Shopify Inc.’s 1.7 million-plus merchants will have access to Google Cloud technology in more regions under a new agreement.Buy now, pay later provider Klarna Bank AB said its U.S. user base more than doubled in April year-over-year, to 17 million. The user base worldwide totals 90 million.The big France-based processor Worldline S.A. has agreed to …
Read More »As Consumers Crowd Into E-Commerce, Square Looks to Ease Seller Listings on Google
With merchants of all sizes looking to get in on the rush to e-commerce triggered by the Covid-19 pandemic, Square Inc. announced Thursday morning a service that lets sellers set up a product listing on Google. The new program, aimed at merchants using Square for Retail, aims at simplifying online …
Read More »Repay’s Online Cash Deal and other Digital Transactions News briefs from 5/26/21
Payments-technology provider Repay Holdings Corp. said it has struck a deal with processor Paysafe Group to allow Repay merchants to receive cash payments at any of 60,000 retail locations linked to Paysafe’s eCash service.Liv.rent, a platform for apartment tenants to pay rent, introduced a capability allowing tenants to pay in Bitcoin while landlords receive …
Read More »Eye on Acquisitions: Sift Embraces Chargeback, While GreenBox Buys an ISO
Sift Science Inc. has agreed to acquire Chargeback Inc., a specialist in applying dispute-resolution technology to help merchants resolve chargebacks. Terms were not announced. The deal comes as card-not-present fraud in particular is soaring as consumers over the past year have adopted online shopping, many for the first time. U.S. …
Read More »dLocal Launches IPO and other Digital Transactions News briefs from 5/25/21
Payments platform dLocal Ltd. announced the launch of its initial public offering involving more than 29 million shares with an estimated price range of $16 to $18 per share.ACI Worldwide Inc. is collaborating with JPMorgan Chase & Co. to combine Chase’s European acquiring platform with ACI’s payments platform in an offering to merchants …
Read More »ThetaRay Introduces an Anti-Money Laundering Tool for Cross Border Payments
With criminals continually devising ways to defeat rules-based applications used for detecting illicit cross-border payments, ThetaRay Ltd., an Israel-based cybersecurity and data-analytics firm, on Monday introduced SONAR, a software-as-a-service-based machine-learning application that detects known and unknown risks associated with cross-border payments. Using machine-learning algorithms, SONAR identifies normal characteristics within specific …
Read More »Tappit Lands College Deal and other Digital Transactions News briefs from 5/24/21
Payments technology provider Tappit said it is providing its white label, touchless mobile payment service to Learfield IMG College, a media and technology services company in intercollegiate athletics. Learfield will offer the service to university athletic departments that can integrate the service into their mobile apps.Payments provider Rev19 LLC, founded in 2017, has rebranded as …
Read More »QR Codes And Digital Wallets Are Gaining Popularity Fast Among Consumers
Quick Response codes are one of the many payment options to flourish as consumers embrace digital and contactless payments in the wake of the Covid-19 pandemic, says a report from Blackhawk Network Inc. Of the 13,000 respondents surveyed across nine countries representing nearly half of the world’s card-payment volume, 18% …
Read More »A Standalone Kitchen Display Pushes Square Deeper into Restaurant Management Software
The Covid-19 pandemic forced many restaurants to change the way they do business by providing online and mobile ordering, and even setting up pickup and delivery-only kitchens to meet consumers’ changing ordering preferences. With that need in mind, Square Inc. on Thursday announced its kitchen-display system, Square KDS, will now …
Read More »Certegy Debuts White-Label BNPL Option and other Digital Transactions News briefs from 5/20/21
Certegy Payment Solutions LLC added a white-label version of its buy now, pay later service that enables merchants to add their own branded BNPL option.Buy now, pay later specialist Quadpay Inc. said its inaugural “Quadpay Fest” sale, which offered deals to users over a four-day period, saw 40% of purchases on average made …
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