Payments News

iwoca expand to offer SME finance in Germany


iwoca is expanding its European footprint with a launch into the German lending market. The SME lending provider now offers flexible access to credit to European businesses in the UK, Poland, Spain and Germany. With thousands of small businesses rejected for finance by banks every day, the demand for alternative providers is growing across Europe. […]

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PayPal User Agreement updates effective July

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PayPal are updating their User Agreement, Acceptable Use Policy, and Privacy Policy to reflect the fact that they’ll soon no longer belong to the eBay family of companies, but instead will operate as an unrelated organisation known as PayPal Holdings Inc. They say “However, eBay and PayPal will continue to partner together to provide and […]

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BattleHack London takes place next weekend


BattleHack London is fast approaching and this year’s event takes place between 25-26th April at Tobacco Dock. Now in its third year, BattleHack London is part of the BattleHack global series designed to promote ‘hacking for good’ and winners from London will go forward to the World Finals in Silicon Valley with a chance to […]

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PayPal completes Paydiant acquisition

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PayPal has completed its acquisition of white-label, cloud mobile wallet platform for retailers, banks and payment processors for a rumoured $280 million. By integrating the Paydiant platform with PayPal will provide opportunities related to mobile wallet and mobile apps. And the MCX brand may have a future too, offering PayPal an entrance into retail. Bill […]

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eBay guarantee PayPal 80% of post split payments

eBay PayPal Split sm

eBay have filed an amended registration statement regarding PayPal Holdings, Inc, setting out more terms of the pending divorce of the two companies. eBay/PayPal performance fines One of the most notable clauses is what happens if the continued use of PayPal as a payment service on eBay rises or falls. The answer is restitution of […]

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myPINpad brings the same security as Chip and PIN to online retail


If you’re anything like me you detest 3D Secure checkouts on mobile sites – having a Barclay’s debit card the incarnation I’m often faced with is Verified by Visa and it’s awful. Mastercard SecureCode is just as bad from a consumer perspective. What’s wrong with 3D Secure? It shouldn’t be that hard, apart from the […]

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Is the weak Euro lowering your profits?


Speaking to Deepak Goyal of Currencies Direct at IRX today, he highlighted how the weakness of the Euro is negatively impacting retailers. The euro has dropped by over 10% against the dollar and by around 7% against Sterling. Online retailers are being squeezed on both sides, as imports from the US and China become more […]

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£40m for UK businesses from EIF and Ezbob

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The European Investment Fund (EIF) and Ezbob have signed the first loan guarantee agreement in the UK under the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME). This is the first agreement with an online SME lender under COSME and will allow Ezbob to substantially increase their loan volumes to […]

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Get £20 off your SumUp handset


Mobile payments handset provider SumUp is currently offering 20 quid off the usual £59 fee if you use this promo discount code: ‘SUMUP20UK’ If you don’t know SumUp, here’s a bit of blurb: “With SumUp, merchants can accept credit and debit cards, using their smartphones or tablets, in a simple, secure and cost-effective way. SumUp […]

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PPRO power alternate payments for AliExpress,

The PPRO Group will collaborate in Europe with Alipay to offer new payment options for online shoppers of AliExpress. On AliExpress, Alipay provides secure, trustworthy and convenient online and mobile payment services. The PPRO Group will now manage payments using credit or debit card alternatives for AliExpress shoppers in Europe. The phased rollout, which commenced […]

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