Justt, a chargeback mitigation pioneer, today announced the launch of Optimus, a powerful new chargeback intelligence solution.

“Amazon’s recent agreement with Visa illustrates the moveable feast that is the current payments ecosystem. Amazon’s position as an enormous global retailer enables them to negotiate card scheme pricing, a standard for all merchants. So why can’t smaller businesses do the same? This increases the pressure on independent merchants who do not have the buying power of Amazon. Many of these businesses already pay thousands of pounds per year, only to face mid-contract price increases.

Trustly, the leading global payments platform for digital account-to-account transactions, is proud to introduce FlexPay by Trustly, a new product that gives consumers the flexibility to defer the settlement date of a debited amount to a date in the future. Merchants will have the ability to configure the deferred settlement periods to up to 30 days. 

The financial details weren’t shared, but two sources told “Reuters” that the price tag of this cash and equity deal was $100 million.

As eCommerce continues to grow, so does the online payment ecosystem. Never before have there been so many payment options, industry players, and regulations. Regulatory complexity has added friction to the payment process, impacting customer experiences and causing significant revenue loss among merchants. Research shows that up to 30% of potential merchant revenue is lost due to payment friction. 

ApolloX has partnered with a crypto-focused payment service provider (PSP) and regtech firm, Banxa, in order to allow its users to purchase crypto via Visa or Mastercard credit and debit cards.

Embedded fintech leader Payrix today announced it has been acquired by financial technology leader 

Paywallet LLC, a payroll-linked verification and remittance ecosystem, today announced it has attracted $14 million to date in funding including a recently closed $8.82 million Series A funding round.

The firm is among the 16 Italian companies selected to take part  in TechShare, Euronext's pan-European pre-IPO educational programme that supports technology companies aiming to go  public. 

Objectway, a global top 100 wealth, banking & asset management software provider, joins TechShare, the pan-European pre-IPO  educational programme by Euronext supporting technology companies aiming  to go public.  

Mastercard recently collaborated with leading retail group Massmart to connect Small, Medium and Micro-Enterprises (SMMEs) to affordable digital commerce solutions, enabling a safe transition away from cash.