Visa Q2 Volume Surges, Facebook Users And Advertisers Lean Out, Alexa Takes On Yelp.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 26, 2018

Japanese eCommerce

Paidy CEO: Turning Cash To Digital For Japanese Merchants

How is it that a country with 3.2 credit cards per consumer still counts cash as a predominant method of payment for online purchases? Paidy CEO Russell Cummer told Karen Webster that asking why isn’t as important as solving the problem for Japanese merchants and the consumers who shop with them. Fresh off a $55M funding round, he explains how Japanese consumers are using Paidy, and why enabling acceptance for merchants is only one part of its story.

 

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B2B Payments

The Secret To Supplier Onboarding

It’s not just about paper cuts. Payables is one of those major business operations still plagued with the money-wasting legacy of manual operations. On a new PYMNTS webinar, Karen Webster talks with Corcentric’s Dan Andrew about how platforms that digitize payables not only yield significant savings, but make it much easier for suppliers to get on board. Here’s how.

 

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PayPal Earnings

PayPal Hits 244.7M Users

Revenue was up, users were up, profit was up — but when it comes to PayPal's after hours stock price? That was down after investors were mildly spooked by PayPal's lower than expected Q3 guidance. But despite the bump — CEO Dan Schulman told investors he's confident that PayPal will continue to grow strong in the back half of 2018. Details.

 

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Travel Payments Report

NEW DATA: It Costs Travel Services Providers 5.4 Percent Of Sales To Process Payments — Here’s Why

Airlines, hotels and travel aggregators are the ultimate cross-border payments players. The complexity of managing those payments is evident in how much they spend processing them: 5.4 percent of sales, on average. That’s a $75 billion problem that 81 percent of those companies are highly motivated to solve, and innovators are more than happy to lead the way. Those details, and a lot more data points, in the brand new Travel Payments Study.

 

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