WePay on Chase Acquisition: “The Same, Only Better”

Payments
WePay on Chase Acquisition: “The Same, Only Better”
Payment Facilitor
WePay on Chase Acquisition: “The Same, Only Better”
As WePay Chief Strategy Officer Rich Aberman sees it, there are two primary types of acquisition plays in the payments industry.

First, there’s the kind where one payments company buys another payments company and rolls it into an existing business, for the boost in revenue or transaction volume.

Then, there’s what Chase is doing with its plans to buy WePay.

UnionPay Push QR Code Payment Acceptance Now Available Outside Mainland China

Payments
UnionPay Push QR Code Payment Acceptance Now Available Outside Mainland China
Payment Facilitor
UnionPay Push QR Code Payment Acceptance Now Available Outside Mainland China
Currently being launched outside mainland China, a new UnionPay initiative enables merchants to offer ”push” QR code payments to their customers at the upcoming Macau Food Festival.

Earnings Review: PFs Report Strong Results in Third Quarter

Payments
Earnings Review: PFs Report Strong Results in Third Quarter
Payment Facilitor
Earnings Review: PFs Report Strong Results in Third Quarter
As PaymentFacilitator.com previously reported, Square released its earnings report last week, again beating analyst expectations. Following on the heels of that report, we take a look at how other companies that have embraced the payment facilitator approach fared during the last quarter.

Visa Launches Transit Program, Klarna and Nets Bring Pay Later Options into Stores: News Roundup

Payments
Visa Launches Transit Program, Klarna and Nets Bring Pay Later Options into Stores: News Roundup
Payment Facilitor
Visa Launches Transit Program, Klarna and Nets Bring Pay Later Options into Stores: News Roundup
Visa Europe streamlines commuter payment acceptance and Shopify offers business owners the ability to view online customer commerce in real time. Klarna partners with Nets to offer a pay later solution for offline storefronts and Ayden partners with Yandex.checkout to enhance online commerce in Russia.

PayPal Launches in India; Stripe Invests in U.K. Startup: News Roundup

Payments
PayPal Launches in India; Stripe Invests in U.K. Startup: News Roundup
Payment Facilitor
PayPal Launches in India; Stripe Invests in U.K. Startup: News Roundup
Stripe has invested in a U.K. mobile banking startup while Facebook brings its P2P payments to two new countries. And a U.S. banking regulator again challenges the conventional wisdom behind current regulations prohibiting non-bank entities from offering banking services. Here’s your weekly news roundup.

PF Payline Data Acquired by Pineapple Payments

Payments
PF Payline Data Acquired by Pineapple Payments
Payment Facilitor
PF Payline Data Acquired by Pineapple Payments
Adding to the wave of payments providers looking to strengthen their integrated payments offerings, recent payments startup Pineapple Payments announced on Friday that it has acquired payment facilitator Payline Data Services.