There are three areas where embedded finance is a good fit, and they are characterized by high volume and frequent payments, writes one industry executive
A Square outage last Thursday sent merchants into a financial tailspin, as thousands of Cash App and Square customers were unable to log into their accounts or accept payments.Merchants reported thousands of dollars in lost revenue
Conditions could be ripe for more payments deals in 2024, as legacy players seek to add unique technologies and struggling startups find themselves in need of an exit plan
Stripe has announced new features within its checkout suite, offering businesses more flexibility, including access to over 100 global payment methods.According to Stripe, businesses can now fully integrate its tools, products, and features without the need to build a proprietary solution from the ground up.“Stripe's new features are part of an effort to help merchants create an optimal checkout experience for each customer while requiring minimal effort from merchants,” said Daniel Keyes, Senior Analyst for Merchant Services at Javelin Strategy & Research.“Merchants are usually not payment experts and don't have time to construct the exact right payment flows for different types of consumers depending on their preferences and geographies, so these new features should boost Stripe's appeal,” he added.According to Abhinav Tiwari, Product Lead for Stripe's optimized checkout suite, the company is one step closer to the ideal checkout experience
Merchants can now accept Apple Pay, Google Pay, open-banking payments, as well as debit and credit cards through one integration, via a Hosted Checkout solution
