Dealer Pay, a provider of point-of-sale payment acceptance for auto and truck dealerships, said it has joined the CDK Global Partner Program, which features applications and integrations for automotive dealers. Mastercard Inc. is working with the U.S. International Development Finance Corporation to help support financial institutions and businesses that work with …
Read More »Afterpay Most Used BNPL Option by Gen Z And Other Digital Transactions News briefs from 12/15/22
Afterpay, the buy now, pay later service owned by Block Inc.’s Square, is the one most used by Gen Z consumers—those between 18 and 25 years old—according to a survey from Insights in Marketing, a marketing consultancy, with 58% of them having used Afterpay. Next was Klarna at 44%; Affirm …
Read More »Billtrust Goes Private And Other Digital Transactions News briefs from 12/14/22
BTRS Holdings Inc., also known as Billtrust, said it will go private on Dec. 16 through a merger with an affiliate of EQT X Fund. The business-to-business payments provider went public in January 2021 through a merger with South Mountain Merger Corp., a special purpose acquisition corporation, or SPAC. Payments provider ACI Worldwide said it …
Read More »POS Updates Top-of-Mind for Restaurants And Other Digital Transactions News briefs from 12/13/22
Point-of-sale system maker TouchBistro released its 2023 “State of Restaurants” report that found 76% of restaurant operators changed their POS systems in the past year and 66% used a system with an integrated payment processing service. The study, now in its fifth year, was based on research from 600 full service restaurant …
Read More »Shift4 Notes Europe Foray And Other Digital Transactions News briefs from 12/12/22
U.S. payments provider Shift4 Payments Inc. said it has now processed transactions in Europe on its SkyTab point-of-sale platform for restaurants and its VenueNext service for mobile ordering and payment at stadiums and other facilities. The company said it plans to launch the two platforms commercially in Europe next year. Kansas-based processor Euronet Worldwide Inc.’s epay …
Read More »Blackhawk Launches One4All Gift Card And Other Digital Transactions News briefs from 12/9/22
Prepaid card platform Blackhawk Network Holdings Inc. launched its One4All gift card, a single gift card accepted at more than 100 merchants and restaurants. The card is issued by Pathward N.A., a unit of Pathward Financial. Matera, a Brazil-based instant payments and QR code payments company, opened an office in San Francisco …
Read More »Limited U.S. Growth in 2023 And Other Digital Transactions News briefs from 12/8/22
Not all countries, companies, and persons will suffer equally from inflation in 2023, as Europe will see a decline in economic activity while the U.S. market will experience limited economic growth, forecasts the Mastercard Economics Institute. Food-service provider Sodexo North America’s InReach unit has contracted with payments provider Cantaloupe to upgrade 18,800 vending machiens and …
Read More »Clickatell’s Travel Chat Updates And Other Digital Transactions News briefs from 12/7/22
The messaging app Clickatell added updates to its Chat Commerce Platform, including a new integration of Chat 2 Pay, which allows travel brands to accept payments as part of business messages. The card-issuing platform Marqeta Inc. announced it has integrated Mastercard Track Instant Pay, which enables immediate payment of supplier invoices. The virtual-card platform Extend announced …
Read More »Curve Lines up $1 Billion for Flex And Other Digital Transactions News briefs from 12/6/22
Curve OS Ltd. said it secured a deal with Credit Suisse to fund its first $1 billion in installment loans, via its Curve Flex product, in the United Kingdom, Europe, and the United States. London-based Curve announced Curve Flex in 2021. A survey from Bango PLC of 2,500 U.S. subscription users found that 65% said …
Read More »Circle Calls Off Concord Deal And Other Digital Transactions News briefs from 12/5/22
Digital-currency platform Circle Internet Financial Corp. said it and Concord Acquisition Corp. have agreed to terminate a merger the companies had agreed to in July 2021 and amended in February. Nine-year-old Circle posted its first profit in the third quarter, with net income of $43 million. A 2-year-old U.K.-based e-commerce payments provider called Wamo said …
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