Payments News

PayPal used incorrect currency early November

PayPal Bug

We’ve heard from a reader that PayPal billed some of their customers in the wrong currency during the first week of November. We have no idea how this could have happened nor how widespread the issue may have been. PayPal have identified the glitch, are in the process of rectifying the errors and have sent […]

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PayPal launches new dedicated business app

New PayPal app feat

Perhaps not before time, PayPal has launched a new app specifically for businesses, honed to the needs of business users. You can find out more and download the app here. So what can it do that the standard PayPal app can’t? The landing page is short on exact details, so if you do download it […]

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Etsy launches Apple Pay for web purchases

Apple Pay

In time for Black Friday, Etsy has revealed that shoppers will now be able to pay for their crafty purchases using Apple Pay on the web. Since February buyers have been able to pay with their iOS phones. Now you can pay via your computer browser. Etsy is making some quite notable additions to its […]

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PayPal partial refund glitch

PayPal Bug

We’re hearing that some sellers may have problems performing partial PayPal refunds. Sellers who routinely refund excess postage are most likely to stumble across the error as they naturally will process more refunds. The error doesn’t appear to affect all refunds, but if you run into a problem refund trying again several hours (or even […]

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Payments firm Adyen expands with WeChat

screen-shot-2016-11-15-at-00-52-14

Payments company Adyen, used by Uber, Facebook and Netflix, has announced that it has added WeChat Pay to its portfolio of local payment methods. It is the first major payment service provider to offer WeChat Pay on a global scale, enabling businesses to access 400 million Chinese shoppers. 15% of China’s total population is expected […]

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Apple’s Siri can now PayPal you some money

iPhone

Siri will be integrated with PayPal as of today (the 10th of November). If you have an iPhone or iPad running iOS 10 or later you can now send and receive money via a voice command with Siri. Simply say, “Hey Siri, send Bill £10 using PayPal.” and it’ll be done. Of course you need […]

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Trump vs Clinton and Exchange Rates

USA

15 months of campaigning draws to an end later today as the most divisive Presidential election will finally see a winner crowned. Analysts are expecting as many as 130m people to vote for the candidates but also for Governors, Senators, Congressmen and women and on local referendum matters by the end of the night. The […]

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Tesco bank attack shows payments are the weakest link

Tesco Feat

With Black Friday less than a month away, it’s a particularly bad time of year for a bank to be hacked, but that appears to be what may have happened to Tesco Bank today. We should point out that Tesco Bank have been very careful regarding the language they used in their statement referring to […]

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UK SMEs facing £34.6bn US election currency risk

worldfirst

According to research done by World First, the economic volatility around the US election, and a weakening pound related to Brexit, have opened UK SMEs up to currency risks equating to £34.6bn. 38% of businesses are worried about currency volatility over the next three months Awaiting the result of the US election, British small businesses […]

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Spotcap SME finance decide a post Brexit Britain is good for business

spotcap

Online Lender Spotcap just gave a huge thumbs up to a post Brexit Britain by launching in the UK. Founded two years ago and operating in Spain, Australia and the Netherlands, Spotcap is now expanding into the UK market, providing flexible and accessible funding solutions to small and medium-sized enterprises. Spotcap provides SMEs with credit […]

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