Payments News

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Companies

New PayPal Cashback Business Credit Card Launches for US Small Businesses

PayPal Holdings Inc. today announced it is expanding its suite of credit offerings to include a new business credit card to better meet the everyday financing needs of small business owners. The PayPal Business Cashback Mastercard, issued by WebBank and powered by the Mastercard network, is the first business credit card offered through PayPal. The […]
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Companies

Payoneer Partners With EC21 to Grow Korean SMBs Globally

“Payoneer, the commerce technology company powering payments and growth for the new global economy, and EC21, a Korean-based global B2B marketplace, have partnered to support the cross-border business of Korean SMBs. EC21 was founded in 2000 as a spin-off of the Korea International Trade Association (KITA) eTrade Services division. The EC21 marketplace connects millions of […]
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Companies

Oracle Payment Cloud Service Lets Restaurants Accept All Major Payment Options and Eliminate Hidden Fees

“The accelerated use of digital payments has created more options for diners, but also complexity and cost for restaurants. Eliminating this headache, Oracle today announced the Oracle Food and Beverage Payment Cloud Service. With the service, restaurants in the US can now accept the latest in contactless payment options, including debit/credit cards and Apple Pay, Google Pay, […]
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Companies

As Klarna and Affirm Falter, a New Breed of ‘Buy Now, Pay Later’ Startups are Stealing the Spotlight

“With hype over the “buy now, pay later” trend fading, some investors are betting they’ve found the next big thing. Buy now, pay later companies like Klarna and Affirm, which let shoppers defer payments to a later date or break up purchases into interest-free installments, are under immense strain as consumers become more wary about spending due […]
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Companies

Mastercard and Paysafe Deepen Global Collaboration With Integration of Mastercard Send

“Mastercard and Paysafe today announce the integration of Mastercard Send into Paysafe’s payments platform, enhancing the payout capabilities offered to Paysafe’s merchant customers in the UK and EU. The addition of Mastercard Send is the latest extension of the ongoing global relationship between the two companies which supports multiple Paysafe products and services. Mastercard Send […]
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Companies

Buy Now, Pay Later: Revolut’s Newest Feature Explained

“Revolut has chosen to pilot a new ‘buy now, pay later’ credit service in Ireland beginning this week. Traditional retailers have been offering customers the option to pay for furniture and white goods in instalments for years. Now, the service has been extended online and dubbed “buy now, pay later”. The cost and interest rates […]
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Companies

China NFT Weekly: WeChat Bans NFT Accounts

“WeChat, China’s most popular social media platform with over 1.2 billion monthly active users, has updated its policies to ban accounts providing access to crypto or NFT-related services. The new guidelines will restrict or ban the issuance, trade, and financing of crypto and NFTs as these activities are now viewed as illegal.”
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Companies

Splitit and Everyware® Team Up to Bring Installments to Pay By Text

“Splitit and Everyware, a leading contactless payments and customer engagement solutions company, have agreed to a partnership to bring Splitit’s Installments-as-a-Service platform to Everyware’s Pay By Text platform eliminating consumer friction for mobile installments. Everyware will integrate Splitit’s Installments-as-a-Service into its platforms to deliver an unprecedented mobile-first buy now, pay later (BNPL) solution with the […]
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