Today, in the connected economy, WhatsApp offers cashback on peer-to-peer (P2P) payments in a bid to attract new customers in India. Additionally, Charter Communications and Comcast are teaming up to launch a new streaming service, and Klarna hopes to expand its buy now, pay later (BNPL) offering in Canada with the help of Global-e.
WhatsApp launches cashback on peer payments in India
The meta-owned messaging platform WhatsApp hopes to lure more users in India to the app by offering cash rewards for P2P payments. WhatsApp is also planning a pilot cash rewards program with merchants, a move that will position WhatsApp to better compete with rivals such as Google. Indian regulators recently gave WhatsApp approval to more than double its payment offering to its 100 million users in India, which is the app’s largest customer base at more than half a billion. of users.
Charter, Comcast Partner for Next Generation Streaming Platform
Charter Communications and Comcast have formed a 50-50 joint venture to launch a new streaming platform. The new platform will work on 4K streaming devices and smart TVs, and the company “will give app developers, streamers, retailers, carriers and hardware manufacturers the ability to reach customers across major markets across the country with the platform,” the companies said.
Klarna teams up with Global-e for Canadian expansion
Buy Now, Pay Later (BNPL) Klarna is expanding its partnership with cross-border e-commerce provider Global-e to expand its installment payment offering in Canada. Merchants selling in Canada using the Global-e platform can access Klarna’s installment payment options. Global-e clients include Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs and Marks & Spencer.
Flexa Launches Flexa Payments for App-Based Digital Currency Payment Acceptance
Digital payment network Flexa has launched Flexa Payments, a set of tools that allows merchants to instantly accept 99 digital currencies from any app or wallet. Flexa Payments includes real-time authorizations and regulatory compliance, flexible settlement options, and is compatible with all digital currency wallets on 12 blockchain networks. Additionally, Flexa Payments allows merchants to accept digital currency wherever they receive payments – online, in-store, and through their mobile app – and empowers users to choose the right network and digital currency.
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NEW PYMNTS DATA: THE FUTURE OF BUSINESS SUPPLIER INNOVATION STUDY – APRIL 2022
On: While more than half of SMBs believe an all-in-one payment platform can save them time and improve cash flow visibility, 56% believe the solution could be difficult to integrate with AP systems and existing ARs. The Future Of Business Payables innovation report, a collaboration between PYMNTS and Plastiq, surveyed 500 SMBs with revenues between $500,000 and $100 million to explore how all-in-one solutions can exceed customer expectations. SMEs and help sustain their activities.
