Tagged: e-commerce

August 29, 2021 @ 8:28 pm By Omar Faridi  |  

Neobanking Fintech Razorpay has teamed up with Shiprocket in order to provide end-to-end digital commerce solutions in India. As noted in the update from Razorpay, e-commerce has changed the “way we live, shop, and do business.” And, virtual payments have served as a catalyst in… Read More

August 26, 2021 @ 7:18 am By Omar Faridi  |  

Balance, the payments experience platform for B2B e-commerce, reveals that it has acquired $25 million in capital through a Series A round that was led by Ribbit Capital, along with contributions from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity… Read More

August 22, 2021 @ 3:35 pm By Omar Faridi  |  

European payments company Worldline and Switzerland’s digital asset platform Bitcoin Suisse recently announced the official launch of their omnichannel cryptocurrency payment solution, called WL Crypto Payments. The integrated solution has been designed to enable over 85,000 Switzerland-based merchants on Worldline’s network to take Bitcoin (BTC)… Read More

August 18, 2021 @ 8:17 am By Omar Faridi  |  

Online trade finance network Contour has teamed up with the Global Shipping Business Network (GSBN) in order to provide an all-digital solution for participants involved in trading, financing and shipping goods across the globe. As mentioned in the announcement: “Pandemic-induced lockdowns and the subsequent explosive… Read More

August 17, 2021 @ 8:55 am By Omar Faridi  |  

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

August 17, 2021 @ 8:28 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered an agreement to acquire SafetyPay for $441 million as part of an all-cash deal. SafetyPay is an established payments platform that allows digital commerce transactions through various Open Banking and electronic cash solutions, operating… Read More

August 16, 2021 @ 8:37 pm By Omar Faridi  |  

Vesta, the only “instant, end-to-end” transaction guarantee platform for making online purchases, recently revealed that it has been chosen by Bukalapak, which is one of Indonesia’s biggest tech firms. According to a release, Bukalapak will be leveraging Vesta’s extensive fraud prevention solution “to maximize approvals… Read More

August 16, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Steve Pinado, President at Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider. Pinado explained how automation trends have been accelerating at warp speed during the COVID-19 pandemic. Last month, the team at Billtrust had shared… Read More

August 10, 2021 @ 10:15 pm By Omar Faridi  |  

Juniper Research recently published a whitepaper titled, “Cash is No Longer King: How Contactless Payments are Becoming the Norm.” The paper from Juniper Research notes that bricks-and-mortar retailers are now “under pressure” to provide increasingly “frictionless” shopping experiences. Consumers have started expecting quick, secured, and… Read More

August 8, 2021 @ 4:22 pm By Omar Faridi  |  

First Abu Dhabi Bank (FAB)-owned online wallet Payit has entered a partnership with digital support services provider PLATX Omni Channel Conversational Commerce in order to offer a new solution for UAE-headquartered merchants. The two firms said they’ll enable UAE’s merchants to obtain customer payments through… Read More

July 21, 2021 @ 10:21 pm By Omar Faridi  |  

Southeast Asia’s Grab, the developer of a Super App, has decided to extend its partnership with Adyen (AMS: ADYEN), a leading payments platform, in order to enable merchants in Singapore and Malaysia to provide BNPL payment options. Available via the GrabPay wallet, merchants can offer… Read More

July 21, 2021 @ 2:17 am By Omar Faridi  |  

Los Angeles based Verifi, a company that claims it has been leading the dispute management and payment protection sector for sellers and issuers since 2005, notes that by now, sellers may have realized that the consumer trend “away from in-store shopping and toward e-commerce is… Read More

July 13, 2021 @ 10:26 pm By Tony Zerucha  |  

The COVID-19 pandemic helped drive further growth in India’s e-commerce sector, new research from GlobalData shows. According to the firm’s E-Commerce Analytics, e-commerce payments in the country grew by 12.2 percent in 2020 and should reach $61.5 billion this year. Between now and 2025 sales… Read More

July 11, 2021 @ 8:57 pm By Omar Faridi  |  

With changing consumer habits for digital purchasing and a significant increase in customer demand for Buy Now Pay Later (BNPL) payment services in the Australian market, Fintech firm Zip has decided to join forces with Microsoft (NASDAQ: MSFT). Zip says the new partnership is designed… Read More

July 3, 2021 @ 6:37 pm By Omar Faridi  |  

Checkout.com, the Cloud-powered payment service provider, has reportedly been certified as a BigCommerce Technology Partner. Checkout.com’s unified payments platform has been developed to assist fast-growing companies or businesses with boosting revenue by improving authorization rates and tapping into new markets BigCommerce’s 60,000 international merchants will… Read More

June 29, 2021 @ 12:00 pm By Omar Faridi  |  

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

June 29, 2021 @ 8:23 am By Omar Faridi  |  

Fintech firm Klarna has chosen embedded business finance platform Liberis in order to help it with providing its digital commerce customers with revenue-based financing options. The deal between Liberis and Klarna will see the BNPL Fintech company’s 250,000+ merchant partners in 17 different countries provided… Read More

June 29, 2021 @ 6:13 am By Omar Faridi  |  

DIGITEC, the international standard for carrying out foreign exchange (FX) Swaps and NDF pricing and data, reveals that it has established a new London office, which will be led by Stephan von Massenbach who joins the company as MD, Chief Revenue Officer. Part of DIGITEC’s… Read More

June 23, 2021 @ 8:46 pm By Omar Faridi  |  

Bakkt has introduced its own Visa debit card in order to maximize customers’ ability to spend digital assets, the company revealed on Tuesday (June 22, 2021). Bakkt Card lets clients use Bitcoin (BTC) for making online and in-store purchases, which should help with expanding the… Read More

June 22, 2021 @ 1:38 pm By Tony Zerucha  |  

The Canadian e-commerce market grew by 75 percent in 2020, the second-fastest rate in the world, data from eMarketer shows. The stat is one of several describing robust growth for Canadian e-commerce, which for the first time in 2020 made up more than 10 percent… Read More