E-commerce

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/E-commerce

PayPal's offline chief quits

The man behind PayPal's move into the bricks and mortar world, Don Kingsborough, has quit the firm, admitting it has come up short in its efforts to move beyond online payments.

/E-commerce

Google Wallet gets first payment platform partner for Instant Buy API

E-commerce payment processor WePay has integrated with Google's Instant Buy API, a service that lets Google Wallet users check out in just two clicks on mobile and web without exposing their sensitive information to third parties.

/E-commerce

Half of US retailers unprepared for EMV migration deadline - survey

With only nine months to go until the US EMV migration deadline, more than half of retailers are not ready for the switch, according to a survey from ACI Worldwide.

/E-commerce

Kickstarter leaves Amazon Payments for Stripe

Crowdfunding site Kickstarter has ditched long-standing payments partner Amazon and signed up with Stripe in a move designed to make life easier for both project creators and backers.

/E-commerce

MBNA to be first UK card issuer to deploy MasterCard digital wallet

MBNA is to be the UK’s first card issuer to offer a MasterPass powered digital wallet to its customers for online shopping.

/E-commerce

WorldPay to double US workforce on Atlanta relocation

London-based payments processor WorldPay is to spend $10 million to relocate its US headquarters and 617 employees to Atlanta, amid plans to double its American workforce over the next four years.

/E-commerce

Bank-backed QR code-based mobile payments app launches in Belgium

A QR code-based mobile wallet that can be used for in-store, in-app, online and P2P payments has launched in Belgium with the backing of the country's major banks.

/E-commerce

MasterCard takes digital payments services to China

A cornerstone in the foundation of a fully digitized payment system was laid today as MasterCard announced to Chinese financial institutions the launch of its cloud-based payment services for cross border payments.

/E-commerce

Japanese messaging outfit Line launches m-payments service

Japanese messaging giant Line is rolling out its mobile payments service for online and in-store transactions to users around the world.

/E-commerce

Braintree brings One Touch mobile payments to international markets

Braintree is rolling out its One Touch mobile payments platform with PayPal to international markets.

/E-commerce

First Data collaborates with Banco Nacional Ultramarino to serve Macau businesses

First Data Merchant Solutions (FDMS) Macau, First Data’s direct-to-market merchant acquiring business in Macau, and Banco Nacional Ultramarino (BNU), a leading commercial bank, today announced a strategic alliance to provide merchant services and payment solutions for merchants in Macau.

/E-commerce

Credorax appoints Maarten Bleijerveld as EU sales VP

Credorax, the digital merchant acquirer, today announced that it has appointed Maarten Bleijerveld as Vice President of Sales and Business Development for Northern and Central Europe.

/E-commerce

Stripe raises $70m at $3.5bn valuation

Stripe has raised $70 million in a funding round which values the San Francisco-based payments start-up at $3.5 billion, according to the Financial Times.

/E-commerce

Tangerine to reward savers, not spenders, on Cyber Monday

At Tangerine, Saver Monday is the new Cyber Monday as a recent survey shows that most Canadians (80 per cent) aren't planning to take advantage of what is said to be one of the biggest online shopping days of the year.

/E-commerce

Skrill adds scale in pre-paid with plans to acquire Ukash

Skrill Group is to acquire Ukash, a UK-based electronic money system that allows users to exchange their cash for a secure code to make payments online.

/E-commerce

MasterCard launches MasterPass in the UAE

Residents of the United Arab Emirates will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative, global MasterCard digital service, MasterPass. MasterPass offers consumers a hassle-free way to make convenient, simple, fast and secure payments online.

/E-commerce

GlobalCollect to become worldwide acquirer for UnionPay

GlobalCollect, an Ingenico Group company, and UnionPay International, a subsidiary of the fast growing global payment network China UnionPay, today unveiled a worldwide partnership that sees GlobalCollect become a worldwide acquirer for the UnionPay network. UnionPay is the number one international card brand in the world measured by the number of cards issued.

/E-commerce

Danish telcos sell m-payments venture to bank-owned rival

Swipp, a mobile payments service owned by a consortium of Danish banks, has acquired Paii, a rival outfit formed by a group of telcos.

/E-commerce

Crédit Agricole joins French bank-run e-payments service

Paylib, a PayPal-style online payment system set up last year by French banks, is extending its reach thanks to the addition of Crédit Agricole as a member and a deal with MasterCard that will let people use the service abroad.

/E-commerce

Coinbase partners RewardsPay to bring bitcoin payments to iTunes and Facebook

Coinbase has struck a deal with payments platform RewardsPay that enables online shoppers to use bitcoin for purchases at the likes of iTunes and Facebook.