Europe

After two years of getting its footing in the U.S. and South American markets, Poynt is ready to expand into Europe.

Visa said its investment in Klarna will advance online and mobile commerce across Europe, but there are broader implications for other markets and consumer groups.

The company has added six new markets in Europe, where it has already established a beachhead for its e-commerce technology.

In the race between China’s two leading mobile wallets—Alibaba’s Alipay and Tencent’s WeChat Pay—to expand their users and merchants around the world, WeChat Pay is drawing even in Europe.