Acquiring

Payments provider Pineapple Payments announced Friday it has acquired 1st Payment Systems, a provider of private-label payment processing and omni-channel payment technology for integrated software vendors (ISV) in the powersports and health-care industries. Terms were not disclosed.  The acquisition strengthens 1st Payment’s ability to service its customers by leveraging Pineapple’s Transax …

Givingli Inc., an app provider for virtual greeting cards and gifts, will use the Blackhawk Network platform to allow app users to send digital gift cards.Gateway NMI outlined its 2021 ambitions, including launching a tap-on-phone solution that will build on its recent partnership with Mastercard Inc.’s Cloud Tap on Phone.Gamber-Johnson LLC, a maker of mounting …

As consumers’ comfort level with online sports betting grows, a quick and frictionless payout of winnings will play a key role in their choice of an online gaming vendor, says a study released Thursday by payment-platform provider Paysafe Group. Of the more than 2,000 online-sports bettors surveyed by Paysafe across …

The holiday shopping season may be over, but the holiday returns are coming in at full force. Data from PSCU, a credit union service organization, showcases the impact the rise in e-commerce spending is having on returns. Return purchases using debit cards were up 76.2% for the week ending Jan. …

Vanco Payment Solutions Inc., a payments provider specializing in the educational and faith-based sectors, said it acquired SmartcareOS LLC, a software provider for child-care centers. Terms were not announced.Entrust Corp., a provider of technology for identity, payments, and data protection, announced it acquired HyTrust Inc., a vendor of data-encryption, key …

CardFlight Inc., a provider of payment hardware and software-as-a-service payment applications, announced Wednesday a major product line expansion into the burgeoning market for countertop point-of-sale devices that can function as cash-register replacements. The new line of terminals, on which merchants can run CardFlight’s SwipeSimple software, includes a trio of models …

Standards are the prerogative of the International Organization for Standardization (ISO) for most industries around the world. According to ISO, “ISO standards are internationally agreed by experts” and “should be thought of as a formula that describes the best way of doing something.”  Unfortunately, the roles of ISO and its …

Visa Inc. has dropped its year-old, $5.3-billion bid for the data network Plaid Inc. in the wake of an antitrust lawsuit filed by the U.S. Department of Justice. The DoJ feared Visa could use Plaid’s links to financial institutions to stifle competition in the debit market, a contention Visa denied.The big drugstore chain Walgreen …

Mobile point-of-sale specialist CardFree Inc. announced Torchy’s Tacos, with 83 locations across seven states, has adopted its contactless ordering and services technology. Also, restaurant commerce provider GoTab Inc. debuted a contactless ordering starter kit for hospitality operators. San Francisco-based CardFree says the Austin, Texas-based Torchy’s Tacos started with online ordering and …

Wells River Bank has agreed to join the Real Time Payments network operated by The Clearing House Payments Co. LLC. The bank will connect to the network through the Shazam EFT network’s Shazam Pay faster-payments gateway.Payments provider Lightspeed POS Inc. launched its Lightspeed Supplier Network, a platform aimed at North American merchants to …