Consolidated eCommerce
Square Comes Full Circle With CBD: New Program Announced
Now officially part of the CBD support group, Square has launched its CBD early-access program, which allows U.S. businesses to sell CBD products on Square “quickly, easily and securely.”
Visa and Australian Fintech Collaborate on Behalf of SMBs; QR Launches in UAE: News Roundup
PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Stripe Sets Up Shop in Malaysia
Payments leader Stripe announced this week that it is launching in Malaysia.
Shopify Integrates with Microsoft Advertising: Enhanced Market Reach for Customers
In an effort to help merchants expand their market reach, Shopify has launched a new feature in their Shopify Marketing suite enabling users to purchase digital ad campaigns that advertise their product or service across the entire Microsoft Search Network.
PayPal Entering Chinese Market with GoPay Acquisition
This week, PayPal announced that it’s entering the Chinese payments market. It’s acquiring a 70% interest in Guofubao Information Technology Co. (GoPay) Ltd, which already holds a payments license in the country.
Paytm Targets 1.5 Billion in Transaction Volume; QR Codes Proposed as Mandatory in India: News Roundup
PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Square on Broadening the Company’s Ecosystem Through its Developer Platform
Payments leader Square is known for looking at things in a new way. But once you’ve converted an entire industry to your way of thinking, how do you keep moving forward? According to Carl Perry, developer lead at Square, you do that by maintaining what he called a “relentless focus on customer experience.”
Stripe Drives Expansion (and Valuation) with $250M Funding Round
Already valued at $35 billion before the funding round, Stripe has managed to raise an additional $250 million to further expand its market value.
Considerations for Accepting CBD Payments: “That’s a Lot of Compliance”
Last week, when Shopify announced it was allowing U.S. cannabidiol (CBD) sellers onto its platform, it cited a study predicting that the market would grow from $1.9 billion in 2018 to $20 billion by 2024.
Grab Enables $5.8 Billion in Economic Growth; PayPal Fined by UK Regulator: News Roundup
PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
As Fintechs Like Square and Stripe Threaten Bank Revenue, Banks Turn to Competitors for Help
It’s obvious to many observers that the rising competition from fintech companies including the likes of payment facilitators Square and Stripe is having an impact on banks.
Financial Innovation Gets a New Support Group
The Consumer Financial Protection Bureau (CFPB) has partnered with multiple state regulators on behalf of financial innovation – the result being the launch of the American Consumer Financial Innovation Network (ACFIN).