Global Payments Inc. early Monday announced it will make its Netspend prepaid card services available via Amazon Web Services. While reporting a strong performance for the June quarter, the Atlanta-based processing company also said it is acquiring from Spain’s Caixabank the payments businesses of the bank’s Bankia unit. The move …
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NCR Corp. said it will acquire LibertyX, a cryptocurrency software provider. Its software runs on ATMs and point-of-sale systems. Terms were not disclosed. The deal is expected to close later this year.EVO Payments Inc. said it acquired Anderson Zaks Ltd., a payment gateway based in the United Kingdom. Terms were not disclosed.Paysafe Ltd. said it …
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MoneyGram International Inc. said its money-transfer business generated revenue of $304.9 million in the second quarter, a 20% increase from $253.1 million in the year-ago quarter. Transaction growth for the segment increased 20%, too. A full 33% of these transactions were digital, the Dallas-based payments company reported. That’s up from …
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Alphabet Inc.’s Google unit is betting its partnership with Marqeta Inc.to issue a tokenized virtual Google Pay card will entice consumers to use Google Pay more often for day-to-day purchases online and in-store. The new card, announced this week, allows users to make purchases with their Google Pay balance using a …
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Amazon.com Inc. reported its sales for its online stores totaled $53.2 billion in the second quarter, up 16% year-over-year. Physical-store sales rose 11% to $4.2 billion.Cryptocurrency-payments processor BitPay Inc. said it now supports Litecoin in the BitPay Wallet app. Newegg.com is the first merchant to accept Litecoin through BitPay. Litecoin is the 13th-largest …
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As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …
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The Zelle peer-to-peer payment network processed $120 billion on 436 million transactions in the second quarter, up 58% and 68%, respectively, year-over-year, according to network operator Early Warning Services LLC.Card-present transactions at small businesses are up 83% over the pre-Covid baseline of March 2020, according to the latest CardFlight Small Business Report. The …
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PayPal’s boss made a declaration Wednesday afternoon that may have been as much a warning to incumbent merchant acquirers as it was a promise to storefront merchants. Referring to PayPal’s new transaction pricing schedule, expected to go into effect Aug. 2, chief executive Dan Schulman made it clear PayPal will …
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As open banking continues to gain momentum, providers of the technology continue to grow their ecosystem of partners to make it easier for financial institutions to validate accounts and the availability of funds within an account. Nymbus, a provider of banking-technology solutions, has partnered with Plaid Inc. to authenticate and fund …
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Euronet Worldwide Inc., a Kansas-based company that provides digital-payments services in Europe, reported second-quarter revenue of $714.7 million, up 35% year-over-year.Chargebee Inc., a subscription and recurring-billing platform, announced an update that includes automated usage-based billing, dedicated data centers, item-level discounts, and new checkout features.IR, whose technology enables merchants to analyze …
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