PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
The Power of Two
NETS and ITMX simplify QR for Thailand locals. Thailand’s interbank payment infrastructure, ITMX, and NETS have partnered together to benefit local consumers. With the ITMX-NETS program, Thai mobile wallet users will soon be able to scan the NETS QR code and NETS Pay users will be able to scan the Thai standardized code, enabling consumers from both Thailand and Singapore to use QR codes to pay in either country. From Fintech Singapore.
What is Wall Street saying about Square? A lot! Regarding their third quarter earnings and fourth quarter projections specifically, the company received accolades for a third quarter revenue report that exceeded expectations, but their fourth quarter projections seem to disappoint. And while analysts project Square stock will continue its upward momentum, there are a few things for shareholders to keep in mind. From Business Insider.