News

B2B Payments
Happay Adds Invoice Processing Tool to Spend Management Platform
October 31, 2022

Indian corporate spend management company Happay has launched an invoice processing tool and vendor payment module that enables direct B2B transfers through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS). Happay Invoice caters to non-card-based spending and is backed by an unsecured credit...

Delivery
Restaurants Outpace Aggregators 2-to-1 in Online Ordering
October 31, 2022

In the battle for digital orders, restaurants are way ahead of third-party aggregators. By the Numbers Research from this month’s edition of PYMNTS’ Restaurant Digital Divide report, “The 2022 Restaurant Digital Divide: Restaurant Apps And Websites In The Spotlight,” which draws from a census-balanced survey of nearly...

Payment Methods
Why Universal ‘Pay Anybody’ Is Coming and Will Change Everything
October 31, 2022

Ubiquity and choice are the digital promised land. How we get there from here will be a matter of securely opening the payments ecosystem to both while simplifying the field of players that’s gotten too complex. That, at least, is the opinion of Ingo Money...

B2B Payments
B2B’s OnlineCheckWriter Launches Credit Card Processing
October 30, 2022

B2B payments company OnlineCheckWriter.com has released a credit card payment facility for businesses, letting them pay any payee, even ones that don’t take credit cards. As the Texas company said in a news release Sunday (Oct. 30), small businesses traditionally relied on time-consuming payment methods,...

Investments
Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
October 30, 2022

Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so when one of them indicates an interest in capitalizing on the weak pound to snap up U.K. tech companies, it...

Retail
Amazon Versus Walmart Study Shows Who’s Winning Consumer Retail Spend
October 28, 2022

Retail behemoths Amazon and Walmart have become the two fiercest competitors for consumers’ retail spending. While the proliferation of mobile devices, apps and payment technologies makes online shopping ever more efficient, physical shopping seems increasingly friction-filled. As consumers seek more convenience, shopping has become a...

Payment Methods
This Week in Payments: Money20/20 Attendees Talk of Industry Trends
October 28, 2022

The news in the payments world this week was all about Amazon, Money20/20 and the topics discussed at that global FinTech event in Las Vegas: “embedded everything,” compliance, fraud and access to capital. Treasury Prime Co-founder and CEO Chris Dean joined PYMNTS’ Karen Webster to discuss these topics in the...

Delivery
From TVs to Machetes, Food Aggregators Break out of Their Mold
October 28, 2022

DoorDash announced Friday (Oct. 28) a partnership with home improvement and farm supplies retailer Tractor Supply Company, offering delivery from nearly 2,000 of the latter’s stores. The move marks the aggregator’s first foray into the category and shows DoorDash expanding well beyond food delivery or...

Investments
Indian B2B Marketplace Udaan Raises $120M
October 28, 2022

Indian B2B marketplace Udaan has reportedly raised $120 million and aims to go public in 12 to 18 months.  This round brings the total amount of capital raised by Udaan to $350 million, Deal Street Asia reported Friday (Oct. 28), citing an internal memo by...