Payments News

On The Web

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Providers

Adobe Ties up With Amazon to Build D2C Stores Powered by Amazon’s Commerce and Fulfillment Tools

“Today, Adobe announced that it is working with Amazon on a new program called Branded Stores for Amazon Sellers, to create what they are describing as “branded storefronts” (not described specifically as websites) aimed at smaller merchants that have already been selling through Amazon (and possibly other marketplace platforms) to build their own first-party commerce experiences […]
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Providers

Square Brings New Checkout Device to Canada As Competition Increases – BNN Bloomberg

“Square Inc. (SQ.N), which started about a decade ago with a smartphone-based credit card scanner used mainly by small businesses, has launched a device in Canada aimed at disrupting a market of larger retailers dominated by Canadian banks. Square’s white plastic device, called the Terminal, replaces the physical keypad design with a glass touch screen […]
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Domains

POS Providers Invite Developers To Attract More Merchants

“As integrated payments continue to garner more interest from payments companies amid increasing merchant demand, two point-of-sale system providers are making it easier for developers to create software programs for merchants.  Revel Systems Inc. last week launched Revel Integrated , a program that offers developer tools and infrastructure to integrate their work into the Revel […]
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Deals

Balderton Capital backs Primer, a fintech helping merchants consolidate the payments stack

“Primer, a U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has quietly raised £3.8 million in funding. Founded by ex-PayPal employees – via PayPal’s acquisition of Braintree — Primer is busy building out a payments API to (hopefully) rule them all, with the […]
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Providers

EBay Sets Its Sights on the U.K. As It Prepares to ‘Go Hard’ With Its Managed-Payments Plan

“Online marketplace giant eBay Inc. said last month it has an aggressive expansion blueprint for its fledgling managed-payments program, and late on Wednesday the company announced its latest gambit by laying out a plan to move into the United Kingdom this summer. The service has been available in the United States since September 2018 and […]
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Companies

Square’s Cleanup Still Leaves Questions

“Fast transaction growth isn’t everything to Square, which is generating increasing revenue from lending, subscription services and its consumer Cash App. But like many payments businesses, the company’s take rate, or how much of each transaction it takes as revenue, is gently declining, due in part to doing business with larger merchants that drive tougher […]

On The Wires

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Domains

Unisys and PayCargo Partner to Integrate Payment Processing Capabilities Into Unisys’ Award-Winning Cargo Software and Services

“Unisys Corporation (NYSE: UIS ) and PayCargo , LLC, a provider of electronic invoicing and settlement solutions for the shipping industry, today announced an agreement to integrate Unisys’ award-winning Digistics™ cargo software solutions with PayCargo payment processing capabilities to deliver enhanced cargo processing to airlines, freight forwarders and importers.”
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Providers

Fattmerchant Launches Omni Connect, Enabling Software Companies to Accept Payments Directly in Their Platforms

“Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces the launch of Omni Connect, a managed payments platform that brings together all of the necessary tools required to enable software companies to become payment facilitators (payfacs) and accept payments within their platforms seamlessly. Service Fusion, a cloud-based […]