Saturday , January 28, 2023

Acquiring

Priority Lines up Gift Card Providers Other Digital Transactions News briefs from 1/20/23

Priority Technology Holdings Inc. said it will offer merchants gift card products from Factor4 and GiftYa. Doma Holdings Inc., a technology platform for the real-estate industry, said it linked to payments provider paymints.io to allow home buyers to deposit earnest money digitally. The Electronic Transactions Association announced its 2023 board of directors. Eric Hoffman, …

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Discover Network Reports Its Fourth Quarter Volume Grew 9.2%

Discover Financial Services posted single-digit growth rates for both its Pulse and Discover network units in the fourth quarter of 2022. Discover on Thursday said volume on its Discover Network was $58.1 million in the quarter, a 9.2% increase from $453.2 million in the year-ago quarter. Pulse, Discover’s debit network, …

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Fiserv Wins Desjardins Card Account Other Digital Transactions News briefs from 1/19/23

Desjardins Group, said to be the biggest financial cooperative in North America, said it will transfer its credit card processing function to Fiserv Inc. The deal is said to be the first such “large-scale” engagement in Canada for Fiserv. Business-to-business buy now, pay later platform Playter launched Paid, a service that lets Playter clients …

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Circle K’s New EV Charging Service Plugs into Billing

Convenience store chain Circle K is migrating its electric vehicle charging network to Driivz, a service that includes scalable EV charging billing. Tel Aviv-based Driivz says the network includes more than 600 public EV charging stations in Europe and North America.  Laval, Quebec-based Alimentation Couche-Tard Inc., parent company of Circle …

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Big Boy Goes Chainwide with Oracle And Other Digital Transactions News briefs from 1/18/23

Oracle Corp. said restaurant chain Big Boy Restaurant Group LLC will adopt its Micros Simphony Cloud Point of Sale and Oracle Payment Cloud Service. Payments provider Paysafe Ltd. said it has expanded its processing services to sports betting in Ohio. The move follows on the heels of Paysafe’s entry in the Maryland sports-betting …

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Eye On Stadium Pay: Cheq’s First of Five Planned Deals; Shift4 Scores in Soccer

Cheq Inc. continues its expansion into the highly competitive market for in-stadium payments through a deal with the Sacramento Kings of the National Basketball Association. The agreement includes mobile ordering, social payments, and express kiosks at Golden 1 Center, the Kings’ home arena. The deal is the first of five …

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ACI Launches Its Instant Pay in the U.S. And Wallet Acceptance Internationally

ACI Worldwide Inc. early Tuesday announced it is offering a real-time payments service to U.S. merchants and launched a platform to ease acceptance of digital wallets for merchants in more than 70 countries. ACI Instant Pay is aimed at easing acceptance of online and mobile transactions, as well as payments …

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Lightspeed Lays Off 300 Staff And Other Digital Transactions News briefs from 1/17/23

Point-of-sale system maker Lightspeed Commerce Inc. said it will reorganize as it contends with a shifting economy. Among its actions are the elimination of 300 jobs, accounting for approximately 10% of its overall employees. The Consumer Financial Protection Bureau is considering regulations governing the fees providers charge for cross-border money wires, according to The Wall …

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Eye On BNPL: Splitit Teams With AliPay for Pay on Delivery; Klarna Partners With Ingenico

Splitit Payments Ltd., a white-label buy now, pay later provider, has partnered with AliPay to offer Splitit’s Pay After Delivery option to consumers shopping on the AliExpress e-commerce marketplace. Pay After Delivery allows consumers to make a purchase using a credit card, then pay for it after delivery. The payment …

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MagicCube Strikes Deals With Mobile Device Makers And Joins the PCI Council

For several years, MagicCube Inc. has worked to prove that merchants can safely and speedily accept card payments with no hardware other than an off-the-shelf mobile device. Now the Santa Clara, Calif.-based company has added a new wrinkle to its strategy: agreements with device vendors that make MagicCube’s iAccept the …

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Digital Transactions