LegitScript, the leader in merchant and product certification and monitoring in the e-commerce and payment sectors, announced its successful completion of Service Organization Control (SOC) 2 examination and Type II Compliance, as well as ISO 27001 certification. Completion of these two standards further strengthens LegitScript’s commitment to being a trusted and secure partner for its clients and their data assets.
Payments volume grew 34 percent to $2.7 trillion (as measured in constant dollars). The company said that overall credit payments volume was $1.2 trillion, up 31 percent in constant dollar terms. Debit payments volume, at $1.4 trillion, was 37 percent higher than last year.
The swift reversal came after pushback from content creators on OnlyFans, some of whom lost work during the pandemic and now earn an income through the site.
The race to control the buy now, pay later (BNPL) race has taken its latest surprise turn as FinTech giant Square has announced plans to buy Australian BNPL firm Afterpay in an all-stock deal worth about $29 billion, according to a press release.