Mastercard and Oracle Partner to make B2B Payments Easier
Mastercard and Oracle have announced a new partnership to help enterprise customers automate end-to-end business-to-business (B2B) payment transactions. The partnership will allow Oracle to directly connect Oracle Fusion Cloud Enterprise Resource Planning (ERP) with banks to streamline and automate the entire B2B finance and payment process. The partnership aims to address the challenges faced by many companies in making commercial payments, such as disparate data, systems, and processes. By le
Wix partners with Stripe and introduces Tap to Pay on Android
Wix, a leading global website builder, has announced the launch of Tap to Pay on Android using Stripe technology. This new feature allows merchants in the United States to accept secure, contactless payments directly from their Android devices without additional hardware. Tap to Pay on Android is available to Wix users processing payments on Wix. To use Tap to Pay, merchants simply need to download the Wix Owner App and enable the feature. Once enabled, merchants can accept payments from custom
Zip partners with Primer to accelerate growth in the US
Zip, a leading global buy now, pay later (BNPL) payment provider, and Primer, a payment orchestration platform have announced a partnership to accelerate BNPL growth in the U.S. The partnership will see Primer provide Zip with access to its payments infrastructure, including card acquirers and processors, fraud and communication tools, and fallback features. This will help Zip to reduce its operational costs and scale its BNPL offering in the U.S. In addition, Primer will also add Zip as a pay
CBA launches payment orchestration platform PowerBoard
Commonwealth Bank of Australia (CBA) has launched PowerBoard, a new payments orchestration platform that allows merchants to manage all of their payments through a single interface. PowerBoard integrates with a variety of payment methods, including credit cards, debit cards, buy now pay later (BNPL) options, and digital wallets. It also offers fraud protection and other security features. "Running an online business can be extremely time-consuming," said Mike Vacy-Lyle, Group Executive Business
US Shopify merchants to soon offer Buy with Prime at Checkout
Amazon recently announced the launch of the Buy with Prime app for Shopify, a new app integration that makes it easy for merchants to offer Buy with Prime on their Shopify stores. Buy with Prime is an Amazon DTC offering that helps merchants grow their ecommerce businesses on their own websites by leveraging Amazon's fulfillment network, wallet, and the trusted experience of Prime. “We’ve been thrilled with the feedback merchants have shared about Buy with Prime, including the increased shopper
Businesses on Shopify can Accept Cryptocurrency with Solana Pay
Shopify, a leading e-commerce platform, has announced that it has integrated with Solana Pay, a decentralized payment protocol built on top of the Solana blockchain. This integration will allow Shopify merchants to accept payments in Solana (SOL) and other USD-pegged stablecoins, such as USDC and USDT. Solana Pay offers a number of advantages over traditional payment methods, such as lower fees, faster processing times, and greater security. Solana transactions are typically confirmed within se
SumUp Launches in Australia to Help Small Businesses Grow
SumUp, a global financial technology company, has launched in Australia to help the country's small business community thrive. The company's introduction to the Australian market is accompanied by the roll-out of its proprietary hardware and software solutions designed for local businesses. “SumUp is tremendously excited to launch in Australia, our local team is raring to go and serve the needs of Australian small businesses. We are particularly looking forward to bringing our proven track reco
Worldpay Partners with Alipay+ to Expand Cross-Border Payments
FIS, a global financial technology leader, has announced that its merchant solutions business, Worldpay, will integrate Alipay+ into its global portfolio. This will give merchants the ability to accept cross-border payments from a wide range of methods, including AlipayHK, the e-wallet operated by Ant Group. The integration will be rolled out in phases, with Worldpay's merchants first being able to support AlipayHK. The partnership is expected to help merchants enhance their customers' payment
Stripe Tax for Platforms: A No-Code Solution for Tax Compliance
Stripe Tax for Platforms is a new offering from Stripe that allows platforms to offer their customers no-code tax compliance. This means that platforms can now help their customers calculate, collect, and report the correct sales tax, VAT, and GST across more than 40 countries and all US states. The launch of Stripe Tax for Platforms is a major step forward in the fight against tax complexity. By making it easy for platforms to offer tax compliance as a service, Stripe is helping to level the p
Brex Launches AI-Enabled Accounts Payable Solution
Brex, the first fully unified global spend platform, launched Brex payables — an AI-enabled Accounts Payable (AP) solution, combining enhanced bill pay capabilities and purchase cards. Brex payables offers the controls required by an Accounts Payables team to manage procurement spend seamlessly across invoices and purchase cards, with the flexibility sought by employees for business spend. The product leverages AI across the lifecycle of an invoice, from receiving and matching to approving and
Skipify and American Express Partner to Simplify Checkout
Skipify, a fintech company redefining the checkout experience, has partnered with American Express to connect Amex U.S. Consumer Members' Cards seamlessly into checkout. This solution removes the need for consumers to manually enter their payment and billing details, improving merchant approval and conversion rates. “As we scale past millions of monthly checkouts on our platform, we are excited to layer in our Card Linking solution with American Express to the thousands of merchants that offer
Shopify Partners with Ramp to Improve Expense Management
Ramp, a fintech startup that provides corporate cards and expense management software, has announced a partnership with Shopify. As part of the partnership, Shopify will use Ramp as its sole expense management provider. Ramp's platform offers a number of features that are designed to help businesses improve their expense management processes. These features include: * Automated expense tracking - Ramp's platform automatically tracks employee expenses, which can help businesses save time and m
Riskified and Commercetools Partner to Combat Payment Fraud
Riskified, a fraud prevention and risk management company, has integrated its solutions with commercetools, an eCommerce platform. This integration allows merchants using commercetools to combat payment fraud while ensuring a frictionless customer experience. “Merchants should never have to choose between stopping fraud and offering legitimate customers a friction-free experience, yet retailers often face this hurdle,” Riskified Vice President of Channel Partnerships Kevin Sprake said in the re
Weave Launches Mobile Tap to Pay via Mastercard
Weave, an all-in-one customer experience platform for small and medium-sized businesses, announced today that it is expanding its payments platform with the addition of Mobile Tap to Pay via Mastercard's Tap on Phone technology. This new feature will allow patients and clients to make contactless payments from their NFC-enabled device. With no extra hardward required, businesses can take advantage of this on-the-go solution to enable quick and convenient payment options and allow customers to s
Amazon One: Embracing the Future of Shopping and Payments
Amazon One is a palm recognition service that is quickly gaining popularity. With more than 3 million uses and counting, Amazon One is a critical milestone for Amazon Web Services, and it continues to gain momentum in the retail landscape. What is Amazon One? Amazon One is a palm recognition service offered by Amazon Web Services, designed to enhance customer identification, payment processing, loyalty membership access, and entry across more than 400 locations in the United States. By hoveri