Everyone has bills to pay, and two payments companies are making moves to make that chore as easy as possible. Repay Holdings Corp. is working with SBT, or Solutions by Text, to enable financial-services providers to offer payment via text messages. Separately, InvoiceCloud Inc. is working with public-sector software specialist …
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Companies looking for a faster way to accept payments in fiat currencies but settle in stablecoins may have a new option in an integration announced Wednesday between XDC Tech and Bridge, the stablecoin unit of the payments-technology firm Stripe. Under the arrangement, merchants can accept dollars or other fiat currencies …
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MagTek Inc. said Winston POS completed an integration with MagTek’s MMS Dyna devices and the Magensa Payment Protection Gateway. ESW announced it has agreed to handle various cross-border operations, including payments, for KnitWell Group, whose brands include Ann Taylor, Chico’s, and Lane Bryant. Socure Inc. released Remote Verifier, a service to enable organizations …
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JetBlue Airways Corp. is embarking on a unique twist to its buy now, pay later payment method by tying its loyalty program and embedded financing from ClarityPay close together. Using ClarityPay’s service, which makes custom point-of-sale lending options available to a merchant’s customers, the program will be able to offer …
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PayPal is in play, as rival payments player Stripe has made an offer to buy the 27-year-old company at a reported valuation of more than $53 billion, according to a report early Wednesday by Reuters. The offer, at $60.50 per share, is backed by both Stripe and Advent International, a …
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Payments provider Priority Commerce announced it will process ticketing transactions for the National Football League’s Pittsburgh Steelers under a multi-year agreement. Priority Payments rebranded as Priority Commerce in late 2024. Gift card and loyalty technology provider Factor4 announced an integration with the MX POS platform from Priority Commerce. The integration is aimed at easing …
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Bill-payment technology provider Repay Holdings Corp. said its board has unanimously rejected a revised, unsolicited offer from Forager Capital Management LLC to acquire the company with a $5.25-per-share cash offer, arguing the bid undervalues the company. In related news, Repay has appointed Zachary F. Sadek to its board of directors. Sadek is a senior …
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Payoneer Inc. is continuing its software-development push with the opening of a new developer hub in India this week. In June, processor Nuvei Corp. said it would acquire Payoneer in a $2.75 billion deal that is expected to close mid-2027. New York City-based Payoneer says the hub, in Gurugram near …
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Mastercard Inc. is looking to sell a majority interest in its United Kingdom-based Vocalink payments-processing business, according to press reports that emerged early Monday. DeliveryCo, a technology company backed by U.K. banks and payments platforms, is reportedly a potential buyer. A 51% stake in 19-year-old Vocalink could fetch nearly $535 …
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Nu Mexico, a Mexico-based, 7-year-old credit card issuer with 15 million customers, received approval from regulators to begin doing business as a bank, making it the country’s largest digital bank. Singapore-based Webuy Global Ltd. launched its Smart Travel Card, which features assistance by AI agents in trip preparation, transportation, and payments, among …
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