Tuesday , April 23, 2024

Peter Lucas

DoorDash Expands Its SNAP/EBT Program to More Than 10,000 Stores

DoorDash Inc. has added 13 grocery-store chains to its platform that will accept electronic benefits transfer and SNAP cards for payment. The list of grocers—which includes, ACME Markets, Food City, Hy-Vee, Jewel-Osco, Kings Food Markets, Pavilions, Randalls, Shaw’s, Sprouts Farmers Market, Star Market, Stater Bros. Markets, Tom Thumb, and Vons—comprises …

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Security Firm Zumigo Ditches Passwords for Customer Authentication in Online Transactions

Zumigo Inc., a provider of mobile-identity authentication technology, says it has enhanced its DeRiskify fraud-prevention product for e-commerce merchants by enabling sellers to authenticate customers without a password requirement when customers log into their account. Eliminating the need for passwords in the customer-verification process pleases customers, which in turn can …

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Priority Technology Posts Record Earnings; Fortis Partners With WooCommerce for B2B Payments

Payments-technology provider Priority Technology Holdings Inc. posted record revenue of $755.6 million in 2023, up 13.9% from the previous year. The year was capped off by a record fourth quarter, during which Priority posted revenues of $199.3 million, a 12.2% increase from the same period a year earlier. In both …

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SheerID And Payment Plugins Team Up to Provide Customer Verification for WooCommerce

SheerID Inc., a provider of identity-verification technology, and software developer Payment Plugins are collaborating to provide a consumer identity-verification solution for e-commerce platform provider WooCommerce. The deal will seek to enable WooCommerce merchants to reduce fraud by ensuring gated offers and discounts are being used by customers who are the …

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Cautious Consumer Spending Depresses CPI Card Group’s Sales

CPI Card Group Inc. posted $444.5 million in net sales in 2023, a 7% decrease from 2022. The card and payments solutions provider saw an even larger drop during the fourth quarter, posting net sales of $102.9 million, a 19% year-over-year decrease. CPI attributed the declines to cautious consumer spending, …

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Follet Partners with GK Software; Transact Rolls Out a B2B Portal

Follet Higher Education, an educational service provider and omnichannel retailer, has selected GK Software SE as its cloud-based point-of-sale provider for its more than 1,000 college campus and online stores in the United States and Canada. Follet will deploy such apps as GK Software’s OmniPOS, which supports mobile POS, self-check-out, …

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Eye on Restaurants: SpotOn Adds a Marketing App; IHG Hotels & Resorts Partners With eTip

Payment technology provider SpotOn Transact LLC looks to expand its footprint in the highly competitive business of restaurant payments with the introduction of SpotOn Marketing Assist, an app that automates email and social-media marketing campaigns for restaurants. The app—which integrates with Spot On’s SpotOn Restaurant POS, SpotOn Order, and SpotOn …

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Zelle Posts Strong Growth for 2023 And Its Single Largest Quarter for Growth in Q4

Zelle, the peer-to-peer payment network operated by Early Warning Services LLC, announced late Monday a 28% increase in transaction volume in 2023 and that the fourth quarter of 2023 was its single largest quarter based on volume since its launch in 2017. Overall, Zelle handled 2.9 billion transactions totaling $806 …

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Nacha Campaigns Take Aim at Money Mules and Tout Benefits of Direct Deposit

With money mule activity on the rise, Nacha, the governing body for the automated clearing house network, has released an infographic to educate consumers about unwittingly becoming money mules. Money mules help criminals launder money from online scams, fraud or crime, such as human and drug trafficking, unknowingly or knowingly. …

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Card Issuers Rank Highest in BNPL Satisfaction, J.D. Power Finds

Credit card issuers claimed the top three spots in J.D. Power’s second annual buy now, pay later satisfaction study, with American Express Co.’s Plan It topping the list. JPMorgan Chase’s My Chase Plan and Citibank’s Citi Flex Pay rounded out the top three. American Express’s Plan It, which it launched …

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