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Eric Drésin, Secretary General at ECTAA, discusses the payment challenges, trends, and regulatory frameworks impacting travel agents and tour operators.
travel payments, payments , regulation, digital wallet, PSD3, Merchant of Record, pandemic, BNPL, Open Banking, digital currency, PSD2, SCA, PCI compliance, PCI DSS, payment processing, chargebacks, digitalisation
Turkey-based food delivery platform, Getir has announced it has decided to end operations in Italy, Spain, and Portugal stating that it is finalising its funding round.
ecommerce, COVID-19, pandemic, delivery
BNPL solution for travelling and retailing brands, Uplift, has recently announced a new partnership with cruise planning company Margaritaville at Sea to offer customers instalment payments on bookings.
BNPL, travel payments, online payments, instalment payments, credit scoring, partnership, COVID-19, pandemic, financial services, financial inclusion, mobile money
Canada-based ecommerce platform Shopify has announced the introduction of a new business financing programme for the Australian market, offering up to AUD 2.5 million in funds.
ecommerce, ecommerce platform, online platform, online shopping, funding, merchants, COVID-19, pandemic, SME lending, P2P lending
US-based popular drugstore and prescription medication chain, CVS, has announced the closing of several stores across the US, starting August 2022.
retail, ecommerce, online shopping, online platform, digital payments, digitalisation, COVID-19, pandemic
UK-based alternative finance company Accelerated Payments has advanced EUR 750 million to businesses, as companies emerge from the COVID19 lockdown.
fintech, SMEs, lending, Brexit, pandemic