Intuit Inc. said its Intuit ProConnect unit has partnered with Practice Ignition, a service provider to accounting firms, to provide payments and other services to tax-preparation professionals. Intuit in February sued Visa Inc. and Mastercard Inc., alleging the networks’ interchange pricing models constitute unlawful price fixing.Payments provider i3 Verticals Inc. said it has acquired two …
Read More »dLocal Raises $150 Million Investment and other Digital Transactions News briefs from 4/2/21
Payments-technology provider dLocal Ltd. announced a $150-million investment led by Alkeon Capital and valuing the company at $5 billion. The company also appointed former Chase executive Sumita Pandit chief operating officer. Former COO Jacobo Singer was promoted to president.PayGround Inc., a payments provider specializing in health care, has reached an agreement with …
Read More »Paysafe’s New Loyalty Program and other Digital Transactions News briefs from 4/1/21
Paysafe Group Holdings Ltd. has launched Neteller Knect, a loyalty program for users of its Neteller digital wallet. The program is active in more than 100 countries. Paysafe earlier this week went public via its merger with Foley Trasimene Acquisition Corp. II.Sightline Payments, a startup specializing in payments for the gaming, lottery, and …
Read More »23.1 Billion ACH Payments in 2020 and other Digital Transactions News briefs from 3/31/21
The top 50 originating institutions for automated clearing house transactions accounted for 23.1 billion payments in 2020, up 8.6% over 2019 and nearly 93% of all commercial ACH payments, according to Nacha, the governing body for the ACH. The 50 largest receiving institutions controlled 61.2% of volume with 16.4 billion payments, …
Read More »Walgreens Banks on InComm and other Digital Transactions News briefs from 3/30/21
The Walgreens pharmacy chain said it will launch a bank-account offering through payments provider InComm Payments that will also feature a MetaBank-issued Mastercard debit card that will allow users to earn rewards through the Walgreens loyalty program. The pharmacy chain will also re-launch its gift card program through InComm.In related news, InComm …
Read More »EMVMadeEZ Debuts and other Digital Transactions News briefs from 3/29/21
Amadis, Advanced Mobile Payment Inc., and Texas Engineering Consulting Systems and Services said they launched the jointly-developed EMVMadeEZ, a pre-certified EMV migration product for automated fuel dispensers. The product enables convenience store operators, small chains, and single gas station owners with an EMV-at-the-pump service.Payments-technology provider AEVI International GmbH said it is …
Read More »Subscription Specialist Joins Stripe Program and other Digital Transactions News briefs from 3/26/21
Ternary Developments Inc. has joined the Stripe Partner Program, which enables clients to accept online payments via Stripe Inc. Ternary provides a cloud-based platform for Discord social-engagement communities.Appetize Technologies Inc., a provider of management software for the food-and-beverage industry, announced integrations with payments processor Paytronix Systems Inc., gift card provider Givex Inc,, …
Read More »Shift4 Lands Petco Park Processing and other Digital Transactions News Briefs from 3/25/21
Shift4 Payments Inc. said it will process all payment transactions at Petco Park, home of the San Diego Padres. The deal follows Shift4’s expansion into stadiums and other venues through its recent acquisition of VenueNext Inc.Payments provider SignaPay Ltd. announced a partnership with Valor PayTech to provide Valor’s countertop, handheld, and PIN pad equipment …
Read More »Focus POS Releases @Table and other Digital Transactions News briefs from 3/24/21
Focus POS released its @Table service that enables customers to scan a QR code on the table that pulls up a menu on the device. They then can select and order items and receive confirmation their order is being prepared. They service can keep the tab open until the customer is …
Read More »Nuvei Adds Mastercard Send Integration and other Digital Transactions News briefs from 3/23/21
Nuvei Corp. said it will integrate Mastercard Send push payments into its payment technology platform. Send enables speedy funds disbursement for use cases like payroll, insurance claims, and refunds.Agilysys Inc., a provider of point-of-sale software for the hospitality industry, rolled out Agilysys Digital Marketing, which allows managers to send personalized messages …
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