Digital Transactions Authoritative, insightful and timely information for payments professionals
- In an online question-and-answer session with sellers, eBay Inc. said its new Managed Payments platform will add PayPal as a payment option by next summer. The new platform relies on payments provider Adyen as a gateway to a variety of payments options.
- E-commerce processor Shopify Inc. reported an operating loss for its third quarter of $31.4 million on $270.1 million in revenue, compared to a loss of $12.7 million on revenue of $171 million for the same period last year. Gross payments volume reached $4.1 billion, compared to $2.4 billion in the year-ago period.
- Rambus Inc. and American Express Australia announced the Rambus Token Gateway will allow merchants, acquirers, and payments providers to connect to the American Express Token Service to tokenize card-on-file e-commerce transactions. This service represents the first off-the-shelf retail token gateway with AmEx embedded, Rambus said.
- Payments-gateway provider Computop launched version 7.0 of its Paygate product, which adds machine-learning capability for fraud prevention and point-of-sale support for Alipay and WeChat Pay.
- E-commerce platform BigCommerce released its “Omnichannel Buying Report,” which found 80% of nearly 3,000 consumers shopped at Amazon.com Inc. in the past six months, compared to 65% who made a purchase in a physical store.
- Point-of-sale equipment maker Star Micronics said it and MobileBytes, a POS software developer, now support each other’s products.
- Cross-border payments provider Flow opened its first European office in Dublin.
- The Accredited Standards Committee X9 Inc. formed new study groups on public key infrastructure and transport layer security technologies.
Related Articles
Check Also
Flywire Teams With Blackbaud to Enable Cross Border Tuition Payments in the U.S.
Flywire Corp., a specialist in payments for higher education, has partnered with Blackbaud Inc., a …