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PayU research: US demand not met domestically

News | Ecommerce | 28 Sep 2022

Online payment service provider operating in 50 emerging markets, PayU, has recently released its latest survey on the US customers, focusing on driving cross-border payments adoption in the country.

survey, online shopping, shopping, online platform, ecommerce, ecommerce platform, local payment method, BNPL, credit card, PSP, online payments

Tabby and Paymob partner to boost retailer growth in Egypt

News | Ecommerce | 27 Sep 2022

Middle East-based payments and shopping app, Tabby, has announced a strategic partnership with omnichannel payments facilitator in the MENAP region, Paymob, to boost ecommerce and in-store offerings in Egypt.

partnership, ecommerce, ecommerce platform, online platform, BNPL, merchant, merchants, digitalisation, financial inclusion, omnichannel, omnichannel payments solution, online payments, payment gateway, payments infrastructure, payment methods, local payment method

RappiPay secures USD 112 mln to boost financial inclusion

News | Online & Mobile Banking | 26 Sep 2022

RappiPay, Colombian Banco Davivienda and Rappi’s fintech has secured USD 112 million financing in a credit to boost financial inclusion in the LATAM country.

mobile payments, online platform, mobile banking, bank transfer, online banking, money transfer, product upgrade, funding, financial services, financial inclusion

Sumsub new tool to estimate fraud losses for betting platforms

News | Digital Identity, Security & Online Fraud | 22 Sep 2022

All-in-one verification platform Sumsub has announced the launching of a new tool to help online betting platforms to calculate their potential fraud losses during the upcoming 2022 Football World Cup.

KYC, eKYC, AML, gambling, online platform, fraud management, fraud detection, identity verification, identity fraud, credit card fraud, online fraud

Airbnb partners with Generali to offer travel insurance

News | Online Payments | 30 Aug 2022

Worldwide-known home rental platform Airbnb has announced since January 2022 the upcoming launch of a customised insurance product offering exclusive to Airbnb users. 

partnership, online platform, platform, insurance, expansion, product launch, travel payments, COVID-19, online payments

Shopify to offer up to AUD 2.5 mln loans to Australian businesses

News | Ecommerce | 22 Aug 2022

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

BankiFi secures USD 4.8 mln in funding

News | Online & Mobile Banking | 17 Aug 2022

UK-based embedded banking solutions provider for SMEs, BankiFi, has secured USD 4.8 million in funding, according to techstartups.com.

online platform, digital banking, investment, embedded finance

Dianxiaomi raises USD 110 mln from SoftBank and Sequoia China

News | Ecommerce | 16 Aug 2022

China-based ecommerce SaaS platform Dianxiaomi has announced it raised USD 110 million in a Series D funding round led by SoftBank Vision Fund 2 and Sequoia China, with the participation of Tiger Global Management, GGV Capital, and others.

SaaS, funding, crowdfunding, cross-border ecommerce, online platform, platform, ecommerce, ecommerce platform, SMEs, ERP, expansion

ChannelAdvisor integrates with Shopee

News | Ecommerce | 15 Aug 2022

Provider of cloud-based ecommerce solutions ChannelAdvisor has announced its integration with Shopee, one of the most popular ecommerce platforms in Southeast Asia and Taiwan.

online shopping, shopping, ecommerce, ecommerce platform, cross-border ecommerce, digitalisation, financial inclusion, m-commerce, online platform

CVS to close stores across the US

News | Payments General | 04 Aug 2022

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

Klaviyo partners with Shopify

News | Ecommerce | 03 Aug 2022

Customer platform Klaviyo has announced a product partnership with provider of essential Internet infrastructure for ecommerce, Shopify, as the latter will also make a strategic investment in Klaviyo.

partnership, merchant, ecommerce, ecommerce platform, online shopping, online platform, online payments, platform

Indonesia denies access to Yahoo, PayPal, gaming websites over license breaches

News | Digital Identity, Security & Online Fraud | 02 Aug 2022

Indonesia has reportedly blocked the search engine Yahoo, online payments giant PayPal, and several gaming websites for failing to comply with licensing rules.

regulation, regulatory sandbox, social commerce, online platform, compliance

Moonfare expands to the Middle East

News | Online & Mobile Banking | 28 Jul 2022

According to the Handelsblatt, Germany-based fintech Moonfare has planned an expansion into the Middle East. 

expansion, online platform, mobile banking, banking, investment

Zimpex suspends crypto withdrawals

News | Cryptocurrencies | 21 Jul 2022

Digital assets exchange platform Zimpex has officially announced it is pausing withdrawals until further notice.

cryptocurrency, cryptocurrency exchange, crypto, crypto asset, online platform, trading platform, COVID-19, Russia Ukraine War, Unicorn

Central Bank of Nigeria grants AIP licence to RoutePay

News | Online & Mobile Banking | 19 Jul 2022

The Central Bank of Nigeria (CBN) has granted an Approval In Principle (AIP) licence to RoutePay Fintech to provide digital payment products and services in Nigeria, to ensure financial inclusion.

digital payments, digital banking, mobile money, online platform

Etsy to leverage Adyen's Giving feature for donations

News | Ecommerce | 18 Jul 2022

Global marketplace that connects creative buyers and sellers, Etsy, has leveraged fintech platform Adyen’s Giving round-up feature, allowing customers to round-up their totals to donate.

partnership, donation, charity, mobile payments, payments , marketplace, online platform, ecommerce, ecommerce platform

Multiple digital asset exchanges join Plaid network

News | Cryptocurrencies | 15 Jul 2022

Plaid has announced that Binance.US, Gemini, Robinhood, and SoFi, among other exchanges and investment platforms supporting digital assets, are now supported on its network.

 

partnership, cryptocurrency, online platform, Web 3.0

The future of payment orchestration platforms and their role in today's payments sector

Interviews | Online Payments | 14 Jul 2022

“Adding alternative payments for the right kind of audience to suit specific needs will become essential in running your business if it isn’t already” says John Lunn, Founder and CEO of Gr4vy, in an exclusive interview with The Paypers.

payments orchestration, merchant, merchants, online platform, platform, cloud services, cloud payments, payments infrastructure, fintech, local payment method

Alviere rolls out embedded finance platform

News | Online & Mobile Banking | 12 Jul 2022

Alviere has rolled out an embedded finance platform that will make it possible for brands to partner with banks to offer financial products like payment services, fund transfers, branded bank accounts, branded cards, and gift cards. 

product launch, embedded finance, online platform, retail

What's next for BNPL in Asia and how will it help retailers?

Voice of the Industry | Ecommerce | 11 Jul 2022

Jeremy Wong, Head of Strategic Partnerships at Atome, talks about the future of BNPL in the Asian market and the reason behind its astonishing success. He tackles the particularities of the region and what retailers should do to become a part of the successful ecommerce market.

BNPL, local payment method, retail, merchants, merchant, ecommerce, cross-border ecommerce, online shopping, online platform