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Marcel van Oost

Greetings from Bogotá: Yuno Partners with Nequi in Colombia

Greetings from Bogotá: Yuno Partners with Nequi in Colombia

Hey Payments Fanatic! Greetings from Bogotá, Colombia! I'm here this week and wanted to kick off this edition with some exciting local news from Yuno, a company I closely follow. Yuno, a global leader in payment orchestration, has formed a strategic partnership with Nequi, a digital financial platform

Amazon Expands Social Commerce with New TikTok and Pinterest Deals

Amazon Expands Social Commerce with New TikTok and Pinterest Deals

Hey Payments Fanatic! Amazon's e-commerce growth has slowed, pushing the company to explore partnerships with social media platforms, where shopping is on the rise. Amazon has now teamed up with TikTok, allowing users to purchase items from Amazon ads without leaving the app, and has a similar arrangement

Checkout.com Partners with Google Pay for Biometric Payment Authentication

Checkout.com Partners with Google Pay for Biometric Payment Authentication

Hey Payments Fanatic! Checkout.com has announced a pioneering partnership with Google Pay, becoming the first payment provider to integrate Google Pay's biometric-based secure payment authentication service for merchants. This collaboration allows Checkout.com to offer Google Pay’s biometric authentication to its merchant clients, including notable names

PayPal Introduces Fastlane for Faster Guest Checkouts for U.S. Merchants

PayPal Introduces Fastlane for Faster Guest Checkouts for U.S. Merchants

Hey Payments Fanatic! PayPal announced that its guest-checkout solution, Fastlane, is now available to all U.S. merchants after a test phase. Initially, businesses must use PayPal’s payment services like Braintree or Complete Payments to access Fastlane. Launched in January, Fastlane stores customer data such as names, emails, phone

J.P. Morgan and PopID Roll Out Biometric Payments Across the U.S.

J.P. Morgan and PopID Roll Out Biometric Payments Across the U.S.

Hey Payments Fanatic! J.P. Morgan Payments is expanding its relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States. Shoppers can complete transactions using pay-by-face biometrics, without pulling out their phones or credit cards. Biometric payments enable shoppers to pay by smile to complete

Apple Presses Tencent to Close Payment Loopholes

Apple Presses Tencent to Close Payment Loopholes

Hey Payments Fanatic! Apple has demanded that WeChat parent Tencent and Douyin parent ByteDance stop allowing in-app creators to direct users to external payment systems. According to Bloomberg, Apple has threatened to reject updates for WeChat and Douyin if these loopholes remain. An Apple spokesperson stated that their guidelines require

WeChat Pay Malaysia to Discontinue its e-wallet Service

WeChat Pay Malaysia to Discontinue its e-wallet Service

Hey Payments Fanatic! WeChat Pay Malaysia, a subsidiary of the Chinese payment firm WeChat Pay, will halt its e-wallet service in Malaysia from September 1, 2024, due to a strategic business shift. In a statement released on Friday, the company announced that it would stop accepting new e-wallet registrations from