At a recent event for fintech startups, an investor noted that venture funding for seed and A rounds was growing scarce, while rounds for more-established firms continues apace. Today’s news from Israeli payments startup Zooz resoundingly supports that notion. The company raised some $24 million in a Series C round toRead More
Post Tagged with: "Spreedly"
Slower transaction times mean lost customers and lost revenue. Literally. Tyson Hackwood, head of Asia for PayPal subsidiary Braintree, said recently that reducing friction in the payment process is a key to payments success, which not exactly a secret. But he added in the video below that for every second a paymentRead More
Once again, Litle & Co. is the fastest payment processor in the world.
Litle & Co. is the world’s fastest payment processor — again. The Vantiv-owned company has topped the rankings every month of 2014, according to the GatewayIndex from Spreedly and Shopify. Litle processed transactions in 0.7 seconds on average in May. The slowest company tracked by the index for May was Melbourne-based Pin, which took anRead More
How did your payment processor do last month? Most companies will cite a 95% success rate in processing payments, according to payment gateway Spreedly, but the company’s data does not support this. Far from it. Spreedly has been tracking the success rate of its payment processors since last August —Read More