Payments News
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Deals

Weengs, the UK Logistics Startup for Online Retailers, Collects £6.5M Series A

““Our business is part of the rising omnichannel opportunity we are seeing in retail,” says Pier Ronzi, Weeng’s more recently added co-founder and CEO. “Increasingly, it makes sense for retailers to ship-from-store. Basically cities and stores are becoming distributed inventories that retailers can leverage to increase their business and Weengs helps them [by] offering a […]

On The Web

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Domains

4 New Ways to Pay for Canadian Merchants

“To capitalize on the opportunity, successful retailers minimize friction during the mobile purchasing process, especially at checkout. Checkout is the moment when consumers part with their money but have not yet seen, touched, or received their product — any friction can give the consumer an opportunity to reconsider their purchase and abandon their cart. In […]
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Domains

Instagram Shopping Checkout: Simple, Convenient and Secure Shopping

“Checkout enhances the shopping experience by making the purchase simple, convenient and secure. People no longer have to navigate to the browser when they want to buy. And with their protected payment information in one place, they can shop their favorite brands without needing to log in and enter their information multiple times.”
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Domains

MercadoLibre Soars to Record as Payments Growth Impresses Street

“Latin American e-commerce retailer MercadoLibre Inc . is getting a boost from its payments push .    American depositary receipts for the Buenos Aires-based company jumped as much as 20 percent to a record high on Friday after first-quarter revenue beat the highest analyst estimates . “Strong” payments growth overshadowed a slowdown in gross merchandise […]
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Domains

IKEA to Revamp App As Store Strategy Shifts

“IKEA is launching a new app to allow customers to shop remotely for products they can visualize in the context of their own homes, lessening the need for them to travel to its vast network of self-service, out-of-town stores. The world’s biggest furniture retailer is shifting its business model away from pushing customers through its suburban […]
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Domains

Walmart Emphasizes Omnichannel With Canadian ‘Urban Superstore’

“Walmart will update an existing Toronto location with a new “Urban Superstore Concept” designed to meet the needs of young city-dwelling families. The location will feature tighter e-Commerce integration, more in-store technology and an improved product assortment, among other enhancements. One of the store’s key features is Fast Lane checkout technology, which leverages the My […]
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Domains

PayPal Opens up Access to E-commerce Platform That’s Already Used by Instagram and Facebook

“PayPal is rolling out a new e-commerce platform that gives small businesses the same access to the online shopping infrastructure as tech giants like Facebook. The new platform brings together existing parts of PayPal’s payments business — letting merchants accept money online and shoppers to check out through PayPal. It also opens up back-end systems […]

On The Wires

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Domains

LimeLight Launches New Mastercard Compliance Toolkit to Protect ECommerce Sellers & Subscribers

“LimeLight , the leading end-to-end eCommerce engine designed to maximize revenue for subscription businesses, today launched a new toolkit built to quickly and easily help online merchants operate within Mastercard’s new Continuity Regulations. This new toolkit enhances LimeLight’s unified eCommerce engine, which provides flexible billing, advanced analytics, fraud protection and more than 400 partner integrations.”