With Google making overtures into Amazon territory with a ‘buy button’ and newcomer Jet.com potentially pricing it out, the e-commerce giant could end up between a rock and a hard place. |  | | New Products & Technology |
An email sent to all Samsung Wallet users reveals the company will terminate the service this summer. Although no reason is given for the discontinuation, it is likely to be connected to Samsung Pay, which is coming out later this year. |  | | Chinese online retail firm Alibaba has released a brand new ‘dotless’ QR code in China, which is designed to clamp down on the rise of counterfeit goods. |  | |
Maksekeskus, an Estonia based payment solution company, has entered a new partnership with Paytrail, in an attempt to provide Finnish merchants with more online payment methods in the Baltic states. |  | | Oberthur Technologies (OT), the French digital security company, announced today that it will partner with Samsung for the South Korean company’s European launch of Samsung Pay. |  | |
Paidy, an e-commerce and instant credit platform operating in Japan, has announced that it has received over $8m in a Series A funding round, led by existing investors Arbor Ventures. |  | | | |