Amazon backtracks Visa ban
Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.
Global e-commerce payment transactions to be with $7.5trn in 5 years
The value of global e-commerce payment transactions is expected to exceed $7.5trn by 2026, a study from Juniper Research claims.
FinTech giant Checkout.com closes colossal $1bn Series D
European payments solution provider Checkout.com has reached a $40bn valuation, after it closed a colossal $1bn in its Series D.The valuation has more than...
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.
What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
PayTech CellPoint bags $25m to fuel international expansion
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
Judopay taps Mastercard to help bolster its Click to Pay solution
Mobile payments provider Judopay has teamed with Mastercard to help strengthen the latter’s Click to Pay product.
Bank of Indonesia unveils new retail payments system
The Bank of Indonesia has launched a new retail payments system to help cut the cost of money transfers and support the growth of the digital economy.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.
PayTech Papaya squeezes $50m from Series B to continue expansion
Mobile bill payment application Papaya has raised $50m from a Series B funding round headed by Bessemer Venture Partners.