The big trend in payments is to move away from in-house payments processing systems to SaaS-based platforms that are easy to deploy, configure and enable new capabilities. What’s driving this trend, says i2c CMO Marc Winitz, is the need for both the control and flexibility...
Social shopping platform Fancy said it has closed a new financing round that’s reportedly worth as much as $20 million, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite its current problems with slow adoption of online retail, a new retail survey in India predicts that by 2019, e-commerce will pass physical store sales by 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.K.-based international payments firm Tuxedo Money Solutions announced in a Feb. 9 press release that it would be partnering up with Dubai-based Global Processing Solutions FZ in a global payment program partnership. The main focus of this partnership is to expand the Tuxedo brand to...
The merchant checklist for taking on global commerce in many ways might appear never-ending. There are multiple languages, currencies, payment methods, regulations, compliance issues, the build versus buy discussion and much more that must be considered in the process. And in Europe specifically, simply signing...
Cloud platform mobile payments and retail engagement solutions provider Mozido announced today that it has acquired PayEase Corp., a Delaware technology and payments company. The acquisition will allow Mozido to introduce its products and solutions to China, and gain a cross-border payments gateway that "makes...
It may still be more than a week until Chinese New Year on Feb. 19, but China’s online war of the Red Envelopes is already well underway, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
German startup investment company Rocket Internet has added to its galaxy of food delivery partners by investing a 30-percent stake in take-out aggregator Delivery Hero, worth 496 million euros, Bloomberg reports. The investment means that the Berlin-based food company is now valued at over $2 billion...
In an effort to nurture the budding online commerce community of South Korea, PayPal announced that on Feb. 12, it will have a website and call center in the Korean language, according to Korea Joongang Daily. Get the Full Story Complete the form to unlock this...
