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Network Merchants Closes Creditcall Acquisition and other Digital Transactions News briefs from 3/5/18

  • Network Merchants LLC, a technology provider for independent sales organizations, acquirers, and independent software vendors, closed its previously announced acquisition of gateway and EMV technology provider Creditcall for an undisclosed price.
  • Digital cross-border person-to-person remittances will total $300 billion by 2021, up from an estimated $225 billion this year, according to Juniper Research.
  • Nearly one quarter of Canadians have clicked on a link that resulted in a phishing scam, according to results of a survey by Interac Corp., operator of Canada’s debit network.
  • Payment platform provider Shopify Inc. appointed Amy Shapero as chief financial officer. Shapero most recently was CFO at Betterment Holdings Inc., an online wealth-management service.

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Digital Transactions