American Express Co. said it has launched a travel app that combines travel-planning and booking capabilities. Developed in response to cardholders it says are looking for an app that provides travel insights, premium offers, and high-value benefits, the app guides cardholders in planning their getaway through what AmEx calls “curated …
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Peer-to-peer payments competition has increased with the debut of PayPal links, a new way for PayPal users to send funds to others. PayPal links enable users to create a personalized link to share that contains the amount and a short description. PayPal says they can be shared in any conversation, …
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Merchants caught up in three pricing class-action lawsuits involving Discover Financial Inc. have a proposed settlement to evaluate, according to a notice from the U.S. District Court for the Northern District of Illinois. Announced Thursday, the settlement could see eligible merchants receive payments for Discover-issued consumer credit cards that were …
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Klarna Group plc, a Sweden-based buy now, pay later platform with major U.S. operations, said its initial public offering closed with 34.3 million shares outstanding at an IPO price of $40 per share. Klarna closed at $42.74 per share after the first day of trading Thursday. Alipay said its Alipay Tap! contactless-payment service …
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Nuvei Corp. is adding the Paze digital wallet as an option for its merchants just as the much-anticipated fourth quarter nears. Paze is the online wallet from Early Warning Services LLC that is meant to expedite the checkout process for e-commerce businesses. Montreal-based Nuvei, privately held since last year, joins …
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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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Buy now, pay later services might be mostly associated with e-commerce, but BNPL providers are steadily moving acceptance into stores. The latest is Klarna AB with Monday’s announcement it is now an in-store payment method at more than 400 Walmart Inc. locations across Canada. Sweden-based Klarna says Walmart is its …
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Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …
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Credit card users are almost as satisfied using a buy now, pay later option as they are a credit card, finds new research from YouGov. Meanwhile, American Express Co. is adding new perks to entice its cardholders. The YouGov report, which is based on rolling survey data collected from U.S. …
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The payments-technology firm Gr4vy Inc. said it will work with Datalex, a technology provider for airline e-commerce, to enable payment orchestration capabilities for the airline industry. Payments provider Priority Technology Holdings Inc. said it has closed on an acquisition of revenue agreements and customer relationships owned by Boom Commerce, a Priority reseller. Priority said it expects …
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