Payments News

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Shopify Suffers Biggest Drop Ever on Slowing Growth Outlook

“Shopify Inc. plunged 17% in Toronto, the most ever, after giving a weaker outlook for growth this year, as online spending resets and consumers face higher inflation.  “The Covid-triggered acceleration of ecommerce that spilled into the first half of 2021 in the form of lockdowns and government stimulus will be absent from 2022,” the Canadian […]

On The Wires

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I2c Partners With PingPong to Power B2B Mastercard Credit Offering

“i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with PingPong , Hangzhou, China-based fintech unicorn providing business owners with modern, cross-border e-commerce payment solutions. Leveraging i2c’s agile SaaS platform, PingPong will expand its existing commercial credit offering to new regions, specifically Hong Kong SAR and Europe. The […]
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Wix Partners With DoorDash to Launch On-Demand Delivery for Restaurants

“Wix .com Ltd. (Nasdaq: WIX ), a leading global SaaS platform to create, manage and grow an online presence, today announced a partnership with DoorDash Drive , DoorDash’s white-label fulfillment platform that powers direct delivery for any business, to integrate with Wix Restaurants. The integration provides restaurant owners using Wix Restaurants access to an expansive […]
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Mollie Powers Mazda With Simplified Payments

“We’re thrilled to announce that we’re partnering with Mazda Motor Europe to provide effortless payments for their new marketplace platform. We have signed a multi-year agreement that will help the automotive firm deliver a seamless digital and ecommerce experience for its customers that offers effortless, convenient, and frictionless payments.”
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BigCommerce and Bolt Deepen Partnership to Embed Bolt’s One-Click Checkout and Shopper Network, Making It Available to Small, Medium and Enterprise Merchants in the U.S.

“BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced, in strategic partnership with Bolt , a leading checkout and shopper network company, to now offer a brand new way for small-, medium-, and enterprise-sized BigCommerce merchants to set up Bolt One-Click Checkout in a self-serve manner within minutes.”
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TrueCar Introduces New Online Car Buying Marketplace Called TrueCar+

“TrueCar, Inc. , (NASDAQ: TRUE ), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, is debuting TrueCar+, its online car buying platform. Using TrueCar+, consumers will be able to explore, confirm and complete their car purchase with a dealer, and arrange financing and delivery from the convenience […]
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Mollie | Majority of UK Ecommerce SMEs Report Service Issues With Payments Service Providers – but Fear Switching, Finds Survey

“Mollie , one of the fastest growing payment service providers in Europe, today shared initial findings from a survey examining the state of the UK ecommerce sector, through the lens of small and medium-sized (SME) merchants. The assessment of the 500-strong representative cohort reveals a lack of proactive advice and support from Payments Service Providers […]