News

June, 2021

• 17 June

  DailyPay Teams With TCH And PNC to Enable Businesses to Pay Workers Daily in Real Time

  

  With more and more hourly wage workers needing access to their earnings sooner than the typical two-week pay period, on-demand payment platform DailyPay is betting that offering real-time payments through The Clearing House Payments Co. will enable employers to give workers greater autonomy over managing their finances.  Providing daily access to …
• 17 June

  Sightline Payments Gets Set to Support Cashless Wagering for a New Las Vegas Resort

  

  A new resort will open in Las Vegas next week, and with it will come cashless wagering, the ability to place bets via a mobile phone. Resorts World Las Vegas says it will be the first casino in the city to offer cashless betting at both slot machines and table …
• 17 June

  236% Uptick in Entertainment Purchases and other Digital Transactions News briefs from 6/17/21

  

  Credit union service organization PSCU released its June edition of the PSCU Payments Index that found purchases made with debit cards in the entertainment category increased 236% in April over April 2020 and by 208% for credit cards.Cardtronics plc said CVS Health is enabling the ATM operator’s Allpoint network of surcharge-free ATMs at …
• 16 June

  Contactless is King

  

  If you’re not offering contactless solutions or online ordering to your current book of business, what’s holding you back? By: Angela Carranza, Manager, Strategic Partnerships, First American Payment Systems As recently as 2018, contactless payment technology was in its infancy in the United States, with just 0.18%* of POS transactions …
• 16 June

  Shopify Expands Shop Pay to Non-Shopify Merchants Selling on Facebook, Instagram, And Google

  

  Shopify Inc. is making Shop Pay, its one-click checkout engine, available to all merchants selling on Facebook, Instagram, and Google, including those that don’t use the Shopify e-commerce platform to manage their online stores. It is the first time a Shopify product has been made available to non-Shopify merchants, the …
• 16 June

  Visa Brings Its Tap to Phone Payments to U.S. Merchants in a Pilot

  

  Visa Inc. is bringing a point-of-sale payment-acceptance application that uses commercially available consumer smart phones on tour to U.S. small businesses, it announced Wednesday. Using a smart phone from ZmBizi LLC loaded with the POS app, 50 small businesses in Washington, D.C., will be able to accept payments without having …
• 16 June

  Repay Closes on BillingTree Deal and other Digital Transactions News briefs from 6/16/21

  

  Payments provider Repay Holdings Corp. closed on its $503-million cash-and-stock acquisition of BillingTree, an 18-year-old payments-technology provider. The deal, the largest in Repay’s history, was announced May 10.NCR Corp. said it expects to close its $2.5-billion acquisition of ATM-network specialist Cardtronics plc on June 21. The merger agreement was announced in January.Freight-payments provider PayCargo received a $125-million Series …
• 15 June

  Looking to Cut Time for Clients, Dwolla Adds More Low-Code Integration Components

  

  Continuing its strategy of enabling application developers to connect to its platform faster, Dwolla Inc. on Tuesday announced the addition of two new drop-in components. The first new component, called Create Beneficial Owners, enables developers to streamline the collection of information required by payments companies for verification of the accounts …
• 15 June

  With GoDaddy Payments, Web Impresario GoDaddy Starts Building on Its Poynt Deal

  

  The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …
• 15 June

  Kabbage Checking Debuts and other Digital Transactions News briefs from 6/15/21

  

  American Express Co. said its Kabbage unit now offers Kabbage Checking to U.S. small businesses. AmEx also said it now offers Kabbage Funding to small businesses with lines of credit ranging from $1,000 to $150,000.Global Payments Inc. has launched a point-of-sale application that operates on commercially-available, off-the-shelf mobile phones, reported The Paypers …