European e-Commerce, Contactless Transactions in London: News Roundup

Leading payment facilitators are continuing to expand their presence and the capabilities they offer their merchant customers in this roundup of the past week’s news from around the industry.

Leading payment facilitator Shopify announced that it would enable checkout directly on its merchants’ domains, rather than redirecting customers to checkout.shopify.com for purchase completion. The company said that the capability would be free for all merchants and would be activated automatically.

According to Bloomberg, Shopify is also enabling its merchants to sell directly through eBay, expanding the places where its sellers can sell their products.

Dutch payment facilitator Adyen announced that it is the first global payments company to offer China card network UnionPay’s SecurePlus. The program enables merchants to accept UnionPay credit and debit cards internationally, with the entire payments flow taking place within the merchant’s own web site.

India-based payment facilitator Innoviti announced that it has raised the equivalent of USD$18 million It plans to use the funds to expand its payments and lending services for SMBs.

San Diego-based Cubic Transportation Systems and its partner Transport for London (TfL) have reached one billion contactless card and mobile payments across London’s transportation network. According to TfL numbers, travelers around London complete an average of 2 million contactless transactions per day. The company said that, since last year, the proportion of travelers using contactless payments to pay for their transportation has increased from 25% to 40%.

Research by European e-commerce provider Arvato named Germany the most important market to U.S. retailers looking to expand their e-commerce businesses into Europe. About one-third of survey respondents had plans to expand into Germany within the next four years, the company said in a press release. The Benelux countries (Belgium, the Netherlands and Luxembourg), France and Italy were cited as important for 22% of respondents.

Last week, leading payment facilitator Stripe launched in Hong Kong. Hong Kong sellers can access Stripe’s full suite of services. The company also announced global support for Alipay and WeChat Pay, connecting Stripe customers worldwide to Chinese consumers. Stripe will also enable recurring payments through Alipay in support of SaaS and subscription-based businesses.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Click here to go directly to the site
or wait 0 seconds
.

Sign up to stay in touch!

Sign up to get interesting news and updates delivered to your inbox.


By submitting this form, you are granting: PaymentFacilitator.com, 7741 S Glencoe Ct., Centennial, CO, 80122, permission to email you. You may unsubscribe via the link found at the bottom of every email. (See our Email Privacy Policy (http://constantcontact.com/legal/privacy-statement) for details.) Emails are serviced by Constant Contact.

Sign up to stay in touch!

Sign up to get interesting news and updates delivered to your inbox.


By submitting this form, you are granting: PaymentFacilitator.com, 7741 S Glencoe Ct., Centennial, CO, 80122, permission to email you. You may unsubscribe via the link found at the bottom of every email. (See our Email Privacy Policy (http://constantcontact.com/legal/privacy-statement) for details.) Emails are serviced by Constant Contact.
Click here to go directly to the site
or wait 0 seconds
.