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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

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A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements

PYMNTS

In the latest Merchants Guide To Navigating Global Payments Regulations® , PYMNTS analyzes how the pandemic has affected SMBs in the EU, the United Kingdom and the United States. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

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Brazil’s Banco Inter Eyes Partnership With Uber For FinServ

PYMNTS

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. The launch is the first for Uber in a country outside of the United States, and it will be available in six Mexican cities initially: Mexico City, Tijuana, Monterrey, Puebla, Merida and Guadalajara.

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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. to launch an alternative crypto-enabled payment infrastructure for residents across the region.

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Esports Venue Coming To Mall of Georgia

PYMNTS

As the largest shopping destination in the southeastern United States, the Mall of Georgia includes more than 200 stores. Allied Esports’ new esports facility is a perfect complement to the mix of shopping, dining and entertainment options at [the] Mall of Georgia ,” said General Manager John DiCioccio.

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Grocers Struggle To Meet Panicked Demand In US, UK

PYMNTS

In the United States, demand for delivery services for groceries are so high that some customers are waiting seven days for orders that contain missing items, and servers for online services are crashing under heightened demand, according to a report by The Wall Street Journal. The stores are empty,” one manager said.

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