is entering its second market across the ocean – the Canadian market.

Alibaba leads $200 million investment in Paytm e-commerce unit

/E-commerce

Alibaba leads $200 million investment in Paytm e-commerce unit

The e-commerce arm of Indian mobile wallet giant Paytm has raised $200 million in a funding round led by China's Alibaba.

/E-commerce

Dutch payment tech firm Dimebox raises EUR5m

Amsterdam-based FinTech startup Dimebox raised €5 Million in a series A round from the BillPro Group, a leading global payment processing organisation.

/E-commerce

Sweden's Trustly processed €3.2 billion of payments in 2016

Trustly, the Swedish FinTech company, is pleased to announce 2016 processed payment volumes of €3.2 billion.

/E-commerce

SafeCharge enables payments for sharing economy marketplace Funzing

SafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that it is providing its payments technology to Funzing, an innovative sharing economy marketplace.

Mastercard partners Turkish retailer on Messenger bot payments

/E-commerce

Mastercard partners Turkish retailer on Messenger bot payments

Mastercard has teamed up with Getir to let the Turkish mobile retailer's customers make payments through its Facebook Messenger bot.

/E-commerce

Domestic card schemes shift focus to digital payments

The development of new payment services and the evolution of technology are currently the top priority of most domestic schemes. An overwhelming majority of schemes are in favour of cross-border collaboration and the top two rated actions are sharing of technical standards and jointly developing technical solutions.

/E-commerce

PayPal says 50 million consumer accounts now have One Touch

In the fourth quarter of 2016, PayPal processed more than $31 billion in mobile payments, up 53% from the same period in 2015.

/E-commerce

Samsung Pay arrives in Malaysia

Samsung Malaysia Electronics today announced its partnership with several leaders in the banking industry as part of its strategic move to launch and expand its Samsung Pay ecosystem in Malaysia.

/E-commerce

Radial payments platform integrates with Klarna

Klarna, one of Europe’s leading payments providers, and Radial, the leader in omnichannel commerce technology and operations, today announced a new partnership to further expand Radial’s payment options.

EBA to relax controversial PSD2 authentication rules

/E-commerce

EBA to relax controversial PSD2 authentication rules

The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.

QR code-based payment initiative rolls out in India

/E-commerce

QR code-based payment initiative rolls out in India

A government sponsored quick response(QR)code-based payment service, IndiaQR, has launched today in India, heralding the next major step in its ambition to be a cashless society.

Asia catching US in value of fintech deals

/E-commerce

Asia catching US in value of fintech deals

Venture capital investment in Asia-based fintech start-ups reached $5.4 billion in 2016 just shy of the $5.5 billion invested in the US.

Kevin the bot uses blockchain to offer insurance for P2P transactions

/E-commerce

Kevin the bot uses blockchain to offer insurance for P2P transactions

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

/E-commerce

International customer loyalty app Recasher nears crowdfunding goal

Shortly before market entry and on halfway to close a € 500k crowdfunding campaign, a London and Budapest based Startup, Recasher has completely redefined the concept of customer loyalty programs.

/E-commerce

Pay with Amazon payment volume nearly doubled in 2016

Amazon today announced that more than 33 million customers have used Amazon Payments to make a purchase.

Klarna agrees £60 million deal to acquire Wonga's BillPay

/E-commerce

Klarna agrees £60 million deal to acquire Wonga's BillPay

Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.

Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

/E-commerce

Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

After a 10 month pilot, Google is ditching its Hands Free payments app, which let users leave their wallets and phones in their pockets and pay just by talking.

/E-commerce

Yandex puts Apple Pay online

Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer consumers fast and convenient contactless payment via Apple Pay.

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