Zdre Paytm To Invest To Expand Bank Transfers
Open banking at retail 鈥?at the point of checkout 鈥?has the advantage of lowering the costs below traditional credit and debit options.Christina Potter, head of eCommerce at Trustly, told PYMNTSTV that paying by bank also has benefits for end consumers, tied to a better user experience and better security. Were not all that far away from seeing cash-back and rewards programs being offered in tandem with those payments, as consum
stanley borraccia er- and transaction-specific data help tailor those perks.For the consumers, she said, paying via bank allows them to leverage other payment methods b
stanley cup eyond credit cards, which she noted can be an expensive option, given the current interchange rate environment.The company, she said, offers a low cost and easy way for retailers to accept payments via bank accounts, using ACH rails. Trustly, she said, operates as one of the largest providers of ope
stanley cup n banking payments 鈥?and is on track to enable $100 billion in transactions this year as the firm works with some of the largest marketplaces and retailers.Lowering Transaction CostsOpen banking has the potential to lower transaction costs, Potter said. She said credit card transactions are reliant on a five-party model 鈥?tied to customers/issuing banks/merchants and acquiring banks. At every part of the process, she said, theres a fee to be paid. Trustlys ACH-focused model, she said, is a three-party construct, which cuts out the middlemen and gives merchants more control over payment flow, and consumers Gvqv Automotive and IoT Cybersecurity Software Firm Dellfer Nets $8M in Series A
German automaker Daimler just paid 鈧?0 million $85 million to buy the remaining 25 percent of carsharing company Car2Go that it did not already own.According to TechCrunch, the deal now brings Car2Gos valuation to 鈧?80 million $341 million .Founded in 2008, Car2Go originated in Austin, Texas and entered into Europe through a JV with car rental company Europcar in 2011. It has around 1 million users in the North American market.This is just the latest in a string of acquisitions and investments for Daimler. Late last year, it bought a majority stake in Chauffeur Priv茅, one of the leading private hire vehicle services in France. And last September, it also acquired Germany-based ridesharing company flinc. Over the course of the last several months, we have intensified our investments in mobility services in order to create a holistic mobility system with a broad portfolio, said Daimlers head of mobility services, J枚rg Lamparter. As part of this strategy, we decided to fully acquire the remaining shares in Car2Go Europe. Ironically,
stanley cup Daimler picked up its own majority shareholder earlier this week: Chinese company Geely, which owns Volvo.Daimler is buying its Car2Go stake from Europcar, which plans to use the proceeds to boost its investments into new mobility services. The company revealed it will invest between 鈧?50 million and 鈧?50 million in the next few yea
stanley quencher rs to buy or
stanley cup invest in businesses that it can fully own. We want to thank the Daimler Group for our longstanding
