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UK set for soaring digital wallet adoption

/payments

UK set for soaring digital wallet adoption

The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay.

/payments

Bolt to become Checkout.com’s exclusive one-click checkout provider

Bolt, a leading checkout technology company, and Checkout.com, a global payment solutions provider, today announced a partnership set to expedite their shared mission to advance ecommerce.

/security

Equifax and VTEX join forces to help merchants fight fraud

Equifax and VTEX, the composable and complete commerce platform for premier B2C and B2B brands, join forces to help fortify fraud prevention capabilities for merchants across the globe.

/payments

BMO parnters Elavon on payments platform for US clients

One of the world’s largest payment processors, Elavon and BMO, the eighth-largest bank in North America by assets, have announced a partnership, to provide a comprehensive and innovative payment solutions platform to the bank’s clients in the United States.

MPE 2024: Tokenisation in the ecommerce space

/retail

MPE 2024: Tokenisation in the ecommerce space

In a panel discussing tokenisation, panellists Suzana Kordumova, product manager at Netcetera, Stephan Hackenberg solution sales director at Giesecke+Devrient, Matteo Gamba, head of product - global payments and fraud at Wayfair, and John Noltensmeyer CISO at Tokenex spoke on network tokenisation and what tokenisation can do for merchant payments.

Rabobank and iDeal bid to smooth online payments

/payments

Rabobank and iDeal bid to smooth online payments

Dutch payments firm iDeal has partnered Rabobank to pilot a feature that makes it easier to make purchases at online stores.

JPMorgan plans major roll out of biometric payments

/payments

JPMorgan plans major roll out of biometric payments

JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early next year, enabling shoppers to make purchases by scanning their palms or faces.

MPE 2024: What does a smart city look like?

/payments

MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

PPRO raises €85 million

/payments

PPRO raises €85 million

E-commerce payments firm PPRO has completed a dual tranche funding round totalling €85 million.

/payments

Cashfree Payments introuces embedded payments fir siftware platforms

Cashfree Payments, India's leading payments and API banking company, launched 'Embedded Payments', India's first platform centric payment solution for software platforms.

/payments

Allianz Trade releases B2B e-commerce payment product

Allianz Trade launches Allianz Trade pay, a new range of services fully dedicated to B2B e-commerce activities

PayPal launches payment suite for SMEs

/payments

PayPal launches payment suite for SMEs

PayPal has launched a complete suite of payment processing tools for online small businesses in the UK, Canada and across more than 20 European markets.

/payments

Nexi Group to expand payment options for WooCommerce merchants

Nexi Group, the European PayTech, has partnered with Woo, the open e-commerce platform.

/payments

EBay Japan marketplace Qoo10 adopts Adyen’s payment platform

Adyen, the financial technology platform of choice for leading companies, announces a partnership with Qoo10, an online marketplace operated by eBay Japan.

Google Pay to shut down in the US

/payments

Google Pay to shut down in the US

Google is rejigging its mobile payments services again, killing off Google Pay in the US in favour of Google Wallet.

/payments

Omnichannel payment processing platform Helcim raises $20m

Helcim, a leading omnichannel payment processing platform, is thrilled to announce the successful close of its US$20M Series B funding round, led by Headline, to further its mission of delivering superior payment and business management solutions to traditional SMBs and mid-market Main Street merchants across Canada and the U.S through digital first tools, more affordable payments, and exceptional customer support.

/payments

Western Union extends Mercado Pago alliance to US and Canada

Western Union and Mercado Pago today announced growth in their existing relationship, giving United States and Canadian customers ability to send money from Western Union’s mobile app, its website, or from one of its retail locations to Mercado Pago wallet accounts in Mexico.

/payments

BR-DGE integrates with PayPal

A leading payment orchestration provider, BR-DGE, has announced today its integration with PayPal to offer merchants greater payment choice and flexibility at online checkout.

PayNearby launches Digital Naari programme to support underserved women in India

/inclusion

PayNearby launches Digital Naari programme to support underserved women in India

Indian digital banking platform PayNearby has announced Digital Naari, an initiative designed to generate self-employment opportunities across rural and semi-urban areas in India.

Checkout.com hit by over £100 million in losses

/payments

Checkout.com hit by over £100 million in losses

Payments platform Checkout.com has reportedly suffered a £100.5 million loss in its UK company.

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