Payments News

World First – Sponsored Post: The sun rises in the east

china

China wakes up to cross-border e-commerce If you’re an online seller, you’re probably already aware that China is the go-to destination for those looking to reach new customers and expand their business. The demographics present an unrivalled opportunity for savvy etailers who can carve out a niche in the region. Nevertheless, even seasoned online sellers […]

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PayPal partner with Discover in the US

discover

PayPal have had a bit of a coup and inked a deal with Discover in the US. Discover is a major US credit card provider and along with a recent series of strategic partnerships with Visa, Mastercard, Citi, FIS, Facebook, and many others aims to get consumers paying with PayPal. The new agreement will make […]

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iZettle raises €60m in funding

izettle

Payments technology firm iZettle has raised an €60m in venture capitalist funding in a recent round. The purpose of the cash will be to further develop the company in Europe and Latin America. In the past year iZettle has developed its product in the past year by adding loyalty features and acquiring the firm intelligentpos. […]

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Amazon.com’s new Prime Credit Card with 5% cash back

amazon-rewards-visa-signature-card

Amazon.com have introduced a new credit card offering 5% cash back on all Amazon.com purchases. Rewards can of course be spent on Amazon.com. The Amazon Prime Rewards Visa Signature Card is as you’d expect only available to Amazon.com Prime members and offers the highest rate of cash back of all Amazon.com’s other credit and store […]

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PayPal charity giving at an all time high

PayPal Giving Fund

PayPal users were generous givers over the course of the year but Christmas 2016 saw them make a record breaking charitable contribution. In 2016 as a whole they donated $7.3 billion in contributions. And over the Christmas period, 8 million PayPal users in 181 countries contributed $971,213,604 to 282,053 charities. What a total. That’s an […]

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BHIM app to make India the first cashless society

bhim

Here in the UK when we speak of India we may look upon them as a country which is not as highly developed as the UK. That could be a mistake however, in a country renowned for their technical know-how (tons of computer programming is outsourced to India), they could also become the first truly […]

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Google is gunning for digital payments in India

india

India is increasingly looking like the most important frontier for ecommerce and digital payments in the world right now. Amazon is investing heavily and Google too is looking to the sub-continent for profits. Google is going great guns on payments in India. There are more than a billion people there, after all. Google India CEO […]

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Apple scraps German Bank Transfer payments

bank-transfer

Germans love bank transfers as a method of payment, It’s almost compulsory to offer bank transfer as a payment option if you’re serious about trading in Germany but Apple are bucking the trend and just dumped it. To understand the German love affair with bank transfer you have to go back to the dawn of […]

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10% off iTunes Gift Cards when you pay with PayPal

itunes

Here’s one for people who haven’t been organised enough (like me) to buy all their Christmas gifts yet and are considering a gift card for a loved one. If you pay by PayPal for a £50 or £100 iTunes gift card then you get 10% off under a current promo. Find out more here. The […]

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PayPal working to correct refund glitch

PayPal Bug

PayPal are working to finally correct all of the refund errors that arose from three week glitch which occurred at the end of October through to the beginning of November. In an email they say: “We want to let you know we experienced a technical issue because of which some of your customers’ refunds were […]

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