In this week’s roundup, PayPal racks up another credit card company agreement, Paytm expands the places it is accepted across India, and more small businesses can use Square for their POS.
PayPal announced a new agreement with Discover. Under the agreement, Discover will be presented as a clear option within the PayPal wallet, and eligible Discover cardmembers will have the option of paying with their rewards points, the company said.
“This new agreement with Discover, a major issuer of credit products in the U.S., is designed to deliver greater choice to our customers,” PayPal CEO Bill Ready said in a blog post.
Cashless payments from payment facilitator Paytm are now enabled at more than 41,000 fuel stations across more than 550 districts in India, according to a report in The Economic Times. Drivers can use their Paytm wallet to pay for their fuel with no surcharge.
“We have currently enabled our zero-cost cashless payments at more than 41,000 petrol pumps across 550 districts. We are confident commuters across India will find our service extremely convenient and useful,” Paytm Senior Vice President Kiran Vasireddy said in the article.
Web development platform Wix announced a new integration that enables its users to accept payments through Square. The integration will allow both online and in-person payments using a mobile device-based POS, the company said.
“We are constantly enhancing our ecommerce experience for our subscribers and their shoppers. We know that for small businesses both ecommerce and mobile functionality are crucial,” said David Schwartz, VP of ecommerce, at Wix in a press release. “Growth of our ecommerce and transaction-enabled subscriptions continues to exceed our overall subscriptions growth, highlighting our broad reach with small businesses. Today, Wix manages more than 305,000 ecommerce subscriptions globally. Now, by integrating the Wix App with the Square POS, users can accept payments in any location.”