Thursday , April 25, 2024

Digital Transactions News staff

 Wellfit’s Dental Work And Other Digital Transactions News briefs from 11/1/23

Wellfit Technologies Inc. said it will provide payment processing, patient financing, and other services under a new agreement with Patterson Dental’s network of clinics. RentSpree, a management platform for landlords, announced it has reached 2 million users, doubling its user count in less than two years. The service enables rent payments …

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Western Union’s Paysend Deal And Other Digital Transactions News briefs from 10/31/23

The Western Union Co. announced customers will be able to send money via the company’s digital service directly to Visa and Mastercard cards through an integration with Paysend, a card-to-card payments platform. Lightspeed Commerce Inc. launched several new features including artificial intelligence-assisted menu creation, better insights into popular items, staff performance tools, …

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Virgin Atlantic Taps Elavon And Other Digital Transactions News briefs from 10/30/23

Payments processor Elavon announced its global acquiring multi-currency conversion services will support transactions for the airline Virgin Atlantic. Elavon, a unit of U.S. Bancorp, says it serves more than 100 airlines among its client base. Canadian banking giant BMO said it will begin offering Visa Inc.’s Installments payments service next year. Visa launched Installments …

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European Processors Take Stock Hit And Other Digital Transactions News briefs from 10/27/23

European transaction processors are getting hammered by slowing economies and increased regulatory scrutiny. Shares in the big French processor Worldline slid 59% on Wednesday, followed by a feeble recovery Thursday. AppTech Payments Corp. announced it has closed on its acquisition of Alliance Partners LLC. The deal brings to AppTech FinZeo, Alliance’s money-movement software …

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Mastercard Revenue up 12% And Other Digital Transactions News briefs from 10/26/23

Mastercard Inc. posted strong third-quarter results of $6.5 billion in revenue, up 12% from $5.8 billion in the 2022 third quarter. The card giant’s net income of $3.2 billion increased 28% from $2.5 billion in the year-ago quarter. Mastercard cited cross-border payment volume growth of 21% in the quarter as one …

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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 …

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Blackhawk’s Rewards And Other Digital Transactions News briefs from 10/24/23

Prepaid payments platform Blackhawk Network said it is working with customer-engagement provider Extole to enable digital rewards and incentives for Blackhawk client merchants. U.S.-based Beame Technologies Inc. said it is working with authentication platform LISNR to offer BeamPay, a mobile-payments service, in Cabo Verde, Africa. U.S.-based business-to-business payments platform Balance said it is working with Hokodo, …

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Visa’s AR Manager And Other Digital Transactions News briefs from 10/23/23

Visa Inc. announced it will start a pilot in November for Visa AR Manager, a platform intended to automate more functions in commercial card acceptance. PayNearMe, a specialist in payments for iGaming and sports betting, will add to its MoneyLine platform the “Cardless Cash at ATM” feature from NCR Atleos Corp. …

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J.P. Morgan Debuts Pay-by-Bank And Other Digital Transactions News briefs from 10/20/23

J.P. Morgan Payments launched its pay-by-bank service, relying on open-banking technology from Mastercard Inc. The service lets customers pay bills directly from their bank accounts. Block Inc.’s Afterpay buy now, pay later platform announced a partnership with Nift Networks to offer users access to products and services offered by Nift. Point-of-sale system maker Revel …

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 Expect Real-Time Payments Bloom And Other Digital Transactions News briefs from 10/19/23

Ninety-nine percent of large enterprises—those with annual revenue of $1 billion to $9.9 billion—expect to send real-time payments in the next five years, found the 2023 AFP Real-Time Payments Survey released by the Association for Financial Professionals and sponsored by The Clearing House Payments Co. LLC. It also found that 77% of …

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