In today’s top payments news around the world, sports star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), while Amazon India has launched a method for clients to pay their credit card bills through Amazon Pay. Plus, cyberthieves posing as Singapore government entities and universities reportedly stole almost $750,000 worth of items.
Sports celebrity David Beckham’s upstart Guild Esports has been listed on the Lon don Stock Exchange (LSE) three months following its global rollout. The United Kingdom-based firm is reportedly the first esports company to go public on the LSE. It notched 20 million pounds ($26 million) via its initial public offering. Beckham, who is a co-owner of the Inter Miami CF Major League Soccer team, owns almost 5 percent of the Guild.
Amazon India has rolled out a method for clients to pay their credit card bills via Amazon Pay. The features lets payments be made for a credit card bill through online banking or UPI. “As part of our commitment to our customers, we are constantly innovating and creating new experiences to make digital payments seamless across a variety of use cases,” an Amazon spokesperson said in a statement to Entrackr.
Cyberthieves purporting to be Singapore government entities and institutions of higher education reportedly stole nearly $750,000 worth of merchandise after deceiving firms into providing them. Local media reported that authorities received approximately 11 reports of purchase order (PO) scams as of August. A fake PO was delivered to the selling company after it agreed to send the products. However, a payment did not occur.
The chief operating officer for Airbus said the outlook for the aviation space is grim as coronavirus infections increase and travel limitations resume. Michael Schoellhorn, an executive for the Netherlands-based plane manufacturer, said air travel is at a small percentage of typical levels and air carriers have slowed deliveries of new airplanes.