Tuesday , December 10, 2019

Digital Transactions News staff

Payroc Buys POS Tech Developer and other Digital Transactions News briefs from 3/6/19

Payments provider Payroc LLC announced it acquired Detrok Technology Services, a developer of technology for point-of-sale, payment, and other functions in the hospitality industry. Terms were not disclosed. Payments provider Powertranz said it and NCR Corp. integrated the Powertranz software development kit and payment gateway into the NCR Aloha point-of-sale …

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Fleetcor To Buy Nvoicepay and other Digital Transactions News briefs from 3/5/19

Fleetcor Technologies Inc., a business-to-business payments provider, said it has agreed to acquire Nvoicepay Inc., a provider of accounts-payable technology. Terms were not disclosed. Private-equity firm Napier Park Financial Partners invested $10 million in Nvoicepay in 2016. Mobile point-of-sale specialist CardFlight Inc. said its SwipeSimple product now includes the ability …

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i3 Verticals’ $20 Million Acquisitions and other Digital Transactions News briefs from 3/4/19

Payments company i3 Verticals Inc. announced the acquisition of two unnamed companies at a combined price of approximately $20 million. One is in the public sector and the other is in wireless Internet-service billing. Countering the impression that most users of digital-payments services skew younger, half of first-time person-to-person payment …

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Accenture Invests in P97 Networks and other Digital Transactions News briefs from 3/1/19

Business-services firm Accenture invested in and formed an alliance with P97 Networks Inc., a cloud-based mobile-commerce firm specializing in automotive. As part of the agreement, Accenture will develop products from P97 for its clients. P97’s PetroZone service is installed at more than 20,000 U.S. filling stations. Terms of the investment …

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NetCents Technology Signs ISO Agreement and other Digital Transactions News briefs from 2/28/19

NetCents Technology Inc. said it signed a 5-year reseller agreement with an undisclosed independent sales organization. The ISO will bundle NetCents’ gateway and cryptocurrency acceptance into its offerings. The Electronic Transactions Association and Worldpay are bringing 10 startup companies to the ETA’s annual Transact conference. The 10 companies, part of …

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CannaTrac Releases Developer Tool and other Digital Transactions News briefs from 2/27/19

CannaTrac, a cashless mobile-payment service for the cannabis industry, released an application programming interface for point-of-sale software developers. JPMorgan Chase & Co. CEO Jamie Dimon told investors the bank’s JPM Coin, a blockchain-based token now in test for intrabank corporate payments, one day could be offered to consumers, Bloomberg reported. …

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Hackers Strike Again and other Digital Transactions News briefs from 2/26/19

Hackers gained unauthorized access to credit or debit card data stored with software company CentralSquare Technologies and used for one-time water-bill payments made through the city of Pompano Beach, Fla.’s Web site from Aug. 30 to Dec. 6, 2018, the South Florida Sun-Sentinel reported. Nearly 3,800 customers made one-time payments …

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NCR Acquires Hospitality POS Provider and other Digital Transactions News briefs from 2/25/19

NCR Corp. announced it acquired BEC, said to be a leading provider in Colorado of point-of-sale technology for the hospitality industry. BEC, which accounts for 2,600 sites, has been an NCR reseller for 23 years. Terms were not announced. After years of unsuccessful attempts to win government approval to operate …

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PayPal Debuts Rainbow Card for Venmo and other Digital Transactions News briefs from 2/22/19

PayPal Holdings Inc. introduced a so-called rainbow card for users of its Venmo peer-to-peer payments service. The colorful plastic, available for a limited time, is the latest version of a debit card PayPal launched last year to allow users to pay merchants with their Venmo balance. As with the original …

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Goldman Sachs in Apple Credit Card Deal and other Digital Transactions News briefs from 2/21/19

Apple Inc. and the Goldman Sachs Group Inc. will begin issuing a joint credit card this spring, The Wall Street Journal reported. The new card will tie into the Apple Wallet. Apple’s brand already is on a credit card issued by Barclaycard. It is unknown what will happen to that …

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