Payments News

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By Chris Dawson December 2, 2021 - 8:00 am

New iwoca merchant cash advance revenue based loan facility

iwoca, one of Europe’s largest small business lenders, has today announced the expansion of its merchant cash advance product to all small businesses accepting card payments in the UK. The merchant cash advance will enable small businesses to repay their loan based on their sales

Klarna launches ‘Pay Now’ option and Klarna Card in U.S.

Klarna have announced the addition of ‘Pay Now’ to its range of payment services in the US. This will enable consumers to pay immediately and in full at any online retailer where Klarna is available, with the same seamless payment experience whether they choose to

Fruugo VAT notification impacts past and future transactions

A Fruugo VAT notification sent to merchants warns of some VAT billing changes which might result in an additional amount of VAT due on past and future invoices. For sellers who are VAT registered on standard VAT schemes this should be merely an accounting exercise

Amazon stops accepting UK issued Visa credit cards

According to reports, Amazon say that they will no longer accept payment from UK issued Visa Credit cards from January 19th 2022 in a move that could push Visa to lower their fees for the platform. The decision to stop accepting Visa credit cards and

Venmo at Checkout coming to

Amazon have announced a partnership with Paypal that means more than 80 million users in the U.S. will be able to pay with Venmo at checkout using funding methods that include their linked bank account and Venmo balance. Venmo, owned by PayPal, is a mobile digital

Mirakl acquire Octobat to power cross border transactions

Mirakl have announced the acquisition of Octobat, a French startup specialising in invoice compliance for enterprises throughout the world. The acquisition – the company’s first – will make it easier for Mirakl marketplace operators to manage local and global regulations as they expand and operate

Klarna Ireland launches today

Klarna Ireland officially launches today, giving Irish consumers the ability to shop online and split their purchases into three interest-free equal payments (‘Pay in 3’) through both the Klarna app and directly via integrated partner retailers. The Klarna Irelandlaunch of an interest-free and fee-free alternative

Avalara Inspire Virtual 2021 Summit: Key Takeaways

Last week, Avalara welcomed over 3000 attendees to their Inspire Virtual event - a packed two-day series of sessions bringing together retail heavyweights and leading industry voices to discuss the opportunities and challenges facing sellers looking to tap into the global commerce market. If you missed

Klarna partners with Wix to bring payment solutions to sellers

Klarna have announced a strategic partnership with Wix, a global SaaS platform to create, manage and grow an online presence. Together, the companies will bring flexible, convenient payment options to Wix eCommerce merchants across the US, UK, AUS, NZ, DE, AT, CH, SE, NO, FI,