Plenty of reports since the onset of the Covid-19 pandemic have documented how consumers have responded by shifting to e-commerce—some for the first time—but few reports break out the impact on the mobile segment of that number. It turns out the pandemic has spurred considerable shopping by mobile-phone users, as …
Read More »Afterpay BNPL App Adds Large Retailers and other Digital Transactions News briefs from 6/23/21
Buy now, pay later specialist Afterpay Ltd. said it is now available through its app to customers of Amazon, CVS, Dell, Kroger, Macy’s, Nike, Target, Walgreen’s, and other major brands.EVO Payments Inc. has added automated clearing house processing to its PayFabric gateway. EVO’s ACH processing can be integrated into a merchant’s Web site …
Read More »Eye on Acquiring: Shift4 Reaches $1 Billion in Weekly Volume; Nuvei Recruits Discover
Shift4 Payments Inc. on Tuesday announced it had reached a key milestone as it is now processing at least $1 billion per week in what it calls end-to-end payments volume. Shift4 earns more on end-to-end volume, which it processes itself, than on gateway traffic, which it passes off to other …
Read More »Repay Acquires Kontrol Payables and other Digital Transactions News briefs from 6/22/21
Repay Holdings Inc. announced its acquisition of Kontrol Payables, an accounts payable automation provider, for up to $11 million.Cryptocurrency-based payments processor GreenBox POS announced the launch of a pilot for its Coyni stablecoin token. Among other features, Coyni offers instant settlement as well as transaction deletions and reversals.Cryptocurrency processor Flexa Inc. said it will be …
Read More »PayPal Sets New Online Merchant Rates As E-Commerce Booms
PayPal Holdings Inc. is raising its online merchant rates in the midst of a boom in e-commerce but also reducing some fees as it keeps a wary eye on rivals such as Square Inc. and Stripe Inc. The new rates, which PayPal announced Friday, cover a sweeping range of transaction …
Read More »E-Complish’s Stake in Regal and other Digital Transactions News briefs from 6/21/21
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 …
Read More »360 Payments Teams With AutoVitals to Provide a Range of Contactless Payments
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 …
Read More »Atlantic-Pacific Processing Acquires Clique Payments and other Digital Transactions News briefs from 6/18/21
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 …
Read More »236% Uptick in Entertainment Purchases and other Digital Transactions News briefs from 6/17/21
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 …
Read More »Shopify Expands Shop Pay to Non-Shopify Merchants Selling on Facebook, Instagram, And Google
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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