Acquiring

Digital-currency platform Bit.Store launched its Visa Virtual Crypto Card, a prepaid card that can store Bitcoin and offers cashback rewards on transactions. The social-media platform X has reportedly established a “dedicated account” that could transact in cryptocurrency for the platform’s expected peer-to-peer payments service. There has been no official word so far from X, formerly …

Synchrony Financial said it will acquire the point-of-sale financing business of Ally Financial Inc. The portfolio includes $2.2 billion in loan receivables and includes relationships with nearly 2,500 merchant locations and more than 450,000 active borrowers in home improvement services and health care. Terms were not disclosed. Alchemy Pay, whose gateway …

Lightspeed Commerce Inc. has partnered with golf-course management company GreatLIFE Golf & Fitness to provide point-of-sale technology for GreatLIFE’s GolfBack direct-booking engine. Lightspeed will begin deploying its POS technology at 14 golf courses operated by GreatLIFE in the Kansas City, Mo.-area, with plans to expand the technology to additional GreatLIFE-operated …

Sound Payments issued a slate of updates for its point-of-sale system, including a way for retailers to categorize returns. Jacksonville, Fla.-based Sound Payments says the new return-categories feature enables merchants to catalog returns by size, reason for return, defective, and other custom variables. It also has a reporting component for …

Visa Inc. said it has closed on its acquisition of Pismo, a card-issuing and banking platform operating in Latin America, Asia-Pacific, and Europe. The announcement follows Visa’s agreement in June to acquire Pismo for $1 billion in cash. Payments-technology company Brightwell said it will implement Visa Direct to enable payouts to eligible bank accounts and …

Giant payment processor Fiserv Inc. wants to take on another aspect of the business with its application for a special bank charter in Georgia. The charter for a merchant-acquirer limited purpose bank, if approved, would enable Brookfield, Wis.-based Fiserv to interact with card networks directly instead of operating through a …

Payments-platform provider Payroc LLC has launched PayByCloud, low-code, semi-integrated technology for independent software vendors that establishes a cloud-based connection between Payroc’s application hosted on a payment device and the Payroc gateway.  PayByCloud is intended to eliminate the friction of connecting software to payment devices in the cloud, without the need …

Nuvei Corp. said it has agreed to process e-commerce transactions for Galeries Lafayette UAE, a unit of French Department Stores LLC. Linnworks, an e-commerce inventory and order-management software provider, said it is working with Lightspeed Commerce Inc. to enable Linnworks clients to connect to Lightspeed Retail. Fintech Varo Bank N.A. announced it is offering a …

MagicCube Inc. has partnered with processor Shift4 Payments Inc. to make its iAccept softPOS application available to Shift4 merchants. MagicCube’s i-Accept app turns Android smart phones and tablets into PCI-compliant payment devices that can accept contactless payments using tap-to-pay with or without a PIN. The deal is considered a boost …

With a variety of checkout strategies confronting merchants, NCR Voyix, which styles itself the “world’s largest self-checkout vendor,” has launched new self-checkout technology that relies on a software-as-a-service foundation that enables stores to offer barcode scanning, contactless payments, and other features. The company’s announcement came on the opening day of …