The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants. Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce. The law …
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Canada-based processor Nuvei Corp. said it will support payments for beauty and fragrance merchant flaconi in additional European markets. Nuvei already processes for the merchant in Germany, Austria, Poland, France, Switzerland, the Netherlands, and Belgium. So far this year, the merchant has expanded to Denmark, Sweden, Finland, the Czech Republic, and Italy. …
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The Federal Trade Commission’s negative option rule, or click to cancel rule, for subscription management, has been struck down by the U.S. Court of Appeals for the Eighth Circuit because the FTC did not follow procedures for creating the rule, The Hill reported. The rule was set to start July 14, having been delayed …
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Worldpay Inc. is introducing in Canada and the United Kingdom its Worldpay for Platforms service, which allows software developers to embed payment processing in their platforms, the processor announced Tuesday. At the same time, Worldpay announced it is expanding availability of the service in Australia. Demand for embedded payments is …
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Truist Financial Corp. is courting merchants and their banking and payment needs with a new service called Merchant Engage. The free service is an integrated merchant-services platform, enabling small businesses up to large merchants to view all of their transaction data in one location. Announced Tuesday, Merchant Engage also brings …
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Payments provider PayJunction said it is working with customer-engagement platform Twilio to enable PayJunction merchants to process payments over the phone using AI-supported interactive voice-response technology. Gaming-industry specialist Pavilion Payments announced it will launch “VIP Preferred” funding solutions, including eCheck and deferred settlement, at three Pawnee Nation casinos. Kort Payments said it will work with …
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Restaurant-payments provider SpotOn has launched Picked for You, an AI-powered system that SpotOn says personalizes digital menus on behalf of restaurants in an effort to drive higher tickets. Working with Idex Biometrics, Mastercard Inc. is launching in Bangladesh its metal credit card, which includes technology supporting fingerprint authentication for in-store transactions. The issuer is …
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Restaurant-technology provider Olo Inc. has entered into an agreement to be acquired by software-investment firm Thoma Bravo. Thoma Bravo has agreed to pay Olo shareholders $10.25 per share in cash, a 65% premium over Olo’s unaffected share price of $6.20 as of April 30, 2025. Thoma Bravo has placed Olo’s …
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U.S. processor Worldpay Inc. announced it is establishing acquiring services in Thailand, furthering its operations in the Asia-Pacific region. Digital wallet Curve said it will work with the technologist Thales on Curve Pay for iOS, a mobile payment service that enables users to rely on their iPhone’s NFC chip to make contactless payments. Banking technology provider Alkami …
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Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …
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