Digital Transactions Authoritative, insightful and timely information for payments professionals
Competition in the hotly contested restaurant point-of-sale market continues to heat up as vendors transform themselves from payment-device providers to technology hubs. Sausalito, Calif.-based VividPayments LLC became the latest entrant looking to carve out a slice of the market Monday with the launch of Vivid POS, an iOS- and Android-based …
June, 2022
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27 June
LianLian Global Launches Cross Border Wallet to Iron Out Wrinkles for Small Online Sellers
E-commerce growth exploded during the pandemic, but international sales can be a challenge for small online sellers that confront challenges like currency conversions or sometimes burdensome fees. Early Monday, the cross-border payments firm LianLian Global announced its Cross Border Wallet, aimed at unraveling these challenges particularly for e-commerce merchants selling …
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27 June
ISVPay in Unattended Payments Deal And Other Digital Transactions News briefs from 6/27/2022
Payments platform ISVPay said it is working with Unattended Card Payments, a specialist in unattended hardware, on a full-service unattended payment service.Technology company Fobi AI Inc. has partnered with Barnet Technologies, a vendor of sales and inventory-management software, to launch Bevy Pass, a digital wallet for the retail liquor and hospitality industry.CAI Software LLC, …
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24 June
Mitigating fraud risk for merchants with a layered approach to security
By Steven Velasquez, Senior Vice President and Head of Partner Business Development for Elavon, Inc. The rise of global eCommerce due to pandemic-related consumer behavior, disruptions to the supply chain, and the current climate of geopolitical turmoil have converged to create a perfect storm for fraudsters and cybersecurity attacks. …
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24 June
Uplift Signs Sun Country Airlines, Expanding Its Travel Portfolio for BNPL
The expansion of buy now, pay later payment options in the travel industry continued with the announcement Thursday that Uplift has signed Sun Country Airlines. Through Uplift, passengers on Sun Country flights can split payments for their tickets with three, six, or 11 monthly installments as an alternative to paying …
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24 June
Kasheesh Launches an App That Lets Users Split Purchases Among Their Existing Cards
While buy now, pay later financing has been a big hit with consumers, especially those who use the loans to increase their buying power or as a budgeting tool, they have come under criticism for increasing debt loads for consumers with shaky finances. That has given rise to the idea …
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24 June
Blockspaces in Cogent Deal and Other Digital Transactions News Briefs from 6/24/22
Blockspaces, a company that links businesses to blockchain networks, announced it will work with Cogent Bank to use the bank’s real-time, tokenized payment platform and other services.Digital-giving platform DipJar said it is releasing early access to DipJar Online, an online version of its in-person fundraising app.Digital payments provider One Inc said insurer Union Mutual …
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23 June
Adyen Expands Its Relationship With McDonald’s to The U.S. Market
Adyen NV announced late Wednesday an expansion of its agreement to process mobile-app transactions for McDonald’s Corp. to include the United States. Adyen has processed payments from mobile apps for the global restaurant chain in the United Kingdom since 2020. As part the deal, Adyen will enable consumers enrolled in …
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23 June
Chip Shortfalls Will Plague Payment Card Deliveries Through 2023, the SPA Warns
Snarled supply chains and production shortfalls continue to plague the semiconductor industry, leading the Smart Payment Association to warn early Thursday that significant shortages in card deliveries will continue in the payments industry for at least another 18 months. What’s more, these credit and debit card deliveries that are being …
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23 June
Chargebacks911 Takes to the Air And Other Digital Transactions News Briefs from 6/23/22
Chargebacks911 said it is working with AirlinePros, a distribution company for airlines, to combat chargebacks wrongly filed against air carriers as air travel continues to recover.In related news, the Mastercard Economics Institute estimated 1.5 billion more passengers will book flights in 2022 than did so last year, indicating a rebound for air travel …
