Payments News
PayPal launches fraud protection solution for merchants
PayPal have launched a new fraud protection solution, Fraud Protection Advanced which will help merchants identify, investigate, resolve and mitigate fraud in our increasingly complex digital landscape. "This past year saw an exponential growth and reliance on digital commerce as consumer behavior around the world
PayPal Launches Checkout with Crypto in US
Paypal have announced the launch of Checkout with Crypto, a new feature that will expand the utility of cryptocurrency. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with cryptocurrency holdings in the U.S. will be able
1 in 3 UK consumers open to new online payment methods
Research launched by American Express and YouGov has revealed that one third of Brits (33%) feel confident trying new online payment methods. Additionally, one in five (20%) report that the pandemic has made them more open to trying new forms of payment online, with the
Visa Interchange Fees set to hit purchases from EU merchants
It looks very much like buying anything from a merchant in an EU country could become more expensive for UK consumers - Visa are likely to jack up what are called 'Interchange fees' and Mastercard have already announced that their fees are going up in
Flutterwave and Paypal provide payment solution for African businesses
Flutterwave have announced a new partnership with PayPal that will allow African merchants to accept payments from anywhere in the world through Flutterwave’s platform. The collaboration will aid SMEs and freelancers in overcoming the many challenges presented by the highly fragmented and complex payment and
PayPal agree to acquire cryptocurrency startup Curv
PayPal have agreed to acquire Curv, a provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. The acquisition is what they describe as a move to aid their acceleration and expansion in initiatives to support cryptocurrencies and digital assets. The question
2nd eBay Low Cost Items promotion starts as 1st ends
eBay payments have been running a Low Cost Items promotion in the UK since August 2020 which expires on the 23rd of February next week. In good news for those that are invited, their is a new promotion starting on the 24th of February and
Virtual bank accounts usage limited by Amazon
Many Amazon sellers make use of virtual bank accounts when trading in overseas marketplaces. Merchants have two choices - accept payment in the consumer's local currency and allow Amazon to exchange the funds back into Sterling, or open a virtual bank account with a payment
Buy now, pay later regulations matter of urgency
Inside the recent report on change and innovation in the unsecured consumer credit market the FCA have stated that better regulations on buy now, pay later loans are a matter of urgency. The call for more regulations has been mentioned after buy now, pay later products
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