The payments platform Wirex Ltd. has launched Wirex Travel, a travel-booking utility offering discounts and cashback to users paying with a Wirex card. Nayax Ltd. has agreed to embed its payments technology within products from N-and Group, starting with the latter’s automated self-service commerce machines. Payments provider Priority Technology Holdings Inc. has launched Ambient, a …
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Square’s Funny Restaurant Pitch and other Digital Transactions News briefs from 2/10/25
Acquirer Square released a new video series called “Running a Restaurant Is No Joke” that uses humor to highlight how Square can help restaurant operators. Now live on Square’s Web site, the series also will appear in various media and social outlets. RedotPay, a digital-currency payments platform, said it is working with …
Read More »X9 To Develop New QR Code Payments Standard and other Digital Transactions News briefs from 8/13/24
The Accredited Standards Committee X9 Inc. has begun work on a new QR code payments standard. The goal is to establish the content of a QR code for payments, emphasize interoperability, and include both merchant-presented and consumer-presented QR codes. X9 said the standard is needed to accelerate the adoption of instant payments. Block …
Read More »Underdog Picks Sift for Fraud Prevention And Other Digital Transactions News briefs from 1/12/24
Sift, a provider of technology to prevent online fraud, said it has been engaged by Underdog, an online sports-fantasy platform, to prevent the use of stolen payment credentials. Darwinium, a fraud-prevention provider, said it will work with email-address technology from AtData to enable clients to identify fraudulent emails. Digital authentication …
Read More »Bitpay’s Crypto Move And Other Digital Transactions News briefs from 10/25/23
Bitpay, a provider of cryptocurrency-based payments services, said it is working with crypto-technology provider Banxa to enlarge access to payments using digital currency. Shield Compliance, a compliance provider for cannabis banking, issued an open letter to American Express, Discover, Mastercard, and Visa calling on the networks to permit financial institutions …
Read More »Contactless Payments To Surge And Other Digital Transactions News briefs from 9/25/23
The number of digital transactions globally will rise 12% in 2024 to cross the 1-trillion mark, Juniper Research forecasts. Near-field communication (NFC) payments, otherwise known as tap-and-pay, will grow fastest, at 30%, followed by digital ticketing (19%), according to Juniper. The Canada-based commerce platform Shopify will enable payments for India-based e-commerce merchants directly on …
Read More »PayPal Expands a Processing Agreement With Uber, While BitPay Supports PayPal’s Stablecoin
In an expansion of its existing processing relationship with PayPal Holdings Inc., ride-sharing technology provider Uber Technologies Inc. will begin making use of PayPal’s domestic debit network routing in the United States and other markets and enable Uber drivers to receive wages directly in their PayPal and Venmo wallets. PayPal …
Read More »$16 Trillion in Digital Wallet Volume by 2028 And Other Digital Transactions News briefs from 7/10/23
Services such as buy now, pay later loans and personal financial management will help drive the global volume of digital-wallet transactions to $16 trillion in 2028, up 77% from $9 trillion this year, according to a report from Juniper Research. Katapult Holdings Inc. said more than 20 merchants are now available on …
Read More »Cheq On Deck at Target Field And Other Digital Transactions News briefs from 3/14/23
Cheq Inc., a mobile and social hospitality payments provider, said it will provide the mobile ordering platform at Target Field, the home stadium of the Minnesota Twins Major League Baseball team. Available via the MLB Ballpark app, the service will enable consumers to order and pickup at select concession stands. …
Read More »An Insurance App Offers Crypto Rewards for Premium Payments
A mobile wallet that allows users to shop and pay for insurance has added a rewards program that offers cryptocurrency based on premium payments. Marble, a New York City-based company that started up in 2020, says it has integrated its wallet with Gemini, a crypto exchange, to let users redeem …
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