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MassPay Validate Looks to Nail Down Cross Country Payouts
How Recurly And Justt Are Looking to Fight Subscription Chargebacks
Chargebacks have plagued the card-payments economy for years, leading payments providers to seek solutions, often to no avail. The latest move involves subscriptions, with Recurly early Thursday announcing an integration with Justt, a company that helps sellers manage chargebacks, to reduce losses on a problem that drains significant revenue for …
Read More »Kraken Debuts in the U.S. a Debit Card Backed by 600-Plus Fiat And Digital Assets
The digital-asset trading platform Kraken announced the U.S. launch of its Krak Card, a debit card that allows users to conduct transactions in cash and digital currencies. Issued by Kansas City, Mo.-based Lead Bank, the card can be used at Visa-accepting merchants and offers up to 2% cash back. Stripe Issuing …
Read More »An eTip Integration With Toast Digitizes Gratuities for Restaurant Servers
The gratuity platform for restaurants, eTip Inc., said it has integrated with the Toast Partner Ecosystem, allowing restaurants using Toast’s POS system to automate tip calculations and send tip sums directly to workers’ bank accounts. With the integration, eTip says it has widened its presence in the restaurant business with …
Read More »Western Union Wrestles With Hitches in Its $500 Million Intermex Deal
Paysafe Looks to First Half ’26 Momentum for a Strong Finish
Growth in iGaming helped drive overall payment volume for Paysafe Ltd. in the June quarter as the company recorded a 5% year-over-year rise in volume in its merchant-solutions unit, to $37.3 billion. The favorable results arrived as the company has “resolved matters that have hung over the company for some …
Read More »How Merchants Are Exploiting E-Commerce Tech And Strategies
As e-commerce expands, issues pile up for both online merchants and their customers. One such problem concerns shipment tracking, a necessary function when packages go awry. That issue creates opportunity. Early Wednesday, Veho Tech Inc. announced an integration with the e-commerce giant Shopify that offers real-time delivery tracking data directly …
Read More »Francisco Partners Agrees to Acquire Canadian Processor Moneris
Francisco Partners has agreed to acquire Toronto-based Moneris Solutions Corp., a payments-technology developer, from Bank of Montreal and Royal Bank of Canada for $2 billion Canadian, or $1.43 billion U.S. The banks will each take half of the sale price. The two institutions have owned the Ontario-based processor as a …
Read More »Toast Adds Adyen for U.S. Processing
Eye on BNPL: Splitit’s Move in Auto Repair; Sezzle’s Sizzling Quarter
The buy now, pay later platform Splitit says it will offer its installment-payment services in the automotive-repair and services business through a partnership with 1stMILE, a loyalty and payments platform specializing in that industry. The move comes as many automobile-servicing costs are rapidly developing into necessary rather than discretionary transactions. …
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