Small Business Saturday; New Platforms for Yandex.Checkout and Nets: News Roundup

Payment Facilitor
Small Business Saturday; New Platforms for Yandex.Checkout and Nets: News Roundup
Small Business Saturday kicks off holiday shopping with a bang while Yandex.Checkout and Nets both launch new payment platforms. The European Union also blocks geoblocking and UnionPay launches QR code payments in Singapore. Here’s your weekly news roundup.

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.

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

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

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.