Digital Transactions Authoritative, insightful and timely information for payments professionals
Card91, an India-based technology company, introduced a platform that offers a digital prepaid card that also functions as an ID and access card. The product is aimed at corporate employees and students. KM Malta Airlines, a new air carrier, has agreed to adopt a payments-orchestration platform from CellPoint Digital. Online-security firm DefenseStorm said it …
September, 2024
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18 September
Capchase Teams Up With Stripe to Offer B2B BNPL In The U.S.
Capchase, a financing platform that funds software-as-a-service companies based on future recurring revenue, announced early Wednesday a partnership with the processing giant Stripe Inc. to provide buy now, pay later financing for SaaS vendors in the United States. The deal, which marks Stripe’s entry into B2B BNPL in the U.S., will …
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18 September
EPSG Marks a New Direction With Its Rebranding to Echelon
Echelon Payment Solutions Group may be a new name in the acquiring industry, but its roots extend to 2006. Once affiliated with EVO Payments and known then as EVO Platinum Services Group (EPSG), Echelon is its own entity offering payment services and providing support for its sales partners. Melville, N.Y.-based …
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18 September
Market Pay’s Versatile App and other Digital Transactions News briefs from 9/18/24
France-based fintech Market Pay has launched a single app it says can process payments from both point-of-sale terminals and Android or iOS smart phones. FICO, a U.S. developer of fraud-prevention technology, said it is working with Jersey Telecom in the United Kingdom to develop software that can detect telephony signals in real …
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17 September
Cubic Launches a QR-Code Fare System; NMI Partners on Contactless Fares; ModeShift’s Digital Fares
Cubic Transportation Systems Inc. early Tuesday launched Umo ScanRide, a QR-code-based fare-collection solution for transit systems. To pay a fare using ScanRide, consumers scan a QR code with a mobile phone. The fare is then displayed on the user’s phone screen and debited from her ScanRide wallet. Consumers can fund …
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17 September
Affirm Brings Buy Now, Pay Later Back to the Apple Wallet
Consumers with iPhones using the latest operating system now have access to Affirm Inc.’s installment-payments options when using Apple Pay at participating merchants. Released Monday as part of Apple Inc.’s iOS 18 update for its iPhones, the payment option works with any merchant that accepts Apple Pay. The merchant does …
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17 September
Alviere’s Loyalty Wallet and other Digital Transactions News briefs from 9/17/24
Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit. Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The …
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16 September
The Future of Checkout is Here: Android Based-AXIUM and SoftPOS for Frictionless Payments
Gone are the days of online-only shopping sprees. Consumers are flocking back to brick-and-mortar stores for many purchases. But this new breed of omnichannel shopper expects a seamless blend of the digital and physical experience. They’re accustomed to the power of technology – finding product information with a tap, comparing …
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16 September
Crate & Barrel Teams With Adyen to Connect Its Offline And Online Sales Channels
Retail chain Crate & Barrel Holdings has partnered with Adyen NV to process payments for its 110 physical stores in the United States and Canada. The deal also covers processing for Crate & Barrel’s CB2 stores, a sister brand that sells modern furniture. Crate & Barrel will use Adyen’s unified …
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16 September
Adyen Teams With Nayax to Support Digital Payments at EV Charging Stations
The Dutch processor Adyen NV and the Israel-based payments platform Nayax Ltd. announced early Monday they are teaming up to support digital payments for electric-vehicle charging stations around the world. The new agreement, which comes as electric vehicles become more numerous and raise a pressing need for more charging stations, …