January 26, 2022
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Payments provider Lightspeed Commerce Inc. announced new features for its Lightspeed Restaurant point-of-sale technology, including order throttling, a feature that helps manage spikes in demand.Software firm Launch Cart said it will introduce on Feb. 2 its On-Demand eCommerce SaaS platform, intended to ease entry into e-commerce for small business owners and entrepreneurs.Payments provider Paysafe Ltd. said …
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January 25, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Kiosks & Ticketing Machines, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing, Vending
Payments provider Digital River Inc. unveiled Drop-in Checkout, technology that streamlines payments acceptance for brands on Digital River’s platform.Payments provider Shift4 Payments Inc. said it will process payments for Concessions International, a provider of food-and-beverage technology for airports, at almost 40 of the company’s locations.Cantaloupe Inc., a payments provider for unattended locations, said it …
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January 24, 2022
Competitive Strategies, Credit Cards, Digital Currency, Issuing/Originating, Marketing, Transaction Processing
Blockchain platform XDC Network, working with blockchain developer LeewayHertz, released the XDC Network Stats platform, a presentation of key statistics about the network’s performance.RevoluGroup Canada Inc., a technology provider for banking, mobile apps, and remittances, announced a private placement of up to 10 million units at 20 cents each to raise …
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January 21, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
Discover Financial Services reported a net income of $1.1 billion in the fourth quarter, a 37.6% increase from $799 million in the fourth quarter of 2020. Net income for 2021 totaled $5.4 billion, a 391% increase from $1.1 billion in 2020. Discover said volume on its Pulse debit network was $64.8 …
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January 20, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for …
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January 19, 2022
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Mergers & Acquisitions, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Mobile-payments provider Boku Inc. is selling its Boku Identity Inc. unit to cloud-communication platform Twilio Inc. for $26.1 million upfront and another $6.2 million payable later to cover indemnities.Payments provider Lightspeed Commerce said its NuOrder technology will support orders and payments for women’s fashion platform Intermix, which operates 31 boutiques and an e-commerce site.Text …
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January 18, 2022
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Mastercard Inc. said it is enabling Mastercard-branded cards to be used for purchases on Coinbase’s upcoming NFT marketplace. NFTs, or non-fungible tokens, are digital goods.Accounting-automation company Bookkeep announced integrations with Stripe, Sage Intacct, and NetSuite. The company, which serves more than 600 retailers and restaurants, also offers links to Shopify, Square, Amazon, and …
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January 17, 2022
Acquiring, Competitive Strategies, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Software firm UST said it has worked with Kiosk Information Systems to introduce a touchless checkout platform that offers both voice and gesture-based interaction as well as a variety of payment flows, including QR codes, app wallets, contactless cards, and cash.Point-of-sale terminal maker Ingenico, a unit of Worldline, launched its Self-Modular POS, a …
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January 14, 2022
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Payroc WorldAccess LLC said it acquired East Commerce Solutions, a merchant service provider, which has more than $2 billion in annual processing volume. Terms were not disclosed.NCR Corp. said it has closed on its acquisition of LibertyX, a provider of software for cryptocurrency transactions at ATMs and on various payment-acceptance devices. LibertyX …
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January 13, 2022
Acquiring, Competitive Strategies, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Visa Inc. announced a new payment platform, Visa Acceptance Cloud, which will let acquirers, payment service providers, point-of-sale system makers, and Internet of Things developers, to move the payment processing software from the hardware device to the computing cloud. Tests of the new platform are happening in North America, South America, …
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