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Online Checkout Startup Bolt Valued at $4 Billion

July 21 2021

“Bolt, a San Francisco-based startup that offers software for online shopping, is raising $333 million in Series D funding at a post-investment valuation of $4 billion, nearly five times its valuation in December, according to three people familiar with the matter. London-based venture firm Hedosophia is leading the round, said one of the people. Six-year-old […]
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Domains

Facebook’s Making Facebook Pay Available As a Payment Option on Third Party Websites

July 15 2021

“Starting this August, businesses in the US who use participating platforms will have the ability to enable Facebook Pay as a payment option directly on their websites, giving their customers the ability to speed through checkout without having to re-enter their payment information. We’re starting the rollout with Shopify merchants and expect to expand availability […]
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Domains

E-commerce Player Wish Secures EU Payment Institution License

July 7 2021

“Wish has been granted a Payments Services License by the Dutch Central Bank, paving the way for the e-commerce giant to process all EU payments on its platform. The license will enable Wish to process transactions and increase control over the payments value chain in a compliant manner, while also reducing reliance on third parties.Wish […]
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Domains

Africa’s Amazon Targets 100 Years of E-Commerce Leadership

July 2 2021

“Jumia Technologies AG is focused on building a sustainable business in Africa’s e-commerce space over the next 100 years rather than only pursuing growth, an executive said… U.S.-listed Jumia is seen as one of the pioneers in online trading in sub-Saharan Africa, which trails the rest of the world due to challenges including weak internet […]

On The Wires

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Domains

Fiserv Integrates E-Commerce Solutions Into Its Portfolio in Mexico

July 21 2021

“Fiserv Inc. , a leading global provider of payments and financial services technology, today announced the integration of a cutting-edge fraud prevention solution into its e-commerce payment gateway to reduce the fraud-related chargeback risk for Mexico’s online commerce. The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate, and includes a “Zero Chargeback […]
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Domains

GoDaddy Teams up With Google to Help Small Businesses Increase Reach and Boost Online Sales

July 13 2021

“Without leaving their GoDaddy Online Store, customers are now able to automatically create a Google Merchant Center account, sync their catalog to create free product listings on Google, and promote their products on Google. In addition to free listings, GoDaddy customers now have integrated capabilities to launch Smart Shopping campaigns to promote products across more […]
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Domains

PayU Partners With WooCommerce to Accelerate Digitalization for SMBs

July 9 2021

“PayU, India’s leading online payment solutions provider, has partnered with WooCommerce, an open-source, customizable e-commerce platform, to enable WooCommerce merchants with digital payments infrastructure, and end-to-end digitalization of business processes. The partnership will offer merchants exclusive pricing on transactions, no hidden charges, and contactless payment solutions to scale growth and profitability.”
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Domains

Identity Verification Company Trust Swiftly Launches Its Robust Platform to Increase E-commerce Fraud Prevention

July 6 2021

“Trust Swiftly launches the first-ever identity verification platform featuring 15 different methods of authentication that safely approves real e-commerce customers while stopping fraudsters fast. By combining multiple verifications, Trust Swiftly provides legitimate customers the most efficient and enjoyable experience possible while fraudulent actors are quickly identified. The platform is customizable and allows users the capability […]
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Domains

BigCommerce Expands Into the Netherlands, France and Italy for Localised Ecommerce Experiences to Help Merchants Build, Run and Grow a Better Online Business

July 6 2021

“BigCommerce (Nasdaq: BIGC), a leading global Open SaaS ecommerce platform for fast-growing and established brands, today announced it has extended its European presence from the U.K., into the Netherlands, France and Italy. With BigCommerce, merchants will have access to a flexible, enterprise-grade ecommerce platform built to sell on a local and global scale. This latest […]