Liberis, a provider of cash advances to small businesses, has teamed with Worldpay to offer Britain’s small businesses the ability to take an unsecured cash advance based on their future credit and debit card sales.
According to new research 60% of Americans created or used an online account with a retailer in the last 12 months, which suggests convenience ranks top-of-mind for U.S. shoppers. In fact, 47% said they create online accounts because it is quicker and easier to shop.
The use of facial recognition technology to help combat card fraud in stores is being explored in the payments industry. “PED Cam” (Pin Entry Device Camera) uses an upward-facing camera, embedded into a standard card terminal to take a picture of the card-user whenever they enter their PIN.
Worldpay has unveiled Insights Services its big-data analytics proposition, harnessing the power of Worldpay’s payments information enabling retailers to better understand aggregated consumer spend and preferences, both online and in-store.
Worldpay and Zuora have inked to launch an integrated global payments solution which will enable businesses to offer smarter online subscription models for everything from digital software to music, movies, marketplaces, news, video games, sports, social and TV.
Worldpay says small business owners are the backbone of the UK economy, however many claim running their own company has proved tougher than imagined, and worry conditions are getting worse.
Chinese software industry’s largest exporter by volume, Wondershare, has chosen Worldpay for its complete payments infrastructure. The move will help Wondershare to improve payment acceptance in its priority markets, underpinning its ambitious global expansion plans.
Worldpay and Paymetric have buddied up to launch a payments solution that will help businesses trade globally by integrating payments technology with ERP, CRM and legacy applications to reduce risk, cost and inefficiency.
Worldpay’s new Dynamic 3D Secure (3DS) solution will soon be available to merchants. The solution offers e-commerce businesses greater transaction acceptance success whilst giving them more flexibility and control over fraud prevention.
IndusInd Bank Limited has teamed with Worldpay to offer domestic acquiring services in India. Worldpay already offers local acquiring across 45 countries and by having a partnership in India, the company will be able to acquire Indian merchants domestically.
In today’s CardFlash News Que: INGENICO (Intel); BANKRATE (Quizzle); POWA (Worldpay); and DICARO (ATMs).
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Matt Downs SVP Channel – Integrated Payments of Vantiv.