Mastercard Inc. said it is expanding its Engage partner network to include open-banking firms. The first companies to join include Dwolla, FinTech Automation, i2c, Link Financial Technology, LoanPro, Nova Credit, Provenir, Synctera, Tern, and Usio Inc.Buy now, pay later processor Afterpay will offer installment payments for customers of beauty retailer Sephora. Afterpay, a …
Read More »Adyen Brings Tap-to-Pay on iPhone to U.S. Merchants
Apple Inc.’s long awaited tap-to-pay on iPhone technology is now live with Adyen NV merchants Vince, Burton, G-Star, and Scotch & Soda. The technology enables merchants to accept face-to-face payments using iPhones without special point-of-sale acceptance hardware. Consumers can use almost any near-field communication-enabled device, such as another iPhone, Apple …
Read More »Nayax’s Self-Checkout Kiosk And Other Digital Transactions News briefs from 7/13/22
Payments platform Nayax Ltd. announced the availability of the Nova Market self-checkout kiosk in its U.S. e-commerce shop. The device is aimed at micro-merchants.Open Payment Network said its application programming interface is linking Bridge Community Bank to The Clearing House Payments Co. LLC’s real-time payments network.CGI Technologies and Solutions Inc. announced that Peoples Trust …
Read More »Sionic Says Its CODE Pay Brings Real-Time Payments to the Point of Sale
Sionic Mobile Corp., a provider of consumer-to-business payments technology, on Tuesday launched CODE Pay a free mobile app for merchants that facilitates bank-to-bank, real-time payments at the point-of-sale. “Merchants have been looking for ways to cut costs and to get off the card network rails,” says Sionic chief executive and …
Read More »E-Commerce Sales up 7.5% so Far And Other Digital Transactions News briefs from 7/12/22
U.S. consumers have spent $451.7 billion online through June, a 7.5% year-over-year increase, Adobe Inc. said in its Adobe Digital Price Index.Payments association EPCOR announced its acquisition of the Central Oklahoma Clearing House Association, which includes its fraud alert and settlement service. Terms were not disclosed.Payments provider Digital River said it will integrate its Global Seller …
Read More »Argyle Payments Launches And Other Digital Transactions News briefs from 7/11/22
Payments professionals Joseph Daly and Eric Kellogg announced they formed Argyle Payments LLC, an independent sales organization that will focus on small and midsize merchants in high-margin specialty markets.Buy now, pay later provider Klarna AB closed on an $800-million funding round aimed at bolstering its stance in the U.S. market. The round values the …
Read More »EMS Expands Service Offerings By Taking a Majority Stake in Paysley
Merchant processor Electronic Merchant Systems announced Thursday that it has taken a majority stake in Paysley, a contactless payments software specialist that enables merchants to send payment requests and QR codes to customers’ mobile phones. Terms of the deal were not disclosed, but EMS chief executive Dan Neistadt tells Digital Transactions …
Read More »Nuvei Notes Online Gaming Integration and other Digital Transactions News briefs from 7/8/22
Payments provider Nuvei Corp. said it is integrating with GAN Ltd., a provider of Internet-gaming technology, to allow gaming operators to access Nuvei’s payments services.Point-of-sale system maker Toast Inc. said it acquired Sling, a business-management platform. Terms were not disclosed.American Express Co. and the National Trust for Historic Preservation announced 25 independent U.S. restaurants that …
Read More »Eye On Acquiring: Deluxe Expands Processing; Nuvei Signs Delivery Platform WeCook
Deluxe Corp. announced on Thursday a deal with Dupaco Community Credit Union to process transactions for its business clients using its First American by Deluxe service. The Madison, Wis.-based credit union has more than 120 business clients. The service will also be made available to new Dupaco business customers, Deluxe …
Read More »As Amazon’s Prime Day Shopping Spree Nears, Overall Consumer Spending Grows
In-store sales growth continued to outpace that of online shopping in June, though e-commerce sales may get a big boost next week. According to the Mastercard Inc. SpendingPulse report, in-store sales increased 11.7% last month over June 2021, and were up 10.7% from June 2019. And, while e-commerce sales experienced …
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