ayPal has signed a deal with petrol station payment provider, Gilbarco Veeder-Root that will see its mobile payment service become an option across the US. Initially, PayPal will be integrated with Gilbarco’s point-of-sale (Pos) product before becoming a part of all of its media and merchandising solutions.
Gilbarco claims to have more than 30,000 PoS systems installed at petrol stations and shops across the US. The deal comes as part of PayPal’s efforts to become a leading payment provider outside of the internet. To date, the firm has agreements to provide mobile payment solutions to 23 retails, 12 of which are now live in 18,000 locations
Booking travel arrangements online has never been faster, cheaper, or more convenient for consumers. The rise of smartphones in particular has resulted in an uplift in last minute bookings, and with the younger generation driving the digital shift, travel operators need to deploy mobile-first experiences, or run the risk of being left behind.
New research by UN-based Better Than Cash Alliance show that Alipay and WeChat Pay enabled a total of $2.9 trillion in digital payments in China last year.
The Second Payment Services Directive (PSD2) is a payments regulation in Europe, which is set to drastically impact the infrastructure for banks, fintechs and businesses using payments data by opening up access to third party providers.
For e-commerce marketplaces, user experience has long been a prime focus. From aesthetic quality to ease of use, UX plays a major role in determining whether consumers stick with the platform long-term or abandon it in favor of a competitor.