Luma Health Inc. debuted LumaPay, which allows patients to pay medical bills via text messages.U.S.-based payments provider FreedomPay said it is working with Network International to provide digital-payment capability to the hospitality industry in the Middle East and Africa region.Canada-based Kapsch TrafficCom announced it has now manufactured 100 million toll-payment transponders, which are used in …
Read More »How Square’s Embrace of Apple Could Help Propel a Trend Toward ‘SoftPOS’
Square intrigued the payments industry a decade ago when it emerged to provide small sellers with a simple dongle they could attach to a mobile phone to accept card payments. Now Square says it’s moving to the next step. The company announced Thursday that later this year it will adopt …
Read More »Huntington Creates Payment-Strategy Unit and other Digital Transactions News briefs from 6/3/22
Huntington Bancshares Inc. said it is establishing a unit within the bank dedicated to payments strategy and investment. Amit Dhingra has been appointed to lead the group as Enterprise Payments Director.A platform called i-payout said it is launching a real-time service for payouts in the U.S. and Canada. Rather than …
Read More »Shopify Teams With DePay to Bring Token Acceptance To E-Commerce Merchants
The drive to achieve mainstream merchant acceptance of cryptocurrency received a boost Thursday as Shopify Inc. and DePay, a Swiss blockchain payments platform, teamed up to enable consumers to send direct payments to Shopify merchants’ wallets. Shopify will leverage DePay’s blockchain to enable merchants to receive any preferred tokens, with …
Read More »Shoplazza Integrates With Payoneer and other Digital Transactions News briefs from 6/2/22
Shoplazza, a shopping-cart technology provider for more than 360,000 merchants, said it will support integration of payments-acceptance capability from Payoneer into its clients’ Web stores.Billing and payment platform Kill Bill and Wovenware, a provider of artificial intelligence and software engineering services, said Wovenware created an open-source plugin that integrates e-commerce processor Adyen to the …
Read More »Eye On BNPL: Affirm and Stripe Team Up, As Do Klarna And Marqeta
In a sign of buy now, pay later’s deepening penetration of digital payments, Affirm Inc. is partnering with payments-technology provider Stripe Inc. to make its Adaptive Checkout application available to Stripe clients in the United States. Launched in 2021, Adaptive Checkout uses Affirm’s decisioning engine to offer consumers personalized bi-weekly …
Read More »Payoneer Forges Ties to Online Games Marketplace SEAGM And BNPL Bazaar Optty
Since going public a year ago, Payoneer Global Inc. has been capitalizing on its capabilities in key cross-border payments capabilities, including direct transfers and mass payouts. Its reach now includes big international online marketplaces with its announcement early on Wednesday that it will process payments for merchants selling on SEAGM, …
Read More »Fundbox’s Visa Debit Card and other Digital Transactions News briefs from 6/1/22
Visa Inc. has collaborated with working-capital platform Fundbox to launch the Fundbox Flex Visa debit card, issued by Pathward N.A.KindTap Technologies, a payments provider specializing in the cannabis industry, has integrated with Dispense, an e-commerce platform, to allow merchants using Dispense to accept credit card and automated clearing house payments …
Read More »Paysafe Targets High Rollers by Raising Its iGaming Wager Limits
To expand its iGaming business and revitalize its digital-wallet business, Paysafe Ltd. on Monday announced it is increasing the wagering limit for high-stakes online gamblers using its Skrill USA wallet to fund their iGaming accounts. The feature is expected to appeal to high rollers who make five- and six-figures wagers. …
Read More »Cannabis Specialist POSaBIT Posts Strong Volume, Despite Industrywide Headwinds
Having weathered an industrywide downturn in sales that began during the third quarter of 2021, cannabis-payments processor POSaBIT Systems Corp. late Thursday reported strong first-quarter sales and revenue. Transactions totaled $103 million, a 61% increase from the same period last year, and revenues totaled $6.4 million, up 79%. Same-store sales …
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