Thursday , December 12, 2024

Digital Transactions News staff

Nuvei’s Google Pay Expansion and other Digital Transactions News briefs from 12/12/24

Canada-based processor Nuvei Corp. announced an expansion of its Google Pay offering to merchants throughout Latin America. The company already offers the wallet in the U.S., European, Asia-Pacific, and Australian markets. Grocery e-commerce platform eGrowcery said it and Forage, a payments provider that can process online EBT SNAP payments, are working on a service …

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Fiserv’s Deal with COCC and other Digital Transactions News briefs from 12/11/24

Fiserv Inc. is expanding a relationship with fintech COCC to include cloud-based financial tools and fintech integrations for financial institutions. Xsolla, a commerce platform provider for video games, is working in Poland with Mastercard Inc. and Alor Bank to allow the bank’s Mastercard cardholders to redeem loyalty points for in-game purchases. …

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Fee Cap Injunction Remains and other Digital Transactions News briefs from 12/10/24

Restaurant server tips averaged 18.8% in the third quarter, unchanged from the second quarter, according to data from Toast Inc.’s Q3 2024 Restaurant Trends Report. The research gathered data from approximately 127,000 locations served by the Toast payments platform. Amazon.com Inc.’s Amazon Seller Central will integrate AI-based payments and financial-management tools from Intuit Inc. …

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WSPN’s Fractal Cooperation and other Digital Transactions News briefs from 12/9/24

The Worldwide Stablecoin Payment Network, known as WSPN, said it will work with Bitcoin platform Fractal to help widen stablecoin access. The global market value for parking-management systems, including payments processing, will grow from $5.59 billion this year to $11.29 billion in 2034, a compound annual growth rate of 7.3%, according …

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Cyber Weekend Sales up 5.7%, Fiserv Says and other Digital Transactions News briefs from 12/6/24

Same-store sales volume rose 5.7% and transactions were up 6.7% during the days from Nov. 27 and Dec. 2 compared to the same week last year, according to the 2024 Thanksgiving Holiday Insights report from Fiserv Inc. Illinois-based payments provider Payroc will work with Sunday, a restaurant point-of-sale technology provider, to offer the …

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GNC Adds Paze Checkout and other Digital Transactions News briefs from 12/5/24

Online checkout service Paze said retailer GNC now accepts the digital wallet. Paze is a checkout service from Early Warning Services LLC. Digital gifting platform On Me signed a five-year agreement with Mastercard Inc. and received $1.7 million in pre-seed funding from venture capital firm Lerer Hippeau and Focal.VC to help it expand its retailer …

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Diebold Nixdorf’s Windows 11 ATM Move and other Digital Transactions News briefs from 12/4/24

ATM maker Diebold Nixdorf Inc. said two bank clients in Central Asia are the first to launch ATMs using Microsoft Windows 11. Block Inc.’s trio of payments platforms—Square, Afterpay, and Cash App—processed a record 144 million consumer transactions over the Black Friday through Cyber Monday period, up 17% from the same time …

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Evolv Acquires EnzoPay and other Digital Transactions News briefs from 12/3/24

Payments acceptance provider Evolv Inc. said it will acquire payments provider EnzoPay and rename it Evolv Mid-Atlantic. Terms were not disclosed. The Fiserv Small Business Index dropped two points to 144 in November from October. Year-over-year small business sales increased 4.8% and total transactions were up 9.1%. Month-over-month sales were down 1.6% and transactions …

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Lightspeed Reorg Cuts 200 Employees and other Digital Transactions News briefs from 12/2/24

Point-of-sale systems maker Lightspeed Commerce Inc. announced a reorganization that will “impact approximately 200” employees. The savings from the move will be “redeployed” to other, unspecified areas of the company, Lightspeed said. Processor Priority Technology Holdings Inc. has filed a shelf registration statement with the Securities and Exchange Commission. The move will allow the …

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Flexa’s Crypto Plans and other Digital Transactions News briefs from 11/27/24

Digital-payments platform Flexa is working with Electric Coin Co., to integrate Flexa technology into Electric Coin’s Zcash wallet in an effort to ease the use of digital currencies at U.S. retail locations that use Flexa technology. Licel Corp. said its Virtual Trusted Execution Environment (vTEE) has been approved by the standards body EMVCo …

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