Payments

Mangopay, a payment solution for marketplaces and crowdfunding platforms, has expanded its service to the UK. It has opened offices at a technology accelerator space in London. Mangopay has chosen Barclays as the sole provider of its UK banking services.

Swish, an app owned by six Swedish banks, can soon be used for ecommerce transactions. The payment solution that enables consumers to make real-time payments using their mobile phone has introduced a consumer-to-business solution and now wants to expand its service to the ecommerce sector.

Payment company Adyen processed over 21 billion euros ($25 billion) in payments transactions in 2014, which is almost an increase of 80% over 2013. At the same time the Dutch company grew by 100% in terms of revenue and by 40% in new customers.

German banks will start pilots in August of 2015 for their own online payment method. They want to build an alternative to the online payment service PayPal. According to Wilhelm Gans, director of the Deutschen Sparkassenverlags, they want to start such service when it's Christmas next year.

Dutch company Adyen, that processes payments for businesses including Google, Facebook and Airbnb, has raised 200 million euros. With the fresh funding, led by General Atlantic and with additional participation from Temasek, Index Ventures and Felicis Ventures, Adyen wants to accelerate the growth of its global payments platform.

Webshop software platform SEOshop will offer its own payments service starting December 1st. The Dutch company thinks that thanks to the new service its customers will benefit from the economy of scale of the SaaS platform. Online merchants should be able to pay much lower prices than they are used to.

Every country in Europe has its own set of things you should take into account when selling online over there. This is of course also the case for Poland, one of Europe's fastest-growing ecommerce markets. Here's what you should know about running an ecommerce site in Poland.

Businesses in Europe can now let customers pay online using Login and Pay with Amazon, a payments feature of Amazon. This way, customers can go from browsing to buying in just a few clicks. They don't have to create an account on third party sites anymore to complete a purchase.

PayPal's Pay After Delivery will soon be available in the Netherlands, which makes it the third country after the United States and Spain to offer this service to its customers. With Pay After Delivery customers get 14 days for their item to be delivered before they pay for their purchase.

Online payment solutions provider Klarna recently hired its first employee in America and is hoping to launch in the USA early next year, sources told the New York Times. The ambitious move comes after Klarna became available to British shoppers two months ago. Once started in its home country Sweden, Klarna is slowly moving towards global expansion.

The Dutch in general have a good reputation when it comes to paying their bills. Therefore paying by invoice and thus after delivery has been very common. Nonetheless the larger Dutch banks founded iDeal, an online payment method that forces consumers to pay in advance. The method is the most frequently used payment method among Dutch internet consumers. How does that effect post-pay behavior?

The European e-invoicing market shows some solid growth. Last year, there were 840 million electronic invoices getting processed and delivered to invoice receivers by members of the European E-Invoicing Service Providers Association. This represents a growth of 19% over 2012 volumes of 706 million.

Klarna has taken another step toward expanding its presence in Europe by launching its services in the United Kingdom. The Swedish ecommerce company will invest 125 million euros in product development and roll-out, Klarna’s CEO Sebastian Siemiatkowski confirmed at the London Technology Week. Klarna will have London as its base in the UK.

There are over 200 payment methods used around the world and credit card is one of the most popular methods. In the United States anyhow. In Europe however, there are countries were the credit card is rarely used. Alternative Payments made an interesting infographic about credit card alternatives.

The French ecommerce solution PrestaShop has expanded its ecommerce partnership with payment provider Authorize.Net. Merchants who use software from PrestaShop and have an Authorize.Net account now are able to prcoess payments in multiple currencies.