Payments News
35% of shoppers more likely to buy online with interest-free monthly installments
35% of consumers will be more likely to make a purchase online if offered the ability to pay in interest-free monthly installment payments, according to a survey by Splitit. Even more notable, 47% of online shoppers surveyed claimed that a payment solution offering zero interest
Venmo adds 1% fee for withdrawing your cash fast
Venmo, the US based money transfer service owned by PayPal, announced on Friday that they would start charging 1% fees for Instant Transfers to your bank account. The new fees will apply from the 6th of November with a $0.25 minimum charge. A 1% of
eBay ups the ante on eBay Managed Payments
eBay has published a story on its corporate blog that talks up the desirability of opting into the new eBay managed payments system powered by Adyen. As we've written frequently of late, eBay is testing the managed payments scheme with a cohort of opt-in sellers
Walmart to offer PayPal cash in and cash out service
Walmart and PayPal are teaming up to provide financial services and products. And as part of this collaboration, the two companies will begin rolling out PayPal cash in and cash out money services at Walmart for a fee of $3 per service in the United States.
CANCAN and WorldFirst rollout Alipay and WeChat payments across Europe
CANCAN together with WorldFirst have announced the launch of a payments and marketing platform that enables the two most popular Chinese payments methods – Alipay and WeChat Pay – across Europe and around the world. CANCAN’s platform handles and facilitate promotions and payments instore, in-app and
Klarna and Mollie partner to increase payments choice in Europe
The payment system Klarna is now available across the board to every single member of the Mollie user base. That's 55k SME and enterprise merchants in the Netherlands, Germany, Austria and Finland. The deal increases the payment system's reach further into the growing Nordic region. They say
Square payments launches Square Installments for larger purchases
Payments processor Square has announced the launch of Square Installments, providing merchants with a service for increasing sales that has traditionally only been available to larger businesses. The new payment method gives their customers the freedom to pay for a large purchase by splitting it
iwoca’s 7th birthday celebrates a year of expansion and profitability
Back in 2011 I first met Christoph Rieche who outlined his idea for a company offering loans to small businesses. Fresh from a career at Goldman Sachs, Christoph didn't even have an office but launched the business that Autumn and began providing loans. Taking the
eBay roll out Apple Pay on eBay Managed Payments
eBay have confirmed that for the first time ever, buyers can use Apple Pay on eBay to pay for purchases. eBay have also revealed that they are allowing a few sellers to opt back out of eBay Managed Payments after saying that no opt out