Tuesday , June 25, 2024

News

June, 2024

  • 25 June

    Nuvei Readies UAE Expansion and other Digital Transactions News briefs from 6/25/24

    The Canada-based processor Nuvei Corp. said it has received approval for a retail-services license from the central bank of the United Arab Emirates, laying the groundwork for an expansion into the UAE market. Fast-food chain Long John Silver’s said it is working with multiple technology vendors to update its digital and in-store ordering experience …

  • 25 June

    Composable commerce for ISVs: Creating the blueprint for strategic growth

    Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon As consumer demand for a frictionless payment experience increases, ISVs that embed additional financial services into their offerings stand to win more market share in a progressively competitive software ecosystem. How ISVs decide to …

  • 25 June

    WeGetFinancing Partners With SensePass, While Klarna Plus Notches 100,000 Users

    WeGetFinancing has partnered with SensePass, a provider of alternative payment solutions, to provide a buy now, pay later solution for high-ticket items. WeGetFinancing is a BNPL gateway operated by Emerging Payments Technologies Inc. Merchants on the SensePass platform can now offer BNPL financing for purchases of up to $15,000, with …

  • 25 June

    Ticketing And Soft POS Will Drive Contactless Payment Growth, a Forecast Says

    Contactless payments are forecasted to surge 113% in value by 2029, reaching $15.7 trillion by 2029, up from $7.4 trillion this year, predicts a new report from Juniper Research. Ticketing and soft point-of-sale applications will be significant drivers of this growth, United Kingdom-based Juniper says. “As access becomes more widespread, …

  • 24 June

    Traditional Merchant Services vs. Payment Facilitation

    Traditional Merchant Services vs. Payment Facilitation In today’s electronic ecosystem, software companies have an array of options to create unique payment experiences for consumers. Two prominent options are traditional merchant processing and payment facilitation. Let’s explore their differences and implications. Traditional Merchant Processing Since 1973, traditional merchant processing has been …

  • 24 June

    Shopify Merchants Gain Access to Target Plus Marketplace

    Some Shopify Inc. merchants will be able to get their products in front of more online shoppers via a deal the e-commerce platform has struck with Target Corp. Announced Monday, the deal enables select Shopify Inc. merchants to feature their products on Target Plus, the retailer’s third-party, curated marketplace. Target …

  • 24 June

    After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout

    Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced …

  • 24 June

    Samsung Next Invests in Curve and other Digital Transactions News briefs from 6/24/24

    Samsung Next has invested an undisclosed sum in Curve UK Ltd, developer of a U.K.-based digital wallet, bringing Curve’s total raised funds to more than $250 million. ECS Fin, a developer of payment-processing technology, said Zenus Bank has adopted its IMS Payments capability to integrate Visa B2B Connect, a platform for …

  • 21 June

    AmEx Looks to a Pair of Acquisitions to Raise Its Game in the Hotly Competitive Dining Market

    American Express Co. early Friday announced it is acquiring Tock, a restaurant-reservation application, from Squarespace Inc. for $400 million, and Rooam, a contactless-payment platform for restaurants, bars, music venues, and arenas, for an undisclosed sum. Launched in 2014, Tock provides reservation, table-management, and event ticketing capabilities to 7,000 restaurants, wineries, …

  • 21 June

    Working with Elavon, Delta Adopts Tap to Pay on iPhone for U.S. Flights

    Delta Air Lines Inc. is adopting Tap to Pay on iPhone for its U.S. flights, a move made in conjunction with processor Elavon Inc. Delta has long accepted card payments on flights, having adopted a card-only policy in 2009 for North America flights, The Atlanta Journal-Constitution reported then. The move …

Digital Transactions