Thursday , March 28, 2024

Marketing

OLB Group Adds QR Code Acceptance to Its Gateway

OLB Group is the latest processor to support Quick Response codes as merchants look for ways to adopt contactless-payment options in the wake of the ongoing Covid-19 pandemic. OLB will support dynamic QR codes, which are generated in real time for each transaction, on its cloud-based OmniSoft business-management platform and …

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With VizyPOS, VizyPay Aims to Bring Sophisticated Analytics to Small Sellers

App-based technology for point-of-sale transactions has been a preserve of POS system providers like Square and Clover, but now smaller independent sales organizations are looking for a piece of that growing pie. Early Thursday, VizyPay LLC announced VizyPOS, an app that can control such functions as cash discounting and real-time …

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Paysafe’s New Loyalty Program and other Digital Transactions News briefs from 4/1/21

Paysafe Group Holdings Ltd. has launched Neteller Knect, a loyalty program for users of its Neteller digital wallet. The program is active in more than 100 countries. Paysafe earlier this week went public via its merger with Foley Trasimene Acquisition Corp. II.Sightline Payments, a startup specializing in payments for the gaming, lottery, and …

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RocketFuel Becomes the Latest Facilitator of Cryptocurrency Acceptance by Merchants

The drive to build merchant acceptance of cryptocurrency continues to gain momentum with RocketFuel Blockchain Inc.’s announcement on Wednesday that it is rolling out a one-click, blockchain-based payments solution for e-commerce transactions. RocketFuel’s service supports payments or direct bank transfers in 43 cryptocurrencies. The first two merchants to adopt the …

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23.1 Billion ACH Payments in 2020 and other Digital Transactions News briefs from 3/31/21

The top 50 originating institutions for automated clearing house transactions accounted for 23.1 billion payments in 2020, up 8.6% over 2019 and nearly 93% of all commercial ACH payments, according to Nacha, the governing body for the ACH. The 50 largest receiving institutions controlled 61.2% of volume with 16.4 billion payments, …

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PayPal Takes the Next Step in its Cryptocurrency Odyssey: Merchant Acceptance

Continuing its push to make cryptocurrency a mainstream payment option, PayPal Holdings, Inc. on Monday announced that it will accept cryptocurrency at checkout.  The move builds on PayPal’s strategy of increasing the utility of cryptocurrency so it can become a mainstream payment option. PayPal took the first step in that …

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Visa Moves ‘Beyond the Card’ With an Expansion of Visa Direct to Bank Accounts

As payments providers ramp up fast-payment capabilities that don’t depend on existing card-payment rails, pressure has mounted on the dominant U.S. card networks to enable quick transfers from senders to accounts held by receivers worldwide. Visa Inc. on Tuesday, for example, announced Visa Direct Payouts, which allows users to send …

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Walgreens Banks on InComm and other Digital Transactions News briefs from 3/30/21

The Walgreens pharmacy chain said it will launch a bank-account offering through payments provider InComm Payments that will also feature a MetaBank-issued Mastercard debit card that will allow users to earn rewards through the Walgreens loyalty program. The pharmacy chain will also re-launch its gift card program through InComm.In related news, InComm …

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EMVMadeEZ Debuts and other Digital Transactions News briefs from 3/29/21

Amadis, Advanced Mobile Payment Inc., and Texas Engineering Consulting Systems and Services said they launched the jointly-developed EMVMadeEZ, a pre-certified EMV migration product for automated fuel dispensers. The product enables convenience store operators, small chains, and single gas station owners with an EMV-at-the-pump service.Payments-technology provider AEVI International GmbH said it is …

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Subscription Specialist Joins Stripe Program and other Digital Transactions News briefs from 3/26/21

Ternary Developments Inc. has joined the Stripe Partner Program, which enables clients to accept online payments via Stripe Inc. Ternary provides a cloud-based platform for Discord social-engagement communities.Appetize Technologies Inc., a provider of management software for the food-and-beverage industry, announced integrations with payments processor Paytronix Systems Inc., gift card provider Givex Inc,, …

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Digital Transactions