Tagged: amazon

July 25, 2022 @ 4:35 pm By JD Alois  |  

Amazon, (NASDAQ:AMZN) has announced a new service for its customers running storefronts on the Amazon marketplace – a Sellers Wallet; a new digital wallet that aims to “simplify the global Amazon selling experience.” The Seller Wallet is described as one of the payment options and… Read More

July 6, 2022 @ 12:59 pm By Omar Faridi  |  

As part of Amazon Egypt’s ongoing commitment to improve its shopping experience and offer clients in the country with flexible and affordable payment options, Amazon Egypt (amazon.eg) is offering installment plans via valU, the Buy-Now, Pay-Later (BNPL) lifestyle-enabling Fintech in MENA, a subsidiary of EFG… Read More

April 2, 2022 @ 12:30 pm By Omar Faridi  |  

Chase has announced a multi-year extension of the co-branded Amazon Prime Rewards Visa Signature credit card. The extension aims to reinforce the more than 20 years-long commitment between Chase and Amazon to offer card-members the best in rewards, benefits, and customer service. Marianne Lake, co-CEO… Read More

January 27, 2022 @ 10:01 am By Omar Faridi  |  

Amazon (NASDAQ: AMZN) has reportedly decided to backtrack on its initial plans to stop accepting Visa credit cards in the United Kingdom. The digital commerce company had been expected to stop UK consumers from using their Visa-issued credit cards for purchases via its platform, effective… Read More

January 17, 2022 @ 9:35 pm By JD Alois  |  

As was reported earlier, Amazon UK has hit the pause button on an earlier announcement that it would stop accepting Visa for transactions in the UK. Of course, the decision to cease allowing Visa was due to the very high fees associated with using the… Read More

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

December 20, 2021 @ 10:08 pm By Omar Faridi  |  

The team at Indian Fintech Razorpay notes that if you are running a business on Amazon (NASDAQ: AMZN), then you are probably well aware that effective cash flow can be vital to the scalability of your business. Whether your business is growing or just starting… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 6, 2021 @ 11:11 am By Tony Zerucha  |  

While Amazon’s (NASDAQ:AMZN) recent decision to stop accepting Visa (NYSE:V) credit card payments in January is causing some short-term disruption, it’s a calculated move, Forter’s head of strategic partnerships for EMEA and APAC Neil Smith said recently. Beginning Jan. 19, 2022, Amazon will no longer… Read More

November 28, 2021 @ 8:30 pm By Omar Faridi  |  

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

November 19, 2021 @ 9:52 pm By Tony Zerucha  |  

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

November 19, 2021 @ 1:10 pm By Tony Zerucha  |  

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

November 17, 2021 @ 3:22 pm By JD Alois  |  

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

November 8, 2021 @ 4:38 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

October 22, 2021 @ 11:26 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

October 14, 2021 @ 11:17 am By Omar Faridi  |  

PCI Pal (LON: PCIP), the international provider of secure payment services, has announced a new integration with Amazon Connect to provide its clients globally with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions. Businesses of all sizes are now… Read More

September 22, 2021 @ 10:55 am By JD Alois  |  

Amazon (NASDAQ: AMZN) has announced Amazon Community Lending in partnership with Fintech lender Lendistry. Amazon is, of course, the most popular e-commerce site in the US and many other places. Lendistry is a minority-led online lender for small businesses and commercial real estate. In a… Read More

September 2, 2021 @ 9:05 am By Omar Faridi  |  

Heroes, an established digital commerce firm which acquires, operates and scales “top performing” Amazon brands, reveals that it has finalized a $200 million round from US-headquartered investor Crayhill Capital Management. As mentioned in an update shared with CI, the investment round will aim to facilitate… Read More

August 30, 2021 @ 7:50 am By Omar Faridi  |  

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), recently revealed that Sun Life (TSX: SLF) (NYSE: SLF) has chosen AWS as its Cloud tech  provider in order to become a “Cloud-first” organization, supporting ongoing innovation, and develop digital client experiences. Sun Life… Read More

August 29, 2021 @ 11:08 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More