January 18, 2022
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Mastercard Inc. said it is enabling Mastercard-branded cards to be used for purchases on Coinbase’s upcoming NFT marketplace. NFTs, or non-fungible tokens, are digital goods.Accounting-automation company Bookkeep announced integrations with Stripe, Sage Intacct, and NetSuite. The company, which serves more than 600 retailers and restaurants, also offers links to Shopify, Square, Amazon, and …
Read More »
January 14, 2022
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Payroc WorldAccess LLC said it acquired East Commerce Solutions, a merchant service provider, which has more than $2 billion in annual processing volume. Terms were not disclosed.NCR Corp. said it has closed on its acquisition of LibertyX, a provider of software for cryptocurrency transactions at ATMs and on various payment-acceptance devices. LibertyX …
Read More »
January 12, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Mobile Commerce, Point-of-sale
Buy now, pay later loans are extremely popular, especially among Millennials and Gen Zers, because the loans give them more purchasing power, and they can spread out the payments, usually without having to pay interest. Yet, despite the immense popularity of BNPL loans, evidence is emerging that consumers with multiple …
Read More »
January 12, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Prepaid Cards, Transaction Processing
Visa Inc.’s Back to Business study found 82% of small businesses plan to accept some form of digital payment in 2022, with 24% saying they plan to accept digital currencies like Bitcoin. The study canvassed 2,250 small-business owners and employees in nine countries, including the United States.Payments provider Lightspeed Commerce Inc. said its merchants …
Read More »
January 10, 2022
Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Commerce, Point-of-sale
As part of its drive to increase operating efficiency, Checkers Drive-In Restaurants Inc. is rolling out an artificial intelligence-based voice-automated ordering system. The system will enable consumers to place orders at the drive-thru lane of corporate-owned Checkers and Rally’s restaurants without the assistance of a restaurant employee. Checkers, which specializes …
Read More »
January 7, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Featured, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
E-commerce was hitting its stride before the pandemic, but two years later it’s clear sales volume via desktop and mobile devices is exploding. Online sales in the United States jumped fully 60.4% in December compared to December in 2019, according to the latest SpendingPulse report from Mastercard Inc., released late …
Read More »
January 5, 2022
Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale
As part of its strategy to bring digital- and mobile-banking experiences to its customers, Synovus Financial Corp. has introduced a mobile virtual commercial credit card. The Visa Inc.-branded cards, which businesses can generate and send to employees, vendors, and contractors through a mobile app, will be enabled in a digital …
Read More »
January 5, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Rev USA, a unit of Rev Worldwide Inc., announced a nationwide launch for its X World Wallet, app-based account that includes features such as loyalty and travel bookings and can be linked to physical and digital Visa cards.Computer Services Inc., a payments processor for financial institutions and corporate clients, reported …
Read More »
January 4, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Smart Cards, Vending
A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …
Read More »
January 3, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale
Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
