Digital Transactions Authoritative, insightful and timely information for payments professionals
- E-commerce leader Amazon.com Inc. said the 2019 holiday shopping season was a record-breaker for the company, with “billions of items ordered,” including “tens of millions” of Amazon devices. The company didn’t disclose payment volumes.
- Following a 79% collapse last year, the cryptocurrency market rebounded in 2019 to a total value of $192.3 billion, up 58%, according to data service Coinmarketcap.com. However, that growth came on a 240% increase in the number of coins and tokens, to 4,967.
- Fast-rising e-commerce volumes in 2020 will most benefit the stocks of Global Payments Inc., Mastercard Inc., prepaid card program manager PaySign Inc., and Visa Inc., according to equity-market researcher Zacks.
- The Saudi payments company HyperPay closed what it called “an 8-digit investment round” led by Mad’a Investment Company. The company was founded in 2014.
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