Sunday , July 14, 2024

Acquiring

Raptor Acquires PayK12 and other Digital Transactions News briefs from 7/2/24

Raptor Technologies, a provider of software to schools, announced it has acquired PayK12, a platform for online payments and event ticketing for schools from kindergarten through 12th grade. Terms were not announced. Payments-technology provider SpotOn said it has joined the U.S. Foods Check Business Tools program, which provides technology and services to …

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Nayax Readies EV CloudPay for Burgeoning Electric Vehicle Charging Payments

Payments and commerce platform Nayax Ltd. is tapping the cloud to enable its EV CloudPay service designed for payments at electric-vehicle charging stations. Announced Monday, EV CloudPay enables motorists to pay for EV charging with a credit card, debit card, or mobile wallet via a physical payment-processing kiosk at charging …

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Tiptop Adds a New Twist to BNPL By Applying Trade-In Value to New Purchases

Tiptop Labs Inc., a payments-service provider, has launched a buy now, pay later program that allows consumers to trade in items for a credit toward a new purchase with select e-commerce merchants. The idea of applying trade-in value for a new purchase grew out of a trade-in-only app Tiptop launched …

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Credit Cards Remain the Preferred Travel Payment Option for 58% of North Americans

The iconic ad slogan “don’t leave home without it” may have had its heyday in the 1970s, but its message still rings true for many consumers, especially when they travel. Among North American consumers, 58% prefer to use a credit card when traveling, found a new report from TSG, a …

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Will Travel; Payroc’s Deal With i3 Verticals and other Digital Transactions News briefs from 6/27/24

Payments provider Payroc WorldAccess LLC has agreed to pay $440 million to acquire the merchant-of-record payments business of i3 Verticals Inc., a provider of software and services to public and private companies. Afterpay, a buy now, pay later platform and part of Block Inc., said 82% of BNPL users said the service …

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Merchants Look Forward to Their Day in Court After Judge Brodie Rejects the Interchange Settlement

Merchants are looking forward to making their case now that a judge has rejected a proposed settlement of their two-decades-long litigation with Visa Inc. and Mastercard Inc. over transaction costs. Late Tuesday morning, Margo K. Brodie, U.S. District Court Judge for the Eastern District of New York, issued a written …

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Visa’s Emergency Card Program and other Digital Transactions News briefs from 6/26/24

Visa Inc. unveiled Digital Emergency Card Replacement, a service that works on behalf of card issuers to replace lost cards with digital replacements, using text or email. Cardholders can store the replacement card in a digital wallet. Elavon launched Elavon Cloud Payments Interface, an application programming interface aimed at easing digital and …

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WeGetFinancing Partners With SensePass, While Klarna Plus Notches 100,000 Users

WeGetFinancing has partnered with SensePass, a provider of alternative payment solutions, to provide a buy now, pay later solution for high-ticket items. WeGetFinancing is a BNPL gateway operated by Emerging Payments Technologies Inc. Merchants on the SensePass platform can now offer BNPL financing for purchases of up to $15,000, with …

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Nuvei Readies UAE Expansion and other Digital Transactions News briefs from 6/25/24

The Canada-based processor Nuvei Corp. said it has received approval for a retail-services license from the central bank of the United Arab Emirates, laying the groundwork for an expansion into the UAE market. Fast-food chain Long John Silver’s said it is working with multiple technology vendors to update its digital and in-store ordering experience …

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After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout

Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced …

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Digital Transactions