Instant Financial is tapping virtual card payments to make it easier for employers to pay their workers quickly and securely with its Virtual Paycard. In related news, U.S. Bank is marketing a new embedded service, U.S. Bank Payroll, to help small businesses better manage their payrolls. Atlanta-based Instant Financial says …
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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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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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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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Six months after issuing an API code to enable surcharging for online transactions, Chicago-based Yeeld released YeeldPay, its surcharging program for merchants. Yeeld says YeeldPay is a no-code payment page that provides merchants across the United States with a compliant surcharging program that, because it uses the Yeeld Surcharging API, …
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Fintiv Inc., a digital-wallet developer, has sued Apple Inc., alleging the iPhone maker stole mobile-wallet technology from Fintiv to further its development of Apple Pay. The case was filed in the Northern District of Georgia, Atlanta Division. Apple Pay debuted in October 2014. Fintiv at the time was known as …
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With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One Financial Corp. emerges as the big winner. U.S. District Court for the District of North Dakota Judge Daniel …
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CDK Global LLC, a provider of cloud-based software for auto dealerships and original equipment manufacturers, has launched SimplePay, a cloud-based payments solution for auto dealers. Austin, Texas-based CDK developed SimplePay to help dealers streamline payments throughout their dealerships, such as service, parts, and accessories purchases through a single platform. The …
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The processor Nuvei said it has expanded its global clearing and settlement services into the U.S. and Canadian markets. Mastercard Inc. reported second-quarter net revenue of $8.1 billion, up 17%, with net income of $3.7 billion, a 14% rise. Lightspeed Commerce Inc. reported June-quarter revenue of $304.9 million, up 15% from the same period …
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