Payments News

On The Web

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Domains

POS Developer Adds Stripe Terminal Support for Card-Present Transactions

“SuiteRetail, a Wilmington, Del.-based point-of-sale software developer, completed integration of  Stripe Inc.’s merchant-processing services into its apps, giving merchants the ability to use Stripe for their in-store and online transactions. Merchants using SuiteRetail’s SuitePOS for NetSuite or Salesforce now can complete their online processor and store set-up for Stripe. The integration also enables them to use Stripe Terminal in stores […]
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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

US Ecommerce Sales Grow 15.0% in 2018

“Consumers spent $517.36 billion online with U.S. merchants in 2018, up 15.0% from $449.88 billion spent the year prior, according to a new Internet Retailer analysis of industry data and historical U.S. Commerce Department figures. That’s a slight slowdown from 2017, when online sales grew 15.6% year over year, according to Commerce Department figures. Total retail sales, […]
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Domains

Instagram Checkout Tests Power of Social Media for Mobile Commerce

“Now, with Instagram Checkout, which went live March 19, Instagram is definitely in the faces of consumers by melding discovery and purchase. To use Checkout, an Instagram member stores a credit card or PayPal data and a shipping address within Checkout. The app also lets shoppers initiate returns, cancel orders and get shopping support, according […]
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Deals

PayPal to Invest $750M, and Dragoneer $100M Into MercadoLibre, Argentina’s E-commerce Powerhouse

“It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of a $1.8 billion equity […]
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Domains

Adobe Launches Its Commerce Cloud, Based on Its Magento Acquisition

“Adobe today announced the launch of its Commerce Cloud, the newest part of the company’s Experience Cloud . Unsurprisingly, the Commerce Cloud builds on the company’s $1.68 billion acquisition of Magento last May. Indeed, at its core, the Adobe Commerce Cloud is essentially a fully managed cloud-based version of the Magento platform that is fully […]

On The Wires

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Domains

Western Union Debuts New Payment Option for Amazon.com Shoppers in Kenya

“Western Union’s platform is powering Amazon’s new cross-border payment option, called Amazon PayCode, by processing the complex foreign exchange, settlement and money movement requirements for international e-commerce transactions. After selecting PayCode on the Amazon.com checkout page, customers will be sent a code, along with instructions on how to pay in person at a participating Western Union® […]