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Marcel van Oost

PayPal Partners with Shopify for U.S. Payments

PayPal Partners with Shopify for U.S. Payments

Hey Payments Fanatic, PayPal has partnered with Shopify to support a portion of Shopify Payments in the U.S. through its PayPal Complete Payments solution. This integration allows PayPal wallet transactions to be managed within Shopify Payments, streamlining the handling of orders, payouts, reporting, and chargebacks. According to PayPal CEO

Amex Partners with Knot to Simplify Card-on-File Updates

Amex Partners with Knot to Simplify Card-on-File Updates

Hey, Payments Fanatic! American Express is teaming up with Knot to make adding card-on-file info easier for its customers at select merchants like Bloomingdale’s, Hilton, and Macy’s. This pilot program helps Amex Card Members seamlessly add their payment details for smoother future checkouts. How does it work? Knot,

Visa Enhances Consumer Protection with Smarter Bank Transfer Payments

Visa Enhances Consumer Protection with Smarter Bank Transfer Payments

Hey Payments Fanatic! Visa is set to revolutionize bank transfers with its upcoming Visa A2A payments service, launching in the UK in early 2025. This innovative service promises to bring modernity and security to the age-old method of paying via bank transfers, giving consumers unprecedented control over their transactions. Visa

Google Pay Expands Capabilities with UPI Circle and ClickPay QR

Google Pay Expands Capabilities with UPI Circle and ClickPay QR

Hey Payments Fanatic! Google Pay has announced six new features at the Global FinTech Fest 2024, aimed at enhancing user convenience. These include UPI Circle, UPI Vouchers, ClickPay QR, prepaid utilities payment, Tap & Pay with RuPay cards, and Autopay for UPI Lite. The UPI Circle feature allows transactions without

Unicorn Zilch Achieves First Monthly Profit Ahead of IPO

Unicorn Zilch Achieves First Monthly Profit Ahead of IPO

Hey Payments Fanatic! Zilch, valued at $2bn (£1.65bn) in October, has reported its first monthly operating profit, four years after its 2020 launch. In July, the London-based payments firm also surpassed a revenue run rate of $130m (£100m) but did not disclose the exact profit. Over the year to

Triple-Digit Growth & A New Leader for Mollie in the UK

Triple-Digit Growth & A New Leader for Mollie in the UK

Hey Payments Fanatic! Mollie, a rapidly expanding financial services provider in Europe (founded in Amsterdam 😉), has appointed Dave Smallwood as the UK managing director. This strategic move aligns with Mollie’s plans to scale its UK operations, following impressive triple-digit year-on-year growth in the first quarter of 2024 🤯 With over

PayPal Ventures Backs Brazilian Startup Ume with $15M Investment

PayPal Ventures Backs Brazilian Startup Ume with $15M Investment

Hey, Payments Fanatic! PayPal Ventures is back in action, this time investing $15 million in Ume, a Brazilian startup shaking up the market with its smart use of the Pix payment system. Ume’s buy now, pay later (BNPL) services are already partnered with 6,000 businesses and reach 220,