Afterpay to power Stripe BNPL, Fedwire crashes, Shopify, TikTok expand social commerce pact

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 25, 2021

Vaccine Incentives

Gift Cards Become Employee COVID Vaccination Incentives

Gift cards have traditionally been used as a token of employee appreciation or as a bonus. But as Nat Salvione, chief commercial officer of Tango Card, told PYMNTS, they are now also an effective incentive for rewarding employees who get vaccinated.

 

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Connected Commerce

NCR: Payments Are Connective Tissue For Banks And Retailers

Banks and retailers can work together to create a fully contextual eCommerce experience, with payments as the common thread. As NCR’s Doug Brown, senior vice president and general manager of NCR digital banking, and Marc Haberkorn, corporate vice president of product management, told Karen Webster, banks want to help merchants in the community, but up until now, technology has been a limiting factor.

 

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Connected Economy

Western Union: 5G, AI, RTP Will Create New Digital Experiences

If 2020 has taught us anything, it's to be prepared. As Western Union Business Solutions Vice President Scott Johnson sees it, digital payment players have a "huge opportunity" if they remain flexible and focused on user experience. Here's what he says companies can do to make that happen.

 

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Invoice Financing

Invoice Financing Comes To SMBs And Freelancers

Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs to abandon the collections game.

 

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Emerging Markets 

Indonesian FinTech Builds Bridges Between Banks And Workers

Earned wage access is growing in popularity in emerging economies as FinTech platforms help workers bridge the gap been their workday and payday. GajiGesa co-founder Vidit Agrawal told PYMNTS that it’s especially important in connecting the consumers that have been largely overlooked by banks due to their relatively small asset value to an established financial ecosystem.

 

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Buy Now, Pay Later Tracker

Report: Buy Now, Pay Later Helps Toy Merchants Go Global

Toy merchants are working to boost their global visibility and partnering with buy now, pay later (BNPL) providers that offer convenient payment options could be just the ticket. In the Buy Now, Pay Later Tracker, Alison Shaw, co-owner of Australia-based teddy bear retailer Tambo Teddies, explains how offering a BNPL payment plan at checkout is driving sales among consumers and putting the 400-resident town of Tambo on the map.

 

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What's Hot


Stripe, Afterpay Join Forces To Expand BNPL To More Merchants


ADP Debuts Voice AI-Driven Payroll App For SMBs


BigCommerce Collaborates With Walmart On Marketplace Access


Shopify-TikTok Social Commerce Pact Expands


Sift Partners With McDonald’s On Mobile App Fraud


Mastercard, Deutsche Bank Expand Partnership To Capture New Payment Flows


Omnichannel Sellers Drove More Than 50 Pct Of Square GPV In 4Q


Fed Online Portal Crashes; Operational Error Blamed


China Hands Out Free Money, Adds Chengdu To Digital Yuan Test


Bitcoin Daily: J.P. Morgan Tests Blockchain Payments From Space; Klarna CEO ‘Worried’ About Bitcoin Promotional Tweets


Best Of Yesterday 


Santander Bank: Cloud ATMs Improve Access, Manage Costs


NY Fed Economists: ‘This Time is Different’ Compared To Great Recession


B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments


 

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