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Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold

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In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on their antitrust investigation into Amazon and Flipkart. Puerto Rico Falls Prey To $4M Online Fraud. Also, Flywire raised $120 million and acquired Simplee Healthcare.

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Off The Continent And Into Puerto Rico For Online SMB Lending

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In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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MoneyGram Extends Relationship With Walmart

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Puerto Rico and on its digital platform at walmart.moneygram.com. In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. . million in revenue. Total revenue was $279.8

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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

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Mark Worden, president and chief customer officer, told SGB Media that the move to online shopping amid the pandemic helped boost the bottom line, with ads pulled from TV and print and moved to digital channels. . and Puerto Rico, the shoe retailer is planning four new locations. Gross profit increased $3.0

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Petco’s $864 Million IPO Beats Forecasts 

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The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. Mexico and Puerto Rico, including a network of more than 100 in-store veterinary hospitals. billion in 2019. .

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

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In a press release , the company said it aims to provide its customers with the “fastest same-day retail pickup offering available today.” Customers can shop online or using a revamped mobile app for “health and wellness items, and then pick them up in the store, curbside or at the drive-thru in as little as 30 minutes,” per the release.

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Walgreens Teams With Postmates For Expanded Delivery

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People can place orders using the Postmates mobile app or by visiting postmates.com online. with about 8 million customers daily, either online or in the stores. 31, 2019, Walgreens had 9,277 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. With Postmates Unlimited for $9.99 Virgin Islands.