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July 3, 2019
On the wires
Adyen Announces Support for Interac® Debit Via Apple Pay and Google Pay
“Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants. In addition, Adyen will be expanding its partnership with foodora Canada, an on-demand food-delivery service. This allows the company to accept Interac Debit payments through digital wallets, including Apple Pay and Google Pay. The news comes on the heels of Adyen’s launch in Canada in 2018, showcasing continued growth in the market.”
October 10, 2018
On the wires
Gap Inc. Selects Adyen As Payments Partner
“Adyen’s payment technology will be rolled out in over 150 stores across four countries – UK, France, Italy and Ireland – and will enable Gap Inc. to provide a consistent experience across different markets. The online business for both Gap and Banana Republic will also use the payments platform, offering a unified experience across online and in-store.”
August 16, 2018
On the web
With Fast-Growing Fintechs Taking a Toll, Banks Will Soon Claim Less Than 50% of Payments Revenue
Digital Transactions News
“In 2017, U.S. banks’ total payments revenue netted out to $163 billion, with nonbanks claiming revenue of $136 billion, according to the research released recently by Accenture Payments. That already meant nonbanks ranging from the likes of Apple Pay, PayPal, and Square to less well-known players claimed a 45% share of revenue last year.”
July 24, 2018
On the web
UK Payments Regulator To Probe Card Acquiring Market
Finextra
“The PSR says the review will explore whether the supply of card-acquiring services is competitive and works in the interests of merchants, and ultimately consumers. In particular, it will address concerns that acquirers are holding on to the savings they made from EU-imposed IFR interchange fee caps, which could indicate that some merchants – especially smaller merchants – are suffering “significant harm” because competition in the supply of card-acquiring services is not working well.”
May 1, 2018
On the web
A Walmart Win And Burgeoning ISV Transactions Buoy First Data’s Expectations
Digital Transactions News
“Processing giant First Data Corp. said on Monday Walmart Inc. has added Star signature debit acceptance to its roster of payment options. The company also noted that its integrated payments business continues to grow. Both observations came during the Atlanta-based company’s first-quarter earnings call with equity analysts.”
March 28, 2018
Top Post
Braintree launches Extend to integrate loyalty, fraud prevention and other services into payments
TechCrunch
“Braintree, the division of PayPal that provides payment services to e-commerce and other online businesses, is making its latest move to help raise its game against competitors like Stripe. It is launching a new solution called Extend, a set of tools to integrate Braintree payments more closely and easily with other services that online companies are using alongside basic transactions.”
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