E-Commerce

Fiserv Inc. announced the acquisition of BentoBox, a specialist in online restaurant platforms and technology. BentoBox serves more than 14,000 restaurant locations. Terms were not disclosed.Mindbody, a payments and technology platform for the fitness industry, announced it has closed on its acquisition of ClassPass, a monthly subscription service also focused on …

VPC Impact Acquisition Holdings, a special-purpose acquisition company, announced its shareholders approved VPC’s acquisition of Bakkt, thus taking the digital-asset marketplace public.Payments-technology provider Worldnet Payments said it is the first integrated payments platform to complete a Level III EMV and contactless certification of Ingenico’s Self Series of devices. Ingenico is a unit of Worldline S.A.Payments …

In a deal that could have important implications for payments providers like Square Inc. and Stripe Inc., the United Kingdom’s SumUp Inc. early Thursday announced it has acquired Fivestars Loyalty Inc., a San Francisco-based payment facilitator for some 12,000 small businesses. The acquisition, SumUp’s first in the U.S. market, calls …

ZmBIZI LLC released its Z2 smart phone that accepts tap-and-pay transactions without requiring an external POS terminal. The $550 smart phone was part of a Visa Tap to Phone test earlier this year and is expected to have full commercial availability in early 2022.Visa Inc.’s U.S. Spending Momentum Index fell for the second consecutive month, …

Shop Bonsai Inc., which provides in-app checkout technology under the Bonsai moniker, said it and buy now, pay later specialist Afterpay are making it easier for consumers to shop on an online publisher’s site without leaving the site. Announced Wednesday, the arrangement enables Bonsai shoppers to potentially reduce the checkout …

Insurer Alliance Global Corporate & Specialty issued a report detailing how companies can protect their systems from an epidemic of ransomware attacks. Such attacks increased 62% in the first half 2021, year-over-year, following a 20% rise for all of 2020, according to FBI statistics cited by Alliance.Online gifting platform SmartGift said it is …

Despite consumers’ expectation that checkout during an e-commerce purchase should be fast and instinctive, most online merchants still have checkout procedures that add unnecessary friction, says a survey from online-payments powerhouse Stripe Inc. The report, released Tuesday, reveals that 96% of 200 North American e-commerce merchants surveyed had committed at …

Cryptocurrency payment processor BitPay Inc. said it completed an integration with Wix, an e-commerce platform, to enable BitPay’s Bitcoin and crypto payment processing as a payment option.Splitit USA Inc. said Discover cardholders can use the installment payments with their cards. Diners Club International and other alliance cards can be used, too. Splitit uses …

Despite a temporary setback at the start of the pandemic, merchant acquiring is getting back on a growth track that will see revenue expand at an 11.3% annual clip through 2025, nearly equaling the 11.8% rate chalked up from 2015 to 2019, according to a report and forecast released Monday …

Bakkt, a digital-asset marketplace, said its users can now load their Bakkt Visa debit cards into Google Pay and use the crypto-backed cards to make online and in-store payments where Google Pay is accepted. The consumer’s digital asset, such as Bitcoin, will be converted to fiat currency for these payments. …