Prepaid card platform Blackhawk Network launched eGift Card Links, which allows brands to let customers paste a link into an email, text, or social-messaging app. Recipients access the e-gift card by opening the link and can redeem it immediately. Judopay, a United Kingdom-based mobile-payments platform, said it is entering the North American …
Read More »Shift4’s Jaguars Tickets Deal and other Digital Transactions News briefs from 11/13/24
The National Football League’s Jacksonville Jaguars agreed to use Shift4 Payments Inc. to process ticket sales at its home venue, Everbank Stadium. Buy now, pay later provider Sezzle said retailer Rural King, with 130 stores, will offer the BNPL service. Payments provider Repay Holdings Corp. reported third-quarter revenue of $79.1 million, up 6% from the same …
Read More »Visa Credential Tech Coming to U.S. and other Digital Transactions News briefs from 11/12/24
Visa Inc. announced it is bringing its Visa Flexible Credential to the U.S. market, starting with Affirm Inc.’s Affirm Card, a debit card that supports buy now, pay later functionality. The network simultaneously is launching the technology in the United Arab Emirates. The flexible credential technology enables users to make payments from a …
Read More »Western Union’s Data Sharing Plan and other Digital Transactions News briefs from 11/11/24
The Western Union Co. announced a data-sharing service aimed at allowing businesses to use information from the payments platform to more sharply target marketing efforts at consumers globally. Visa Inc. has agreed to support palm-recognition technology for payments developed by Tencent, the China-based social-media company, starting in Singapore. The fintech PhotonPay announced it will …
Read More »Eye on Crypto: Detroit To Accept Crypto in 2025; Alchemy Pay Doubles U.S. Licenses
The Motor City will add cryptocurrency payments for taxes and some fees in 2025, while Alchemy Pay gains money-transmitter licensing approvals in four U.S. states. Detroit will begin accepting cryptocurrencies for city fees and taxes, becoming the largest U.S. city so far to do so, says a statement from Mayor …
Read More »Eye on Digital Wallets: Ingenico Supports Crypto Acceptance Via Axium Terminals; Mastercard Launches Local Pay for Digital Wallet Providers
The push to make cryptocurrency a mainstream payment option got a boost early Tuesday as terminal maker Ingenico announced it is partnering with cryptocurrency exchange Crypto.com to accept cryptocurrency through its Axium Android terminals. Merchants accepting cryptocurrency through the Ingenico terminals can settle transactions through their Ingenico merchant wallet in …
Read More »SumUp’s Tap to Pay and other Digital Transactions News briefs from 10/29/24
The payments fintech SumUp said it has made Tap to Pay on iPhone capability available for clients in Sweden, Ireland, Austria, Czech Republic and Romania. The technology allows merchants to accept card payments with nothing more than an iPhone. Payment Solutions Providers Services Inc., a Canadian fintech, has agreed to acquire the …
Read More »Shift4 Puts Its Weight Behind Cryptocurrency as a Payment Option
Shift4 Payments Inc. early Monday gave cryptocurrency a big shot in the arm as a payment option with the announcement it will support digital currencies across its merchant network. Shift4 will support coins including Bitcoin, Ethereum, and Solana SOL, as well as US Dollar Coin and other major stablecoins, …
Read More »Apple Pay’s 10th Anniversary and other Digital Transactions News briefs from 10/17/24
Apple Inc. which is celebrating the 10th anniversary of the introduction of Apple Pay, said the payments service is now supported by more than 11,000 banks and networks globally and has attracted “hundreds of millions” of users in 78 markets around the world. Buy now, pay later provider Klarna AB payment options …
Read More »‘The Days of Easy Secular Growth Are Behind Us,’ Warns a New Report
Payments revenue, which grew at a healthy clip through last year, is going to see a drastically slower growth rate over the next five years, argues the Boston Consulting Group in a report issued early Monday. Worldwide payments revenues, which totaled $1.8 trillion last year, will increase at a compound …
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