Square Reaches Out to Sellers in a New Way with Brick-and-Mortar Location

Payments
Square Reaches Out to Sellers in a New Way with Brick-and-Mortar Location
Payment Facilitor
Square Reaches Out to Sellers in a New Way with Brick-and-Mortar Location
As a new company, Square stepped out of the traditional mold to change the way the payments industry thinks about the point of sale. Now it’s once again trying a new way of looking at the way it relates to sellers. Announced last Friday, Square’s first brick-and-mortar store location in Manhattan is focused on its […]

Mastercard Piloting Smartphone Payment Acceptance in Poland

Payments
Mastercard Piloting Smartphone Payment Acceptance in Poland
Payment Facilitor
Mastercard Piloting Smartphone Payment Acceptance in Poland
Mastercard announced a new smartphone payment acceptance pilot in Poland on Wednesday. The solution does not require the purchase of any POS equipment. Users will only need to download a mobile app and create a merchant account to begin accepting payments, making the process simpler and more cost-effective for small and micro-merchants. The company expects […]

Judge Tosses Payments Providers Out of CFPB Debt Collection Case

Payments
Judge Tosses Payments Providers Out of CFPB Debt Collection Case
Payment Facilitor
Judge Tosses Payments Providers Out of CFPB Debt Collection Case
With the news on Friday that a judge had dismissed the Consumer Financial Protection Bureau’s claims against Atlanta-based processor Global Payments and three other payments providers, what can payment facilitators take away from the outcome? The short answer: nothing has changed. This particular case began its journey through the legal system in 2015, when the […]

PayPal Surveys Cash Usage in Asia, Paysafe Wraps Up Acquisition: News Roundup

Payments
PayPal Surveys Cash Usage in Asia, Paysafe Wraps Up Acquisition: News Roundup
Payment Facilitator Mobile Business Compliance Security Payments Industry
PayPal Surveys Cash Usage in Asia, Paysafe Wraps Up Acquisition: News Roundup
In a roundup of news from this week, PayPal reports on the state of payments in Asia as Singapore moves forward toward its own digital future. Also, news from Paysafe, Wirecard and Shopify.