payments - Global E-commerceFacts

Alibaba’s Ant Financial demonstrates VR Pay

Virtual reality is growing in popularity, so it’s not too surprising it’s making its way into payments, with Alibaba Group’s finance arm, Ant Financial, demonstrating a payment service that lets shoppers pay for things by nodding their heads.

Published by: PYMNTS.com
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Alipay sets its sights on Europe

In its biggest push out of Asia yet, Alipay — the payment app run by Alibaba's affiliate Ant Financial — will launch in Europe this summer.

Android Pay launches ‘down under’

Google has launched its digital wallet service Android Pay in Australia, supporting many more banks than its competitors Apple Pay and Samsung Pay.

Apple Pay expands further across Asia and Europe

Hidden amidst Wednesday’s highly hyped iPhone and Apple Watch product announcements, Apple also announced plans for Apple Pay’s expansion into three new countries this fall.

Apple Pay gets off to a fast start in China

China became the 5th country where consumers can use smartphones to pay with Apple Pay, and Chinese shoppers quickly embraced the Apple Inc. payment system.

Apple Pay service arrives in Russia

Nearly a month after Apple’s SVP of Worldwide Marketing, Phil Schiller spoke of plans to expand its mobile payment service further across Europe and Asia, Apple Pay finally arrives in Russia.

Etsy adds Adyen as a new payment processor

Etsy, the online marketplace for handmade goods, has just reached a deal with Adyen, a global payments processor, to help run its payments backend for the over 1.7 million sellers on the site.

Published by: TechCrunch
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Look out Paypal, ApplePay comes to the web

Consumers will now be able to pay for their online goodies through the Safari browser running on their fingerprint-enabled iPhones or Apple Watches.

MasterCard previews the future of payments

MasterCard offers a preview of future payment options with virtual and augmented reality commerce experiences and payment enabled wearables at the Arnold Palmer Invitational (API) in Orlando, FL.

PayPal dives into buy buttons

PayPal has launched a closed beta of its newest product, PayPal Commerce, which helps merchants integrate buy buttons into social media, emails, blogs and more.

Payworks rebrands with a Pulse

German payments technology services company rebrands to bring a future vision to point-of-sale payments transactions.

PYMNTS’ 2016 Roundup: Retail Edition

There’s no doubt about it. This year has been big for retail — big on change, innovation and some surprises along the way. EMV changed the payments game in the U.S. Consumers flocked to online and mobile commerce, robots rose in food and consumer goods, and brick-and-mortar stayed relevant with retail experimentation — pop–ups, flash sales, store-in-store and showrooms.

Published by: Pymnts.com
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Thwarting fraud in the complex IoT age

With fraud expected to hit $7.2 billion by 2020, companies — particularly eCommerce retailers — are considering mobile and online innovations in payments and IoT security technology to help thwart cyberattacks.

Published by: Pymnts.com
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Use of mobile payments triples across Europe

A recent study reveals European consumers increasingly turn to their smartphones, tablets or wearable devices for the purchase of goods and services.

Vesta: Ghosts in the (payments) machine

Quick. As you sit in a stupor from eating your kids’ Halloween candy last night at 3 a.m., name the five-letter word that scares the payments industry all the way from the POS to the very back end of the back-end office.

Nope, not ghost. Not Apple. Fraud.

Published by: PYMNTS
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Visa partnership strengthens Paypal’s O2O position

In an online to offline (O2O) play, the online-payment provider strikes a deal with Visa that gives consumers the option to use Paypal digital wallet payments at physical retail locations that facilitate contactless payment transactions.

Why Mastercard thinks decision intelligence could be a commerce game-changer

False declines cost merchants plenty: billions in lost sales and even more in broken consumer relationships. That commerce-killer is what inspired Mastercard to create its new Decision Intelligence platform, which launches today with a promise to turn false declines into a thing of the past for the payments ecosystem.

Published by: PYMNTS
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Why mobile payments are taking off in china

When it comes to mobile payments adoption, Chinese consumers are taking the lead. And, that says Sy Choudhury, senior director of product management for Qualcomm, can teach the world a lot about how to use mPOS technology to get a mobile leg up.

Published by: Pymnts
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