June 21, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Electronic Bill Payment, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Payments provider E-Complish announced it acquired an outstanding interest in Regal Technologies LLC, which provide automated clearing house and other payment services.Payments provider Shift4 Payments Inc. said it will process transactions for BetMGM, an online gaming and sports-betting platform.Payments provider ACI Worldwide Inc. said it is working with the Foundation for California Community Colleges to …
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June 16, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Electronic Bill Payment, Fraud & Security, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Point-of-sale
Payments provider Repay Holdings Corp. closed on its $503-million cash-and-stock acquisition of BillingTree, an 18-year-old payments-technology provider. The deal, the largest in Repay’s history, was announced May 10.NCR Corp. said it expects to close its $2.5-billion acquisition of ATM-network specialist Cardtronics plc on June 21. The merger agreement was announced in January.Freight-payments provider PayCargo received a $125-million Series …
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June 10, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Electronic Bill Payment, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Transaction Processing
Buy now, pay later provider Uplift Inc. said its service has been integrated with Vegas.com, a travel site.In related news, buy now, pay later provider Splitit said its service is now available on the ChargeAfter platform, which offers merchants a variety of consumer financing methods.Mastercard Inc. said it has closed on its $850-million acquisition of Ekata …
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June 9, 2021
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Electronic Bill Payment, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
A survey from Fast, an online checkout provider, found that 86% of U.S. shoppers have abandoned an online shopping cart. Of the 1,004 consumers surveyed earlier this month, 55% said they would be more likely to make an online purchase if there was a quicker, easier way to buy directly from …
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May 27, 2021
Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Electronic Bill Payment, Marketing, Pricing, Transaction Processing
Building on what it says is its strategy to make electronic bill payment simpler and more accessible to consumers, doxo Inc. is offering consumers a bill-payment service that avoids fees. The Seattle-based provider of digital billing and payment services says it is bypassing the transaction fees some billers, such as …
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May 21, 2021
Acquiring, Automated Clearing House, Competitive Strategies, Electronic Bill Payment, Featured, Issuing/Originating, Point-of-sale, Pricing, Transaction Processing
A payments trend that has gained some momentum during the pandemic is open banking, the idea that funds can validated and moved from an account to another one at a different bank inexpensively and by means other than cards or checks. On Thursday, that concept took a big step forward …
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May 13, 2021
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Electronic Bill Payment, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Payments technology provider Priority Technology Holdings Inc. reported first-quarter revenue of $113.3 million, up almost 22% from $93.1 million. The latter figure omits $3.5 million in revenue from the company’s RentPayments business, which it sold in September.The Federal Reserve Bank of Atlanta formed the Special Committee on Payments Inclusion that will focus on advancing …
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May 7, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Electronic Bill Payment, Marketing, Point-of-sale, Transaction Processing
An influx of larger merchants helped drive first-quarter payment volume for Square Inc., while on the consumer side the company’s Cash App benefited from a runup in value for Bitcoin as well as increasing adoption by business users. Sellers’ gross payment volume totaled $29.8 billion in the quarter, up 21% …
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May 5, 2021
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Electronic Bill Payment, Fraud & Security, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Transaction Processing
Skeptics abound when it comes to digital currencies, but PayPal Holdings Inc. is out to prove them wrong. Chief executive Dan Schulman, an early enthusiast, made it plain Wednesday he sees the crypto trend not only as the company’s big opportunity, but also as a potential liability if PayPal fumbles …
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April 29, 2021
Acquiring, Automated Clearing House, Competitive Strategies, Electronic Bill Payment, Marketing, Point-of-sale, Transaction Processing
To help large businesses reduce payment transaction costs and provide another option for how they receive payments, Square Inc. on Wednesday announced it will accept automated clearing house payments on Square Invoices. The addition of ACH payments could also enable Square to attract large, complex businesses—such as wholesalers, home-repair specialists, …
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