March 7, 2023
Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
The payments orchestration platform Spreedly announced integrations to Venmo, PayPal Credit, PayPal Pay Later, and automated clearing house payments for clients of PayPal and Spreedly who process through PayPal’s Braintree unit. In related news, payments provider CellPoint Digital said airline Icelandair will use its Velocity payment orchestration platform to access payment providers in countries …
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February 22, 2023
Acquiring, Automated Clearing House, Credit Cards, Debit Cards, E-Commerce, Electronic Bill Payment, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The average U.S. household spends $29,459 per year on bills, amounting to 42% of income, according to the “2023 U.S. Bill Pay Market Size & Category Breakout Report” from bill-pay processor doxo. Mission Lane, a fintech providing access to credit and debit products to more than 2 million consumers, said it …
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February 20, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Vetsource, a provider of technology, pharmacy, and business services to veterinary practices, has added payment processing capabilities to its platform. In addition to supporting credit and debit cards, e-wallets, and online and automated clearing house payment-processing options, Vetsource says its new service will enable veterinary practices to offer payment methods …
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February 17, 2023
Acquiring, Automated Clearing House, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Entrust Group, an IRA administrator, said it is working with Stripe Inc. to ease credit card and automated clearing house payments for client contributions. Block Inc.’s Cash App will support a cash-giveaway promotion for Moe’s Southwest Grill on Feb. 24, with the total payout expected to be $25,000. U.S. Bank launched its Business …
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February 7, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Featured, Marketing, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Real-time Payments, Transaction Processing
Real-time payments are getting more attention in financial services, and vendors are quickly enabling the faster-payment capability. Among the latest to do so is Sionic Corp., with its suite of services that includes its Verified Rapid Payments, and Oracle Corp., with a new set of cloud-based banking services. Atlanta-based Sionic …
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January 31, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Digital Currency, Issuing/Originating, Law and Regulation, Marketing, Point-of-sale, Transaction Processing
Banking and payments professionals should watch for action from the Consumer Financial Protection Bureau on key areas such as open banking, credit card late fees, fintech partnerships, and buy now, pay later plans, warns Strategic Resource Management, a consulting firm. American Express Co. released its American Express Business Blueprint, a digital cash flow management service …
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January 27, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Point-of-sale, Transaction Processing
POSaBIT Systems Corp., a point-of-sale system maker for the cannabis industry, said it will acquire MJ Platform, Leaf Data Systems, and Ample Organics from Akerna Corp. for $4 million in an all-cash transaction. The deal will almost double the number of locations serviced by POSaBIT and expands its operations in Canada. …
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January 25, 2023
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The Colombia-based payments processor Redeban has adopted payments-technology provider Nuvei Corp.’s Nuvei for Payments embedded-payments platform. Nuvei earlier this month agreed to acquire payments provider Paya Holdings Inc. in a deal valued at $1.3 billion. Wafi Inc. launched Wafi.cash, a payment processing platform for e-commerce transactions that purports to eliminate redundant entities in the payment …
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January 23, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Featured, Marketing, Point-of-sale, Transaction Processing
Dealer Pay, a provider of point-of-sale technology to franchise and independent auto dealers, has updated its platform with several new features intended to deliver a better customer experience. Dealer Pay’s “send payment request” features enable dealers to collect payments directly from the customer via text messaging or email. Dealers can …
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January 19, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, E-Commerce, Mobile Commerce, Mobile Wallets, Point-of-sale, Prepaid Cards, Transaction Processing
Desjardins Group, said to be the biggest financial cooperative in North America, said it will transfer its credit card processing function to Fiserv Inc. The deal is said to be the first such “large-scale” engagement in Canada for Fiserv. Business-to-business buy now, pay later platform Playter launched Paid, a service that lets Playter clients …
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Digital Transactions Authoritative, insightful and timely information for payments professionals
