Articles with tag like: Amazon

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Amazon drops Visa in the UK. Conclusions and forecasts for the future of credit card payments from top industry experts

Voice of the Industry | Ecommerce | 26 Nov 2021

The Paypers gathered top voices in the payments industry to tackle the significance of the Amazon/Visa story for the future of ecommerce payments (from BNPL and A2A payments as contenders for future monopolies, to what this all means for regulating transaction fees for merchants in the UK)

Visa, Amazon, ecommerce, credit card, interchange fee, CMSPI, Interchange Fee Regulation

Amazon stops accepting Visa credit cards for UK residents

News | Cards | 18 Nov 2021

Starting 19 January 2022, Amazon has announced it will stop accepting Visa credit cards issued in the United Kingdom, citing high transaction fees.

partnership, Amazon, Visa, credit card, Mastercard, debit card, American Express

Amazon considers renouncing Visa partnership on its credit cards

News | Cards | 18 Nov 2021

Amazon has announced that it might drop Visa as a payments partner on its US co-branded credit cards.

partnership, online payments, credit card, Visa, Amazon, online shopping

Affirm expands its partnership with Amazon

News | Online Payments | 11 Nov 2021

BNPL platform Affirm has decided to strengthen its partnership with Amazon.

partnership, Amazon, BNPL, mobile payments, e-wallet, digital wallet

Amazon to introduce Venmo payment option in 2022

News | Mobile Payments | 09 Nov 2021

Venmo’s mother company, PayPal, has announced that Amazon is adding a Venmo payment option for customers in the US, starting 2022.

Amazon, PayPal, mobile payments, online shopping, product launch

Meta to launch retail stores in the US

News | Ecommerce | 08 Nov 2021

Facebook’s parent company Meta has announced it’s looking into opening physical stores in the US.

Facebook, product launch, shopping, Amazon

Core banking platform Pismo raises USD 108 mln Series B

News | Online & Mobile Banking | 20 Oct 2021

Brazil-based cloud-native core banking platform Pismo has announced a USD 108 million Series B fundraising round, led by SoftBank, Amazon, and Accel.

funding, online banking, Amazon, digital banking

Enfuce achieves the AWS Financial Services Competency

News | Online Payments | 20 Oct 2021

Finland-based payment service provider Enfuce has gotten the Amazon Web Services (AWS) Financial Services Competency, helping institutions with innovations, management, and compliance.

online payments, certification, cloud, Open Banking, Amazon, Enfuce

PCI Pal announces Amazon Connect integration

News | Ecommerce | 12 Oct 2021

UK-based PCI Pal has announced an integration with Amazon Connect to offer payment security and compliance with PCI Pal omnichannel secure payment solutions.

Amazon, PCI compliance, PSP, omnichannel

Australian Government to regulate Apple, Google, and WeChat digital wallets

News | Mobile Payments | 21 Sep 2021

The Australian Government has announced considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet’s Google.

Apple, Apple Pay, Google Pay, Amazon, regulation

Amazon Pay launches Checkout v2

News | Ecommerce | 20 Sep 2021

Amazon has modernised their web checkout technology to be faster, more secure, and replace existing Amazon payment and address widgets.

product upgrade, Amazon, checkout optimisation , ecommerce

Amazon plans to roll out point-of-sale solution

News | Mobile Payments | 10 Sep 2021

Amazon has started working on a point-of-sale (POS) offering aimed at non-Amazon sellers that’ll have integrations with Amazon-branded services, according to documents reviewed by Insider. 

Amazon, POS, mPOS, biometrics, contactless payments

Amazon to offer Buy Now, Pay Later option through Affirm

News | Ecommerce | 30 Aug 2021

Amazon has announced teaming with US-based payments company Affirm to offer online shoppers a Buy Now, Pay Later option that does not involve credit cards.

Amazon, Affirm, partnership, ecommerce, BNPL

Amazon to open large retail locations similar to department stores

News | Ecommerce | 23 Aug 2021 has announced it plans to open several large physical retail locations in the US that will function similar to department stores, The Wall Street Journal reports.

Amazon, retail, ecommerce

Twitter and Amazon to integrate crypto payments

News | Cryptocurrencies | 28 Jul 2021

Twitter has confirmed it will integrate Bitcoin into its services, and Amazon has announced it will let customers pay in cryptocurrency.

Twitter, Amazon, cryptocurrency, Bitcoin, CBDC

Indian ecommerce market to reach USD 120.1 mln

News | Ecommerce | 13 Jul 2021

GlobalData’s E-Commerce Analytics has shown that the ecommerce sales in India are forecasted to rise at a compound annual growth rate (CAGR) of 18.2% between 2021 and 2025, to reach USD 120.1 billion in 2025.

ecommerce, growth markets, BNPL, Amazon, Flipkart, digital payments

AWS announces model variable importance for Amazon Fraud Detector

News | Digital Identity, Security & Online Fraud | 13 Jul 2021

AWS has announced that Amazon Fraud Detector now includes model variable importance values to provide customers more insight into their fraud detection machine learning (ML) model’s performance.

machine learning, fraud detection, Amazon, fraud prevention

American Express expands its Digital Receipts feature to Amazon purchases

News | Cards | 08 Jul 2021

American Express has announced it is expanding its Digital Receipts feature, allowing purchases made on Amazon in the US to be included as part of the service.

American Express, partnership, Amazon, data , report

Onventis launches Amazon business product search

News | E-invoicing, SCF & E-procurement | 07 Jul 2021

Germany-based cloud procurement and supplier relationship management (SRM) provider Onventis has launched the ‘Amazon Business Integrated Search’ (ABIS).

product launch, e-procurement, online shopping, Amazon

India proposes stricter ecommerce rules

News | Ecommerce | 22 Jun 2021

India’s Ministry of Consumer Affairs  has issues a proposal to ban flash sales on ecommerce platforms and prevent their affiliate entities from being listed as sellers.

regulation, ecommerce, Amazon, online shopping