European Payments Acceptance | Weekly News 06 December
European Payments Acceptance | Weekly News 06 December
- PayPoint and Lloyds expand SME payment services partnership. SME businesses using merchant services arranged by Handepay and PayPoint can enjoy benefits with Lloyds, such as next-day settlements, a faster onboarding experience, a dedicated app, and additional customer data and insights.
- Checkout expands to Japan, hiring a Country Manager and opening a Tokyo office.
- Mollie and PayPal partner to improve payment solutions for marketplace platforms in Europe. The collaboration allows marketplaces to integrate PayPal as a payment option
- Ayden partners with Doctolib, a European provider of digital healthcare services. The partnership has launched in France and Italy.
- Worldpay launches near-instant refunds for eligible online purchases. In addition to the UK, the service will be rolling out to merchants across the European Union in 2025 for both online and point-of-sale transactions.
In other news…
BNPL
- HSBC UK enters POS financing market through a partnership with FlexiPay. The bank is teaming up with energy company Ovo as its first merchant partner, offering customers the ability to pay for solar panels in instalments. More merchants will be added next year.
- Affirm has announced new merchant customers including Agape Diamonds, Ever/body, Garmin, Living Spaces, Hotels.com, Sweetwater, Discount Tires
CASH(less)
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Cash use in the UK rises for second year in a row according to the British Retail Consortium. Consumers resorted to handing over cash at the till to better aid budgeting.
CORPORATE ACTIVITY
- Mambu acquires Numeral to expand payment technology offerings
- Klarna to hire 100 engineers for new tech hub in Poland
CRYPTOASSETS/BLOCKCHAIN/DLT
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JustGiving partners with Gr4vy to deliver cryptocurrency donations, imposing no international exchange fees
ISSUING
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Dojo partners with American Express to make it easier for small businesses in the UK to accept.
LITIGATION
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Mastercard to settle UK lawsuit over card fees, with an agreement in principle.
