PayPal Surpasses AMEX in Market Value

Payments
PayPal Surpasses AMEX in Market Value
Payment Facilitor
PayPal Surpasses AMEX in Market Value
Digital payment processor and registered payment facilitator PayPal has been gaining notoriety this year in stock share and overall market value. So much so, the payments platform has now surpassed AMEX in market capitalization.

Elavon Latest to Step in as Payments Industry Lines Up with Programs to Support PF Model

Payments
Elavon Latest to Step in as Payments Industry Lines Up with Programs to Support PF Model
Payment Facilitor
Elavon Latest to Step in as Payments Industry Lines Up with Programs to Support PF Model
As companies recognize the importance of the PF model, more legacy payments providers will likely bring products to market serving businesses that choose that route. Recently, payments processor Elavon became the latest to offer a program geared specifically to payment facilitators.

The interest in the market isn’t surprising, given the potential.

Visa: Reducing Cash Use Could Yield $470 Billion in Annual Benefits for Cities

Payments
Visa: Reducing Cash Use Could Yield $470 Billion in Annual Benefits for Cities
Payment Facilitor
Visa: Reducing Cash Use Could Yield $470 Billion in Annual Benefits for Cities
Visa makes an economic argument for embracing digital payments and reducing the use of cash in a new report, which estimates that electronic payments adoption could provide a net benefit of $470 billion (USD) per year across 100 cities.

Future Indian IT Hub Andhra Pradesh Makes Headlines with Visa and MasterCard

Payments
Future Indian IT Hub Andhra Pradesh Makes Headlines with Visa and MasterCard
Payment Facilitor
Future Indian IT Hub Andhra Pradesh Makes Headlines with Visa and MasterCard
Global card brand MasterCard has entered into a memorandum of understanding (MoU) agreement with Andhra Pradesh Electronic IT Agency. And this isn’t the only major card brand reporting news on Andhra Pradesh.

PFs Help Remove Roadblocks on Way to Financial Inclusion

Payments
PFs Help Remove Roadblocks on Way to Financial Inclusion
Payment Facilitor
PFs Help Remove Roadblocks on Way to Financial Inclusion
In a report published recently, Mastercard examines the barriers to financial inclusion in emerging markets and identifies ways forward to enable broader electronic payments acceptance. Payment facilitators are well positioned to help drive this effort.

Bankers Protest Square Application, MasterCard and PayPal Go Global: News Roundup

Payments
Bankers Protest Square Application, MasterCard and PayPal Go Global: News Roundup
Payment Facilitor
Bankers Protest Square Application, MasterCard and PayPal Go Global: News Roundup
MasterCard again partners with PayPal and GoFundMe partners with Adyen, while Blackbaud expands its offerings though JustGiving acquisition and Square receives unfavorable response from the ICBA. Here’s your weekly news roundup.