Friday , March 29, 2024

BlueSnap Notes M-Payments Increase and other Digital Transactions News briefs from 11/30/17

  • B2 Processing Solutions launched the B2 PINPad Drivers, a product to help merchants migrate point-of-sale applications to EMV and contactless payments.
  • Payments provider BlueSnap Inc. said its merchants experienced a 125% increase in mobile-wallet use on Thanksgiving, 124% increases on Black Friday, the day after Thanksgiving, and a 79% increase on Cyber Monday, the Monday following Thanksgiving.
  • Consumer-finance provider Affirm Inc. said it joined Shopify Inc.’s Shopify Plus Technology Partner Program.
  • In related news, Shopify, which operates a commerce platform and offers payments services, said its more than 500,000 merchants in 175 countries sold more than $1 billion in gross merchandise volume during the Black Friday and Cyber Monday weekend.
  • Correction: Christopher Kronenthal has been appointed president of FreedomPay and remains chief technology officer. An “In Other News” item on Nov. 28 omitted the fact that he remains CTO.

Check Also

Buying Groups Might—or Might Not—Give Merchants More Negotiating Power with the Card Networks

Card-acceptance costs and network rules weren’t the only subjects covered by the sweeping settlement revealed …

Digital Transactions