Tuesday , November 19, 2019

Paysafe Adds Bank-Payments Service and other Digital Transactions News briefs from 6/27/19

  • Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site.
  • Via Transportation Inc., developer of a shared-ride app, said consumers can use Apple Pay in its app in New York City, Chicago, and Washington, D.C., to pay for rides.
  • Officials in Lake City, Fla., approved paying hackers $500,000 in Bitcoin to free the city’s computers from a ransomware attack, the BBC reported. Another Florida city, Riviera Breach, just last week approved paying fraudsters about $600,000 in Bitcoin following a ransomware attack.
  • A startup called Crypterium announced it has shipped 3,736 Bitcoin cards globally in the first week of the product’s availability, with the largest number of orders coming from the United States. The company says users can pay with the card online or in-store, and withdraw cash from ATMs around the world.
  • Commerce Signals, a retail-services provider, said Worldpay Inc. will offer the company’s services to its merchants.
  • Klarna, an installment-payment provider, said retailer H&M will offer Klarna within the United States later this year online and in its stores and will only make it available to members of H&M’s loyalty program.
  • Private-equity firm Calera Capital said it signed an agreement to sell its interest in payments provider Transaction Services Group to Advent International, another private-equity firm that has invested in payments companies. Terms of the deal were not disclosed.
  • Semafone, a provider of data-security and compliance systems for call centers, introduced its Cardprotect Relay+ service that enables businesses to accept payments through multiple channels while simplifying compliance with the Payment Card Industry data-security standard.
  • Prepaid card services provider InComm said American Express Co. has designated InComm as its exclusive distributor of single-load AmEx prepaid cards in Canada. Last year, InComm acquired exclusive distribution rights to AmEx reloadable and single-load gift cards in the U.S.
  • Paysign Inc., a processor for prepaid card programs, named Matt Lanford chief product officer. Lanford comes to the company from InComm.

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