Digital Transactions Authoritative, insightful and timely information for payments professionals
- Apple Inc.’s App Store and the Google Play store will have to open their payments services to competing providers for in-app purchases in South Korea if a recently passed bill becomes law, reported The Wall Street Journal, which also said the president’s party endorsed the legislation. Apple, in particular, has been the center of recent efforts to open its payment network. Earlier this month, Apple reached a settlement that will permit developers in its App Store to tell customers by email that that can pay for products and services by means other than Apple’s own payment platform.
- Payments provider Payscout LLC announced an integration of its Paywire payments gateway with credit and debit collection software vendor Collect!
- Payments provider Klarna AB said it is making its payment services available to all merchants using e-commerce platform Global-e Online Ltd. to sell internationally to consumers in the United States, United Kingdom, France, Spain, Italy, and Australia.
- Payments provider Adyen NV introduced Score, a service that relies on machine learning to identify potentially fraudulent behavior on commerce platforms. The GoFundMe fundraising platform is one of the first to adopt the technology.
- E-commerce payments-technology provider Digital River Inc. said it is supporting buy now, pay later payments programs for PayPal in the United Kingdom, Australia, and France, and for Klarna in Belgium, Italy, Spain, and Switzerland.
- Encryption-technology developer Evervault, founded in 2019, announced it has achieved compliance with the Payment Card Industry data-security standard (PCI-DSS).
- In related news, Quisitive Technology Solutions Inc. said its LedgerPay service has achieved PCI-DSS certification.
- Passport Labs Inc. said the University of Maryland at Baltimore County will uses its Passport Parking app this academic year.
- Organic Payment Gateways, which specializes in high-risk merchants, launched a program for CBD and nutritional supplement makers and warehouses wanting to integrate payment processing for business-to-business clients.
Related Articles
Check Also
Capchase Teams Up With Stripe to Offer B2B BNPL In The U.S.
Capchase, a financing platform that funds software-as-a-service companies based on future recurring revenue, announced early Wednesday …