PayPal adds support for local payments services

Introducing the new PayPal Checkout, built to drive conversions — PayPal — “Smart Payment Buttons are checkout buttons that dynamically present the most relevant payment methods for each customer in each geography… Over the next few weeks, we will enable iDEAL for customers in the Netherlands, Bancontact for customers in Belgium, MyBank for customers in Italy, Giropay for customers in Germany and EPS for customers in Austria… We expect to roll out many more local payment methods this year.”


Retailers raise concerns over card networks’ plans for a single buy button

Visa, Mastercard push for one-click ordering. Retailers say ‘not so fast’ — The Wall Street Journal — “Representatives of large retailers including Walmart Inc and Home Depot Inc met with federal regulators this week to raise concerns about a new online payment initiative that Visa Inc and Mastercard Inc are preparing to roll out… Retailers’ main concern with combining the buttons is that merchants won’t be able to route their debit card transactions to lower-cost networks.”



Google Pay begins to roll out on the web

5 ways Google Pay can save you time and money at checkout — Google — “We’re starting to roll out Google Pay on the web from desktop and iOS — which means you’ll start seeing it when you’re shopping on browsers like Chrome, Safari, and Firefox, no matter your device… Once you’ve added a card to Google Pay, you won’t need to enter your payment info again — even when you’re checking out in an app or on a site for the first time. And if you’re checking out on Chrome, Google Pay can automatically fill in your billing, shipping, and payment info, so you don’t have to bother with forms.”


Mastercard CEO: Single buy button to start rolling out at the end of this year

Q1 2018 Mastercard Inc earnings conference call — Mastercard — “I’m a big supporter of the single checkout button. I think it’s transformative for the industry as a whole, for the ecosystem… Somewhere over the course of the latter part of this year, you’ll begin to see the first aspects of this coming out into the marketplace. You’ll probably see a real push in the early part of next year.”


Card networks to co-develop single buy button for online transactions

Shiny new button may help Visa, Mastercard and AmEx fight PayPal — Bloomberg — “Visa Inc and Mastercard Inc, the world’s largest card networks, told an industry conference they will combine their Visa Checkout and Masterpass payment options into a single button. Spokesmen for American Express Co and Discover Financial Services said their firms also will join the project… The new system will rely on Visa and Mastercard’s token technology.”


PayPal adds buy buttons

PayPal has unveiled a new platform that enables merchants and partners to embed buy buttons in emails, social shares, blogs, articles, ads and apps through a set of APIs... More





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