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
BigCommerce to Launch New AI-Powered Ecommerce Features
BigCommerce, a leading Open SaaS ecommerce platform, is adding new AI-powered features to its platform, leveraging Google Cloud’s AI technologies. These new features will help enterprise merchants improve operational efficiencies, elevate customer experiences, improve product discovery, and drive more sales. “BigCommerce is deeply invested in AI that will allow enterprise merchants to optimise their ecommerce operations using the most advanced and innovative technologies to drive operational ef
Shopify Credit: A New Business Credit Card for Shopify Merchants
Shopify, the e-commerce platform, has announced the launch of Shopify Credit, a business credit card designed exclusively for its merchants. The card is powered by Stripe, and it is accepted everywhere Visa is. Shopify Credit is a pay-in-full business credit card, which means that merchants do not have to pay interest on their purchases. Instead, they are simply billed for the full amount of their balance at the end of each month. Merchants are evaluated on a variety of factors in the applicat
American Express Launches Sync: A New API for US Businesses
American Express has announced the launch of Sync, a new B2B API program that will give fintechs and businesses the ability to embed American Express virtual cards into their own software solutions. This will make it easier for businesses to pay their suppliers and vendors, and it will also give them access to a wider range of payment methods and data capabilities. The Sync Commercial Partner Program is designed for software providers that offer spend management, procurement, and other business
TrueLayer Introduces Payment Links: A New Way to Accept Instant Payments
TrueLayer, an open banking payment provider, today announced the launch of payment links, a new feature that enables businesses to offer instant payments, powered by open banking, directly from an email, text message or a QR code. Payment links are a simple and easy-to-use way for businesses to accept payments from customers. With payment links, businesses can create checkout pages within minutes, without the need for a website or third-party ecommerce platform integration. “Legacy payment opt
Worldpay Helps Merchants Improve Payment Authorization
Worldpay from FIS has launched a new solution designed to help merchants improve their payment authorization, streamline costs and approve all legitimate payment transactions. The new Revenue Boost is powered by machine learning and designed to help merchants process card-not-present transactions in a way that maximizes conversions, minimizes costs and reduces fraud. By deploying Revenue Boost and working with Worldpay's experts, merchants can tailor the solution to their specific needs in ord
Nuvei and Plaid Partner to Offer Pay-by-Bank Payments to Businesses
Nuvei and Plaid are expanding their partnership to offer businesses a new way to accept payments. The new partnership will allow businesses to accept bank-based payments for recurring payments and payouts, and to serve new eCommerce verticals like utilities and B2B. “We want to support merchants with payment solutions with lower processing costs and quicker access to funds” said Nuvei CEO Philip Fayer. “Consumers are increasingly turning to online bank transfer payments, but their user experien
QuickBooks Workforce: A One-Stop Shop for Payroll and Time Tracking
Intuit has recently announced the launch of new Workforce app, QuickBooks Workforce. QuickBooks Workforce is a mobile app that provides employees with a centralized hub to track their work hours, schedules, paid time off, and pay. With QuickBooks Workforce, employees can easily track their time and productivity, view their schedules, request and manage paid time off, and access their pay stubs and tax documents. “We recognized the importance of providing employees with a centralized hub that h