News

December, 2022

• 7 December

  Empowering Merchants with Real-Time Payment Data

  

  Merchants continue to pull every lever to generate additional revenue within an increasingly competitive landscape. For them, it is a matter of survival. And while numerous offerings promise equally innumerable benefits, there’s a hidden goldmine that can ensure the growth merchants are looking for: their payments data in real-time. > …
• 7 December

  How Consumers Are Steadily Adopting Online And Mobile Channels for Bill Pay

  

  Digital bill payment has become table stakes for billers as consumers have increasingly gravitated toward paying their bills through mobile and online channels the past two years, according to a recent survey by EngageSmart, a provider of a customer-engagement and payment applications. The study reveals that 50% of respondents say …
• 7 December

  Crypto’s Headaches Started Long Before the Collapse of FTX, According to App Stats

  

  Jitters about the economy and the impact of the FTX implosion may have combined to clobber the cryptocurrency market, but new data shows that app downloads peaked as long as a year ago. In fact, downloads of crypto trading apps from the App Store, and Google Play, along with direct …
• 7 December

  Clickatell’s Travel Chat Updates And Other Digital Transactions News briefs from 12/7/22

  

  The messaging app Clickatell added updates to its Chat Commerce Platform, including a new integration of Chat 2 Pay, which allows travel brands to accept payments as part of business messages. The card-issuing platform Marqeta Inc. announced it has integrated Mastercard Track Instant Pay, which enables immediate payment of supplier invoices. The virtual-card platform Extend announced …
• 6 December

  The Advantage of Cloud-Enabled Payments for ISVs

  

  By Tom Byrnes, SVP, Marketing If you are an ISV, you know that adding payments to your solution adds value and gives you a competitive edge in the marketplace. Whether you like it or not, if your user base accepts payments, you are – by default – in the payments …
• 6 December

  Eye on E-Commerce: GoDaddy’s Platform for WordPress, And Aeropay’s Mosaic Move

  

  The big Internet services provider GoDaddy Inc. said on Tuesday it is using its Manage WooCommerce Stores technology to help sellers open and manage a store on the WordPress online platform. The move, which could bring more small sellers into the e-commerce fold, is aimed at untangling the complexity GoDaddy …
• 6 December

  Looking to Sharpen Its Edge in Merchant Services, NMI Acquires Agreement Express’s Payments Assets

  

  Payment platform provider NMI has acquired Agreement Express Inc.’s merchant onboarding, underwriting, and monitoring technologies. The acquisition, which is for the payments portion of Agreement Express’s total business, is aimed at allowing NMI to provide integrated software vendors, independent sales organizations, and fintechs with tools that can speed up merchant …
• 6 December

  Curve Lines up $1 Billion for Flex And Other Digital Transactions News briefs from 12/6/22

  

  Curve OS Ltd. said it secured a deal with Credit Suisse to fund its first $1 billion in installment loans, via its Curve Flex product, in the United Kingdom, Europe, and the United States. London-based Curve announced Curve Flex in 2021. A survey from Bango PLC of 2,500 U.S. subscription users found that 65% said …
• 5 December

  Cantaloupe Expects Its $41-Million Deal for 32M To Net More Locations And Improve Margins

  

  Vending and unattended payments specialist Cantaloupe Inc. has closed on its $41 million acquisition of Three Square Market, known as 32M, and intends to use it as a springboard for expansion and improved profit margins. Three Square Market, with headquarters in River Falls, Wis., will generate an estimated $19 million …
• 5 December

  Real-Time Payments Will Grow Nearly 300% Over the Next Five Years, Juniper Predicts

  

  The growth of real-time payments over the next five years will gain momentum from cross-border transfers in a global economy, according to research released early Monday. Indeed, the total number of real-time transactions, also known as instant payments, worldwide will reach 376 billion in 2027, up 289% from 97 billion, …