Wednesday , March 22, 2023

GoDaddy Payments Touts Early Growth and other Digital Transactions News briefs from 2/11/22

  • GoDaddy Inc. said its newly formed GoDaddy Payments unit has sold more than 1,000 point-of-sale devices and taken in “tens of thousands” of applications for the service from customers of the firm’s Web services. GoDaddy in September released a countertop payment terminal and mobile card reader, following the launch of GoDaddy Payments in June. The unit was formed following GoDaddy’s acquisition in December 2020 of the POS device provider Poynt Inc.
  • Visa Inc. said it is providing $20,000 grants to 10 small businesses in the Los Angeles area as part of the network’s Super Bowl outreach. Visa also said its gateway will waive the monthly gateway fee to new clients for the life of the account along with transactional fees for the first 100,000 transactions for those that sign up over Super Bowl weekend. The National Football League’s championship Super Bowl is Sunday.
  • Visa Inc.’s Spending Momentum Index indicated a slowdown to a reading of 102.4 in January from 109.4 in December, owing largely to increasing cases of the Omicron variant of Covid-19. The impact, however, was less severe than with prior outbreaks of the pandemic, Visa said.
  • Launching new products is a top priority for online sellers in 2022, according to a survey of 500 companies by payments-technology provider Verifone Inc., cited by 48% of the firms. Mastering local payment methods following ventures into cross-border sales will be a top challenge, according to 52% of respondents, up from 19% who cited it in a 2020 survey.
  • Health-care payments specialist PayGround said it has integrated its technology with the eClincalWorks platform, used for practice management.
  • Esker, a provider of cloud-based automation for businesses, announced it is integrating payments services from Corpay, a business payments provider. Corpay represents the former brands Nvoicepay, Comdata Corporate Payments, Cambridge, and AFEX.
  • The city of Hagerstown, Md., has signed with InvoiceCloud for online billing and payments services.

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