Payments News

On The Web

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Companies

Visa Sees “Massive” Digital Acceleration With Millions Trying E-commerce for the First Time

“The COVID-19 outbreak is bringing more people into the digital fray and providing a further tailwind to e-commerce growth. In Latin America alone, 13 million Visa Inc. cardholders made e-commerce transactions for the first time ever during the March quarter, the company’s Chief Product Officer Jack Forestell told MarketWatch. That represented about two in 10 active […]
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Domains

US e-commerce sales jump 49% in April, led by online grocery

“Online retailers are seeing Black Friday-like sales due to the impact of the COVID-19 pandemic on their business. According to new data from Adobe’s Digital Economy Index, U.S. e-commerce jumped 49% in April, compared to the baseline period in early March before shelter-in-place restrictions went into effect. Online grocery helped drive the increase in sales, […]

On The Wires

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Domains

PPRO Launches Leading Japanese Payment Methods, Propels APAC Expansion

“PPRO , the world’s leading local payments platform-as-a-service, has entered the Japanese e-commerce market. Two popular Japanese payment methods – Konbini and Pay-easy – join over 150 local payment methods on PPRO’s platform, a portfolio that already includes APAC heavyweights like Alipay, WeChat Pay, UnionPay, and GrabPay.  The Japanese e-commerce market – boasting a healthy growth […]
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Companies

How to Get Paid With Square Online Checkout

“That’s why we’re introducing Square Online Checkout, an online checkout link or button that allows you to accept payments without having to build an online store. Square Online Checkout quickly generates a checkout link or button for any of your goods, services, memberships, and more. Whether it’s your first product or your newest offering, you […]
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Domains

Fiserv Enables SNAP Online EBT Payment Acceptance for Grocers

“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced it is facilitating the acceptance of online Electronic Benefits Transfer (EBT) payments in support of the United States Department of Agriculture’s (USDA) Supplemental Nutrition Assistance Program (SNAP) Online Purchasing Pilot.”
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Companies

Global eCommerce Retail Sales Up 209 Percent in April, ACI Worldwide Research Reveals

“The COVID-19 crisis continued to drive global eCommerce sales in April, with the general retail sector experiencing 209 percent growth compared to the same period last year, according to an analysis by ACI Worldwide of hundreds of millions of eCommerce transactions from global online retailers. Following general retail, the gaming segment saw the biggest bump, […]
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Companies

Stripe Newsroom: QuadPay Builds New Installment Model With Stripe Issuing

“QuadPay, the payment installment platform, is partnering with Stripe to power advanced buy-now-pay-later experiences that boost conversion and let consumers start shopping instantly both online and in-store. Built on Stripe’s issuing infrastructure, QuadPay enables consumers to start shopping in installments anywhere Visa is accepted and powers buy-now-pay-later experiences that boost sales by more than 20% […]