eCommerceNews Asia - Technology news for digital commerce decision-makers

Payment Gateways stories - Page 16

Crucial to the operation of everything from Amazon.com and every other ecommerce site, right down to your local dairy, a Payment gateway is a service authorizing payments between buyers and sellers. In some cases, the Payment Gateway brokers the transaction between a card holder’s financial services provider (by reading their card information) and the seller of goods (the merchant), facilitating the transfer of customer information to allow for processing a payment. For online services, cards are not required, though the numbers often are. Payment Gateways are available from a wide variety of providers, prominent among them Google Wallet, PayPal, Apple Pay and Amazon Pay.
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Adobe to launch eCommerce Payment Services feature powered by PayPal
Tue, 21st Sep 2021
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Adobe Commerce is set to launch a new Payment Services feature that will allow merchants to offer an Adobe-based payment solution.
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PPRO integrates Indonesian payment methods Jenius Pay and LinkAja into platform
Tue, 14th Sep 2021
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payment technologies
PPRO integrates with Jenius Pay and LinkAja to offer more payment options to Indonesian retailers, boosting sales in the market.
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Shopify survey: What 'going shopping' means to Australian consumers
Tue, 14th Sep 2021
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According to Shopify APAC managing director Shaun Broughton, Australians haven’t quite broadened their definition of what a store is.
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Ukheshe and dzcard broaden digital payment solutions for APAC
Tue, 31st Aug 2021
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South African fintech firm Ukheshe Technologies is partnering with dzcard to expand its reach into the Asia Pacific region.
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mx51 to use Snowflake for analytics and customer service
Thu, 19th Aug 2021
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crm
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data analytics
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Snowflake has been chosen by mx51 to enhance its analytics and customer service for its merchant payment platform.
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Cirralto teams up with Mastercard and Fresh Supply Co to help Aussie farmers
Mon, 9th Aug 2021
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blockchain
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Cirralto joins forces with Mastercard and Fresh Supply Co to improve cash flow for Australian farmers through blockchain-based trade finance.
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Square to acquire Afterpay for approximately AUD$40 billion
Tue, 3rd Aug 2021
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martech
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supply chain & logistics
Square to acquire Australian buy now, pay later firm Afterpay in a $29bn deal aimed at delivering more compelling financial products and services.
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Mastercard’s new Start Path program supports digital assets, blockchain and cryptocurrency startups
Fri, 30th Jul 2021
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cryptocurrency
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blockchain
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Mastercard has announced its latest Start Path global start-up engagement program supporting digital assets, blockchain and cryptocurrency companies.
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Failed payments costing Asia Pacific organisations more than $41b every year - Accuity report
Wed, 21st Jul 2021
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payment technologies
Failed payments are costing the global economy over US$118.5 billion, with organisations losing customers as a result.
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$118.5 billion lost in fees due to failed payments in 2020
Wed, 14th Jul 2021
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fintech
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Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.
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Confidence remains low amongst New Zealand business
Wed, 14th Jul 2021
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martech
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payment technologies
In spite of this low morale, 41% of New Zealand small business owners are planning on starting a new business in 2021.
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Shopify unveils major platform investments and upgrades
Tue, 6th Jul 2021
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martech
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payment technologies
Shopify announces its largest ever platform investments, including upgrades to its Liquid platform and new developer features.
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WeChat Pay sizes up Oceania merchants to boost growth opportunities
Mon, 21st Jun 2021
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payment technologies
The company says it will commit more resources to help business in Australia and New Zealand transform their businesses.
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Australia Post expands payments partnership with Western Union
Thu, 17th Jun 2021
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martech
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payment technologies
According to Australia Post, it is the fifth postal organisation worldwide to integrate Western Union’s digital money transfer services.
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Baymard Institute identifies trends to reduce shopping cart abandonment rates
Tue, 8th Jun 2021
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martech
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payment technologies
Baymard Institute reveals trends to reduce shopping cart abandonment rates in eCommerce, including frictionless transactions and prioritizing mobile experience.
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Financial services company completes funding round, launches to SMBs
Wed, 2nd Jun 2021
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fintech
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Paytron, a financial services business, has raised $4.35 million in seed funding to help SMBs manage their finances more effectively.
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Traditional banks under pressure to rise to fintech competition
Tue, 1st Jun 2021
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fintech
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Traditional banks are investing in digital-only subsidiaries as fintech firms become more profitable, according to the World FinTech Report 2021.
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Forter doubles revenue in 12 months, raising $300 million for a $3 billion valuation
Fri, 28th May 2021
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martech
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payment technologies
Forter, the eCommerce fraud prevention company, has raised $300m in funding, doubling its revenue and reaching a $3bn valuation.
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Google Cloud and Shopify expand partnership
Fri, 28th May 2021
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hyperscale
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public cloud
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martech
Shopify's merchants will now have access to Google Cloud’s data processing and storage technology ‘across a broader set of regions’.
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Payment security vital as digital commerce resets in post-pandemic world
Thu, 27th May 2021
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martech
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supply chain & logistics
Visa has stressed the importance of robust payment security in a changing commerce environment post-pandemic, as fraud migrates to digital commerce.