Thomas Bottacin’s Post

Viva.com Partners With Satispay, Growing the Alternative Payment Options for European Businesses “Connecting with local financial systems and enabling connectivity to dominant local card schemes and alternative payment methods, is an essential part of Viva.com’s expansion in the 24 European markets of operation. Our partnership with Satispay will offer our merchants and their consumers versatility, even greater flexibility and convenience at the checkout. Satispay’s commitment to simplicity and security aligns perfectly with our mission to provide cutting-edge omnichannel payment solutions to all European businesses,” said Harry Xenophontos, Chief Partnerships Officer at Viva.com. https://lnkd.in/ejNPjt4H Stefano Schiavio #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Viva.com, Europe’s first acquirer powering merchant payments acceptance on any device in 24 markets, enters a strategic partnership with Satispay, the leading mobile payment circuit in Italy independent from credit and debit cards, to eliminate the barriers between the physical and online shopping experience for merchants and consumers. Satispay, which is adopted by a growing 4,4 million users and 320.000 merchants in Italy, France and Luxembourg, provides a seamless and secure payment option for customers who can use the Satispay app to pay by scanning a QR code in physical or e-commerce digital channels in a simple and seamless manner. The new partnership will enable merchants that use Viva.com’s Tap on Any Device technology for in-store purchases and Smart Checkout for online transactions, to accept payments using Satispay at checkout. This integration will provide businesses with access to a broader customer base, faster and more secure transactions, as well as an improved customer experience, leading to fewer missed sales. Source: https://lnkd.in/dKt9tqes Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #payments #digitalpayments #partner #partnership #financialtechnology #financialservices #financialsolutions

Ramadan Online Shopping Expected to Rise Across Key Sectors Remo Giovanni Abbondandolo, General Manager – MENA at Checkout.com, said: “We see a growing confidence in digital payment platforms and increasing trust from consumers for online shopping. This reflects not only the unique preferences of Ramadan shopping, but also the dynamic and evolving nature of the digital payments landscape in the Kingdom. The rapid digitalization in the country has led to a considerable boost in online spending in recent years, with the evolving needs of merchants being supported by payment service providers who are fine-tuning their value propositions.” https://lnkd.in/ewE2RBSy #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Sponsored | During and after the pandemic, demand for Buy Now, Pay Later (BNPL) has exploded. One retailer/merchant to adopt the service for its customers is the marketplace, Zalora which reports a huge increase in BNPL demand year-on-year. Zalora opted for Shopback PayLater (formerly Hoolah) as its BNPL provider. With constraints on how many tech resources it could deploy for the integration, and without the firepower to do the heavy lifting and launch in just two weeks, the company partnered with BridgerPay to implement the service. Discover how BridgerPay worked with ZALORA Group and ShopBack to implement BNPL across all of the brand's markets on Inside Retail.

Sponsored | During and after the pandemic, demand for Buy Now, Pay Later (BNPL) has exploded. One retailer/merchant to adopt the service for its customers is the marketplace, Zalora which reports a huge increase in BNPL demand year-on-year. Zalora opted for Shopback PayLater (formerly Hoolah) as its BNPL provider. With constraints on how many tech resources it could deploy for the integration, and without the firepower to do the heavy lifting and launch in just two weeks, the company partnered with BridgerPay to implement the service. Discover how BridgerPay worked with ZALORA Group and ShopBack to implement BNPL across all of the brand's markets on Inside Retail.

Forget one size fits all, local payment methods are the new consumer favorites in markets round the world Local Eats Global, as global card schemes lose ground to local favorites like digital wallets A2A, carrier billing and BNPL in Ecommerce These are some findings from a The 2024 Global Ecommerce Report which analyses data from 37 major markets, highlighting global, regional and country specific trends. Key Findings ▸ Local payment methods will reach 58% of all ecommerce transaction value globally by 2028, reflecting a major shift within the ecommerce payments market. ▸ By 2028, almost 37% of all individuals globally will actively use local payment methods, reflecting massive growth and expansion of the ecommerce market across the world. ▸ Card values will decline to 20% of transaction value by 2028, from 31% in 2023, reflecting a major shift as the ecommerce market expands. ▸ BNPL is steadily growing its share of ecommerce values, from 4% in 2023 to 5% in 2028, reflecting steady progress outside of key, already highly saturated markets, such as Australia, Germany and Sweden. ▸ A2A payments are seeing strong growth, from 8% of ecommerce spend in 2023 to 16% in 2028, a dramatic increase, reflecting major shifts in this market. Why Going Global Needs Local Payment Solutions As someone who knows payments, I'll explain why understanding local preferences matters for success worldwide. Thinking Globally, Acting Locally: ▸ One-size-fits-all no longer works: Countries have very different ways to pay. If you ignore this, you'll lose sales. ▸ Welcome local favorites: Give your customers the payment methods they like. This shows respect for their choices and helps build trust. ▸ Give a variety of payment options: People enjoy choices when shopping online! In some places, folks use several ways to pay. Don't stick to just one. ▸ Make the user experience smooth: Cost might not be the main factor. An easy and familiar way to pay is crucial to get more sales. Keep in mind, a global outlook means changing how you do things in each market. When you cater to local payment likes, you'll open up a whole new world of chances. Source: Boku (Link in comments) #DigitalPayments #Fintech #Payments #Ecommerce #Cards

We’re thrilled to announce our latest partnership with Alipay+, a suite of cross-border mobile payment and digitalisation technology solutions operated by Ant International, as a new alternative payment method for our axept® PRO POS payment terminals. Alipay+ revolutionises the payment process for over 50,000 UK merchants using these POS terminals to accept direct payments quickly and easily from global tourists, primarily from Asia. This is a significant advantage for sectors such as hospitality, tourism, travel, and more. At launch, users of 14 Alipay+ partner e-wallets can make mobile payments with their enabled home e-wallets at hospitality merchants, making the payment process a breeze for both you and your customers. Arif Babayev and Nurlan Zhagiparov, Co-Founders of DNA Payments, commented: "Being an innovator in the UK's digital economy for secure mobile payments is a key driver to our success in the payments space. Working with partners like Alipay+ moves us forward as leaders by example to serve our merchants, partners and their consumers within sectors such as tourism, F&B, hotels & hospitality and retail for non-cash, quick, simple and unified payments." Read more about our partnership here https://lnkd.in/etHtfxas #fintech #paytech #payments #fintechnews #paymentsnews #dnapayments #alipay #paymentmethods #APMs #mobilepayments #digitalwallets #ewallets #pos #paymentterminals #paymentsolutions #simpleunifiedpayments #alternativepayments

Digital payments in the MENA region have grown exponentially over the years, according to a study by fintech firm Checkout.com, driven by the region’s accelerated adoption of digital commerce, which continues to see a deepening consumer preference for online shopping. Checkout.com’s total processing value has witnessed a robust 658 per cent surge since the onset of the pandemic or 78 per cent year-on-year growth over the past two years. The report highlighted that the preference for cash on delivery in the MENA region has halved from 41 per cent to 20 per cent over the past 48 months, driven by a broader acceptance of digital payments, cards and digital wallets. Checkout.com | #MENA | #ecommerce | #digitalpayments

The 2024 edition of The Global Payments Report from Worldpay shows #digitalwallets continuing their lead as the world’s fastest-growing payment method. Last year, wallets accounted for 50% of global e-commerce spend (over $3.1 trillion) and 30% of global #pointofsale (POS) spend, or more than $10.8 trillion. By 2027, Worldpay project that wallets will constitute 49% of all global transaction value, or more than $25 trillion. Focusing in on the digital/physical divide, this year’s study sees e-commerce surpassing $6.1 trillion in sales value – and online transactions rising twice as fast as physical POS. #Ecommerce is projected to grow at 9% per annum through 2027 compared to 4% for POS transactions. In 2023, e-commerce made up 14.4% of all commerce; by 2027, it’s forecast to exceed 17% https://lnkd.in/dd9jH6KP

Having a smooth checkout process is crucial in the fast-moving world of ecommerce to retain customers on your online store and increase conversions. MPay PH is a significant player in the payment systems industry that can significantly improve user experience. Incorporating MPayPH 's checkout process into your online store can simplify transactions and enhance the overall shopping experience for your customers. Read here: https://bit.ly/4dSWAIW