Friday , July 19, 2019

Evertec Revenue Increases and other Digital Transactions News briefs from 5/3/18

  • Inc. said Amazon Pay for Alexa Skills is generally available to U.S. merchants and developers. The service enables consumers using Alexa, the voice assistant embedded in Amazon’s Echo devices, to pay for purchases with information already stored in their Amazon accounts. Alexa users grant the merchant’s skill permission to use Amazon Pay as the default payment. TGI Fridays and 1-800-Flowers already use the service. The retailer also announced in-skill purchasing is available, enabling consumers to make one-time voice purchases that unlock special content or access, and enables subscription payments to premium features. Skills are the specific applications that allow Alexa to carry out instructions.
  • In related news, merchants using Pay with Amazon may recoup some of their acceptance costs, reported. Citing unnamed sources, Bloomberg said the e-commerce giant may share some of its discounted acceptance fees to smaller merchants that accept Pay with Amazon.
  • Processor Evertec Inc. said its first-quarter revenue of $110.3 million increased 8.9% from $101.3 million a year ago. Net income of $23.1 million was flat. Puerto Rico-based Evertec said sales volume is recovering on the island, and it expects “continued elevated spending driven by relief programs and insurance proceeds in Puerto Rico.”
  • Fraud-prevention specialist Accertify Inc., an American Express Co. subsidiary, updated its machine-learning capabilities to include dynamic risk vectors.
  • Amenify, a real-estate technology company, has acquired Mobile Butler, provider of mobile apps for rent and bill payments in multifamily settings. Terms were not announced.
  • Payments provider Fattmerchant said merchants using the 3dcart e-commerce platform now have access to Fattmerchant’s credit-card processing technology.
  • Net Element Inc. said its PayOnline subsidiary is working with Bank Sputnik to offer payment-facilitator services to merchants in Russia.
  • Consumer-financing company Splitit said U.S. and European consumers now can split purchases up to $400 into three monthly payments using their debit cards at participating merchants.

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