PaymentsNews

On The Web

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Companies

Airbnb Tests Earlier Payouts For Hosts

“Airbnb is testing a new payments feature for hosts, letting them get partially paid out at the time of booking. This feature isn’t rolling out to everyone just yet, as Airbnb says that this is just a preliminary test to gauge interest. Invited hosts simply opt in to payout splitting to check out the feature. Here’s […]
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Domains

Gusto And Xero Partner For Payroll Playtime

“The alliance will involve a deeper technical integration of the two platforms that is expected to be completed by early 2019. The new service for SME owners and accountants will provide a single sign-on enabling access to Gusto accounts using Xero credentials, automatically updated cash flow management, and the ability to provide permissions to trusted […]

On The Wires

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Companies

PayPal Significantly Enhances Global Payout Capabilities With Acquisition Of Hyperwallet

“PayPal Holdings, Inc. announced today that it has agreed to acquire Hyperwallet, a leading global payout platform, for $400 million in cash, subject to certain adjustments. The acquisition of Hyperwallet enhances PayPal’s payout capabilities, improving the company’s ability to provide an integrated suite of payment solutions to ecommerce platforms and marketplaces around the world. According […]