Marketplaces and payment facilitators are two of the ways the payments system has evolved to meet the needs of the current economy. But what are the differences between these two models?

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The Conference of State Bank Supervisors (CSBS) has requested public input on preliminary language for a model payments law that could be used in all 50 states, helping to standardize state-by-state money transmission and payments regulation.

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PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

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Payments leader Stripe announced this week that it is launching in Malaysia.

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Now officially part of the CBD support group, Square has launched its CBD early-access program, which allows U.S. businesses to sell CBD products on Square “quickly, easily and securely.”

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PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

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Payments leader Square is known for looking at things in a new way. But once you’ve converted an entire industry to your way of thinking, how do you keep moving forward? According to Carl Perry, developer lead at Square, you do that by maintaining what he called a “relentless focus on customer experience.”

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This week, PayPal announced that it’s entering the Chinese payments market. It’s acquiring a 70% interest in Guofubao Information Technology Co. (GoPay) Ltd, which already holds a payments license in the country.

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In an effort to help merchants expand their market reach, Shopify has launched a new feature in their Shopify Marketing suite enabling users to purchase digital ad campaigns that advertise their product or service across the entire Microsoft Search Network.

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PaymentFacilitator’sNews Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

* This article was originally published here