Payments News
Royal Mail share price dives as transformation behind schedule
The Royal Mail share price dived this morning when they unveiled bumper profits and increased revenues. There are several factors that contribute to this, an admission that they are behind on their transformation plan, a predicted decline in letter volume of between 7% and 9%,
Afterpay announce eBay Australia buy now pay later deal
Afterpay have announced a deal with eBay Australia to offer their services on the marketplace. Afterpay (trading in the UK under the Clearpay brand), offers the ability for consumers to buy now and pay later with interest-free instalment plans. The service caters to a shift in
Facebook Pay launches in the US
Facebook want you to entrust them with your money with their new Facebook Pay service which launched in the US today. Facebook Pay aims to provide you with a convenient, secure and consistent payment experience across Facebook, Messenger, Instagram and WhatsApp. More details available at
SellersFunding partners with PingPong Global to fund sellers looking to expand into the US
Data-driven alternative lending platform SellersFunding (we interviewed them here) recently partnered with innovative payments facilitator PingPong Global to deliver new solutions to online sellers that enable fast, frictionless cross-border payments. With this partnership, loans offered by SellersFunding will be backed by receivables originated in US
Users with eBay 2-step verification defaulted to old PayPal Security Key one time codes
A few users on eBay have hit a problem with eBay 2-step verification. Although they've selected authentication through the eBay app, in a few circumstances such as when trying to sign up to couriers through eBay Delivery by Pack Link they are being presented with
Etsy join BlackRock to help sellers build a ‘savings cushion’
Etsy have announced a partnership with an emergency saving service, BlackRock in an effort to understand Etsies financial changes, helping them build a saving cushion with the support of a goals-based financial app. The solution will debut in "early 2020" in the US through Etsy's
Know Cross-Border – Grow Cross-Border
Selling cross-border has never been easier, thanks to the proliferation of online shopping, trade agreements and delivery networks. However, with such a diverse mix of countries, languages and traditions there are still differences in the way people like to buy goods and services. The way
Hedge-it for Brexit
With some form of Brexit potentially on the horizon and even discussions of a deal introducing volatility to the pound, moneycorp's Trevor Charnley discusses how you can protect your profits when selling overseas. For instance, if you decide to locate a large inventory in the
New Zealand GST required for low-value goods from 1st December 2019
The New Zealand Government has passed into law new goods and services tax (GST) rules that apply from the 1st of December 2019. Overseas businesses that sell low-value goods to consumers in New Zealand may need to register for, collect and return GST of 15%.
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