Much of the news over the past week has focused on enabling merchants to be everywhere. Several companies, including Wirecard and iZettle, have launched products to allow selling across borders using preferred local payments methods or unifying the consumer experience across mobile, e-commerce and the physical point of sale.
We also have news from Mastercard and an acquisition for Blackbaud in this week’s roundup.
Mastercard announced the summer class joining its Start Path program, a group of global fintech and tech startups that the company is supporting with expert mentors as well as connections to Mastercard customers and partners.
Among the companies chosen to participate is ftcash, a tech company that provides micromerchants and entrepreneurs with payment options including credit and debit cards, mobile wallets and messaging apps. It also gives them access to capital through collateral-free loans.
Mastercard also announced that it has made several new APIs available to developers. They include enabling cashless payments through Masterpass QR, card spending alerts and controls, mobile ordering through Qkr! with Masterpass, and chatbot payments.
Non-profit cloud software provider Blackbaud announced its plans to acquire JustGiving, a U.K.-based charity crowdfunding platform. The acquisition will expand Blackbaud’s ability to support peer-to-peer fundraising, and strengthens its position in the U.K.
London-based PF SumUp has launched a new omnichannel payments suite. The new functionalities include a virtual terminal that allows merchants to accept payments on their computers, an SMS payment tool through which merchants can send customers a link to an online form, and an ecommerce API that enables merchants to accept one-time and recurring card payments online. The suite is available in 16 markets.
Stockholm-based PF iZettle is enabling its users to register mobile payments and send invoices through its mobile app. The available payment methods will include the British Pay By Bank app, Swedish Swish, Norwegian Vipps and MobilePay in Denmark, Finland and Norway.
Payment facilitator BlueSnap is helping enable cross-border commerce for its merchant clients. The company said it has added SEPA Direct Debit to the European payment options available in its platform. According to BlueSnap, nearly half of shoppers in Europe prefer SEPA, which is particularly popular in Germany, France, Spain, the Netherlands, and Italy.
Copenhagen-based PF PayU announced the launch of its PayU Hub platform, which uses a single API integration to enable cross-border e-commerce for its merchant clients.
Munich-based payment facilitator Wirecard is launching what it’s calling its Omnichannel ePOS Suite, an integrated solution that provides users with detailed insights based on payments data. The analysis provided by the solution supports increasing sales, reducing churn, and predicting future consumer behavior.