8 February 2018 | Mobile payments | News | Payment gateways | Payments

PayPal announced the launch of its two new mobile POS devices capable to accept different card payments specifically designed for small businesses. The new mPOS terminals include one device processing swipe card transactions, and the other processing chip and contactless payments. With the new mPOS terminals small businesses will be able to accept card payments conveniently from any location.

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1 February 2018 | News | Payment aggregators | Payment gateways | Payments

eBay announced the end of PayPal era on its online auction website as it has plans to switch from long-term partnership with its former subsidiary to Adyen, an Amsterdam-based payment services provider, as a primary payment method offered to customers at the checkout with PayPal to be sideshifted to the position of a supplementary option. The announcement moved the shares of PayPal down 12% in the afterhours trading.

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31 January 2018 | Financial startups | News | Payment gateways | Payments

Mastercard is partnering with Boost Payment Solutions, a US B2B acquirer company helping businesses to optimize their card payment processing, over enabling acceptance of commercial card payments in the Caribbean region.

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29 January 2018 | News | Payment aggregators | Payment gateways | Payments

ING, an Amsterdam-based multinational banking and financial services company, has reportedly acquired a 75% stake in Payvision, a Dutch international card acquiring and payment processing platform, for a compensation amounting to 270 million euros. The deal comes after Payvision’s 66% volume increase report for 2017.

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22 January 2018 | Analytics | News | Payment gateways | Payments

According to the latest stats four major retail banks in the United States suffered about 20% increase in credit card losses. As it was noted by Charles Peabody from Compass Point, a Washington-based investment group, ability of consumers to bear the burden of their debts on credit cards is deteriorating, reports the Financial Times.

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