Nayax Ltd. announced early Tuesday it has agreed to acquire parking-technology platform IPS Group Inc. from Windjammer Capital Investors in a deal valued at $350 million. The combination will bring Nayax’s payments-processing capabilities together with IPS’s parking-technology platform, the companies say. The deal is expected to close in the fourth quarter. …

An Australia-based payments processor and rewards player is launching in the U.S, market on the back of $28 million in fresh investor funding. PayRewards, which specializes in small businesses, says it will offer rewards on a wide range of corporate spending, including automated clearing house transactions as well as credit …

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 …

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 …

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 …

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 …

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 …

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 …