Latest E-commerce News: Finextra Research

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.

27 November 2014

Company update/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.

27 November 2014

Company update/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.

27 November 2014

News/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.

26 November 2014

News/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.

25 November 2014

News/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.

20 November 2014

Company update/E-commerce

UC Group sets up online merchant acquiring unit

Payments management experts UC Group has launched a unique acquiring financial institution, Secure Trading Financial Services (STFS).

18 November 2014

Company update/E-commerce

ModusLink and Credorax partner on merchant acquiring

ModusLink Global Solutions, a leading omni-channel technology and fulfilment provider, and Credorax, the pure-play acquirer for merchants and PSPs, today announced their partnership to offer joint e-commerce merchants, comprehensive and powerful payment processing solutions and services.

18 November 2014

News/E-commerce

South Korean messaging firm partners banks on mobile wallet

South Korean Web giant Daum Kakao has teamed up with 16 banks to launch a mobile wallet service for online, offline and person-to-person payments.

18 November 2014

Company update/E-commerce

Apple adds UnionPay payment option for app store shoppers in China

Apple today announced that the App Store has added UnionPay as a payment option for customers in China.

17 November 2014

News/E-commerce

Amazon wins right to sell .pay and .buy domains

E-commerce giant Amazon has paid millions of dollars in private auctions for the right to sell domains ending in .pay and .buy.

14 November 2014

Company update/E-commerce

MasterCard says MasterPass off to a strong start in Singapore

MasterPass, MasterCard’s global digital payments platform, is off to a strong start in Singapore, with all three leading local banks, DBS, OCBC and most recently, UOB, inking partnerships with MasterCard to offer MasterPass.

12 November 2014

Company update/E-commerce

MasterCard brings MasterPass to Czech Republic

MasterCard®, the leader in smart, convenient and safe payments, is launching a new digital payment solution in the Czech market –MasterPass.

05 November 2014

Company update/E-commerce

Oberthur and SecureKey collaborate on secure etransactions platform

Oberthur Technologies, a world leader in digital security solutions for the mobility space and SecureKey Technologies today announced that they are collaborating to enable secure cloud transactions for a wide range of identity and financial applications including online banking, eCommerce, online payments as well as proximity transactions.

04 November 2014

News/E-commerce

Money20/20: Visa and Citi promise to open up to developers

Two of the world's biggest financial services firms, Visa and Citi, have promised to ditch their insular approach and open up their platforms to partners.

04 November 2014

News/E-commerce

November is card fraudsters' favourite month

As November approaches, data science company Feedzai is warning that the month is the fraudsters' favourite, when both card-present and card-not-present crime spike.

31 October 2014

News/E-commerce

Zuckerberg plays down Facebook payments ambitions

Facebook chief Mark Zuckerberg has played down the value of payments to the social network, saying that it will partner with card firms and PayPal rather than try to build its own system.

29 October 2014

Company update/E-commerce

GoCoin to enable virtual currency payments for Shopify merchants

GoCoin LLC, the first e-commerce payment solution for processing bitcoin and emerging digital currencies, today announced a partnership with Shopify to provide the company's 120,000+ retailers the option to accept cryptocurrencies like Bitcoin, Litecoin and Dogecoin at checkout.

29 October 2014

Company update/E-commerce

UBA to launch virtual card platform across African markets

United Bank for Africa (UBA) Plc has announced a deal with Ixaris and its Nigerian partner “Ojapay” to deploy a virtual card platform across its twenty African markets.

28 October 2014

Company update/E-commerce

American Express launches SafeKey in South Africa

American Express has announced the availability of its 3-D Secure authentication tool SafeKey in South Africa, intended to improve the security of online transactions.

23 October 2014