Competitive Strategies

Automated clearing house payment acceptance is now available in the SwipeSimple point-of-sale app from CardFlight Inc., adding invoice and payment links to the mix. New York City-based CardFlight says ACH acceptance is immediately available to merchants processing with Nuvei Corp., which is providing the technology for it. Launched in 2014, …

Clients of Fiserv Inc. will reach 12 billion bank accounts and mobile wallets for payouts in more than 140 countries through a collaboration between the processor and cross-border payments platform Thunes, the parties announced. Xsolla, which supports payments for videogame players, said it has added more than 15 local payment methods worldwide …

Citigroup Inc.’s U.S. consumer-cards business says it will acquire card-marketing specialist Kard Financial Inc., while card issuer processor platform Lithic pairs with Monavate and online-gaming specialist Grandstand Ltd. issues a high-limit debit card. Citi, which has not disclosed terms of its deal, says New York City-based Kard provides personalized rewards …

PSQ Holdings Inc. said its PSQ Payments unit is a processing partner of Dealer Cash LLC, a collateral protection insurance and consumer lending provider to more than 100 automotive dealerships. Paysafe Ltd. announced a title partnership with Envision Racing, a team competing in Formula E events. The partnership will be known as Paysafe Envision …

Growth in iGaming helped drive overall payment volume for Paysafe Ltd. in the June quarter as the company recorded a 5% year-over-year rise in volume in its merchant-solutions unit, to $37.3 billion. The favorable results arrived as the company has “resolved matters that have hung over the company for some …

Findustry AI, an artificial intelligence platform specializing in payments, said its Chargeback Agent program is available for merchants processing with Maverick Payments. Chargeback Agent helps merchants automatically collect evidence from merchant systems, interprets card network requirements, builds the rebuttal, and submits responses, reducing the time to respond to a chargeback and potentially …

As e-commerce expands, issues pile up for both online merchants and their customers. One such problem concerns shipment tracking, a necessary function when packages go awry. That issue creates opportunity. Early Wednesday, Veho Tech Inc. announced an integration with the e-commerce giant Shopify that offers real-time delivery tracking data directly …

Small businesses dominate the U.S. economy, and two payments companies are taking steps to ensure they offer relevant services. First, Square added 3% cash back on Square Bill Pay transactions and the ability to pay vendors even if they don’t accept cards. And, with J.P. Morgan Payments’ backing, Dream Payments …

Francisco Partners has agreed to acquire Toronto-based Moneris Solutions Corp., a payments-technology developer, from Bank of Montreal and Royal Bank of Canada for $2 billion Canadian, or $1.43 billion U.S. The banks will each take half of the sale price. The two institutions have owned the Ontario-based processor as a …