Payments News

On The Web

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Domains

As Customers Move Online, So Does the Holiday Shopping Season

“The holidays will look different at Macy’s this year. The Thanksgiving Day parade will proceed without spectators, and Santa Claus will not be reviewing Christmas wish lists from his usual perch on 34th Street. But while many of those traditions are likely to return once the threat of the coronavirus passes, other changes at Macy’s […]
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Deals

YC-backed Cashfree raises $35.3 million for its payments platform

“Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering… Cashfree kickstarted its journey in 2015 as a solution for restaurants in Bangalore that needed an efficient way for their delivery personnel to collect […]
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Domains

Chinese shoppers are willing to spend more money, says CEO of Alibaba’s InTime department store chain

“In the aftermath of the coronavirus pandemic, China’s consumers are spending less time on the shopping process — but they’re spending more money than before, according to a CEO of an Alibaba -owned company. Chinese shoppers are particularly willing to pay a lot of money on luxury goods and cosmetics, Chen Xiaodong, CEO of InTime, […]
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On The Wires

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Companies

Payoneer Launches Payment Orchestration to Supercharge Global Payment Strategies for e-Commerce Merchants in North America

“Payoneer, the digital payment platform empowering businesses around the world to grow globally, today announced that its new payment orchestration platform is available for e-Commerce merchants in North America that are looking to accept international payments. Following its acquisition of optile, Payoneer has now integrated its offering into its core platform and broadened its potential […]
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Companies

A World of Opportunity: Shopify Launches Partnership with Alipay to Help Merchants Access New Global Consumers

“Today, we’re announcing a partnership with Alipay, Asia’s leading digital wallet platform, unlocking the power of cross-border commerce for Shopify’s merchants. The new payment gateway will allow Shopify merchants to seamlessly accept payments through Alipay from more than one billion annual active users in China alone — and, in the future, hundreds of millions more […]
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Domains

PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security

“Bluefin, the leader in encryption and tokenization payment and data security, and PAAY, innovator in consumer authentication, announced today a new security solution set that eliminates the threat of hackers and online fraud, while providing regulatory compliance. The solution set combines 3DS, hardware-based encryption, and vaultless tokenization to provide merchants a liability shift, strong customer […]