PaymentFacilitator’sNews 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.

Big Brands Getting Bigger 

Square Online Store is back online. After acquiring website builder Weebly about a year ago, the global brand has relaunched the Square Online Store. Weebly founder David Rusenko (who now runs Square’s ecommerce efforts) talks about the store in this interview. Another outside-the-box move for Square, Square Online Store targets retailers looking to bridge the online/offline world with a more comprehensive offering. From Tearsheet.

Razorpay India launches payment pages targeting SMEs. Razorpay just announced the launch of Razorpay Payment Pages. Targeting India’s biggest business segment (small and medium-sized enterprises), the new product offers payment pages that can be created in less than 5 minutes and have the ability to go live without any customer support. Additional benefits include no hosting costs, maintenance charges or fixed fees. From ET Rise.

Digital Dynasty

Cashless ensures growth for India, Mastercard says. Cashless has become a buzzword among Indian locals and has significantly jumpstarted India’s economy with a momentum that shows no signs of slowing down. In fact, cashless acceptance has grown almost three times in less than three years – to the tune of more than 5 million acceptance locations at the end of last year alone, according to this article from an SVP at Mastercard. From Financial Express

Fraud Factor

India to surpass UK for fraud?That’s the forecast from research firm Gemini Advisory. They predict that India is likely to surpass the UK this year as the second-most targeted country for payment card fraud. More than 3.2 million Indian payment card records were compromised in 2018 and this year looks to top even that due largely to “inadequate defense against cyber-crime at financial institutions in the country.” From Reuters.

Industry News

Grab: Grab Introduces Four New Services in Singapore in its Super App

Payrix: Payrix Payments Technology Lands Funding Round Led by Blue Star Innovation Partners and Providence Strategic Growth

NCR: NCR Previews All-in-One Solution that Integrates Payments Processing, Helps SMBs Leverage Digital Commerce

USAT: USA Technologies Announces Expansion of Seed Markets Integration with Multiple Micro Market Providers

Wirecard: Wirecard and Softbank Intend to Form Large-Scale Strategic Partnership for Digital Payments

Payworks: Payworks Extends Partnership with Lightspeed Providing Integrated Payments to Merchants Across Belgium

Adyen: Adyen Expands Its US Retail Footprint, Announcing RH, Restoration Hardware, as New Omnichannel Customer

Invoice2go: Invoice2go Partners with Square Capital to Deliver Mobile Access to Business Loans, Helping Small Business Owners Grow

Visa: Visa Opens Door to Digital-First Payment Experiences Through Visa Next

TBI Bank: TBI Bank and PayU Launch a New Payment Method for Convenient Online Shopping