Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Mastercard cracks down on 'free trial' subscriptions

Mastercard cracks down on 'free trial' subscriptions | Payments Ecosystem | Scoop.it
Mastercard is changing its rules to stop merchants using free trials as a ruse to charge for hard-to-cancel recurring subscriptions.
Vineet Anand's insight:

MasterCard introduces the largest irritant for most card holders wherein free trials translate to recurring billing; obtaining a consent will reduce the number of disputes and also bring transparency. 

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GoCardless raises $22.5 million

GoCardless raises $22.5 million | Payments Ecosystem | Scoop.it
London-based Direct Debit network GoCardless has raised a further $22.5 million in funding from existing investors Accel, Balderton Capital, Notion
Vineet Anand's insight:

GoCardless doubles its funding to $48 million; big boost for recurring billing payments with Oz and Denmark being added.

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JPMorgan Chase invests in Bill.com

JPMorgan Chase invests in Bill.com | Payments Ecosystem | Scoop.it
JPMorgan Chase has made an undisclosed investment in Bill.com and aims to use its technology to provide a simpler and faster way for businesses t
Vineet Anand's insight:

JP Morgan making attractive investments for SMB B2B invoicing and payments.

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Finextra news: Santander Innoventures invests $5m in MyCheck

Finextra news: Santander Innoventures invests $5m in MyCheck | Payments Ecosystem | Scoop.it
Finextra: The Israel-based MyCheck is the first major investment to be announced by the Spanish bank's $100 million venture fund.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.