When you hear about digital payments in India, you often hear about leading payment facilitator Paytm. But Paytm is not the only PF bringing electronic payments to businesses in India.
Wirecard expands services for its European merchants to appeal to Chinese tourists and more payments industry acquisitions have been completed, in this week’s roundup of payments news.
When you hear about digital payments in India, you often hear about leading payment facilitator Paytm. But Paytm is not the only PF bringing electronic payments to businesses in India.
When you hear about digital payments in India, you often hear about leading payment facilitator Paytm. But Paytm is not the only PF bringing electronic payments to businesses in India.
As the payment facilitator model evolves, the card networks are increasingly embracing it as a driver of merchant acceptance globally. A recent rule change from Visa further affirms that PFs are in a solid position.
The advent of frictionless underwriting turned the payments world on its head. The ability to onboard merchants quickly with a minimum of fuss has enabled small merchants to accept payments more easily, clearing the way for many more to enter the market.
But the practice does have its downside. Lowering barriers to entry into the payments system lowers them for everyone, not just the good guys. With that in mind, PaymentFacilitator.com is beginning a series on the perils and the benefits of frictionless underwriting.
As a new company, Square stepped out of the traditional mold to change the way the payments...
Visa and Klarna announced on Tuesday that the card network plans to invest in the Stockholm-based company.
The move comes at a time when Klarna – which has 60 million consumer and 70,000 retailer customers – has said it is looking to expand its product offerings and challenge the financial services status quo on a larger scale.
Mastercard announced a new smartphone payment acceptance pilot in Poland on Wednesday. The...
Payment facilitators have many tools at their disposal to help them understand the risk of taking on a particular merchant’s business during underwriting. In many cases, though, the tools rely on information provided by the merchants themselves.
To validate that information merchants have provided, however, PFs have a vast resource for fishing out the true nature of the merchant’s business and the identities of the people involved.
The advent of frictionless underwriting turned the payments world on its head. The ability to onboard merchants quickly with a minimum of fuss has enabled small merchants to accept payments more easily, clearing the way for many more to enter the market.
But the practice does have its downside. Lowering barriers to entry into the payments system lowers them for everyone, not just the good guys. With that in mind, PaymentFacilitator.com is beginning a series on the perils and the benefits of frictionless underwriting.
When you hear about digital payments in India, you often hear about leading payment facilitator Paytm. But Paytm is not the only PF bringing electronic payments to businesses in India.
