Friday , March 29, 2024

E-Commerce

TCH’s ACH Volume up 8% And Other Digital Transactions News briefs from 3/12/24

The Clearing House Payments Co. LLC’s automated clearing house network, EPN, reported volume of more than 19 billion transactions for 2023, up 8%, with a total value of $52.4 trillion. Taulia, which provides technology to manage working capital, said it will incorporate into its Taulia Virtual Cards digital payments technology from Visa …

Read More »

SheerID And Payment Plugins Team Up to Provide Customer Verification for WooCommerce

SheerID Inc., a provider of identity-verification technology, and software developer Payment Plugins are collaborating to provide a consumer identity-verification solution for e-commerce platform provider WooCommerce. The deal will seek to enable WooCommerce merchants to reduce fraud by ensuring gated offers and discounts are being used by customers who are the …

Read More »

POS Tech for Dining Gains Yet More Momentum As Olo Goes to the Point of Sale And Par Unveils New M&A

The restaurant and related hospitality market has attracted plenty of attention the past few years from payment platforms, rendering the market one of the hottest in the field of digital payments and marketing. And the trend shows no signs of cooling off, as processors and related service providers look to …

Read More »

Apple Reverses Epic Decision and Other Digital Transactions News briefs from 3/11/24

Apple Inc. on Friday reversed course on Epic Games, saying it would allow the online game developer to build its own app store in Europe for Apple devices. The reversal came as the European Union’s Digital Markets Act took effect last week. In the U.S. market. Apple several years ago permitted Epic …

Read More »

Paysafe’s Top Brass Notes Some Improvement But Adds Much Is ‘Yet to Be Done’

Bruce Lowthers has been a man on a mission since taking over as chief executive at a struggling Paysafe Ltd. nearly two years ago, and early on Thursday he laid out an agenda for the work his company has yet to do. While he touted some improvement so far, “there …

Read More »

PayPal Adds Tap to Pay on iPhone And Other Digital Transactions News briefs from 3/7/24

PayPal Holdings Inc. said Tap to Pay on iPhone is available for all Venmo business profile and PayPal Zettle users in the United States. Tap to Pay on iPhone enables merchants to accept contactless payments using an iPhone with no extra hardware, only a payments app. The service had been in …

Read More »

Follet Partners with GK Software; Transact Rolls Out a B2B Portal

Follet Higher Education, an educational service provider and omnichannel retailer, has selected GK Software SE as its cloud-based point-of-sale provider for its more than 1,000 college campus and online stores in the United States and Canada. Follet will deploy such apps as GK Software’s OmniPOS, which supports mobile POS, self-check-out, …

Read More »

An Active Year Helps Boost Results for Canada’s Nuvei

The big Montreal-based processor Nuvei Corp. has had a busy year since its headline acquisition early in 2023 of Atlanta-based Paya Holdings Inc., and late on Tuesday it disclosed how that activity has helped buoy its financial results. Nuvei, which was known until 2018 as Pivotal Payments, reported it processed …

Read More »

PayRange Battles Alleged Patent Misuse And Other Digital Transactions News briefs from 3/6/24

Unattended payments specialist PayRange Inc. said it filed a patent infringement lawsuit against CSC ServiceWorks, an operator of laundry machines in multi-family housing and college dorms. This is in addition to a previous patent infringement suit it filed in March 2023 against CSC ServiceWorks. In the new suit, PayRange seeks more than …

Read More »

Eye on Restaurants: SpotOn Adds a Marketing App; IHG Hotels & Resorts Partners With eTip

Payment technology provider SpotOn Transact LLC looks to expand its footprint in the highly competitive business of restaurant payments with the introduction of SpotOn Marketing Assist, an app that automates email and social-media marketing campaigns for restaurants. The app—which integrates with Spot On’s SpotOn Restaurant POS, SpotOn Order, and SpotOn …

Read More »
Digital Transactions