June 21, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Electronic Bill Payment, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Payments provider E-Complish announced it acquired an outstanding interest in Regal Technologies LLC, which provide automated clearing house and other payment services.Payments provider Shift4 Payments Inc. said it will process transactions for BetMGM, an online gaming and sports-betting platform.Payments provider ACI Worldwide Inc. said it is working with the Foundation for California Community Colleges to …
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June 18, 2021
Acquiring, Competitive Strategies, Marketing, Point-of-sale, Transaction Processing
AutoVitals Inc., a provider of auto-repair shop management software, announced Friday it is teaming with payments processor 360 Payments to provide independent auto-repair shops a range of payment options, including text-to-pay functionality. By adding 360 Payments to its platform, AutoVitals said it will round out its digital offering to provide …
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June 18, 2021
Acquiring, Competitive Strategies, Digital Currency, Marketing, Mergers & Acquisitions, Mobile Wallets, Person-to-Person Payments, Point-of-sale
Atlantic-Pacific Processing Systems NV Corp. has acquired Clique Payments Inc., a provider of cloud-based software, for undisclosed terms. The deal will allow APPS to extend its integrations to include QuickBooks, FreshBooks, Xero, Sage, and other programs. The company supports more than 20 payment gateways.MoneyGram International Inc. said it has raised $97.6 million …
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June 17, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
Credit union service organization PSCU released its June edition of the PSCU Payments Index that found purchases made with debit cards in the entertainment category increased 236% in April over April 2020 and by 208% for credit cards.Cardtronics plc said CVS Health is enabling the ATM operator’s Allpoint network of surcharge-free ATMs at …
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June 16, 2021
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Shopify Inc. is making Shop Pay, its one-click checkout engine, available to all merchants selling on Facebook, Instagram, and Google, including those that don’t use the Shopify e-commerce platform to manage their online stores. It is the first time a Shopify product has been made available to non-Shopify merchants, the …
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June 16, 2021
Acquiring, Competitive Strategies, Marketing, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Visa Inc. is bringing a point-of-sale payment-acceptance application that uses commercially available consumer smart phones on tour to U.S. small businesses, it announced Wednesday. Using a smart phone from ZmBizi LLC loaded with the POS app, 50 small businesses in Washington, D.C., will be able to accept payments without having …
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June 16, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Electronic Bill Payment, Fraud & Security, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Point-of-sale
Payments provider Repay Holdings Corp. closed on its $503-million cash-and-stock acquisition of BillingTree, an 18-year-old payments-technology provider. The deal, the largest in Repay’s history, was announced May 10.NCR Corp. said it expects to close its $2.5-billion acquisition of ATM-network specialist Cardtronics plc on June 21. The merger agreement was announced in January.Freight-payments provider PayCargo received a $125-million Series …
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June 15, 2021
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …
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June 15, 2021
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale
American Express Co. said its Kabbage unit now offers Kabbage Checking to U.S. small businesses. AmEx also said it now offers Kabbage Funding to small businesses with lines of credit ranging from $1,000 to $150,000.Global Payments Inc. has launched a point-of-sale application that operates on commercially-available, off-the-shelf mobile phones, reported The Paypers …
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June 14, 2021
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Transaction Processing
Payments provider Adyen NV announced the Office of the Comptroller of the Currency has approved the company’s application for a federal foreign branch in San Francisco. The Federal Reserve granted its approval in May. Adyen says the U.S. branch license will allow its single platform to scale and introduce more services for …
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