Wirecard Offers Digitized Loans; Mastercard Takes QR to Sri Lanka: News Roundup

Payment Facilitator
Wirecard Offers Digitized Loans; Mastercard Takes QR to Sri Lanka: News Roundup
Wirecard has expanded its customer offerings with fast, easy and fully digitized B2B loans, while Mastercard takes its QR-based mobile payments solution to Sri Lanka. And in other news, Unified Payments targets the events industry with its own integrated payments solution.

PayPal Steps Up Square Challenge with iZettle Acquisition

Payment Facilitator
PayPal Steps Up Square Challenge with iZettle Acquisition
Deep pockets, multichannel expertise and access to markets are all coming together to make PayPal and iZettle look very much like a formidable global competitor to Square. This acquisition is the latest in a string of deals in which key players are combining expertise and market coverage to adapt to a rapidly evolving payments environment.

In this space, expansion and growth often come down to the question: Who can serve small businesses best?

Square Edges into Banking Business; Grab Partners with MayBank: News Roundup

Payment Facilitator
Square Edges into Banking Business; Grab Partners with MayBank: News Roundup
Square’s Cash app is edging them into the banking business while Grab partners with Malaysia’s MayBank to launch its mobile wallet. And in other news, payment facilitator PayMate acquires Z2P Technologies and Vietnam strives for peak growth potential in its move towards a cashless society.

BigCommerce to Offer Chase Pay, Speed Merchant Onboarding with WePay

Payment Facilitator
BigCommerce to Offer Chase Pay, Speed Merchant Onboarding with WePay
When banking giant Chase acquired WePay last year, the companies said that WePay would continue operating autonomously, bringing its technological expertise as well as its “DNA” to the relationship. This week’s news from BigCommerce appears to bear that out for now.

PaymentVision and Fidelity Express collaborate; PayU Sees 200% increase in UPI: News Roundup

Payment Facilitator
PaymentVision and Fidelity Express collaborate; PayU Sees 200% increase in UPI: News Roundup
Payment facilitator PaymentVision partners with Fidelity Express and PF PayU reports a 200% increase on UPI-based transaction volume and size. And in other news, Nigeria leverages Bluetooth and QR code technology for offline payments and Visa announces plans to launch contactless and QR in Bangladesh.