The continuing popularity of the buy now, pay later won the attention of financial institutions some time ago, and now credit unions are starting to get in on the act. That news emerged Thursday as statistics from the big BNPL platform Affirm Inc. showed that the increasingly popular shopping service …
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The I-485 express lanes in North Carolina are the first U.S. highway to adopt connected tolling, allowing in-vehicle devices to collect tolling information and make payments, according to system provider Indra Sistemas S.A. Consulting firm Infosys Ltd. said it is working with Mastercard Inc. to offer what the parties say is enhanced access …
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Payments-orchestration platform Run Payments has launched Run Merchant, an application that consolidates a merchant’s payment infrastructure into a single portal, making it easier to access payment data across multiple gateways and processors. Run Merchant supports payment acceptance via virtual terminals, hosted payment pages, and application-programming interfaces. Additional features include a …
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Delivery provider Instacart has been on a tear to enroll grocers, such as the four that adopted it as their e-commerce platform in November, and is now looking to independent grocers for expansion. Instacart Thursday said it will work with wholesale grocery Merchants Distributors LLC to reach these grocers. Instacart, …
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Shares in PayPal Holdings Inc. traded down toward the end of the day Wednesday following a report from Reuters that some banks in Europe were experiencing unauthorized direct debits from PayPal accounts, according to the BBC. PayPal told Reuters some banking partners had been affected by “a temporary service interruption” and the …
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Dutchie, a payments platform provider for more than 6,500 cannabis retailers in the United States and Canada, announced Wednesday the launch of two new enhancements to its platform, E-commerce Pro and the Certified Partner Program. E-commerce Pro is an omni-channel shopping application that embeds payments, loyalty, and marketing capabilities across cannabis retailers’ …
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Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …
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Worldpay LLC announced it will continue processing payments for Henry Schein One under a new long-term contract. A dental-software house, Henry Schein One, serves 75,000 practices. Worldpay is in the process of becoming part of Global Payments Inc. Private-equity firm GTCR has acquired Innovative Systems, a 27-year-old provider of payments and bill-processing software. …
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Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …
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Ensuring healthy merchants are added to a portfolio, and taking care of them once they’re admitted, are two major priorities for acquirers. LegitScript, which provides merchant and product certification and onboarding services, helps organizations vet new merchants and has released updates for its onboarding product. Meanwhile, processor Elavon, a subsidiary …
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