Amazon Go faces competition from tech companies that want to get rid of checkouts

Amazon Go faces competition from tech companies that want to get rid of checkouts

Amazon Go stores are known for their “walk in, walk out” checkout-free experiences, and the tech giant is also acting as a vendor for its cashier-free technology toolset.

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Shopify’s payment option Shop Pay now available on Facebook, Instagram

Shopify’s payment option Shop Pay now available on Facebook, Instagram

E-commerce and omnichannel business platform Shopify is integrating its payment button Shop Pay with Facebook and Instagram, allowing all Shopify merchants to offer it on their Facebook and Instagram stores.

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‘Buy now, pay later’ firm Klarna reaches 15 million users in the US

‘Buy now, pay later’ firm Klarna reaches 15 million users in the US

Klarna, a firm that’s best known for its point-of-sale financing toolset, reports that it more than doubled its total number of U.S. users to 15 million compared to just one year ago.

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Real-time payments network FedNow announces 110 pilot partners

Real-time payments network FedNow announces 110 pilot partners

FedNow, a real-time payments network run by the Federal Reserve, announced 110 new partner institutions for its pilot program, which includes banks and processors.

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Payments giant Stripe stops processing Trump campaign website payments

Payments giant Stripe stops processing Trump campaign website payments

In the aftermath of the Capitol violence last week, payments company Stripe is no longer processing payments for the Trump campaign website, the Wall Street Journal reported.

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Social payments app Meemo launches custom digital gift card platform

Social payments app Meemo launches custom digital gift card platform

Meemo, a payments app that tracks user transactions and offers merchant rewards, launched a website where users can create personalized gift cards.

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TransferWise is said to be planning a 2021 IPO

TransferWise is said to be planning a 2021 IPO

TransferWise, the U.K.-based cross-border payments fintech that’s reportedly valued at $5B, is preparing to go public in the new year, according to Sky News.

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Google Pay launches merchant cash back rewards, supported by Fidel API

Google Pay launches merchant cash back rewards, supported by Fidel API

Google Pay launched merchant cash back rewards through a partnership with U.K.-based startup, Fidel.

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U.S. Bank taps Canadian startup Vouchr on Zelle e-greeting card launch

U.S. Bank taps Canadian startup Vouchr on Zelle e-greeting card launch

Zelle, the bank-backed peer-to-peer (P2P) payments network, is going social through the introduction of e-greeting cards. The feature was launched by U.S. Bank this week, and promises to add a ceremonial touch to peer-to-peer transactions.

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Paysafe to go public through merger with Bill Foley-backed SPAC

Paysafe to go public through merger with Bill Foley-backed SPAC

On Monday, Dec. 7, Paysafe confirmed a merger with a special purpose acquisition company (SPAC) backed by investor Bill Foley, Foley Trasimene Acquisition Corp II – a deal that valued the payments platform at $9B.

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Stripe partners with Goldman Sachs, Citi on business bank accounts

Stripe partners with Goldman Sachs, Citi on business bank accounts

Stripe, a firm whose tools allow merchants to accept payments, is partnering with Goldman Sachs and Citibank on a business bank account offering for their clients, the Wall Street Journal reported.

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Stripe reportedly in fundraising talks, which could propel valuation beyond $70B

Stripe reportedly in fundraising talks, which could propel valuation beyond $70B

Stripe, whose technology allows merchants to accept payments, is in talks regarding a new funding round, Bloomberg reported, citing unnamed sources.

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Google Pay takes on Venmo with updated app and peer-to-peer features

Google Pay takes on Venmo with updated app and peer-to-peer features

A revamped Google Pay app rolling out this week will include bank accounts, peer-to-peer payments, and personal finance features.

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CVS begins to accept Venmo and PayPal QR code payments

CVS begins to accept Venmo and PayPal QR code payments

This week, pharmacy retailer CVS announced that customers can use Venmo and PayPal QR codes on their phones to pay for goods at stores.

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AppBrilliance raises $3M to grow API-based payment tools

AppBrilliance raises $3M to grow API-based payment tools

AppBrilliance, an Austin-based payments tech firm, just raised a $3M seed investment to grow its API-based open payment and banking tools.

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