Payment Methods

B2B Payments
NHS Shared Business Services Makes E-Invoicing Push
May 30, 2014

NHS Shared Business Services (NHS SBS) announced this week that it has partnered with the Tradeshift e-invoicing platform to eliminate its reliance on paper invoices and to improve the payment process for health care organizations and their suppliers. According to a Government Computing article, NHS...

B2B Payments
Capital Business Credit Creates Credit Extension Offer For Importers
May 30, 2014

Commercial finance company Capital Business Credit (CBC) announced recently that it now has an option for importers to extend their credit terms. According to a Trade Financing Matters blog post, CBC developed Supplier Early Payment (SEP), which allows importers to extend credit for up to 90...

International
New Korean eCommerce Firm Raises $100 Million
May 30, 2014

Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Company chief Bom Kim plans to investfurther in the company’s mobile services, according to the funding announcement. “Coupang is the leading online retailer in...

Europe
Mobile Accounts For One-Third Of UK Online Retail: Report
May 30, 2014

Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. A year earlier,...

Alternative Finances
Who Says FX Needs To Be Reinvented?
May 30, 2014

The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...

Alternative Finances
ControlScan Hopes To Better ‘Guide’ Customers With Site Redesign
May 30, 2014

ControlScan announced on May 29 that it had redesigned its PCI Compliance Guide website. The payment security and compliance solution provider said in a company statement that the website is meant to keep merchant service providers (MSPs) and small to mid-sized businesses (SMBs) current on changes...

Mobile Commerce
Google Enhances Ecommerce Functionality
May 30, 2014

Google announced during the Google Analytics Summit 2014 that it had created a new feature designed to better understand customer behavior and the effectiveness of merchandising efforts. The Internet powerhouse company released what it calls “Enhanced Ecommerce,” in an effort to help businesses better understand...

Loyalty & Rewards
PYMNTS Exclusive: “Freemium” App Model Rules All, Says Bango
May 30, 2014

Apps are limiting business models, and the basic “pay to play” model has been challenged, according to recent analysis from Bango, a mobile payments solution for app stores such as Google Play, BlackBerry World, Windows Phone Store and Firefox Marketplace. The results shared exclusively with...

Mobile Commerce
New Mobile Wallet Application Launches
May 30, 2014

On May 29, DSB Bank announced that it had launched DBS PayLah!, its mobile wallet application. According to a recent Today article, the application lets DSB customers, as well as POSB customers, to use their mobile phones to pay for purchases, send and receive funds...