PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

 

India’s Digital Drive 

What’s trending in India’s digital payments landscape? The last year has seen an uptick in the move towards digital and India’s payments playground is a popular domain for digital innovation. As demonetization continues thedrive towards cashless, five top trends are expected to enhance the digital momentum, including UPI, QR codes, and zero transaction fees. From Livemint.

 

Enhancements and Innovations

NETS launches its own selfie movement. The Singapore-based cashless payments provider has launched NETSBiz – a new app that will allow merchants to self-generate their own QR codes on their personal smartphones. From e27.

 

A Powerful Partnership

PayPal and Shopify take their relationship to the next level. In an effort to enhance their support efforts in India’s thriving economy, PayPal is now available as a preferred payment option for Shopify merchants looking to consolidate and simplify their domestic and international commerce. From Business Standard.

 

Industry News: 

EverCompliant Launches Solution Addressing Major KYC Gaps Often Overlooked by Financial Institutions

UnionPay QR Code Payment Service to be Launched in Eurasia for the First Time with Card Issuance Upsoaring

Cubic Signs $394 Million Contract to Revolutionize San Francisco Bay Area Fare Payment

Shopify Announces up to $500 Million Investment in Toronto to Accommodate Rapid Growth

InstaMed – DocuTAP Partnership Improves the Patient and Provider Experience for Urgent Care Centers Across the US