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PayPal Deepens LATAM Reach With MercadoLibre Integration

PYMNTS

In a statement published on LinkedIn by President and CEO Dan Schulman, PayPal revealed that Brazil- and Mexico-based users of MercadoLibre’s digital payment technology, Mercado Pago, will now be able to use PayPal for online checkout at merchants integrated with Mercado Pago. ” Analysts at Stephens Inc.

America 156
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Why P2P Could Soon Play A Leading Role In Middle East FinTech

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When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. Islamic Finance Growth.

Fintech 144
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Esker Integrates With Stripe Connect For Streamlined Payment Processing

PYMNTS

The integration will help to grow Esker’s order-to-cash (O2C) solution by allowing for secure online payment capabilities around the world. “As As the most innovative player in financial technology, Stripe was the clear choice for us,” said Esker CEO Jean-Michel Bérard.

Payments 174
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PayPal Deepens LATAM Reach With Mercado Libre Integration

PYMNTS

In a statement published on LinkedIn by president and CEO Dan Schulman, PayPal revealed that Brazil and Mexico-based users of Mercado Libre’s digital payment technology Mercado Pago will now be able to use PayPal to make payments at online checkout at merchants with integrated Mercado Pago.

America 130
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Rapyd Launches All-In-One Payment In Mexico 

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Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. Morgan Global Payment Trends. Mexico is one of Latin America’s high-growth markets.

Payments 153
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New Report: How FinTechs Help Brazilian SMBs Solve Their Cross-Border Payments Pains

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This venture into cross-border payments has only become more pronounced since the beginning of the pandemic, as stay-at-home orders have slashed brick-and-mortar revenue to record lows and forced these SMBs to rely on online options to stay afloat. Deep Dive: B2B Cross-Border Payments Face Regulatory Challenges, Lack Of Transparency.

Payments 157
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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

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The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd. and PT Danadipa Artha Indonesia. PSCU Extends Payment Processing Collaboration With Fiserv. PSCU, the CUSO, announced on Wednesday (Jan.