“North American online shoppers expect free shipping, as well as free returns. And, if a merchant’s return policies are not lenient enough, many will head to another merchant’s site or app. A majority (51.0%) of U.S. online shoppers and nearly as many Canadians (49.3%) avoid buying from online retailers who do not offer free returns, according […]
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Billtrust Invoicing Now Supports Over 100 Accounts Payable Portals
“Billtrust , the leader in B2B order-to-cash solutions, has announced that its systems now integrate with over 100 leading accounts payable (A/P) portals to automatically deliver invoices, enabling accounts receivables (A/R) professionals to avoid the labor and expense of manually keying invoice data. As many suppliers are aware, the recent proliferation of online A/P portals […]
Modern Treasury Passes $100 Million in Reconciled Volume in August, Growing at 25% Monthly
“Today, Modern Treasury, a payment operations software provider, announced that customers have reconciled over $100 million using the Modern Treasury platform in the month of August. Its treasury management and payment operations platform serves finance and engineering teams across industries including real estate, health care, financial services, and marketplaces. Reconciled dollar volume continues to grow […]
Warburg-Backed Vietnam E-Wallet Raises $100 Million
“Vietnam’s startup payment app MoMo has raised a new funding round of more than $100 million, according to two people familiar with the investment. The company, M-Service JSC, creator of MoMo, confirmed that it raised money from investors without specifying how much.”
Mastercard to Invest $100 Million in Airtel Africa’s Mobile Money Unit
“Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said on Thursday. Mastercard will hold a minority stake in Airtel Mobile Commerce, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25% stake in the […]
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