Payments-technology provider Par Technology Corp. posted fourth-quarter 2023 revenue of $107.7 million, a 10.2% increase from $97.2 million in the corresponding 2022 quarter. It had a quarterly loss of $18.6 million, up from a loss of $13.5 million the year prior. For all of 2023, Par had $415.8 million in revenue, a …

Visa Inc. and the GSMA Mobile for Development Foundation launched Digital Finance for All, a five-year program aimed at increasing access to digital finance for some 20 million persons in Africa, Asia, and Latin America. RevSpring Inc. launched a new scoring model for its Engage IQ service that evaluates the quality of …

Alphabet Inc. will discontinue Google Pay, including its peer-to-peer payments capability, in the U.S. market on June 4, though it will maintain a Google Pay website.  In the place of Google Pay, which launched amid much fanfare in 2011, Alphabet is promoting Google Wallet, which appeared in 2022 with wider functionality than payments, …

London-based buy now, pay later platform Zilch said it will launch in April an option allowing users to spread interest-free payments over three months. A trial of the service is in progress with 100,000 Zilch users. The company, whose main offering requires repayment over six weeks, claims 3.6 million users overall. Yardi, …

AfterShip, an e-commerce service, said it has enabled merchant users to get real-time delivery updates and track orders through Apple Wallet. Fortress Payments, a fintech for credit card issuing and acquiring, said it will work with AI-software provider Paravision to update Fortress’s Payment Identity Platform via face-matching and “liveness” technology. …

Cryptocurrency as a payment method is only wanted by less than 1% of online shoppers surveyed in a Chargebacks911 report. The survey was performed by consulting and research firm TSG of 4,000 consumers. Payments platform ConnexPay said it is working with the UATP network and has launched its ConnexPay UATP card, a virtual card that …

Coinbase Commerce said it will no longer support so-called native payments made with Bitcoin on its merchant platform but will support transactions in which the user has a Coinbase account. The move was made to avoid “challenging” processing issues Coinbase had encountered in handling Bitcoin transactions made by users without Coinbase …

The Consumer Financial Protection Bureau’s most recent analysis of card issuing practices found that in the first half of 2023 small banks and credit unions tended to offer lower interest rates than the top 25 issuers. For consumers with scores between 620 and 719, the median annual percentage rate for a large …

Shift4 Payments Inc. launched SkyTab Website Builder, a tool enabling restaurants to more easily design a Web site. Businesses using Shift4’s SkyTab point-of-sale payments technology can access the new service for free. Blackhawk Network announced Select Codes, which businesses can send to customers to enable access to prepaid gift cards. Bank of …

FIS Inc. said it is working with Banked, an open-banking provider, to develop new pay by bank services for businesses and consumers. Gateway provider Trice Technologies Inc. said it is a technology provider and real-time payments gateway for the RTP network from The Clearing House Payments Co. LLC. Web services and payments provider GoDaddy …